

Simply put, a layer 3 switch combines the functionality of a switch and a router. It acts as a switch to connect devices that are on the same subnet or virtual LAN at lightning speeds and has IP routing intelligence built into it to double up as a router. It can support routing protocols, inspect incoming packets, and can even make routing decisions based on the source and destination addresses.
Highlights
The global Layer 3 Switch market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Layer 3 Switch is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Layer 3 Switch is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Layer 3 Switch in Residential Gateway is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Layer 3 Switch include Cisco, Huawei, SOLIDEX Group, Moxa, Ruijie Networks, Arista Networks, ORing Industrial Networking and UTEK TECHNOLOGY, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Layer 3 Switch, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Layer 3 Switch.
The Layer 3 Switch market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Layer 3 Switch market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Layer 3 Switch companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Cisco
Huawei
SOLIDEX Group
Moxa
Ruijie Networks
Arista Networks
ORing Industrial Networking
UTEK TECHNOLOGY
Segment by Type
Hardware-based
Software-based
Segment by Application
Residential Gateway
Commercial Gateway
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Layer 3 Switch companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Layer 3 Switch Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware-based
1.2.3 Software-based
1.3 Market by Application
1.3.1 Global Layer 3 Switch Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Residential Gateway
1.3.3 Commercial Gateway
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Layer 3 Switch Market Perspective (2018-2029)
2.2 Layer 3 Switch Growth Trends by Region
2.2.1 Global Layer 3 Switch Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Layer 3 Switch Historic Market Size by Region (2018-2023)
2.2.3 Layer 3 Switch Forecasted Market Size by Region (2024-2029)
2.3 Layer 3 Switch Market Dynamics
2.3.1 Layer 3 Switch Industry Trends
2.3.2 Layer 3 Switch Market Drivers
2.3.3 Layer 3 Switch Market Challenges
2.3.4 Layer 3 Switch Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Layer 3 Switch Players by Revenue
3.1.1 Global Top Layer 3 Switch Players by Revenue (2018-2023)
3.1.2 Global Layer 3 Switch Revenue Market Share by Players (2018-2023)
3.2 Global Layer 3 Switch Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Layer 3 Switch Revenue
3.4 Global Layer 3 Switch Market Concentration Ratio
3.4.1 Global Layer 3 Switch Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Layer 3 Switch Revenue in 2022
3.5 Layer 3 Switch Key Players Head office and Area Served
3.6 Key Players Layer 3 Switch Product Solution and Service
3.7 Date of Enter into Layer 3 Switch Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Layer 3 Switch Breakdown Data by Type
4.1 Global Layer 3 Switch Historic Market Size by Type (2018-2023)
4.2 Global Layer 3 Switch Forecasted Market Size by Type (2024-2029)
5 Layer 3 Switch Breakdown Data by Application
5.1 Global Layer 3 Switch Historic Market Size by Application (2018-2023)
5.2 Global Layer 3 Switch Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Layer 3 Switch Market Size (2018-2029)
6.2 North America Layer 3 Switch Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Layer 3 Switch Market Size by Country (2018-2023)
6.4 North America Layer 3 Switch Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Layer 3 Switch Market Size (2018-2029)
7.2 Europe Layer 3 Switch Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Layer 3 Switch Market Size by Country (2018-2023)
7.4 Europe Layer 3 Switch Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Layer 3 Switch Market Size (2018-2029)
8.2 Asia-Pacific Layer 3 Switch Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Layer 3 Switch Market Size by Region (2018-2023)
8.4 Asia-Pacific Layer 3 Switch Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Layer 3 Switch Market Size (2018-2029)
9.2 Latin America Layer 3 Switch Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Layer 3 Switch Market Size by Country (2018-2023)
9.4 Latin America Layer 3 Switch Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Layer 3 Switch Market Size (2018-2029)
10.2 Middle East & Africa Layer 3 Switch Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Layer 3 Switch Market Size by Country (2018-2023)
10.4 Middle East & Africa Layer 3 Switch Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Cisco
11.1.1 Cisco Company Detail
11.1.2 Cisco Business Overview
11.1.3 Cisco Layer 3 Switch Introduction
11.1.4 Cisco Revenue in Layer 3 Switch Business (2018-2023)
11.1.5 Cisco Recent Development
11.2 Huawei
11.2.1 Huawei Company Detail
11.2.2 Huawei Business Overview
11.2.3 Huawei Layer 3 Switch Introduction
11.2.4 Huawei Revenue in Layer 3 Switch Business (2018-2023)
11.2.5 Huawei Recent Development
11.3 SOLIDEX Group
11.3.1 SOLIDEX Group Company Detail
11.3.2 SOLIDEX Group Business Overview
11.3.3 SOLIDEX Group Layer 3 Switch Introduction
11.3.4 SOLIDEX Group Revenue in Layer 3 Switch Business (2018-2023)
11.3.5 SOLIDEX Group Recent Development
11.4 Moxa
11.4.1 Moxa Company Detail
11.4.2 Moxa Business Overview
11.4.3 Moxa Layer 3 Switch Introduction
11.4.4 Moxa Revenue in Layer 3 Switch Business (2018-2023)
11.4.5 Moxa Recent Development
11.5 Ruijie Networks
11.5.1 Ruijie Networks Company Detail
11.5.2 Ruijie Networks Business Overview
11.5.3 Ruijie Networks Layer 3 Switch Introduction
11.5.4 Ruijie Networks Revenue in Layer 3 Switch Business (2018-2023)
11.5.5 Ruijie Networks Recent Development
11.6 Arista Networks
11.6.1 Arista Networks Company Detail
11.6.2 Arista Networks Business Overview
11.6.3 Arista Networks Layer 3 Switch Introduction
11.6.4 Arista Networks Revenue in Layer 3 Switch Business (2018-2023)
11.6.5 Arista Networks Recent Development
11.7 ORing Industrial Networking
11.7.1 ORing Industrial Networking Company Detail
11.7.2 ORing Industrial Networking Business Overview
11.7.3 ORing Industrial Networking Layer 3 Switch Introduction
11.7.4 ORing Industrial Networking Revenue in Layer 3 Switch Business (2018-2023)
11.7.5 ORing Industrial Networking Recent Development
11.8 UTEK TECHNOLOGY
11.8.1 UTEK TECHNOLOGY Company Detail
11.8.2 UTEK TECHNOLOGY Business Overview
11.8.3 UTEK TECHNOLOGY Layer 3 Switch Introduction
11.8.4 UTEK TECHNOLOGY Revenue in Layer 3 Switch Business (2018-2023)
11.8.5 UTEK TECHNOLOGY Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Cisco
Huawei
SOLIDEX Group
Moxa
Ruijie Networks
Arista Networks
ORing Industrial Networking
UTEK TECHNOLOGY
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*If Applicable.