The global market for digital
crossspoint switches is the focus of analysis of market research report by
Transparency Market Research. The report presents a 360-degree overview of the
major elements of the market and furnishes qualitative as well as quantitative
details pertaining to the past and present states of these elements. Data is
given from a global as well as a regional standpoint. The report is titled “Digital
Crosspoint Switches Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 – 2023”.
Some of the major factors
driving the global digital crosspoint switches market are the rising level of
digitization, rising penetration of broadband networks, increasing adoption of
mobile computing devices, and the resulting rise in volume of digital data in
the past few years. The continuous rise in demand for high speed and high quality
data transfer is driving the evolution of broadband networks. As digital
crosspoint switches aid in the efficient functioning of broadband networks,
their demand is also expected to rise significantly in the years to come.
Additionally, the ability of
digital crosspoint switches to support a large number of data centers-specific
protocols is also a major factor increasing their adoption globally.
The demand for compact, less
expensive, and powerful digital crosspoint switches is expected to open several
new growth opportunities for vendors in the global digital crosspoint switches
market. Increased investments in communication semiconductors and network
infrastructure by the telecom industry is also one of the major opportunities
that companies can capitalize on in the near future.
On the basis of application,
the market has been segmented into military, commercial, medical, avionics, and
industrial.
On the basis of geography, the
market has been segmented into North America, Asia Pacific, Europe, and Rest of
the World (RoW). The report states that the market will expand at a robust pace
in developing countries of Asia Pacific, Latin America, and Africa owing to the
rapid expansion of telecom industry and improved penetration of broadband
networks in these regions.
The report also gives in-depth
insight into the competitive scenario of the global digital crosspoint switches
market with the help of detailed business profiles of some of the key vendors
in the market, recent developments, and inputs from industry experts. Some of
the major vendors in the market profiled in the report are Mindspeed
Technologies Inc., Analog Devices, Inc., Texas Instruments Inc., LSI
Corporation, Micrel Inc., Hittite Microwave Corporation, Vitesse Semiconductor
Corporation, Lattice Semiconductor Corporation, Intersil Corporation, Maxim Integrated,
and Semtech Corporation.
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