Global Crosspoint Switch Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Bank Type (Digital, Analog), By End-User Industry (Communication And Technology, Semiconductor, Energy And Power, Aerospace And Defence, Others), And By Geography - Forecasts From 2021 To 2026

Published:  Jan 2022 Report Code: KSI061611081 Pages: 114

The global crosspoint switch market is expected to grow at a compound annual growth rate of 9.16% over the forecast period to reach a market size of US$59.726 billion in 2026 from US$32.339 billion in 2019.

Introduction

The crosspoint switch is widely regarded as the next-generation high-performance packet switch. Crosspoint switches are mostly used in packet switching and telephony to move data at a faster rate. Crosspoint switches are also employed in a variety of applications, including mechanical, medical, audiovisual, and military. This is due to the fact that digital crosspoint switches are capable of handling many protocols, clock sources, and data streams. Chip-to-chip serial lines have been created by semiconductor companies in recent years and have been used in a variety of commercial routers and switches. For two reasons, a crosspoint switch allows for great performance: first, faster data transfer, and second, high-speed data. The digital crosspoint switch market offers opportunities for numerous integrated circuit manufacturers due to the fast pace of innovation, changing market conditions in the telecommunications industry, and the proliferation of standards. Performance and configuration of crosspoint switches differ. Data acquisition, computers, commercial, avionics, automotive, and audio applications all benefit from digital crosspoint switches. Other crosspoint switches, on the other hand, are intended for audiovisual, military, medical, and industrial use. Digital crosspoint switches may have on-chip electrostatic discharge protection, temperature, fault tolerance, and short circuit protection, among other characteristics.

Digital crosspoint switches provide critical connectivity technology and signal integrity, which aids in the resolution of high-speed networking difficulties. In communication and networking infrastructure, digital crosspoint switches are often employed as multiplexers. With the growing demand for less expensive, smaller, and more powerful crosspoint switches, digital crosspoint switches are likely to rise significantly. Furthermore, the growing demand for 3G wireless services, Voice over Internet Protocol (VoIP), and wireless web gadgets has increased the demand for high-bandwidth communication systems. Migration of broadcasting services such as multimedia-on-demand and cable TV to packet-oriented networks is predicted to represent a big potential for this industry, as digital crosspoint switches are designed to lower the cost of establishing such systems.

Market Trends

The demand for crosspoint switches has been increasing in applications of information processing including telephony and circuit switching which is anticipated to boost the growth of the global crosspoint switch market during the forecast period. The benefits of a cross point switch matrix architecture, such as high performance, no blocking, decreased bandwidth constraints, one-at-a-time connection, and the flexibility of connecting any input to any output, are all driving market expansion. The mechanical sorting machines and video switching in professional and home theatres are some of the areas in which the demand for crosspoint switches is anticipated to surge in the coming years. However, the market's expansion may be hampered by the crosspoint switches' sophisticated design. Furthermore, the complicated placement of cross points may stymie market expansion.

global crosspoint switch market

Growth Factors

  • Increasing need for data

The demand for high-speed, high-quality data will be enormous in the coming years. Broadband networks will rely on dependable technology to meet users' high-speed internet needs. For smooth data transmission, broad networks send data to private and public networks. The use of cross point switches is required during this operation. The demand for high-speed internet will give the cross points switch industry potential growth prospects. The point switch manufacturing process will be increased in the predicted term as a result of this scope. The technological requirement will be high, and manufacturing will expand to fulfill the demand. In addition, 5G will be adopted in the following years. The deployment of fifth-generation smartphones will result in an increase in internet users. According to the Cross Point Switch Market Analysis, the cross-point market will eventually offer a promising growth opportunity. In the next years, this expansion possibility will boost profitability and demand. These advancements will also result in the growth of the cross-point switch industry.

Impact of COVID-19 on the Crosspoint Switch Market:

The demand for cross-point switches is growing at a breakneck speed. The trends in the crosspoint switch market have been healthy throughout the year. During the pandemic, the number of people who utilize the internet has increased. In addition, the demand for high-quality video is growing. All of this has resulted in a surge in demand for cross-point switches. Network providers and data centers are using more modern cross point switches during the epidemic. The market for analog crosspoint switches is shrinking. The high voltage cross point switch, on the other hand, is in higher demand. During the COVID-19, though, there is still some supply disturbance. The global restrictions have made it impossible to get the goods to end customers. The post-COVID market trends appear to be positive. In addition, the market is being boosted by key companies boosting output.

global crosspoint switch market

Global Crosspoint Switch Market Scope:

Report Metric Details
 Market size value in 2019  US$32.339 billion
 Market size value in 2026  US$59.726 billion
 Growth Rate  CAGR of 9.16% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Bank Type, End-User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered MACOM, Analog Devices, Inc., ON Semiconductor, Maxim Integrated, Texas Instruments Incorporated, Microsemi Corporation, Microchip Technology Inc., Renesas Electronics Corporation, Semtech Corporation, Mouser Electronics
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Bank Type
    • Digital
    • Analog
  • By End-User Industry 
    • Communication and Technology
    • Semiconductor
    • Energy and Power
    • Aerospace and Defense
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Russia
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • UAE
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the crosspoint switch market size by 2026?
A1. The global crosspoint switch market is expected to reach a total market size of US$59.726 billion in 2026.


Q2. What are the growth prospects for the crosspoint switch market?
A2. The crosspoint switch market is expected to grow at a CAGR of 9.16% over the forecast period.


Q3. What is the size of the global crosspoint switch market?
A3. Crosspoint Switch Market was valued at US$32.339 billion in 2019.


Q4. What factors are anticipated to drive the crosspoint switch market growth?
A4. The demand for crosspoint switches has been increasing in applications of information processing including telephony and circuit switching which is anticipated to boost the crosspoint switch market growth.


Q5. How is the global crosspoint switch market segmented?
A5. The crosspoint switch market has been segmented by bank type, end-user industry, and geography.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Function
4.4. Function Value Chain Analysis

5. Global Crosspoint Switch Market, By Type
5.1. Introduction
5.2. Digital
5.3. Analog

6. Global Crosspoint Switch Market, By End-User Industry 
6.1. Introduction
6.2. Communication and Technology
6.3. Semiconductor
6.4. Energy and Power
6.5. Aerospace and Defense
6.6. Others

7. Global Crosspoint Switch Market, By Geography  
7.1. Introduction
7.2. North America  
7.2.1.  United States
7.2.2.  Canada
7.2.3.  Mexico
7.3. South America  
7.3.1.  Brazil
7.3.2.  Argentina
7.3.3.  Others
7.4. Europe  
7.4.1.  UK
7.4.2.  Russia
7.4.3.  France
7.4.4.  Italy
7.4.5.  Spain
7.4.6.  Others
7.5. Middle East and Africa  
7.5.1.  UAE
7.5.2.  Israel 
7.5.3.  Saudi Arabia
7.5.4.  Others
7.6. Asia Pacific  
7.6.1.  China
7.6.2.  Japan
7.6.3.  India
7.6.4.  Australia
7.6.5.  Taiwan
7.6.6.  Thailand
7.6.7.  Indonesia
7.6.8.  Others

8.  Competitive Environment and Analysis
8.1.  Major Players and Strategy Analysis
8.2.  Emerging Players and Market Lucrativeness
8.3.  Mergers, Acquisitions, Agreements, and Collaborations
8.4.  Vendor Competitiveness Matrix

9.  Company Profiles.
9.1. MACOM
9.2. Analog Devices, Inc.
9.3. ON Semiconductor
9.4. Maxim Integrated
9.5. Texas Instruments Incorporated
9.6. Microsemi Corporation
9.7. Microchip Technology Inc.
9.8. Renesas Electronics Corporation
9.9. Semtech Corporation
9.10. Mouser Electronics

MACOM

Analog Devices, Inc.

ON Semiconductor

Maxim Integrated

Texas Instruments Incorporated

Microsemi Corporation

Microchip Technology Inc.

Renesas Electronics Corporation

Semtech Corporation

Mouser Electronics

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