Market Scenario
The driving factor for the market growth of cross point switch market are increasing deployment of data centers, increase in demand for energy-efficient and high-speed networking services, demand for LTE migration and others. The increasing adopting of fourth-generation smartphones has LTE and LTE Advanced which are used for high speed of data transmission. The next generation wireless devices are widely used for the internet browsing video recorders, cameras, and others are used to highlight the increasing revenue in the coming years.
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The global cross point switch market is bifurcated on the basis of type, form factor, end users and region. The type is segmented into digital, analog and others. The form factor is segmented into 64*64 & above, 12*12 To 64*64, 2*2 To 12*12 and others. The end users is segmented consumer electronics, commercial, automotive, industrial and others. The region includes North America, Europe, Asia Pacific and rest of the world.
The global Cross Point Switch Market is expected to grow at USD ~62 Billion by 2023, at ~10% of CAGR between 2017 and 2023.
Market Research Analysis:
On geographic basis, global cross point switch market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the cross point switch market. The cross point switch is gaining huge demand as it offers a central connection in any communication network, where connected device has a dedicated link with full operational bandwidth. In this market, Europe is to be estimated to be the second largest market share for cross point switch during the forecast period.
Key Players
The prominent players in the global cross point switch market are – Analog Devices Inc. (U.S.), ON Semiconductor (U.S), Mindspeed Technologies, Inc. (U.S.), Vitesse Semiconductor (U.S.), Lattice Semiconductor Corporation (U.S), LSI Corporation (U.S), Microchip Technology (U.S), Intersil Corporation (U.S), Microsemi Corporation (U.S), Texas Instruments Inc. (U.S), MACOM Technology Solutions (U.S) among others.
Global Cross Point Switch Market Segmentation
The global cross point switch market is bifurcated on the basis of type, form factor, end users and region. The type is segmented into digital, analog and others. The form factor is segmented into 64*64 & above, 12*12 To 64*64, 2*2 To 12*12 and others. The end users is segmented consumer electronics, commercial, automotive, industrial and others. The region includes North America, Europe, Asia Pacific and rest of the world.
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Intended Audience
- Cross point switch manufacturing companies
- Original equipment manufacturers
- Cross point switch providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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