Recent findings from IDC report the Ethernet switch market revenue grew by 20.1% to $44.2 billion in 2023. The datacenter segment of the market rose by 13.6%, and ODM direct sales increased by 16.2%. However, the enterprise and service provider router market saw a decline of 0.4% in revenue.

Worldwide data center Ethernet switch revenue grew 12 percent year-over-year (YoY) in 3Q17, reaching $2.9 billion, according to new research from IHS Markit.