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(IT-NEWSWIRE.COM, October 24, 2017 ) Market Synopsis of Cross Point Switch Market
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.
The companies such as Phil Analog Devices Inc. (U.S.), ON Semiconductor (U.S), Mindspeed Technologies, Inc. (U.S.), Vitesse Semiconductor (U.S.), Lattice Semiconductor Corporation (U.S), are the leading manufacturers of cross point switch solution in the market. The companies including AWS, Google, Facebook, and Microsoft, are the cloud service providers and internet service providers owned data centers has huge requirement of digital cross point switches.
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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 regional analysis of cross point switch market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in cross point switch market as it has huge demand as it is best suited for broadcast video applications. The cross point switch market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for cross point switch market and expected to be the highest CAGR in the coming years.
The global cross point switch market is expected to grow at USD ~62 Billion by 2023, at ~10% of CAGR between 2017 and 2023.
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.
Segments:
The global cross point switch market has been segmented on the basis of type, form factor, end users and region.
Global Cross Point Switch Market By Types:
Digital
Analog
Global Cross Point Switch Market By Form Factor:
64*64 And Above,
12*12 To 64*64,
2*2 To 12*12
Others
Global Cross Point Switch Market By End Users:
Consumer Electronics
Commercial
Automotive
Industrial
Others
Global Cross point switch Market By Regions:
North America
Europe
APAC
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
Marketresearchfuture
Market Research Future
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Source: EmailWire.Com 
Source: EmailWire.com
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