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We demonstrated the 4 × 4-cross/bar-40 Gbps/ch switch which is functionally compatible with a commercial semiconductor one in order to evaluate the current SFQ circuit technology quantitatively in both a operating speed and power consumption. According to our numerical simulations, the SFQ switch has one or two orders of magnitude higher throughput per a single channel than that of the semiconductor, and has much smaller exchanging times between routing paths. In an actual test based on the NEC Nb-2.5 kA/cm² junction technology, correct operation using an on-chip test system made up of 4700 Josephson junctions was confirmed up to 37 Gbps/ch which is about 14 times faster than the semiconductor of 2.7 Gbps/ch speed. We also confirmed that SFQ circuits consumed 1/800 power compared with those of semiconductor. The reason why data rates obtained experimentally did not reach the designed speed of 40 Gbps/ch is due to both the liming error and the influence of magnetic fields caused by large bias currents exceeding 500 mA. These results of quantitative evaluation show that the SFQ technology has much greater potentials than the semiconductor one in both the operating speed and the power consumption, which means it is very effective to apply the SFQ technology to digital applications. [ABSTRACT FROM AUTHOR]