Global Ethernet Test Equipment Market 2018-2022| 11% CAGR Projection Over the Next Four Years| Technavio
LONDON--(BUSINESS WIRE)--Dec 31, 2018--The global Ethernet test equipment market is expected to post a CAGR of over 11% during the period 2018-2022, according to the latest market research report by .
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Technavio has released a new market research report on the global Ethernet test equipment market for the period 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the rising demand for high-speed Ethernet. Ethernet was originally used for LAN, as a result, it was made to usually handle the smaller bandwidth. However, with the rise in adoption of Ethernet in different applications, the demand for larger bandwidth and test equipment that can handle high-speed Ethernet networks has increased.
This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the emergence of new-generation Power over Ethernet IEEE802.3bt as one of the key emerging trends in the global Ethernet test equipment market:
Global Ethernet test equipment market: Emergence of new-generation Power over Ethernet IEEE802.3bt
PoE is a technology that enables a system to safely transmit electrical power along with data to remote devices. PoE is designed so that Ethernet data and power signals do not interfere with each other. Transmitting power and data through a single network connection cuts installation cost, which eliminates the need to run a separate Alternating Current (AC) power source.
“PoE offers significant benefits in terms of ease of installation and reduces capital and operational costs. The original PoE standards devised were limited to devices requiring less than 12.95 watts of power. Over time, PoE standards have undergone updates to increase PoE applications beyond 12.95 watts,” says a senior analyst at Technavio for research on test and measurement.
Global Ethernet test equipment market: Segmentation analysis
This market research report segments the global Ethernet test equipment market by product (10 Gbe, 1 Gbe, and 40 Gbe & above) and geographical regions (APAC, EMEA, and the Americas).
The 10 Gbe segment held the largest market share in 2017, accounting for nearly 56% of the market. This product segment is expected to dominate the global market throughout the forecast period.
The Americas led the market in 2017 with a market share of nearly 39%. This region is expected to dominate the market through 2022, however, there will be a decrease in its market share.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 12/31/2018 01:21 AM/DISC: 12/31/2018 01:21 AM