You are currently viewing Global Ethernet Adapter Market to be Driven by High Demand for High-bandwidth connectivity in various industries in the Forecast Period of 2023-2028

Global Ethernet Adapter Market to be Driven by High Demand for High-bandwidth connectivity in various industries in the Forecast Period of 2023-2028

The new report by Expert Market Research titled, ‘Global Ethernet Adapter Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis global ethernet adapter market assessing the market based on type, interface type, port configuration, data rate port, application, end use and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 33.5%

The market for Ethernet adapters is expected to grow because more and more data centres are being built. Furthermore, Ethernet connections are very reliable and stable. It keeps outside interference to a minimum and there is very little chance of a security breach. According to these factors, it is likely that the Ethernet adapter industry will grow rapidly in the near future.

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Industry Definition and Major Segments

Plugging an Ethernet adapter (NIC) into a motherboard’s motherboard slot allows a computer to connect to an Ethernet (LAN) network. This is no longer an issue because Ethernet is now incorporated into motherboard chipsets on both desktop and laptop computers. Previously, a separate NIC was required for both desktop and laptop systems.

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By type, the industry is bifurcated into:

• External
• Internal

The market can be broadly categorised on the basis of interface type into:

• PCIe
• OCP
• USB

By port configuration, the industry is segmented into:

• Single
• Dual
• Quad

On the basis of data rate per port, the market can be categorised into:

• Up to 1 GbE
• 10 GbE
• 25 GbE
• 40 GbE
• 50 GbE
• 100 GbE
• 200 GbE

The market can be segmented on the basis of its applications into:

• Servers
• Embedded Systems
• Consumer Applications
• Routers and Switches
• Desktop Systems
• Others

The market can be broadly categorised based on its end use into:

Residential
Industrial
Commercial

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Trends

One major factor driving the Ethernet adapter market’s growth is the increasing adoption of Internet of Things (IoT) devices and the increasing penetration of the internet, particularly among emerging countries. In spite of this, the Ethernet adapter market may be hindered by the high cost of installation and the limited availability of devices. It’s also worth noting that organisations are becoming more digital and the need for power over Ethernet (PoE) is increasing.

Because of the presence of a substantial number of leading industry players in the area, North America accounted for the largest share of the market. Because of a surge in demand for higher bandwidth internet connections and an increase in the deployment of 5G technology, Europe was the second-largest revenue contributor in the past year and is predicted to continue to expand at a rapid pace throughout the forecast period.

Key Market Players

The major players in the market are Anker Technology (UK) Ltd., Belkin International, Inc, Broadcom Inc., Plugable Technologies, Intel Corporation and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.