Ethernet is the traditional technology which is used for the connection of the wired LAN and enables the device to communicate through a protocol. The ethernet is less vulnerable to the disruptions caused by the physical barriers and also radio wave interference. The advantage of using ethernet is that is uses physical cabling which makes difficult for the any stranger to access the network data.
Managed ethernet are used in the industries as it is designed to work in the harsh environmental conditions for the automation or the process control. For instance, the advent of the fiber-optic ethernet reduces the problems associated with the noise and it also provides electrical segregation.
The growing technology development coupled with the advent of the cloud computing and big data. Additionally, the penetration of the internet across the globe is anticipated to boost the growth of the overall managed ethernet switches market during the forecast period.
“The advent of the ethernet physical layer uses the twisted pair of the fiber optic physical media interfaces which has speeds ranging from 10 Mbit/sec to 100 Gbit/sec and it expanded to 400 Gbit/sec.”
Managed ethernet switches market is anticipated to record a CAGR of 12% over the forecast period. The managed ethernet switches market is expected to showcase a vibrant growth by the end of the forecast period. The market is segmented on the basis of type and applications. On the basis of type, it is sub-segmented into managed industrial ethernet switches and unmanaged industrial ethernet switches. Managed industrial ethernet switches are anticipated to hold the largest market share during the forecast period. The increasing application of the managed ethernet switches in various industries on the account of the network prioritization is anticipated to be the major reason fostering the growth of the sub-segment.
On the basis of applications, it is sub-segmented into rail and intelligent transportation systems, factory and industrial automation, oil and gas, marine and mining and outdoor applications.CLICK TO DOWNLOAD FREE SAMPLE
Computing and artificial intelligence is increasing the penetration of the internet in the various industries. Various organizations are focusing on the deployment of the new application software. This is expected to increase the demand for the enhanced administrative setup and data management in the IT industry.
The rapidly expanding IT industry across the globe is anticipated to increase the demand for the ethernet switches. This is anticipated to boost the growth of the overall ethernet switches market. For instance, the total subscription of the fixed broadband subscriptions has increased from 1005 million in 2017 to 1075 million in 2018. Additionally, the increase in cellular subscriptions has also witnessed increase from 7814 in 2017 to 8160 in 2018.
The power management issues related to managed ethernet is expected to restrain the market growth of managed ethernet switches during the forecast period
Our-in depth analysis of the global managed ethernet switches market includes the following segments:
On the basis of regional analysis, global managed ethernet switches market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is anticipated to lead the overall managed ethernet switches market during the forecast period. The presence of high automation in the industrial sector is anticipated to be the major reason for the growth of the overall market. Asia-Pacific region is anticipated to expand at the highest CAGR during the forecast period. The increasing industrialization in the region leads to the high scale development of the residential and industrial sector. Additionally, the growing penetration of the internet across the various countries in the region is anticipated to further fuel the growth of the overall market in the region.
Global managed ethernet switches market is further classified on the basis of region as follows:
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