Europe High Bandwidth Ethernet Market, By Offering (Hardware, Software, Service), Category (Retail/Enterprise, Wholesale/Access), Virtual Connection (E-Line, E-LAN, E-Tree), Port Speed (100 Mbps, 1 GigE, 10 Mbps, 100 Gbps), Consumer (Small and Medium-Sized Enterprises, Large Enterprises, Individual Consumer), Application (Industrial, Commercial, Residential) – Industry Trends and Forecast to 2030.
Europe High Bandwidth Ethernet Market Analysis and Size
The Europe high bandwidth ethernet market is expected to grow at a healthy growth rate from 2023 to 2030 because of the growing need for a fast, scalable, and reliable communication medium for IoT components. It has been witnessed that hardware is the fastest-growing offering segment because ethernet hardware connects devices in a network and provides reliability, fast speed, and security. Furthermore, the surge in applications of high-bandwidth Ethernet automotive and industrial industries is the primary driver driving the growth of the high-bandwidth Ethernet market.
Data Bridge Market Research analyses that the high bandwidth ethernet market is expected to reach USD 21,753.78 million by 2030, which was USD 8,011.15 million in 2022, at a CAGR of 13.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Europe High Bandwidth Ethernet Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Hardware, Software, Service), Category (Retail/Enterprise, Wholesale/Access), Virtual Connection (E-Line, E-LAN, E-Tree), Port Speed (100 Mbps, 1 GigE, 10 Mbps, 100 Gbps), Consumer (Small and Medium-Sized Enterprises, Large Enterprises, Individual Consumer), Application (Industrial, Commercial, Residential)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
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Market Players Covered
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Cisco Systems Inc. (U.S.), Rockwell Automation, Inc. (U.S.), General Electric (U.S.), Schneider Electric (France), Advantech Co., Ltd. (Taiwan), AAEON (Taiwan), SICK AG (Germany), ABB (Switzerland), Honeywell International Inc. (U.S.), Huawei Technologies Co., Ltd (China), OMRON Corporation (Japan), Beckhoff Automation (Germany), HMS Networks (Sweden), Belden Inc. (U.S.), Weidmüller Interface GmbH & Co. KG (Germany), Moxa Inc. (Taiwan), Robert Bosch GmbH (Germany)
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Market Opportunities
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Market Definition
Ethernet is a wired communication protocol used for connecting computers in a wide area network (WAN) and a local area network (LAN) or a metropolitan area network. It transfers data across interconnected systems through fiber optics or copper cables. This enables a communication network in a computer system. Ethernet describes a set of guidelines for devices connected on the same network in which they can receive, recognize and process the transferred data.
Europe High Bandwidth Ethernet Market
Drivers
- Rising demand for high bandwidth ethernet for industrial application
The industrial sector is anticipated to dominate the high bandwidth ethernet market because machines and all equipment are progressively becoming intelligent and need faster and more network connectivity. As a result, industrial networks globally are progressively upgrading to standards-based Ethernet as the infrastructure backbone for control and mission-critical automation applications. Therefore, rising demand for high bandwidth ethernet for industrial applications will likely boost the market growth during the forecast period.
- Increasing need for uninterrupted connectivity with high security
Customers can benefit from high-bandwidth ethernet connectivity since it is dependable and cost-effective. Its capabilities can support digital transformation projects and cloud-centric architectures with higher coverage. Recent research has shown that around 96 percent of customers prioritize strategic digital transformation projects. High-bandwidth Ethernet offers customers dependable and consistent connectivity to help them attain corporate success and growth. Hence, the increasing need for uninterrupted connectivity with high security will likely boost the market growth.
Opportunities
- Surging product launches by major players in the market
Companies are launching new products to support automation in the automotive industry, which will likely generate ample market growth opportunities during the forecast period. For instance, Elektrobit announced the first automotive Ethernet switch firmware of the industry in 2021, which enables high-performance communications and security in-vehicle networks. The EB zone SwitchCore will make it easier for suppliers and carmakers to construct the high-bandwidth and sophisticated communications systems next-generation vehicles require.
- Increasing penetration towards high bandwidth Ethernet in IT sector for better result
Enterprises continue to move toward application growth to the cloud, and these applications require more and more bandwidth. With this new demand, IT staffs require new options for how to manage and configure their networks. Bandwidth optimization is paramount as the economy keeps rolling. With high bandwidth ethernet, IT managers can shift more traffic to well-established, extremely reliable technology. For instance, multi-site networks can leverage the higher multiplexed user-to-network Interfaces (UNIs) to decrease their overall physical port footprint. That frees up costs and resources for new uses. Hence, increasing penetration towards high bandwidth Ethernet in IT sector for better results boosts market growth.
Restraints
- Availability of alternatives of high bandwidth ethernet
Ethernet has been refined to support higher bit rates, greater nodes, and longer link distances but retains much backward compatibility. The high bandwidth ethernet market has witnessed numerous direct and indirect alternatives hampering the market's growth. Over time, Ethernet has largely substituted competing wired LAN technologies such as token ring and ARCNET.
- Cybersecurity risks associated with high bandwidth ethernet
The major factor challenging the growth of the high-bandwidth ethernet market is the risks of cybersecurity associated with using high-bandwidth Ethernet. The hazards range from using high bandwidth ethernet from internal data traffic accidents to external hacker attacks, which may hamper the market growth.
This high bandwidth ethernet market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the high bandwidth ethernet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2021, AAEON announced the introduction of PICO-APL4, a cost-effective and compact session border controller (SBC). This new launch featured storage, onboard memory, and dual Gigabit Ethernet support. It is ideally suitable for IoT gateway systems and factory automation. Celeron N3350, Intel Atom, and Pentium N4200 processor power it. The new product launch aimed to enhance the company's portfolio in high-speed ethernet appliances
Europe High Bandwidth Ethernet Market Scope
The high bandwidth ethernet market is segmented on the basis of offering, category, virtual connection, port speed, consumer, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Hardware
- Software
- Service
Category
- Retail/Enterprise
- Wholesale/Access
Virtual Connection
- E-Line
- E-LAN
- E-Tree
Port Speed
- 100 Mbps
- 1 GigE
- 10 Mbps
- 100 Gbps
Consumer
- Small and Medium-Sized Enterprises
- Large Enterprises
- Individual Consumer
Application
- Industrial
- Commercial
- Residential
High Bandwidth Ethernet Market Regional Analysis/Insights
The high bandwidth ethernet market is analyzed and market size insights and trends are provided by country, offering, category, virtual connection, port speed, consumer, and application, as referenced above.
The countries covered in the high bandwidth ethernet market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe.
U.K. dominates the Europe high bandwidth ethernet market owing to the availability of large numbers of commercial industries in the region that uses ethernet connectivity. Germany is the second largest market because the region has a high demand for high bandwidth ethernet for its automotive industry.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Bandwidth Ethernet Market Share Analysis
The high bandwidth ethernet market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to high bandwidth ethernet market.
Some of the major players operating in the high bandwidth ethernet market are:
- Cisco Systems Inc. (U.S.)
- Rockwell Automation, Inc. (U.S.)
- General Electric (U.S.)
- Schneider Electric (France)
- Advantech Co., Ltd. (Taiwan)
- AAEON (Taiwan)
- SICK AG (Germany)
- ABB (Switzerland)
- Honeywell International Inc. (U.S.)
- Huawei Technologies Co., Ltd (China)
- OMRON Corporation (Japan)
- Beckhoff Automation (Germany)
- HMS Networks (Sweden)
- Belden Inc. (U.S.)
- Weidmüller Interface GmbH & Co. KG (Germany)
- Moxa Inc. (Taiwan)
- Robert Bosch GmbH (Germany)
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