[March 27, 2014]

Research and Markets: Global Industrial Ethernet market 2014-2018: Major Factor Driving the Global Industrial Ethernet Market is the High Scalability of Ethernet Equipment

Research and Markets (http://www.researchandmarkets.com/research/lns22k/global_industrial) has announced the addition of the "Global Industrial Ethernet market 2014-2018" report to their offering.

The analysts forecast the Global Industrial Ethernet market will grow at a CAGR of 9.85 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to reduce capital and operational expenditure. The Global Industrial Ethernet market has also been witnessing the introduction of cost-effective Ethernet devices. However, the increase in points of failure in Ethernet networks could pse a challenge to the growth of this market.

The key vendors dominating this space are CISCO, HP Co., Alcatel-Lucent, Juniper Networks Inc., Huawei Technologies Co. Ltd., and D-Link Corp.

The other vendors mentioned in the report are Avaya (News - Alert) Inc., Brocade Communications Systems Inc., Adtran Inc., Hitachi Ltd., ZTE Corp., and Nortel Networks Corp.

Commenting on the report, an analyst from the team said: the Global Industrial Ethernet market is expected to witness rapid growth during the forecast period due to several emerging trends that could have a positive impact on the market growth. One of the main trends witnessed in this market is the introduction of cost-effective Ethernet devices. The Global Industrial Ethernet market is highly price sensitive and the increasing cost of Ethernet devices is one of the main reasons for end-users changing vendors. Therefore, many vendors have reduced the price of Ethernet devices to remain competitive in the market. The combined effect of the drivers and trends is expected to propel the growth of the market during the forecast period.

For more information visit http://www.researchandmarkets.com/research/lns22k/global_industrial

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