TMCnet News
World Metro Ethernet Market to Grow at a CAGR of 13.51% During 2018-2026DUBLIN, April 1, 2019 /PRNewswire/ -- The "Global Metro Ethernet Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2026" report has been added to ResearchAndMarkets.com's offering. The global metro Ethernet market reached the value of US$ 28.46 Bn in 2017 and is expected to witness immense CAGR of 13.51% across the forecast period through 2018 to 2026. Metro Ethernet is primarily poised by characteristics such as high bandwidth, relative simplicity and low-cost switches among several others. The first span of a network that connects subscribers and businesses to the WAN has always been a critical area for delivering data services as it has been built to enable the availability and reliability needs of communication. Ethernet technology has widely accepted in several enterprise deployments and millions of Ethernet ports have already been installed. Presently the cost of 100 Mbps interface for enterprise switches is less than US$ 50 and further expected to get reduced in the following years. These are laid with an intention of reducing efforts, cost and time in future as well in case the requirement of bandwidth increases. Since the past few years, metro Ethernet networks have emerged as an additional source of income for the service providers. Apart from telecommunication/internet infrastructure providers, telecommunication carriers are also investing significantly for additional business requirements and reducing backhaul costs as it provides rapid provisioning on demand, plummeting the time to market and managing capital expenditure. Metro Ethernet encompasses various fiber mode types, which are segmented as a single mode module and multi-mode module. In 2017, the value contribution from multi-mode fibers segment was highest in the global metro Ethernet market. The segment accounted for over 3/4th of the global metro Ethernet market value in the same year. Rapidly growing digitalization across the world has altered the connection technology atmosphere pertaining to an increasing number of connected individual components and products. Similarly increasing penetration of connected components in several applications require a cumulative volume of data that needs to transmit at higher speeds. As a result, service providers are increasingly adopting Ethernet power cables, which combine data cables, power cables and even hoses for pneumatics & hydraulics in a single sheath. In adition, periodic advancement in communication technologies (such as 3G, 4G LTE, and 5G), consumers' expectation for high-speed internet has increased dramatically. This makes it highly challenging for service providers to keep up with rapidly growing internet bandwidth demand. Key players of the global metro Ethernet market include Verizon Communications, Inc., AT&T, Inc., Zayo Group, Consolidated Communications Holdings, Inc., CenturyLink, Inc., Interoute Communications Ltd., Comcast Corporation, Colt Group SA, Windstream Services and NTT Communications LLC among others. The appearance of several network service providers globally has made the overall metro Ethernet market fragmented in nature. The metro Ethernet market consists of a number of domestic players serving limited markets. In contrast to global communication network providers, local/regional organizations provide the majority of internet services, thereby restraining the scope of global players. Global players are following key strategies such as technological advancements, mergers & acquisitions of domestic players to sustain and grow in the overall market. For instance, Verizon Communications, Inc. announced that company growth in metro Ethernet business is primarily backed by the acquisition of dark fiber network of XO Communications Inc, in February 2017. Further, In January 2018, AT&T, Inc. and Equinix, Inc. announced their partnership to make AT&T metro Ethernet services available for businesses across Equinix, Inc.'s data centers to enable network on demand requirement. Similarly, in 2018 Zayo Group announced an expansion of Ethernet network in the European market including Amsterdam, Dublin, Paris, and London. Key Topics Covered 1. Preface 1.1. Report Scope and Description 1.2. Research Scope 1.3. Research Methodology 1.4. Market Segmentation 2. Executive Summary 2.1. Global Metro Ethernet Market Snapshot, 2017 & 2026 2.2. Global Metro Ethernet Market, by Fiber Mode Type, 2017 (US$ Bn) 2.3. Global Metro Ethernet Market, by End-user, 2017 (US$ Bn) 2.4. Global Metro Ethernet Market, by Geography, 2017 (US$ Bn) 3. Market Dynamics 3.1. Overview 3.1.1. Global Metro Ethernet Market Value, 2016 - 2026 (US$ Bn) 3.2. Market Inclination Insights 3.3. Market Dynamics 3.3.1. Market Drivers 3.3.2. Market Restraint 3.4. Attractive Investment Proposition, by Geography, 2017 3.5. Market Positioning of Key Metro Ethernet Fiber Mode Providers, 2017 3.5.1. Major Strategies Adopted by Leading Companies 4. Global Metro Ethernet Market, by Fiber Mode Type, 2016 - 2026 (US$ Bn) 4.1. Overview 4.2. Single Mode Module 4.3. Multi-mode Module 5. Global Metro Ethernet Market, by End-use, 2016 - 2026 (US$ Bn) 5.1. Overview 5.2. Banking, Financial Services and Insurance (BFSI) 5.3. ISPS & Telecommunication 5.4. Information Technology 5.5. Healthcare 5.6. Education 5.7. Manufacturing & Logistics 5.8. Hospitality & Retail 6. North America Metro Ethernet Market Analysis, 2016 - 2026 (US$ Bn) 10. Company Profiles 10.1. Verizon Communications Inc. 10.2. AT&T Inc. 10.3. Zayo Group 10.4. Consolidated Communications Holdings Inc. 10.5. CenturyLink Inc. 10.6. Interoute Communications Ltd. 10.7. Comcast Corporation 10.8. Colt Group S.A. 10.9. Windstream Services LLC 10.10. NTT Communications LLC For more information about this report visit https://www.researchandmarkets.com/research/5rfh2p/world_metro?w=5 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets
View original content:http://www.prnewswire.com/news-releases/world-metro-ethernet-market-to-grow-at-a-cagr-of-13-51-during-2018-2026--300821922.html SOURCE Research and Markets |