The new report by Expert Market Research titled, ‘Global Ethernet Adapter Market Share, 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:
The market can be broadly categorised on the basis of interface type into:
By port configuration, the industry is segmented into:
On the basis of data rate per port, the market can be categorised into:
Up to 1 GbE
The market can be segmented on the basis of its applications into:
Routers and Switches
The market can be broadly categorised based on its end use into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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