With the emergence and long-term Impact of COVID-19, Global Ethernet Adapter Market to reach USD 42.47 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Ethernet Adapter Market points towards a potential rise to USD 42.47 Billion by 2030. An ethernet adapter, also referred to as a Network Interface Card (NIC), is a device that can be inserted into a slot on a computer’s motherboard to enable connection to an ethernet network (LAN). The integration of ethernet technology into motherboard chipsets has made it a standard feature in both desktop and laptop computers.
The Ethernet Adapter Market is expanding because of factors such as an increase in the adoption of the Internet Of Things (IoT) and the growing number of data centres. Furthermore, growing IoT adoption drives Ethernet Adapter Market growth as devices require reliable and high-speed connectivity for seamless communication and data transfer.
Geographically, the global Ethernet Adapter market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market over the forecast period owing to the advanced technology infrastructure, widespread digital adoption and the growing demand for high bandwidth broad network boost the market for Ethernet Adapters in the region. Asia Pacific is the fastest growing region over the forecast period, owing to factors such as the increasing number of smartphone users and internet penetration and the growing adoption of emerging technologies such as IoT, 5G, Artificial intelligence, and Machine learning further increase the market growth in this region.
The global Ethernet Adapter market is highly competitive owing to the presence of several key players such as Anker Technology Ltd Apple Inc. Belkin International, Inc. Broadcom Inc. Intel Corporation Lenovo Group Limited Marvell Technology, Inc. Nvidia Corp. Plugable Technologies Xilinx Inc., and others.
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Key findings of the study suggest:
- Global Ethernet Adapter Market is anticipated to grow with a healthy growth rate of more than 33.50% over the forecast period 2023-2030.
- In the Type segment, External emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the advanced technology infrastructure, widespread digital adoption and the growing demand for high bandwidth broad network boost the market for Ethernet Adapters in the region.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- External
- Internal
By Interface Type:
- PCIe
- OCP
- USB
By Data Rate Per Port:
- Up to 1 GbE
- 10 GbE
- 25 GbE
- 40 GbE
- 50 GbE
- 100 GbE
- 200 GbE
By Port Configuration:
- Single
- Dual
- Quad
By Application:
- Servers
- Embedded Systems
- Consumer Applications
- Routers and Switches
- Desktop Systems
- Others
By End-User:
- Residential
- Industrial
- Commercial
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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