|[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
DUBLIN --(Business Wire)--
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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