IMARC Group, a leading market research company, has recently releases report titled “Ethernet Adapter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global ethernet adapter market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the ethernet adapter market?
|
Report Attributes |
Details |
|
Market Size in 2022 |
US$ 4.06 Billion |
|
Market Forecast in 2028 |
US$ 23.35 Billion |
|
Growth rate (2023 to 2028) |
CAGR of 31.70% |
|
Base Year of the Analysis |
2022 |
|
Forecast Period |
2023-2028 |
What is ethernet adapter?
An ethernet adapter, also referred to as a network interface card (NIC), is a card that can be inserted into a slot or directly installed onto a computer’s motherboard. Ethernet has become an integral part of the chipsets found on desktop and laptop computer motherboards. It is beneficial for manufacturing organizations as it enables them to establish stable and reliable supply chains on a significant scale. An ethernet adapter comprises a peripheral component interconnect express (PCIe), open compute project (OCP), and universal serial bus (USB). It provides a faster and more stable internet connection than wireless connections offering reliability, ease of installation, and maintenance. It supports single, dual, and quad ports by enabling computers to connect to an Ethernet local area network (LAN).
Additionally, it enhances security measures, ensures superior data transfer quality, and reduces the risk of security breaches and hacking attempts. It is vital in improving system performance, facilitating efficient data transmission and reception, and bridging the gap between virtual and physical networks. At present, ethernet adapters find extensive applications in various sectors, including industrial, commercial, and residential environments, as it is beneficial for servers, embedded systems, routers, switches, and desktop systems across the globe.
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What are the growth prospects and trends in the ethernet adapter?
The global Ethernet adapter market is primarily driven by increasing demand for these adapters, which offer easy maintenance and do not require switches or hubs. Moreover, the rising use of ethernet adapters due to the rising need for connections with faster bandwidth is positively influencing market growth. Along with this, there has been a rise in demand for dependable and high-quality internet connections for efficient business workflow management. In line with this, the increasing use of ethernet connections, which minimizes outside interference and lowers the danger of threat and susceptibility, has catalyzed market growth. Additionally, the surging adoption of ethernet adapters due to the rapid expansion of data centers has augmented product demand.
Besides this, the rising usage of the Internet of Things (IoT) and rapid digitalization have accelerated the product adoption rate. Furthermore, the expanding use of ethernet adapters in offices to facilitate quick and dependable data transfers is contributing to market growth. Apart from this, the rising popularity of ethernet adapters as an essential tool accelerating healthcare and scientific research and enhancing the accessibility to online learning amid the COVID-19 pandemic is propelling market growth. Other factors, including the rising need for affordable internet solutions among people, increasing demand for power over Ethernet (POE) in industries, and rapid industrialization, are also anticipated to create a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- External
- Internal
Interface Type Insights:
- PCIe
- OCP
- USB
Port Configuration Insights:
- Single
- Dual
- Quad
Data Rate Per Port Insights:
- Up To 1 GbE
- 10 GbE
- 25 GbE
- 40 GbE
- 50 GbE
- 100 GbE
- 200 GbE
Applications Insights:
- Servers
- Embedded Systems
- Consumer Applications
- Routers and Switches
- Desktop Systems
- Others
End Use Insights:
- Residential
- Industrial
- Commercial
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Anker Technology (UK) Ltd.
- Apple Inc.
- Belkin International Inc. (FIT Hon Teng Limited
- Hon Hai Precision Industry Co. Ltd.)
- Broadcom Inc.
- Digital Data Communications GmbH
- Intel Corporation
- Lenovo Group Limited
- Marvell Technology Inc.
- Nvidia Corporation
- Plugable Technologies.
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