|[May 22, 2014]
Research and Markets: Global Industrial Ethernet Market 2014-2018 with Cisco, HP, Alcatel-Lucent, Juniper Networks, Huawei Technologies & D-Link Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/v8xhxv/global_industrial)
has announced the addition of the "Global
Industrial Ethernet Market 2014-2018 with Cisco, HP, Alcatel-Lucent,
Juniper Networks, Huawei Technologies & D-Link Dominating"
report to their offering.
The Global Industrial Ethernet market will grow at a CAGR of 9% to
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 incresing 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.
One of the major drivers in this market is the need to reduce capital
and operational expenses. The use of industrial Ethernet devices in
connecting LANs to MANs and WANs helps service providers reduce their
capital and operating expenses. Another major factor driving the Global
Industrial Ethernet market is the high scalability of Ethernet equipment.
Further, the report states that one of the main challenges faced by the
market is the issue of compatibility of Ethernet equipment with the
existing IT infrastructure. Ethernet network equipment does not have
across-the-board standards. This leads to compatibility issues and
increases the burden on a network administrator who is responsible for
network management. Another major challenge is the increasing dependence
on component providers.
The key vendors dominating this space are:
Alcatel-Lucent (News - Alert)
Juniper Networks Inc.
Huawei Technologies Co. Ltd.
The other vendors mentioned in the report are:
Brocade Communications Systems Inc.
ZTE (News - Alert) Corp.
Nortel Networks Corp.
For more information visit http://www.researchandmarkets.com/research/v8xhxv/global_industrial
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