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Networking Ports Market to Observe Strong Development by 2024

12-08-2017 03:04 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

Networking Ports Market to Observe Strong Development by 2024

In this digital age, high-speed data transfer is a must. Computer and computing network have become an integral part of business, whether it is the service or manufacturing sector. All computing devices essentially require computer ports. These ports offer input and output interfaces to devices in order to communicate with peripherals and computer networks.

Based on port shipment, the market can be segmented into 1GbE, 10GbE, 40GbE, and 100GbE. In terms of infrastructure, the market can be further divided into Ethernet switches, storage networking, and routers.

This report on The Global Networking Ports Market offers a comprehensive study of drivers and restriction and estimates the subsequent impact of each of those factors. The report has been developed through research methodologies such as Porter’s five forces and SWOT Analysis. Company profiles is among the key features of the report, wherein a number of key vendors have been considered for their market share, revenue, product range, and recent strategic development. It also provides insight into the segments and regions of the market.

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Global Networking Ports Market: Trends and Prospects

The global networking ports market is mainly driven by increasing virtualization of network infrastructure. Extensive adoption of network visualization by enterprises to improve agility and efficiency and reduce costs are supplementing the market growth.

On the basis of port shipment, the 10GbE port segment held a significant share in the market in 2015, greater in comparison to the 1GbE segment. The shipment of 1GbE ports is witnessing a decline as most of the new data centers being constructed use 10GbE switch ports in the Top of Rack (ToR) switches. As a large number of data center operators are adopting white-box switches, in order to compete with white-box switches in the market, vendors such as Dell and HP have been compelled to present Open Networking switches.

Availability of router solutions that are apt for various environments is the key factor for the growth of the routers segment and this segment is expected to register high growth during the forecast period. To handle heavy data traffic, majority of data centers are in constant need of routers that are strong in nature. Along with software platforms, the security of the routers also plays a crucial role for implementation, which enables enhanced security for the routed data traffic.

Global Networking Ports Market: Regional Analysis

Geographically, the global networking ports market can be segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Among the mentioned regions, North America is expected to lead the pack over the forecast period. The growth of this region can be attributed to factors such as huge investments in data centers by companies in the U.S. Global content security policy (CSPs), telecommunication organizations, and colocation and managed hosting service vendors own majority of the data centers in the U.S. Through high rate of data center construction in the U.S., the data centers will become network functions virtualization (NFV)-enabled facilities and software-defined, and the adoption of high-performance network infrastructure will invariably lead to higher revenue generation.

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Companies Mentioned in Report

Huawei Technologies, Zhone Technologies Inc., Qualcomm Atheros, Cisco Systems Inc., Alcatel-Lucent, Ciena Corporation, Cyan Inc., ECI Telecom, LM Ericsson, Cyan Inc., Orckit-Corrigent, Tellabs, Arista Networks Inc., Extreme Networks Inc., Hitachi Ltd, IBM Corporation, Huawei Technologies, and Juniper Networks are some of the prominent players operating in the global networking ports market.

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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