Reliable Ethernet Networks Drive Uptake Of Ethernet Cards
Ethernet cards play a crucial role in establishing robust and reliable data communication networks between various devices. They allow wired connectivity between computers, servers, network appliances and other networked devices by supporting standard Ethernet protocols for high-speed data transfer. Ethernet cards enable seamless transmission of audio, video and other multimedia files with minimal latency. Widely used in desktops, servers, laptops and various networking gear, Ethernet cards help create Local Area Networks (LANs) that significantly improve operational efficiency. Their plug-and-play compatibility with other Ethernet ports and switches simplifies implementation of wired networks.
The global Ethernet Card Market is estimated to be valued at US$ 6.25 Bn in 2023 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends
One of the key trends witnessed in the Ethernet Card Market pertains to the growing preference for energy-efficient networking solutions. As organizations seek to reduce costs associated with network infrastructure and operations, demand has grown for “green Ethernet” cards designed to minimize power consumption and optimize thermal performance. These innovative Ethernet cards integrate advanced Very Large Scale Integration (VLSI) circuitry and low-power switching silicon to significantly reduce energy usage during data transmission. Their eco-friendly attributes prove crucial in complementing sustainability initiatives of businesses. Furthermore, increasing deployment of Ethernet ports in emerging technologies like autonomous vehicles, industrial robotics, and IoT gateways has stimulated uptake of high-speed Ethernet cards capable of handling bandwidth-intensive applications. This expanding scope of Ethernet connectivity helps augment the overall market revenues.
Porter’s Analysis
Threat of new entrants: Low barriers to entry with new technologies allows easier entry for competitors however established players have strong brand recognition and economies of scale.
Bargaining power of buyers: Large buyers such as cloud service providers have significant bargaining power due to the volume of cards purchased.
Bargaining power of suppliers: Few chipset manufacturers control supply increasing their bargaining power over original equipment manufacturers.
Threat of new substitutes: Wireless technologies pose a threat however won’t replace wired technologies in the near future due to reliability needs in data centers.
Competitive rivalry: High as companies compete on product features, compatibility and pricing with no company having more than 30% market share.
Key Takeaways
The global Ethernet Card Market Demand is expected to witness high growth over the forecast period.
Regional analysis Asia Pacific is expected to witness fastest growth in the Ethernet Card Market due to rising penetration of high-speed internet and increasing digitalization across industries in the region. China is anticipated to hold the largest regional market share.
Key players operating in the Ethernet Card Market are Intel Corporation, Broadcom Inc., Microchip Technology Inc., Mellanox Technologies, Xiaomi Corporation. Key players are focusing on new product launches catering to increasing bandwidth needs across various industries.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it