Ethernet Adapter Market Size is projected to reach USD 52.55 Billion by 2030, growing at a CAGR of 33.7%: Straits Research
The global Ethernet adapter market size was valued at USD 3,850 million in 2021. It is projected to reach USD 52,558 million by 2030, growing at a CAGR of 33.7% during the forecast period (2022–2030). North America is the highest revenue contributor and is estimated to grow at a CAGR of 30.9% during the forecast period.
New York, United States, Aug. 10, 2022 (GLOBE NEWSWIRE) -- An Ethernet adapter, also known as a network interface card (NIC), is a card that plugs into a slot on a motherboard and allows a computer to connect to an Ethernet network (LAN). NIC was previously only utilized for desktop systems. However, ethernet is now built into the motherboard chipsets of desktop and laptop computers.
The Ethernet adapter market is estimated to expand due to increased demand for higher bandwidth connections across various industries. The growing deployment of data centers is also projected to fuel the ethernet adapter market. An ethernet connection provides excellent reliability and signal stability. It reduces the likelihood of external meddling and security breaches. Given these considerations, the ethernet adapter market is expected to increase exponentially in the near future.
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Swelling Demand for Higher Bandwidth Connections to Drive the Global Ethernet Adapter Market
There is a significant demand for high bandwidth in the telecom industry, cloud applications, TV-on-demand, video services, and online gaming. Wired transmission connection offers greater bandwidth, enhanced reliability & agility, and improved security compared to wireless communication. For instance, wired LAN offers 100Mbps bandwidth using Ethernet technology, whereas the maximum bandwidth provided by a wireless network is about 11Mbps.
Moreover, wireless transmission is lower in underwater operations due to the use of low frequency to keep the attenuation (power loss in transmitted signal) minimum and prevent slowdown of the transmission rate. If attenuation has to be reduced from 5.4 DB to 0.4 DB, the frequency must be reduced from 1.8 MHz to 0.01 MHz. However, wired communication is exempted from such limitations, making it a faster medium than wireless transmission. Consequently, increased demand for higher bandwidth and a need for more rapid transmission implicitly drive the ethernet adapter market.
Digitalization of Firms Creates News Opportunities for the Global Ethernet Adapter Market
The digitalization of businesses enhances the efficiency of their processes, consistency, and quality. Besides, it significantly reduces costs by optimizing production processes, saving time & human resources, and improving the standard of living. Therefore, more and more businesses are adopting digitalization. This increased adoption necessitates networking hardware such as routers, switches, and servers. Subsequently, the ethernet adapter market finds remunerative opportunities with the increasing digitalization of businesses during the forecast period.
Report Scope
Report Metric | Details |
Market Size | USD 52.55 Billion by 2030 |
CAGR | 33.7% (2022-2030) |
Historical Data | 2019-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Interface, Port Configuration, Data Rate per Port, Application, End-User, Region |
Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
Key Companies Profiled/Vendors | Anker Technology (UK) Ltd., Belkin International Inc., Broadcom, Intel Corporation, Lenovo, LevelOne, NVIDIA (Mellanox Technologies), Marvell Technology Group, Plugable Technologies, Xilinx |
Key Market Opportunities | Increased Demand for Power Over Ethernet (PoE) in Industries to Boom Market Opportunities |
Key Market Drivers | Increasing Deployment of Data Center to Augment Market Growth Prospect |
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Regional Insights
North America is the highest revenue contributor and is estimated to grow at a CAGR of 30.9% during the forecast period. In recent years, the internet's spread in North America has boosted the usage of computers, which in turn has increased the use of ethernet adapters to build local area networks. Advances in Ethernet adapters that provide a high data rate and a wide bandwidth contribute to the growth of the North American ethernet adapter industry. Furthermore, the expansion of the video gaming sector, which employs high-speed ethernet for LAN installation, influences ethernet adapter demand.
Asia-Pacific is the fastest-growing region. In terms of digital technology and infrastructure in the residential, commercial, and industrial sectors, Asia-Pacific has the most rapidly rising countries, including Japan, India, South Korea, Taiwan, and the Philippines. Increased internet penetration necessitates using ethernet adapters for network extension and installation. The need for ethernet adapters is influenced by factors such as high-speed transfer, reliability, robustness, and efficient connectivity over long distances.
The European ethernet adapter market is projected to reach USD 11,092 million by 2030, growing at a CAGR of 34.1%. The growth is mainly driven by increased economic activities, rapid industrialization, and a rise in internet users. Industrialization promotes the setup of office buildings, data centers to provide data storage services, and others. These applications require ethernet adapters for the transfer of data.
Key Highlights
The global Ethernet adapter market was valued at USD 3,850 million in 2021. It is projected to reach USD 52,558 million by 2030, growing at a CAGR of 33.7% during the forecast period (2022–2030).
By type, the global ethernet adapter market is segmented into External and Internal. The Internal segment is the highest contributor to the market and is estimated to grow at a CAGR of 34% during the forecast period.
By interface type, the global ethernet adapter market is segmented into PCIe, OCP, and USB. The PCIe segment is the highest contributor to the market and is estimated to grow at a CAGR of 34.1% during the forecast period.
By data rate per port, the global ethernet adapter market is segmented into Up to 1 GbE, 10 GbE, 25 GbE, 40 GbE, 50 GbE, 100 GbE, and 200 GbE. The Up to 1 GbE segment is the highest contributor to the market and is estimated to grow at a CAGR of 11.6% during the forecast period.
By port configuration, the global ethernet adapter market is divided into Single, Dual, and Quad. The Dual segment is the highest contributor to the market and is estimated to grow at a CAGR of 34.4% during the forecast period.
By application, the global ethernet adapter market is segmented into Servers, Embedded Systems, Consumer Applications, Routers & Switches, Desktop Systems, and Others. The Embedded Systems segment is the highest contributor to the market and is estimated to grow at a CAGR of 34.4% during the forecast period.
By end-user, the global ethernet adapter market is divided into Industrial, Residential, and Commercial. The Commercial segment is the highest contributor to the market and is estimated to grow at a CAGR of 32.5% during the forecast period.
By region, the global ethernet adapter market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America Surpasses the rest of the world.
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Competitive Players in the Global Ethernet adapter market
Anker Technology (UK) Ltd.
Belkin International, Inc.
Broadcom
Intel Corporation
Lenovo
LevelOne
NVIDIA (Mellanox Technologies)
Marvell Technology Group
Plugable Technologies
Xilinx
Global Ethernet Adapter Market: Segmentation
By Type
External
Internal
By Interface Type
PCIe
OCP
USB
By Port Configuration
Single
Dual
Quad
By Data Rate per Port
Up to 1 GbE
10 GbE
25 GbE
40 GbE
50 GbE
100 GbE
200 GbE
By Application
Servers
Embedded Systems
Consumer Applications
Routers & Switches
Desktop Systems
Others
By End-user
Residential
Industrial
Commercial
By Regions
North America
Europe
Asia-Pacific
LAMEA
TABLE OF CONTENT
Introduction
Market Definition
Market Scope
Research Methodology
Primary Research
Research Methodology
Assumptions & Exclusions
Secondary Data Sources
Market Overview
Report Segmentation & Scope
Value Chain Analysis: Ethernet Adapter Market
Key Market Trends
Drivers
Restraints
Opportunities
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitution
Threat of New Entrants
Competitive Rivalry
Market Share Analysis
Type Overview
Introduction
Market Size & Forecast
External
Market Size & Forecast
Internal
Market Size & Forecast
Interface Type Overview
Introduction
Market Size & Forecast
PCIe
Market Size & Forecast
OCP
Market Size & Forecast
Regional Overview
Introduction
Market Size & Forecast
America
North America
U.S.
By Type
By Interface Type
Canada
By Type
By Interface Type
Mexico
By Type
By Interface Type
Latin America
By Type
By Interface Type
Europe
Market Size & Forecast
Germany
By Type
By Interface Type
France
By Type
By Interface Type
U.K.
By Type
By Interface Type
Italy
By Type
By Interface Type
Spain
By Type
By Interface Type
Rest of Europe
By Type
By Interface Type
Asia Pacific
Market Size & Forecast
Japan
By Type
By Interface Type
China
By Type
By Interface Type
Australia
By Type
By Interface Type
India
By Type
By Interface Type
South Korea
By Type
By Interface Type
Rest of Asia-Pacific
By Type
By Interface Type
Middle East & Africa
Market Size & Forecast
Saudi Arabia
By Type
By Interface Type
South Africa
By Type
By Interface Type
Kuwait
By Type
By Interface Type
Rest of Middle East & Africa
By Type
By Interface Type
Company Profile
Anker Technology Ltd
Company Overview
Financial Performance
Recent Developments
Product Portfolio
Belkin International Inc
Company Overview
Financial Performance
Recent Developments
Product Portfolio
Broadcom
Company Overview
Financial Performance
Recent Developments
Product Portfolio
Conclusion & Recommendation
Acronyms & Abbreviations
Table of Content and Figure @ https://straitsresearch.com/report/ethernet-adapter-market/toc
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