Cisco, Siemens And Huawei Technologies Co., Ltd. Are Dominating The Europe High Bandwidth Ethernet Market In 2020

Europe High Bandwidth Ethernet Market is expected to grow at a CAGR of 13.3% during the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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Europe high bandwidth ethernet market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in Europe high bandwidth ethernet market are introducing a strong range of products along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

  • In April 2021, Cisco announced the extension of the agreement with SFR, a French Mobile Communication company. Accordingly, the SFR’s network infrastructure was updated using Cisco’s newest ASR 9000 routers. This strengthened SFR’s ability to support upcoming 5G and IoT services. The company was able to boost its high-speed broadband internet connections via fiber, 4G, and 5G. This enhanced Cisco Systems, Inc.’s ability to provide critical network infrastructure

Cisco is the dominating player in Europe high bandwidth ethernet market. The other key players existing in the market are Moxa Inc., Rockwell Automation, Inc., G.E. (a division of General Electric), Patton Electronics Co., SICK AG, Advantech Co., Ltd., HMS Networks, ifm electronic gmbh, AAEON, ABB, Schneider Electric, Siemens, Weidmüller GmbH & Co KG, Honeywell International Inc., Bosch Rexroth AG, Belden Inc., Huawei Technologies Co., Ltd., Beckhoff Automation, OMRON Corporation, and others.

Europe High Bandwidth Ethernet MarketCisco

Cisco was established in the year 1984 and is headquartered in California, U.S. The company focuses on providing a range of technologies to enterprises to enable them to build a secure and intelligent platform for their digital businesses. The company has several product categories, which are networking, software, Internet of Things (IoT), mobility and wireless, security, collaboration, data center, cloud and computing, small and midsize businesses, and service provider in which networking is the market-focused category.

For instance,

  • In June 2021, Cisco announced the launch of its new portfolio of Catalyst industrial routers. This enabled the company to provide IoT success for enterprises with edge flexibility, security, and scalability. This enabled the organizations to run connected operations at scale with a choice of management tools suited for both I.T. and operations. The new portfolio featured 5G capabilities. With this, the company catered to the needs of organizations running edge servers to achieve efficiency and improve customer experience

The company has a presence across the Americas, Europe, Asia-Pacific, Middle East, and Africa. The company also has various subsidiaries, including Airespace Wireless Networks Private Limited (India), Aironet Canada Inc. (Canada), Cisco International Limited (U.K.), Cisco ISH B.V. (Netherlands), Cisco Linksys Kiss ApS (Denmark), among others

Siemens

Siemens, founded in the year 1847, is headquartered in Munich, Germany. The company mainly provides efficient technologies to industry, infrastructure, mobility, and healthcare. The company operates its business via several business segments, including digital industries, smart infrastructure, mobility, Siemens healthcare, in which the digital industries segment is the market-focused segment. The company has several product and service categories, including building technology, drive technology, energy, financing, healthcare, industrial automation, mobility, services, software, consumer products, in which industrial automation is the market-focused category.

For instance,

  • In November 2018, Siemens announced the launch of Simatic RF185C, RF186C, and RF188C. These new products extended the portfolio of Simatic Ident communication modules. The products allow two or four readers to be connected and operated via Ethernet/Profinet. It resulted in a 20% increase in the data throughput using the new devices. The new devices were able to support OPC UA (unified architecture) as an IoT interface. This enabled vendor-independent communications with the automation and a standardized connection to cloud applications through an industrial IoT gateway

The company has wide presence Americas, Asia-Pacific, Middle East, and Africa, and Europe. The company also has various subsidiaries, including Siemens Healthineers (Germany), Siemens Mobility (Germany), Mendix (U.S.), Siemens Canada (Canada), Mentor Graphics (U.S.), Fluence (U.S.), Siemens Advanta Consulting (Germany), Audio Service GmbH (Germany), Siemens Schweiz AG (Switzerland), Siemens Ltd. (Australia), Siemens Logistics (Germany), Loher GmbH (Germany) among others.

Huawei Technologies Co., Ltd.

Huawei Technologies Co., Ltd., founded in the year 1987, is headquartered in Shenzen, China. The company is engaged in manufacturing hardware and software solutions of the data center for the consumer. The company has product categories which include enterprise networking, enterprise optical transmission and access, data storage, digital power, servers - Huawei computing, enterprise wireless, intelligent video and data analytics, intelligent collaboration, campus solution, data center, industry enablement, digital services, and management system in which enterprise networking is the market-focused category.

For instance,

  • In April 2019, Huawei Technologies Co., Ltd. launched New Data Center Ethernet Switch. The product improved computing power limitations caused by packet loss in traditional ethernet due to switches. This product launch helped the company to strengthen its ethernet switch portfolio

The company has a presence across Asia-Pacific, Europe, Middle East, and Africa, and the Americas.