Press Release

Nov, 22 2023

Expanding Horizons: Europe's Growing High Bandwidth Ethernet Market Fuels Digital Transformation and Connectivity Advancements

The Europe high bandwidth ethernet market is a dynamic sector focusing on deploying and adopting high-speed ethernet technologies, including 100 GbE, 400 GbE, and beyond. Organizations across various industries are investing in high-bandwidth Ethernet solutions to ensure seamless data transmission and meet the growing data traffic requirements. Companies are investing heavily in upgrading their network infrastructure to efficiently accommodate the increasing data traffic. The market has seen substantial investment and innovation, leading to the development of advanced Ethernet solutions.

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Data Bridge Market Research analyses that the Europe High Bandwidth Ethernet Market is expected to grow at a CAGR of 13.80% during the forecast period of 2023 to 2030 and is expected to reach USD 21,753.78 million by 2030 from USD 8,011.15 million in 2022. The growing adoption of cloud services relies on high bandwidth ethernet for seamless, high-speed data transfer and low latency, ensuring efficient access and interaction with cloud-based applications.

Key Findings of the Study

Europe High Bandwidth Ethernet Market

Secure connectivity is expected to drive the market's growth rate

The growing demand for seamless, secure connectivity has propelled the adoption of high-bandwidth ethernet. Offering dependability and cost-effectiveness, it supports digital transformation initiatives and cloud-centric architectures. Research indicates that 96% of customers prioritize strategic digital transformation projects, emphasizing consistent, secure connectivity. High-bandwidth ethernet ensures uninterrupted network access, paving the way for corporate success and growth, making it a vital asset for businesses in the digital era.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Offering (Hardware, Software, Service), Category (Retail/Enterprise, Wholesale/Access), Virtual Connection (E-Line, E-LAN, E-Tree), Port Speed (100 Mbps, 1 GigE, 10 Mbps, 100 Gbps), Consumer (Small and Medium-Sized Enterprises, Large Enterprises, Individual Consumer), Application (Industrial, Commercial, Residential)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

Market Players Covered

Cisco Systems Inc. (U.S.), Rockwell Automation, Inc. (U.S.), General Electric (U.S.), Schneider Electric (France), Advantech Co., Ltd. (Taiwan), AAEON (Taiwan), SICK AG (Germany), ABB (Switzerland), Honeywell International Inc. (U.S.), Huawei Technologies Co., Ltd (China), OMRON Corporation (Japan), Beckhoff Automation (Germany), HMS Networks (Sweden), Belden Inc. (U.S.), Weidmüller Interface GmbH & Co. KG (Germany), Moxa Inc. (Taiwan), Robert Bosch GmbH  (Germany) among others            

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Segment Analysis:

The Europe high bandwidth ethernet market is segmented on the basis of offering, category, virtual connection, port speed, consumer, and application.

  • On the basis of offering, the Europe high bandwidth ethernet market is segmented into hardware, software, and service.
  • On the basis of category, the Europe high bandwidth ethernet market is segmented into retail/enterprise, and wholesale/access.
  • On the basis of virtual connection, the Europe high bandwidth ethernet market is segmented into e-line, e-lan, and e-tree.
  • On the basis of port speed, the Europe high bandwidth ethernet market is segmented into 100 Mbps, 1 GigE, 10 Mbps, and 100 Gbps.
  • On the basis of consumer, the Europe high bandwidth ethernet market is segmented into small and medium-sized enterprises, large enterprises, and individual consumer.
  • On the basis of application, the Europe high bandwidth ethernet market is segmented into industrial, commercial, and residential.

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe high bandwidth ethernet market players in Europe high bandwidth ethernet market are Cisco Systems Inc. (U.S.), Rockwell Automation, Inc. (U.S.), General Electric (U.S.), Schneider Electric (France), Advantech Co., Ltd. (Taiwan).

Europe High Bandwidth Ethernet Market

Market Developments

  • In April 2021, Cisco extended its partnership with SFR, a French Mobile Communication company, by updating its network infrastructure with Cisco's latest ASR 9000 routers. This upgrade bolstered SFR's capacity to facilitate forthcoming 5G and IoT services while enhancing high-speed broadband connectivity via fiber, 4G, and 5G, strengthening Cisco's role in critical network infrastructure provision.
  • In June 2021, Cisco introduced its Catalyst industrial routers portfolio, enhancing IoT solutions for enterprises by offering edge flexibility, security, and scalability. This empowered organizations to seamlessly manage connected operations at scale, with versatile management options for both IT and operations. The inclusion of 5G capabilities further supported organizations' edge server deployments, fostering efficiency and enhancing customer experiences.
  • In 2021, AAEON unveiled the PICO-APL4, a cost-effective session border controller with onboard storage, memory, and dual Gigabit Ethernet support. Powered by processors such as Celeron N3350 and Intel Atom, it targets IoT gateways and factory automation, bolstering AAEON's high-speed Ethernet appliance offerings.
  • In 2021, Siemens and Nokia announced a strategic collaboration to develop innovative high bandwidth Ethernet solutions. Leveraging Siemens' expertise in industrial automation and Nokia's networking prowess, the partnership aimed to create cutting-edge Ethernet technologies for various sectors. This collaboration was significant in advancing Europe's High Bandwidth Ethernet Market.
  • In 2021, Foresite, a leading player in the Europe high bandwidth ethernet market, unveiled its strategic acquisition of NetConnect, a prominent network solutions provider. This collaboration was aimed at fortifying Foresite's position in delivering cutting-edge Ethernet solutions, further expanding its network infrastructure, and catering to the growing demands of businesses across the region.

Regional Analysis

Geographically, the countries covered in the Europe high bandwidth ethernet market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

As per Data Bridge Market Research analysis:

U.K. is the dominant region in Europe high bandwidth ethernet market during the forecast period 2023 -2030

The U.K. is a leader in the Europe high bandwidth ethernet market due to its extensive commercial industry presence relying on ethernet connectivity. The region's numerous businesses drive the demand, emphasizing the U.K.'s dominance. This heightened usage reflects the country's robust industrial landscape, making it a key hub for high bandwidth ethernet services in Europe.

Germany is estimated to be the fastest growing region in Europe high bandwidth ethernet market the forecast period 2023-2030

Germany is poised to lead the High bandwidth ethernet market due to its robust demand, primarily driven by the automotive sector. The country's automotive industry, known for innovation and automation, relies heavily on high-speed data transmission for manufacturing processes, research, and development. This strong demand for high bandwidth ethernet positions Germany as a dominant player in the market, highlighting its pivotal role in meeting the connectivity needs of a critical industrial sector.

For more detailed information about the Europe high bandwidth ethernet market report, click here – https://www.databridgemarketresearch.com/reports/europe-high-bandwidth-ethernet-market


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