Global Metro Ethernet Market Size, Top Players and Segment

 

The Global Metro Ethernet Market was valued at USD 39.94 Billion in 2021, and it is expected to reach a value of USD 87.57 Billion by 2028, at a CAGR of 11.87% over the forecast period (2022 - 2028).

Metro Ethernet is an Ethernet transport network that delivers point-to-point and multipoint connectivity services over a metropolitan area network (MAN). Ethernet began as a local area network (LAN) technology and evolved into a replacement for low-speed wide-area network (WAN) technologies. Ethernet services are popular among business, residential, and mobile subscribers because of their cost-effectiveness, versatility, and simplicity.

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Top Player's Company Profiles

  • Ericsson (Sweden)
  • Huawei (China)
  • Mellanox Technologies (US)
  • Moxa (US)
  • NEC (Japan)
  • NETGEAR (US)

Recent Developments

  • In May 2022, African Infrastructure Investment Managers completed an acquisition of MetroFibre Networx (MetroFibre), following approval from the Independent Communications Authority of South Africa.
  • In April 2022, Synopsys and Juniper Networks launched OpenLight, a new firm that will allow third parties to create products with integrated on-chip lasers using Tower Semiconductor's manufacturing capabilities.

Global Metro Ethernet Key Market Trends

  • Metro networks must be designed to handle increased data traffic needs resulting from the high-definition video content, necessitating the need for enhanced services around the world. A significant increase in demand for cloud-based applications, as well as the growth of metro networks from 1 GbE to 100 GbE ports and connections in both the residential and corporate sectors, are boosting demand for metro ethernet market.
  • The growing demand for high-quality, scalable, dependable, and cost-effective connection alternatives, particularly in the retail enterprise sector, is driving the demand for metro ethernet. Furthermore, the rising use of cloud-based apps, video applications such as video conferencing and video streaming, and other data-intensive services are driving up demand for high bandwidth requirements among businesses, improving the metro ethernet market’s growth prospects.

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SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

 

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