Global Metro Ethernet Market Size, Top Players ,Segment and forecast 2028



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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Global Metro Ethernet Market Dynamics

Driver

The market is also growing due to the businesses and organizations easily linking their branches and staff into a unified network without the hassle of transferring signals or technology from one location to the next. Other services, such as VoIP (voice over Internet protocol), video over Internet protocol, and other secure data transmission methods, can also drive metro ethernet market growth.

The market's promising growth prospects can be linked to rising demand for on-demand content delivery services; metro ethernet has the extra benefit of being available as a consumer service, making it a perfect choice for on-demand content delivery.

Restraint

Increasing levels of competition amongst telecom providers, as well as strong customer bargaining power, would likely act as a restraint on the metro ethernet market's expansion. Understanding the network's needs, as well as resolving specific requirements and competition among service providers, will be the market's biggest challenge.

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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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