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Research And Markets, an international market research institution, recently released an Ethernet cable report that by 2025, the global Ethernet cable market demand will reach $19.
0918 billion, with a compound annual growth rate of 14.
1%
during 2018-2025.
The key factors driving the growth of the global Ethernet cable market compared to other network technologies include advantages such as high speed, low latency, and guaranteed bandwidth per connected device as well as data reliability and higher security
.
However, high installation costs and limited availability are the major restraining factors
for the market.
Conversely, technological advancements in the field of Ethernet cables to increase internet speeds and rising industry demand for Power over Ethernet (PoE) technology are expected to provide potential growth opportunities
for the market.
In 2017, the global Ethernet cable market demand was about $6,566.
1 million
.
In terms of revenue, the copper segment dominates the global Ethernet cable market
.
Based on application area, industry led the global market in 2017, followed by companies
.
However, the fiber optic cable segment is expected to grow
at the highest CAGR during the forecast period.
Research And Markets, an international market research institution, recently released an Ethernet cable report that by 2025, the global Ethernet cable market demand will reach $19.
0918 billion, with a compound annual growth rate of 14.
1%
during 2018-2025.
The key factors driving the growth of the global Ethernet cable market compared to other network technologies include advantages such as high speed, low latency, and guaranteed bandwidth per connected device as well as data reliability and higher security
.
However, high installation costs and limited availability are the major restraining factors
for the market.
Conversely, technological advancements in the field of Ethernet cables to increase internet speeds and rising industry demand for Power over Ethernet (PoE) technology are expected to provide potential growth opportunities
for the market.
In 2017, the global Ethernet cable market demand was about $6,566.
1 million
.
In terms of revenue, the copper segment dominates the global Ethernet cable market
.
Based on application area, industry led the global market in 2017, followed by companies
.
However, the fiber optic cable segment is expected to grow
at the highest CAGR during the forecast period.
