Covid-19 Impact on Carrier Ethernet Access Devices Market is Expected to Grow at an Impressive CAGR by 2026

February 08, 2022

The report on the Carrier Ethernet Access Devices Market is segmented By Type (Electrical Devices, Optical Device), Application (Social Networking, Cloud-based Applications, Video-based Services, Private Cloud Infrastructure), and Region - COVID-19 Impact Analysis and Forecast to 2026. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2022-2026.

 

Market Insights

The Carrier Ethernet Access Devices market is projected to grow from USD 16.3 billion in 2020 to USD 18.6 billion by 2026 at a CAGR of around 2.2% during the forecast period.

 

Key players

Some of the major players operating in the global Carrier Ethernet Access Devices Market are-

• Brocade Communications Systems (US)

• Cisco Systems, Inc. (US)

• ALE International SAS (US)

• Arista Networks (US)

• Aerohive Networks (US)

• Allied Telesis (Japan)

• Advantech B+B SmartWorx Inc. (Taiwan)

• Ericsson (Sweden)

• Huawei (China)

• Telco Systems (US)

• Oracle (US)

• PLANET Technology Corporation (Taiwan)

• Mellanox Technologies Ltd. (US)

• Siemens AG (Germany).

Report Features

The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features –

• Market structure - as it reflects the value chain of different commodities in the market.

• Drivers and Constraints - as both can affect any element of the marketing mix -- product, budget, and place, etc.

• Market Forecast - a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.

• Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand's strategy.

• Growth strategies - allowing a small business to survive unexpected changes, and to grow into a bigger entity, and gain a greater competitive advantage.

 

Market Dynamics

The report covers maximum factors that affect the Carrier Ethernet Access Devices Market. According to this report,

The growth of the carrier ethernet access devices market is primarily driven by widespread use in applications including social networking, private cloud infrastructure, and video-based services among others. Increasing adoption of advanced technologies such as cloud computing across verticals is likely to drive the growth of the global carrier ethernet access devices market at a significant rate during the review period. The growing use of smartphones is expected to augment the market growth substantially. In addition to this, rising demand for advanced carrier ethernet access devices in developing regions is likely to create lucrative opportunities for the players operating in the global market in the coming years.

Segments' Analysis

Application Trends

By application, the carrier ethernet access devices market has been bifurcated into social networking, cloud-based applications, video-based services, and private cloud infrastructure. Under these, the social networking segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the increasing use of smartphones across geographies.

Regional Trends

By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the high adoption rate of advanced technologies across verticals coupled with the presence of key market players such as Brocade Communications Systems (US) and Cisco Systems, Inc. (US). The market growth in the Asia-Pacific region is expected to be driven by the increasing adoption of advanced technologies and the growing use of smartphones.

 Critical Questions Answered in the Report

 

• What are the key trends in the global Carrier Ethernet Access Devices Market?

• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?

• What is the impact of COVID-19 on global Carrier Ethernet Access Devices Market?

• What are the key strategies adopted by the major vendors to lead in the global Carrier Ethernet Access Devices Market?

• What is the market share of the top vendors?

 

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Author : Chandana Patnaik