Ethernet cards are network interface cards that are widely used for data transmission and connectivity in computer networks. They are used across various industries like IT & Telecommunication, manufacturing, BFSI, healthcare, and others to provide internet connectivity for file sharing, printing and virtual LAN connectivity. The increasing automation in manufacturing facilities, digitization of industrial processes and adoption of Industry 4.0 concept is driving the demand for ethernet cards across industries.
The global Ethernet Card Market is estimated to be valued at US$ 7.2 Bn in 2024 and is expected to exhibit a CAGR Of 13% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing use of ethernet cards across industrial automation applications and digitization of manufacturing processes are primarily driving the ethernet card market growth. Many industries are increasingly adopting Industry 4.0 and integrating IoT, robotics, AI and other digital technologies into their manufacturing operations to enhance productivity and efficiency. This rising industrial digital transformation trend is creating strong demand for more robust and reliable data connectivity within industrial plants and facilities. Ethernet cards are able to provide high-speed networking, seamless connectivity and real-time data transmission which is crucial for industrial automation. The ethernet cards market is expected to witness significant opportunities over the forecast period led by further investments in industrial automation and continued digitalization of enterprises globally.
Segment Analysis
The global Ethernet Card market is dominated by the commercial Ethernet Card segment which accounted for nearly 60% share in 2021. Commercial Ethernet cards are extensively used for networking applications in various industries such as telecom, IT and data centers. They offer superior features such as higher bandwidth, advanced security and compatibility with existing network infrastructure which has resulted in their widespread adoption across commercial establishments.
Key Takeaways
The Global Ethernet Card Market Demand is expected to witness high growth during the forecast period of 2024-2031. Growing infrastructure development and digital transformation initiatives across industries are major factors driving the demand for advanced networking solutions.
Regional analysis:
Asia Pacific region currently dominates the global Ethernet Card market with over 35% share and is expected to witness the fastest growth during the forecast period. Significant investments by governments and private sector in networking infrastructure development projects in countries such as China, India are promoting the adoption of Ethernet cards. Growing digitalization of industries coupled with expansion of IT infrastructure in Asia Pacific countries provides growth opportunities for market players.
Key players operating in the Ethernet Card market are Gilead Sciences, Inc, Bristol Myers Squibb, F. Hoffmann-La Roche Ltd, Cipla Limited, Novo Nordisk A/S,SFresenius SE & Co. KGaA (Fresenius Kabi), anofi,Aurobindo Pharmaceuticals, Merck & Co., Inc,Takeda Pharmaceutical Company Limited, Zydus Group,Vetter Pharma,Johnson & Johnson Services, Inc.
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Welcome to Techohalic, In This Article you are going to learn about How to change Mac Address.
When it comes to networking, then most of us probably heard of MAC addresses.
What is it used for?
What is the MAC address?MAC address stands for Media Access Control address.
It is a unique, physical, and permanent address that is assigned to network interface devices by their manufacturers.
So, whether it is your wireless card or ethernet card, each one of these comes with a permanent, physical and unique address, known as Mac address.
