London, 01 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Global Ethernet Test Equipment Market 2015-2019, which is expected to grow rapidly during the period 2014-2019 at a CAGR of 39.46 percent.
With the increasing use of Ethernet devices in next-generation mobile networks and data centers, it is expected that the demand for Ethernet devices is expected to increase during the forecast period, which will eventually increase the demand for Ethernet test equipment.
“Most Ethernet test equipment devices available in the market have practically the same capabilities, except for certain advanced add-on features; therefore, the competition is stiff among vendors that provide these add-on features,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- Need to Reduce Capital and Operational Expenses
- Multiple Deployments
- Increased Demand for Faster Internet Connectivity
Key Market Trends
- Introduction of Cost-effective Ethernet Devices
- Increased R&D Expenditure
- Growing Adoption in APAC Region
Key Market Vendors
- EXFO
- Ixia Technologies
- JDS Uniphase
- Spirent Communications plc
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
