London, 19 May 2014: TechNavio, the independent tech-focused global research firm, has published their report on the Global Fiber Channel over Ethernet (FCoE) Market. The market is growing at a CAGR of 37.73 percent from 2013-2018.
An FCoE is a storage protocol that enables fiber channel communications over Ethernet. The use of FCoE consolidates network data transmission and reduces the complexity of data centers. FCoE transmission condenses fiber channel frames into Ethernet frames, which can be easily transmitted across the network. FCoE increases reliability and productivity of a network infrastructure. This technology is mainly used in company networks and data center networks.
Market Drivers
- Need for Higher Bandwidth Support
- Emergence of Advanced Multiprotocol Adapters
- Increased Adoption of Virtualized Computing Environments
Market Trends
- Increased Adoption of FCoE in Cloud Computing
- Evolution of FCoE Storage Networking
- Increasing Convergence of Enterprise Networks
Key Market Vendors Include:
- Brocade Communications Systems Inc.
- Cisco Systems Inc.
- Emulex Corp.
- QLogic Corp.
“We are seeing a rapid evolution in FCoE solutions that enable very fast data communication, which is leading to an increase in demand from companies and cloud computing service providers,” says Faisal Ghaus, Vice President of TechNavio.
“Companies are looking more and more for higher bandwidth support, and FCoE solutions can be scaled at larger bandwidth levels, a feature that is increasing its rate of adoption. Given these positive developments, the Global FCoE market is expected to grow significantly in the future.”
To determine the scenario for these vendors 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.
If you are interested in more information on this topic and our upcoming research on the Global Fiber Channel over Ethernet Market please send an e-mail to media@TechNavio.com.
https://www.technavio.com/%3Cp%3E%C2%A0%3C/p%3E%0A%0A%3Cul%3E%3Cli%3E%3Cs…
