TechNavio today launched its report Global Communication Processor Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Telecom team said, ”Since technology is progressing and the communication gap is decreasing not only among people but also among machines, the need to stay connected is increasing. Today, organizations are becoming proactive and need connectivity to obtain real-time and quick information. Also, the demand for accessing enterprise and online resources, remote connectivity, and storage of confidential data is increasing. Several industries and sectors such as Industrial, Medical Electronics, and Automotive are integrating communication systems with their products to stay connected. Secure connectivity is the prime concern for end-users to access confidential and proprietary information. Therefore, communication processors and security solutions with encryption algorithms, protocols, and DPI are required.”
According to the report, the rapid growth in IP traffic across the globe is the major driver that is increasing the demand for wired and wireless networking equipment. During the last five years, data traffic has increased eightfold, and is expected to further increase threefold by 2015. This data traffic is mainly because of the sharing of video and files through the internet, which accounts for half of the data traffic. As a result of the increase in the use of the internet and the number of handheld devices that consume network bandwidth, the demand for networking equipment has increased to process this huge amount of data traffic. Moreover, monitoring network traffic to analyze the pattern is essential for managing resources and network administration.
Further, the report also discusses that upgrades in network technologies is posing a challenge for communication processor manufacturers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/global-communication-processor-market-2…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Telecom, please visit https://www.technavio.com/telecom
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