Press release
Communications Interface Market 2020 Global Key Players Analysis, Opportunities and Growth Forecast to 2026
A communication interface is a network designed to a specific standard for enabling communication between two machines or devices. Serial ports that involve cables are the most widely used communications interface in today’s world.Rising adoption of Industry 4.0 and increasing demand for enhanced network connectivity are the factors driving the growth of the global communications interface market. Industry 4.0, a smart technology standard, has witnessed wide adoption in the manufacturing/production and related industries to boost the efficiency of operations. The adoption of industry 4.0 requires intelligent networking devices to communicate with each other. These devices are equipped with various communications interfaces to enable easy and continued communication, these benefits propel the demand for communications interface modules during the forecast period. The Cisco OptoStar II by Cisco Systems, Inc. is an intelligent communications interface module used for communication between each module and the bus of the network management system, and as an alarm for system failure. The module uses a standard 19-in OptoStar II chassis, which can hold both intelligent communications interface modules and other OptoStar II modules.
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Regional Analysis
The geographic analysis of the global communications interface market has been conducted for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the rest of Asia-Pacific), Middle East & Africa (Saudi Arabia, UAE, South Africa, and the rest of the Middle East & Africa), and South America (Brazil, Argentina, Colombia, and the rest of South America).
North America is currently dominating the global communications interface market. The US is expected to have the largest market share in the communications interface market in the region, followed by Canada and Mexico. The region has the presence of the majority of key players making the market highly competitive. These key players are focused on developing networking modules for enabling seamless network connectivity, which offers them a competitive advantage in the market. Also, the region has witnessed an increase in demand for wireless communications, thereby boosting the demand for communications interface modules. Europe holds the second position and accounts for a considerable share of the global communications interface market. The growing adoption of Industry 4.0 across the manufacturing sector in the region is driving the market growth.
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