Networking Ports Market - Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2024
The most common networking ports available in the market today are 1G and 10G networking ports. 1G networking ports are basically the first generation ports and are used for transmitting data in telephonic devices, voice traffic and dialup modern traffic services. Therefore, 1G networking ports comprise major market share and find their application mainly in residential and commercial area. 10G networking ports were introduced in market in year 1995. They find their application mainly in internet and mobile traffic services. 10G networking ports are less costly compared to their next generation networking ports. Because of this, 10G networking ports are more preferred in commercial market.
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40G networking ports were introduced in market in year 2005. 40G networking ports find their application mainly in datacenter services, internet cache protocol services, video and broadband services. Currently 40G networking ports are more preferred in datacenter market due to increasing customer high speed data transfer demand. 100G ports are next generation high speed networking ports which are capable of transferring data packets at the rate of 100 gigabits per second. They are recently been introduced in market and are mainly used in cloud computing, mobile broadband service and high resolution internet video viewing services. 100G networking ports are mainly preferred by internet service providers. The improvement in 100G networking port is in developing stages of production. Therefore, the use of 100G networking port will increase in near future as consumer will be switching to avail high speed data transfer services. 100G networking ports can be deployed currently in all 40G networking port systems. However, the switching cost from 40G networking port to 100G networking port is a major concern for internet based service provider today. The main drawback of 100G networking port is that the current price of 100G networking port is approximately 2 times more than 40G networking ports.
The demand for data transfer speed mainly depends upon the needs of computer application being run by the end-user. However, many applications in market currently run on low speed networking ports. Thus, the market share of 10G and 40G networking ports is consistent in the market till now. The growth in each market segment will depend upon which technologies and speeds are accepted by various enterprise and service providers. The demand for 100G and 40G networking ports is increasing in developed economies such as North America and Europe. 40G networking ports is mainly preferred in Asia region due to slow development of information technology infrastructure.
Some of the key companies involved in manufacturing of networking ports are Alcatel-Lucent, Qualcomm Atheros, Cisco Systems Inc., Ciena Corporation, Cyan Inc., ECI Telecom, LM Ericsson, Huawei Technologies, Orckit-Corrigent, Tellabs, Zhone Technologies Inc., Arista Networks Inc., Extreme Networks Inc., Hitachi Ltd, IBM Corporation, and Juniper Networks.
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