June 04, 2021
According to the business intelligence report titled ‘Global Ethernet Adapter Market - Analysis By Type (Internal, External), Bandwidth Type, Application, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report, global ethernet adapter market size was valued USD 2575.71 million in 2020 and is anticipated to expand at an appreciable growth rate during 2021-2026.
As per the report findings, global ethernet adapter market is largely driven by proliferating number of data centers, growing adoption of 5G and IoT technologies, and surging product demand in enterprises. Further, increasing internet accessibility and escalating demand for high-speed internet are adding considerable traction to the market progression.
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Global ethernet adapter market, based on type, is split into external and internal, among which, the latter segment accounts for a larger share. This can be ascribed to the in-built availability of internal cards in computing systems. Meanwhile, external adapters are also witnessing an increased demand particularly among high-speed internet users.
Considering the application scope, the industry is fragmented into data center, electronics system, consumer applications, and others. Of these, data center segment captures significant market share and is touted to grow considerably in the forthcoming years. Higher bandwidth requirements in data center and escalating demand for hyper scale data center are fostering the segmental growth.
From a regional perspective, Americas, Europe, and Asia Pacific are the contributors to global ethernet adapter market growth. Speaking of the country-level analysis, the report lays strong emphasis on United States, Canada, Brazil, Germany, France, United Kingdom, South Korea, India, Japan, and China.
Expert analysts cite that Asia Pacific industry is slated to register strong gains during 2021-2026, increasing number of smartphone users, rising internet penetration, and growing demand for new technologies like AI, 5G, IoT and ML.
Speaking of the competitive arena, top contenders in global ethernet adapter market space are Xilinx Inc., Texas Instruments Inc., Realtek Semiconductor Corp., Marvell Technology Inc., Lenovo Group Ltd., Belkin International Inc., Intel Corp., Mellanox Technologies Ltd., Allied Telesis Inc., and Broadcom Inc.