According to a research 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 valuation was USD 2575.1 million in 2020 and is expected to increase substantially during the forecast period.
 

As per the research findings, increased adoption of 5G and IoT technology, accelerated growth in number of data centers as well as surging demand in enterprise levels are boosting worldwide ethernet adapter industry growth.
 

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Moreover, factors such as widespread internet penetration as well as availability of high-speed connections are likely to add substantial traction to market development.
 

Based on type, the industry space is classified into internal and external. Of these, external adapter segment is projected to capture a significant market share due to increasing demand from high speed internet users.
 

Moving on, the application segmentation comprises consumer applications, data centers, electronic systems, and others. Among these, data center segment is poised to emerge as the leading application in global ethernet adapter industry during the forecast period. High demand for ethernet with greater bandwidth and increased proliferation of hyper scale data centers are expected to amplify market scope in the upcoming years.
 

The market is also studied from the perspective of bandwidth type, which is further fragmented into gigabit internet, ethernet, and fast ethernet.
 

On the regional front, Asia-Pacific ethernet adapter market is projected to register a remarkable growth rate during the forecast period. Rising number of smartphone users, increased internet penetration and escalating demand for new technologies like 5G, IoT, ML, AI are expected to fuel regional market growth in the ensuing years.
 

Key contenders in global ethernet adapter market space are Broadcom Corp., Intel Corp., Allied Telesis, Inc., Lenovo (Beijing) Ltd., Belkin International, Inc., Realtek Semiconductor Corp., Xilinx, Inc., Mellanox Technologies Ltd., Texas Instruments Inc., and Marvell Technology, Inc.