Switches

How will the penetration of 5G technology stimulate Intent-based networking (IBN) market outlook?

Posted on

​The increasing demand for commercialization of the next-generation 5G technology will propel Intent-based networking (IBN) market size. Given the extreme data speeds of the 5G technology, the commercialization will enable the service providers to launch several customized virtual private networks (VPNs) targeted toward specific applications and customers.

Additionally, intent-based networking technology allows the enterprises to have software defined control over many aspects of the network including the segmentation, content filtering, Quality of Service (QoS) and malware detection. This AI-based smart technology also allows enterprises to automate the configuration of these network devices according to the changing business objectives.

How will networking hardware segment perform during the forecast period?

Networking hardware segment is expected to grow at a CAGR of over 30% during the forecast timeframe . Networking solution providers foresee expansion of their support for 5G technology owing to the increase in data-centric applications. This will create immense demand for networking components such as routers and switches. Rapidly changing business requirements in accordance with technology change is slated to drive IBN market share from networking hardware segment.

Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2758

How will the cloud computing trend influence cloud deployment-based IBN market outlook?

The cloud deployment model is anticipated to achieve a steady growth rate of more than 32% over 2019-2025. The growth is mainly attributed to the growing adoption of cloud computing services across the enterprises. Network solution providers have been looking forward to developing cloud data center supporting IBN solutions that will accelerate the demand for cloud deployment model over the years ahead.

How will digitalization across SMEs impact APAC intent-based networking market forecast?

Enterprises across APAC region have been increasingly deploying NFV technologies to support rapid deployment of services and applications. The APAC intent-based networking market is projected to record a CAGR of more than 31% over 2019-2025, owing to the increasing digitalization across small and medium scale enterprises (SMEs). Growing deployment of virtual network across the region will further augment the product demand over the estimated timeframe.

Author Name : Amol Kothekar

3 vital trends impacting industrial communication market size

Posted on

The global industrial communication market has thrived successfully in the recent decade as growing adoption of these components in Industry 4.0 has effectively helped increased productivity in major industries. Labor reduction, waste reduction, repeatability, enhanced quality control, and integration with existing business systems have given companies an added advantage by lowering long-term costs, which could indirectly increase product output and revenue.

U.S. Industrial Communication Market Revenue, By Component, 2018 & 2025, (USD Million)
U.S. Industrial Communication Market Revenue, By Component, 2018 & 2025, (USD Million)

 

An industrial communication network is the backbone for any automation system architecture as it can offer powerful means of data exchange, controllability and flexibility to connect to various devices. The use of digital communication networks in industries can also lead to improved end-to-end digital signal accuracy and integrity.

Communication networks like LAN (Local Area Network) or WAN (Wide Area Network) can communicate large amounts of data via limited number of channels. Whereas industrial networking enable implementing various communication protocols between field devices, digital controllers and several automation related software tools and external systems. Therefore modern industries have demonstrated increased adoption of industrial communication networks over traditional LAN and WAN. This has led to industrial communication market size depicting a substantial increase lately.

For instance, according to renowned automation conglomerate ABB, and one of the notable players in industrial communication market, the firm’s revenue increased by 5% to $7,395 million in 2018. This has been credited to the strong growth in robotics & motion, robust performance achieved from electrification products and a steady result owing to industrial automation.

Some of the trends that industrial communication market is being defined by are mentioned below:

  • Long-term application of industrial communication in the industrial automation sector

Growing demand for increased data processing speed will foster industrial communication market size in the automation sector. As industrial operations are becoming more complex and variable, the market has registered immense growth over recent years. Indeed, a greater number of network-based programmable controllers and mechanisms are required within modern industries to attain faster decisions and increased productivity and efficiency.

With network-based automation, companies can also attain increased saving in work force, energy, raw material, better control on product quality and enhanced plant availability and operational safety. In fact, the technology can help in raising the levels of process control & continuity with improved efficiency, eventually bringing potential production figures to the nominal plant capacity by cutting downtime, corrective maintenance and the lack of raw material supply to minimum.

With efficient real-time communication system like PROFIBUS-DP or PA, Fieldbus and more, distributed peripherals such as Input/output (I/O) modules, transducers, drives, valves and operational panels can also communicate with automation systems more accurately.

Thus, with the advent of the automated systems that are based on advanced industrial communication and technology, the automation sector will attain enhanced benefits in terms of maintenance, and increase plant productivity, further augmenting industrial communication market size.

Get a Sample Copy of this Report:https://www.gminsights.com/request-sample/detail/3367

  • S. to emerge as a pivotal revenue pocket for industrial communication market in the forthcoming years

Being a major producer of automation equipment, U.S. is anticipated to drive massive growth in industrial communication market. Citing International Trade Association (ITA) reports, the country is the leading producer of hardware components that are used in automated systems as well as a major supplier to manufacturing or production industries across the globe.

In fact, in 2015, U.S. exported nearly $10.5 billion worth of automation equipment to foreign markets, claims ITA. Sources suggest that supportive government policies and the presence of global automation players like General Electric, Honeywell, Rockwell, Emerson Electric and more will pave the way for industrialization in the region. Additionally, the increasing adoption of Industry 4.0 will boost the demand for the industrial communication technologies in the coming years, successfully proliferating U.S. industrial communication industry size.

  • Wireless communication technologies to enhance industrial operations

Advancements in wireless communication along with growing adoption of advanced tech-based devices will drive the industrial communication industry. The key advantage of wireless systems is that they can be installed in remote locations in an efficient and cost-effective manner. As battery-powered transmitters don’t require wired infrastructure or power supply, they can be installed across areas that are far away from power wiring and wired fieldbus.

They can also be installed in sites where setting up power and cabling systems would be dangerous or too expensive. This flexibility allows use of wireless in both Greenfield projects and ongoing Brownfield projects.

Owing to the low-power nature of Wireless HART devices, users can also operate such equipment for several years without replacing the battery. Moreover, engineering, procurement, and construction contractors and plant owners can increasingly shift to wireless communication technology as it is beneficial in terms of reducing physical fixed infrastructure, managing schedule risk and cost escalation, and reducing space requirements and weight.

According to reports, adopting wireless solutions have reduced commissioning time by 50% for some contractors. The technology further helped in streamlining the design and engineering process, maintaining project schedule and improving user’s ability to manage change on their project. The prominence of this technology is rather overt from the estimate that wireless charging market size is slated to cross $14 billion by 2024.

Moreover, with industry-leading process plants installing wireless infrastructure, industrial communication market size from the wireless communication protocol is estimated to grow at a CAGR of over 22% over 2019-2025.

In a nutshell, it would not be incorrect to quote that industrial communication industry is likely to come up as a highly profitable vertical of the overall electronics cosmos. As per estimates, global industrial communication market size is anticipated to exceed USD 160 billion by 2025.

Author Name :Mateen Dalal

APAC enterprise networking market to register the fastest CAGR over 2018-2024, escalating switch sales to characterize the industry landscape

Posted on

The rapidly growing demand for connected devices across the globe is one of the pivotal factors driving enterprise networking market, given that these devices help facilitate real-time communication. In an effort to cope with and overcome the rapidly rising bandwidth bottleneck & network traffic issues, organizations worldwide are embracing network management solutions that keep the traffic flowing while also ensuring network security. The exponential surge in the number of IoT-enabled devices has drastically increased security risks, on the grounds of which organizations are rolling out enterprise network security solutions to obtain visibility of endpoints and unsecured applications & devices.

Europe Enterprise Networking Market Size, By Product, 2017 & 2024 (USD Million)
Europe Enterprise Networking Market Size, By Product, 2017 & 2024 (USD Million)

According to a 2018 Enterprise Networking Trends report by Cisco, the company in 2017 had redefined networking with the launch of the first intent-based networking system in the world. The company anticipates that going further, intent-based networking would be the future of networking and would also be responsible for fundamentally changing the way companies think about networks & empowering IT and help the firms with disruptions caused by IoT & cloud.

Enterprise networking market trends are also expected to witness a transformation on account of changing customer preferences toward converged network architecture as well as the network virtualization technology to strengthen the network functions. Shifting user inclination has further enabled organizations to enhance network efficiency at reduced operational costs, which would provide renewed growth prospects for enterprise networking market.

Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2978

Unveiling Asia Pacific enterprise networking market trends:

APAC enterprise networking market is primarily driven by the large-scale adoption of cloud-based infrastructure in the region as the organizations are actively transferring their workloads onto the public cloud. According to a report by the not-for-profit organization, Cloud Security Alliance (CSA), in APAC, Japan, South Korea, Singapore & China are some of the primary nations that have witnessed the highest cloud adoption rate in 2017. The rising prominence of the cloud computing environment has further enabled network architectures that are disparate in nature to contribute to the increasing operational burden. These circumstances have led to a significant rise in demand for virtualization technology which makes the computing environment more agile, effectively addressing the growing network demands.

According to a research report by IT security company, Barracuda Networks, approximately a third of enterprises in the APAC region have already rolled out SD-WAN on a majority of their sites, while more than 55% organizations in the region are in the process of adopting SD-WAN. Propelled by the robust deployment of advanced networking solutions, APAC enterprise networking market is expected to depict the fastest growth rate of 8% over 2018-2024.

Analyzing enterprise networking market trends in terms of switch sales:

In an effort to keep up with the rising need for organizations to facilitate secure & real-time communications while effectively managing network traffic & bandwidth bottleneck issues, enterprises heavily rely upon high-speed ethernet switches. Switching is a crucial networking technology that is used across several organizations’ premises to construct their local area networks (LANs) and also across vast distances to facilitate wide area networks (WANs) making switches one of the most widely used networking equipment across the world. According to a 2017 annual report by Cisco Systems, the company witnessed a 5% increase in revenue (approximately $452 million) from the sales of LAN fixed-configuration switches. The increase in the revenue was primarily due to the boost in sales of the company’s Nexus & Catalyst series of switches.

According to a 2017 report by Forbes, in 2016 Cisco System’s network switches division was responsible for approximately 40% of the product sales, representing more than 30% of the company’s net revenue. Switches, having accounted for more than 25% of the enterprise networking market share in 2017, are expected to continue adding momentum to the industry growth, given the surging demand for high-speed data services that has fueled the adoption of network switching technology.

Attributing to the increasing network capacity needs across several global enterprises, the growth graph of enterprise networking market is projected to witness an exponential incline in the years ahead. According to Global Market Insights Inc., enterprise networking market size is expected to be pegged at a mammoth $90 billion by 2024.

Author NameAkshay Kedari

Network function virtualization market to register a staggering CAGR of 42% over 2018-2024, large scale deployment of NFV technology across IT and telecom sector to drive global industry progression

Posted on

Bringing about a disruptive change in the way present-day digital networks are being built, operated, and managed, the network function virtualization (NFV) market has established itself as one of the most profitable niche verticals of the sustainable and smart industry. Owing to a substantial increase in the demand for robust data management systems across various business sectors, the deployment rate of NFV technology has witnessed a massive jump over the past few years. Especially, the rising number of collaborations between IT giants and renowned cloud service providers has consequentially boosted the growth prospects of NFV industry. For instance, the recently formed partnership between Indian IT major Tech Mahindra and cloud computing behemoth VMware is a testament to the growing prominence of NFV technology in connecting virtual machines and physical interfaces.

Europe Network Function Virtualization (NFV) Market Share, By Application, 2017
Europe Network Function Virtualization (NFV) Market Share, By Application, 2017

Elaborating further, both the firms are likely to integrate VMware’s OpenStack ready NFV platform with digital transformation expertise of Tech Mahindra to assist global communication service providers in accessing new market opportunities, accelerating new service delivery, and enhancing the overall business economics. Moreover, the solutions provided by both the companies would be based on distributed micro data center architecture that will certainly lower the expenses related to network infrastructure. Apparently, the formation of such robust partnerships would optimistically impact the NFV market share in the years ahead.

Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2768

At a time when the global IT and telecommunication sector has been recording unprecedented growth owing to a major shift toward automation, next-generation technology solutions such as NFV have garnered immense significance. With the help of a robust virtualized network architecture in conjunction with NFV technology, the telecommunications companies can now launch new services in a couple of months. Moreover, the deployment of NFV enables telecom network operators to significantly reduce power consumption through consolidating equipment, lower the maturation cycle, improve the flexibility of network service provisioning, and enhance operational efficiency. As a consequence of all these advantages, the IT and telecommunication sector has emerged as the major contributor toward NFV industry share expansion in the recent times. In fact, as per a research report compiled by Global Market Insights, Inc., the IT and telecommunication segment held over 32 percent of the revenue share of the overall NFV market in the year 2017.

In this regard, developing economies along the likes of India and China have emerged as the fastest growing terrains for the telecom industry in the last decade. This has, in turn, benefited the NFV market players operating in these nations as the deployment of NFV technology in the telecommunication sector has been on the rise. Testimony to the aforementioned statements is the recently organized SDN & NFV India Congress 2017 which aimed at deliberating on the opportunities and the evolving role of NFV technology on 5G networks in the context of India’s telecom industry. Held for the first time in India, the Congress has been supported by tech giants such as IBM, Juniper Networks, Ericsson, Huawei, UT Starcom, ADVA Optical Networking, and Nokia. Needless to mention, the outcomes of such proactive initiatives would aid the IT and telecom sector to retain the top spot across the application spectrum of NFV industry in the upcoming years.

Meanwhile, it would be prudent to mention that the seamless deployment of NFV technology has been facing certain challenges which includes ensuring compatibility with legacy platforms, interoperability, performance trade-off, and simplicity which might prove to be roadblocks in rapid product penetration. However, the applications of NFV technology would undoubtedly drive various business verticals toward the next phase of network evolution and would prepare an ecosystem where the advantages of 5G connectivity would be leveraged in a highly efficient and agile manner. Driven by an escalating demand for server consolidation and data center virtualization, the remuneration portfolio of the global NFV market is projected to surpass USD 70 billion by 2024.

Author NameSaif Ali Bepari

2 major application-oriented trends driving industrial ethernet market outlook

Posted on Updated on

A highly pivotal space of the smart technology vertical, industrial ethernet market has garnered commendable acclaim in the last few years. Industrial ethernet protocols are known to establish a flexible, scalable, and ubiquitous network that conveniently connects components as and when required.

Canada Industrial Ethernet Market Revenue, By Service, 2018 & 2025 (USD Billion)
Canada Industrial Ethernet Market Revenue, By Service, 2018 & 2025 (USD Billion)

The demand for this software is exponentially high among myriad end-use sectors on account of the rising expenditure on infrastructure and the increasing requirement to enhance performance and network flexibility. Indeed, companies have even been upgrading their already existing Ethernet protocols for performance improvisation, strengthening their stance in industrial ethernet industry.

Citing an instance of the aforementioned statement, recently, The CLPA declared that Renesas Electronics plans to incorporate a gigabit physical layer in its R-IN32M4-CL2 IE communication system-on-chip, through which R-IN32M4-CL2 will now be able to support the CC-Link IE network connectivity with reduced external components. In addition, it would be able to automation system developers embed the CC-Link IE into variable speed drives, PLCs, robots, and motion controllers.

How has IoT proliferation helped increase industrial ethernet industry size?

Industrial Ethernet market has essentially risen to prominence due to the extensive integration of IoT in numerous fields. Technically, industrial ethernet is an improvement over the traditional ethernet in terms of the use of rugged cables and connectors and better determinism. Enhanced determinism in fact, is one of the major factors that is expected to drive industrial ethernet market as industrial environments have a key requirement for determinism.

Packets of data have to be delivered and received with precision every time, while data delay may end up in disasters – may be an unacceptable flaw in production process. Certain protocols of industrial Ethernet such as EtherNEt/IP, PROFINET, TCP/IP have been deployed for achieving better determinism, thus impelling industrial ethernet market growth.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2437

Rising prominence of smart automobiles to drive industrial ethernet market size

The emergence of the industrial Internet of Things has opened new growth avenues for the expansion of industrial communication market, as IoT will increasingly utilize the higher bandwidth and real time capabilities provided by industrial ethernet. IoT is being majorly deployed in the automobile industry to produce smarter cars in the future – quite overtly, the automotive sector will come to emerge as a prime growth avenue for industrial ethernet market.

Smart automobiles, besides having more streamlined on-board functionality, are expected to have futuristic features like traffic light recognition system, lane departure warning system and advanced driver assistance system. Automobile based industrial ethernet market is expected to grow due to the reliability and versatility of industrial ethernet which will in turn gravitate automobile manufacturers. Experts assume that the cars of the future will be equipped with 60 to 100 Ethernet nodes.

Surging demand for efficient wind turbines to fuel industrial ethernet market outlook

Besides the automobile industry, the energy industry has also largely adopted the use of industrial Ethernet to establish reliable, cost effective and fast communications systems. The wind power generation industry can be considered as an instance if the growth of the industrial ethernet market is to be evaluated through the energy industry.

Communication equipment used in wind power generation operations is required to be hardy and able to withstand fluctuating temperatures. Wind turbines house a complex control and automation system that must communicated with other wind turbine systems to achieve a viable alternative source to traditional energy. Industrial ethernet facilitates this flawless communication thus forging growth avenues for the industrial ethernet market with the rising prominence of wind power industry.

As the demand for Ethernet in the energy sector depicts a rise, the consumption graph of other lucrative business spheres such as power over ethernet (PoE) solutions market is also expected to show an incline, which inevitably will impact industrial ethernet industry size.

The competitive spectrum of industrial ethernet industry comprises a host of biggies such as Honeywell, Cisco, ABB, Siemens, Schneider, and the like. These companies have been striving to enhance the scope of industrial ethernet market via tried-and-tested growth tactics such as establishing partnerships with automation solution vendors. As the demand for automated and smart solutions increases, industrial ethernet market is expected to chart out a highly lucrative growth map over 2019-2025.

Author Name : Paroma Bhattacharya

Window Automation market to exhibit highest growth via residential applications over 2016-2024, surging demand for hybrid products to boost the industry share

Posted on Updated on

The deployment of modern construction technologies for a luxurious, healthy lifestyle has been rapidly pushing window automation market trends in the last few years. Tech advancements such as augmented reality and IoT are proliferating the construction domain at a robust pace, creating new opportunities for window automation industry players. The incorporation of intelligent control systems in newly installed windows has today proved to be one of the most advantageous technological additions across residential as well as industrial sectors. Pertaining to their sustainability and lesser energy consumption capability, the demand for automated windows has only been escalating lately.

UK window automation market size, by application, 2017 & 2024 (USD Million)
UK window automation market size, by application, 2017 & 2024 (USD Million)

Ever since the advent of the smart era, smart homes and smart cities have become somewhat of a universal trend, prompting regional government bodies to come up with a supportive regulatory framework as well as suitable initiatives to aid the implementation of smart cities. In consequence, this would push the demand for automated components such as doors and windows. One of the primary factors behind the incorporation of these systems however, is the fact that they help reduce excessive energy consumption. Across Western Europe for instance, 40% of the overall energy consumption is for buildings. Being essentially fuel-based, this proportion leads to severe CO2 emissions, escalating the demand for automated windows and doors, given that they help lower these emissions. The deployment of automated windows for optimized energy usage and reduction of carbon emissions will thus impel window automation market share.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1356

One of pivotal challenges construction behemoths are facing today is the onslaught of fresh air in the living space. This fundamentally involves combating with environmental conditions such as indoor temperature, wind, rain, snow, and carbon dioxide levels, leading to the necessity of advanced sensing systems to be integrated in windows. In recent times, these systems are being developed with highly advanced sensing technologies that are far more efficient and reliable than their predecessors. In order to make these windows smarter than before and ensure that they react appropriately to the occurrence of natural calamities, temperature sensors, and motion sensors are also being incorporated during construction. Driven by the increasing use of innovative sensing solutions, sensors & detectors based window automation industry size is expected to be pegged at USD 950 million by the end of 2024.

The growing popularity of automated windows among the masses has considerably encouraged window automation industry contenders to come-up with innovative solutions. Recently for example, one of the leading window and door manufacturers, Kolbe Windows & Doors showcased its highly innovative portfolio encompassing inswing doors and awnings with automated activation, sliding patio doors, and numerous modern, upgraded window designs at the NAHB IBS (National Association of Home Builders International Builders’ Show). Having successfully integrated modern technologies into its existing window and door product ranges, Kolbe has set a benchmark for other giants in window automation market.

The use of advanced systems for ensuring building and occupant safety is now becoming mandatory, considering the occurrence of life-threatening hazards. Across numerous geographies, governing authorities have mandated the installation of smoke ventilation solutions for operating windows automatically in case of an accidental fire. The increasing deployment of building safety regulations will thus emerge as another contributing factor toward window automation market growth.

Of late, escalating living standards and the increasing need for building safety have generated considerable opportunities for window automation industry contenders. With evolving developments in smart technology, the demand for next-generation components such as motion sensors and IoT based control panels will observe an appreciable upsurge, drastically transforming window automation market outlook. Taking into account the ease of functionality of these systems, governments bodies have also been encouraging residential building developers to deploy automated windows in their projects. In essence, powered by a supportive regulatory framework and a strong technologically-aligned industry background, window automation market size has been forecast to register a CAGR of 6% over 2018-2024.

Author Name :Sunil Hebbalkar

Growing demand for internet enabled devices is estimated to fuel router and switch market demand

Posted on Updated on

Global Market Insights Inc. announces a new study based report on router and switch market. The market size is estimated to be worth USD 41.02 billion by 2022. The report is a professional and detailed qualitative market research on the current scenario of the key regional markets. It also features a comprehensive discussion about the market trends, aspects like drivers, restraints, opportunities, challenges that impact SP switching and routing device market. The boom in adoption to cloud computing solutions is likely to propel the Router and switch segment.

View a summary of the “Router And Switch Market Size, Industry Analysis Report” @ https://www.gminsights.com/industry-analysis/router-and-switch-market-size

The report covers the SP switching and routing device basics including its applications, definitions,  manufacturing methods, classifications, cost structures, and product specifications, etc. Furthermore, it offers analysis of the market conditions in the top global regions including the market growth rate, product price, profit, etc.

Router And Switch Market Size

Key products include multiservice edge, Internet exchange, ATM switch and Ethernet service edge etc. Internet exchange router is likely to show a substantial growth and surpass USD 16 billion during the projected period. Service provider core router is expected to witness growth at a CAGR of over 2.5% in next few years owing to multiple system offerings including less power consumption, high efficiency, optimized rack space usage for improved bandwidth capacity etc. Ethernet service edge router market is forecast to hit USD 12.63 billion from 2015 to 2022. BYOD market growth is likely to impel demand with its numerous advantages including better productivity and reduced costs. BRAS (Broadband Access Aggregation) is likely to see a substantial growth owing to high demand for high speed services.

Mobile data traffic explosion is expected over the projected time frame attributed to rising smartphone usage, proliferation of wireless devices, 3G/4G and LTE networks globally.

Get a Free Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/174

North America router and switch industry is expected to be worth USD 15.5 billion at a growing CAGR of 2% during the forecast timeframe. The surge is attributed to noticeable growth in backhaul investments in the region. Asia Pacific, China in particular is projected to witness a substantial growth due to increasing demand for high-definition content and multi-screen delivery.

Key market participants are profiled in the report with comprehensive analysis of business strategies, products and services, current trends and finance metrics. Cisco Systems, Juniper Networks, Alcatel-Lucent, ZTE Corporation and Huawei Technologies are some of the major players in the router and switch market.

Author NameDhananjay Punekar