The Ethernet Test Equipment
is a device for handing network related issues such as network performance testing, network monitoring, packet capture, traffic pressure detection, cable testing, and bit error testing and so on. It is widely used in network equipment manufacturers, service providers, Enterprise, Government and Utilities.
According to the report, global revenue for Ethernet Test Equipment was valued at US$ 422.68 million in 2018, and is expected to generate revenue of US$ 2447.03 million by end of 2027, growing at a CAGR of slightly above 21.82% between 2019 and 2027.
Of the major players of Ethernet Test Equipment, Spirent Communications maintained its first place in the ranking in 2018. Spirent Communications accounted for 28.68% of the Global Ethernet Test Equipment sales volume market share in 2018. Other players accounted for 19.48%, 7.11%, including Keysight Technologies (ixia) and Anritsu.
In this study, the consumption of Ethernet Test Equipment divided into five geographic regions: In North America, total Ethernet Test Equipment accounted for 41.67%. North America led the market in 2018. The region is expected to dominate the market through 2027. However, there will be a decrease in its market share. In Europe, total Ethernet Test Equipment accounted for 18.72%. The market in Asia-Pacific accounted for 33.34%, In South America 2.68%, and in Middle East & Africa 3.59%.
According to study, there are four mainly types of Ethernet Test Equipment. The 10Gbe segment held the largest market share in 2018, accounting for nearly 52% of the market. This product segment is expected to dominate the global market throughout the forecast period. The rising demand for high-speed Ethernet is a key factor that is driving Ethernet test equipment market. The demand for high-speed Ethernet is growing owing to its adoption in various applications. Moreover, end-users such as cloud service and telecommunication providers and distributed businesses expect high-speed Ethernet because it helps in smooth network flow. The adoption of high-speed Ethernet would also lead to an increase in demand for holistic testing to realize its full potential.
In the applications segment, the enterprise segment was estimated to account for the highest sales volume share of 49.61%, in 2018 and is expected to gain significant market share by the end of 2027.