ETHERNET CARD MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Another major driver fuelling growth in the Ethernet card market is the proliferation of IoT applications and edge computing deployments across different verticals. The growing number of connected devices generating and consuming data at the edge is driving the need for robust network infrastructure to support these decentralized computing environments. Edge networking plays a vital role in minimizing latency and improving performance and reliability for bandwidth-intensive and latency-sensitive IoT applications. With many industrial enterprises and manufacturing facilities implementing IoT sensor networks, production line connectivity, and robotics/automation solutions, reliable edge networking using high-performance Ethernet cards is becoming increasingly indispensable.

Areas seeing increased IoT deployments like smart cities, logistics, healthcare, and retail are especially promising markets. For instance, connected infrastructure elements in smart cities will rely on edge computing nodes embedded with multiple Ethernet ports to support a large number of sensors, cameras and networked devices. Logistics facilities are deploying networked robots, conveyor systems, barcode scanners and more to optimize warehouse operations.

According to the International Telecommunications Union, in 2022, the number of individuals using the internet increased by 7.6% between 2020 and 2021, reaching 4.9 billion users globally by January 2022. With more people and devices coming online every day, there is massive opportunity for components like Ethernet cards that build out networking infrastructure.