One of the main challenges facing the Ethernet card market is the rising popularity of wireless technologies that provide network connectivity without wires. As Wi-Fi and mobile networks become faster and more widely available, the need for traditional wired Ethernet connections in devices is decreasing. Additionally, improved CPU performance means on-board networking ports are meeting most needs without the need for add-in Ethernet cards. Upgrading to newer Ethernet standards also requires replacing existing network infrastructure, representing additional costs.
Market Opportunitie Increasing Demand for Ethernet in Industrial Applications
The industrial sector is undergoing digital transformation, with the adoption of technologies such as Industrial Internet of Things (IIoT) and Industry 4.0. Ethernet cards play a critical role in enabling seamless connectivity and data exchange within industrial networks. There is an opportunity for Ethernet card manufacturers to develop specialized industrial-grade Ethernet cards that meet the specific requirements of rugged environments, support real-time communication, and ensure reliable connectivity in industrial applications. According to the 2021 UNIDO report, over 50% of automotive companies have active IIoT projects underway. As digital transformation of factories gathers pace, there will be rising need to integrate industrial field devices onto the plant floor network with high-speed, secure, and reliable Ethernet connectivity.
Ethernet Card Market Report Snapshots
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