LAN/premises private data network connector market increases
The global market consumption of electronic and fiber-optic connectors used in LAN/premises private data networks was $622.3 million in 2000, according to a new study by ElectroniCast Corp. (San Mateo, CA). The consumption value will increase at an annual growth rate of 13.3% per year over the next five years to $1.16 billion in 2005, with quantity growth partially offset by declining average prices. Over the 2005-2010 period, the consumption value will reach $2.8 billion. North America led in global consumption with 63%, or $392 million, in 2000.
"North American consumption will be driven by the continuing trend to higher data-rate input/output per machine, growing complexity, and increasing node counts of LANs," explains ElectroniCast senior research analyst Peter T. Jewett. "The fastest growth in LAN/premises private data network interconnect cable consumption will occur in South America and the rest of world regions, stimulated by favorable national economic policies and the trend toward higher network bandwidth requirements."
The global consumption value of fiber-optic connectors used in LAN/premises private data networks will increase from $242 million in 2000 to more than $2.1 billion in 2010 (see Figure). In 2000, North America held 70% of global consumption value of LAN/premises private data network fiber-optic connectors. European connector usage value was in second place, and Japan plus other Far East countries represented less than 10% of the global usage.
Over the next decade, fiber-optic data connector deployment in Europe and Japan will grow more rapidly than in North America, to represent 42% of the global consumption of fiber-optic LAN/ premises private data network interconnect connectors by 2010.
For more information, contact ElectroniCast at 650-343-1398 or visit the company's Website at www.electronicast.com.