Worldwide business Ethernet services market rises to $38.9B by 2013
MARCH 23, 2009 -- Vertical Systems Group says Ethernet is expanding at double the rate of competing technologies.
MARCH 23, 2009 -- Continuing its steady revenue ramp, the market for business Ethernet services is projected to climb to $38.9 billion worldwide by 2013, according to new figures released by market research firm Vertical Systems Group (search Lightwave for Vertical Systems Group).
As other telecom markets slow, Ethernet services continue to be adopted by enterprises at a rapid pace to support higher networking speeds in metro, regional, nationwide, and global applications. The fastest-growing Ethernet application segments are VPLS, private lines, and access to IP VPNs, while traditional applications like Internet access and Metro LAN services also show steady growth.
"With substantial new investments in fiber infrastructure, copper aggregation technologies, switching, and network interworking, carriers continue to expand their Ethernet footprints," says Rick Malone, principal at Vertical Systems Group. "Revenue from each of the regional market segments -- Asia/Pacific, U.S., EMEA, and RoW -- is expanding at a rate that's more than double those of competing technologies."
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