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2020
Ethernet Adapter Market

Ethernet Adapter Market

by Type (External, and Internal), Interface Type (PCIe, OCP, USB), Port Configuration (Single, Dual, and Quad), Data Rate Per Port (Up to 1 GbE, 10 GbE, 25 GbE, 40 GbE, 50 GbE, 100 GbE, and 200 GbE), Application (Servers, Embedded Systems, Consumer Applications, Routers and Switches, Desktop Systems, and Others), and End User (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2019-2027

Report Code: A08751
Pages: 250
Dec 2020 | 4441 Views
Author(s) : Ruchal H , Vineet K
Tables: 179
Charts: 106
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COVID-19

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The global Ethernet adapter market was valued at $1.77 billion in 2019, and is projected to reach $16.30 billion by 2027, registering a CAGR of 33.50% from 2020 to 2027. Ethernet adapter, also known as network interface card (NIC), is a card to be plugged into a slot on a motherboard that enables access to an Ethernet network (LAN) for a computer. Earlier, NIC was always used for desktop systems, however, nowadays Ethernet is built into the chipsets on the motherboard of desktop systems as well as laptops. 

The Ethernet adapter market is expected to witness growth during the forecast period due to surge in demand for higher bandwidth connections among different industries. The market for the Ethernet adapter is expected to be driven by increasing deployment of data centers. Moreover, Ethernet connection offers high reliability and signal stability. It minimizes external interference and has minimum possibility of security breach. Considering these factors, it is estimated that the Ethernet adapter industry experiences exponential growth in the near future.

Ethernet-Adapter-Market-2020-2027

The factors such as increase in adoption of internet of things (IoT) devices and rise in internet penetration, especially in developing countries, are some of the other drivers for the Ethernet adapter market growth. However, high installation cost and limited physical availability for devices act as a major restraint, which can hinder the Ethernet adapter market growth. Furthermore, digitalization of businesses and rise in demand for power over Ethernet (PoE) in industries provides lucrative opportunities for the market. 

Ethernet adapters have gained considerable importance during the COVID-19 pandemic. It is an essential tool that is not only accelerating the healthcare and scientific research but also enhancing the accessibility to online learning. Hence, the COVID-19 outbreak has positively influenced the Ethernet adapters market and is estimated to follow the same trend during the forecast period.

Ethernet Adapter Market
By Interface Type

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PCIe segment is projected as one of the most lucrative segments.

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The global Ethernet adapter market is analyzed by type, interface type, port configuration, data rate per port, application, end user, and region. Based on type, it is fragmented into external, and internal. The internal segment dominated the Ethernet adapter market in terms of revenue in 2019, and is expected to follow the same trend during the forecast period. On the basis of interface type, the market is segregated into PCIe, OCP, and USB. The PCIe segment dominated the Ethernet adapter market in terms of revenue in 2019, and is estimated to follow the same trend during the forecast period. By port configuration, the market is classified as single, dual, and quad. The single segment accounted for the highest market share in 2019, and the dual segment is expected to grow at a high CAGR from 2020 to 2027. Based on data rate per port, the market is categorized into up to 1 GbE, 10 GbE, 25 GbE, 40 GbE, 50 GbE, 100 GbE, and 200 GbE. In 2019, the up to 1 GbE segment dominated the market, however, the 100 GbE segment is projected to grow at a high CAGR from 2020 to 2027. On the basis of application, the market is segmented into servers, embedded systems, consumer applications, routers and switches, desktop systems, and others. The embedded systems segment held a prominent market share in 2019, while the servers segment is projected to grow at a high CAGR during the forecast period. By end user, the market is divided into residential, industrial, and commercial. The global Ethernet adapter industry is dominated by the commercial end users segment in terms of value. 

Based on region, the global Ethernet adapter market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).  North America accounted for the highest share, owing to presence of significant number of leading market players in the region. Europe was the second largest contributor in terms of revenue and is expected to witness significant growth during the forecast period, owing to surge in demand for higher bandwidth internet connection and rise in adoption of 5G technology. 

Ethernet Adapter Market
By Application

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Servers segment is expected to secure leading position during forecast period.

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Top Impacting Factors

The significant impacting factors in the Ethernet adapter market include growing demand for high bandwidth internet connections, increasing number of data centers, and digitalization of businesses. However, high installation cost is expected to hinder the market growth. Conversely, emergence of power over Ethernet (PoE) in various industries is projected to offer remunerative opportunities to the Ethernet adapter market. Each of these factors is anticipated to have a definite impact on the market during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major Ethernet adapter market players such as Anker Technology (UK) Ltd., Belkin International, Inc., Broadcom, Intel Corporation, Lenovo, LevelOne, Marvell Technology Group, Nvidia (Mellanox Technologies), Plugable Technologies, and Xilinx are provided in this report. 

Ethernet Adapter Market
By Geography

2027
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 36.1% during 2020-2027

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global Ethernet adapter market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current Ethernet adapter market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the Ethernet adapter market.
  • The report includes the Ethernet adapter market share of key vendors and Ethernet adapter market trends.

Ethernet Adapter Market Report Highlights

Aspects Details
By Type
  • External
  • Internal
By Interface Type
  • PCIe
  • OCP
  • USB
By Port Configuration
  • Single
  • Dual
  • Quad
By Data Rate Per Port
  • Up to 1 GbE
  • 10 GbE
  • 25 GbE
  • 40 GbE
  • 50 GbE
  • 100 GbE
  • 200 GbE
By Application
  • Servers
  • Embedded Systems
  • Consumer Applications
  • Routers and Switches
  • Desktop Systems
  • Others
By End User
  • Residential
  • Industrial
  • Commercial
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players ANKER TECHNOLOGY (UK) LTD., BELKIN INTERNATIONAL, LTD., BROADCOM, INTEL CORPORATION, LENOVO, LEVELONE, MARVELL TECHNOLOGY GROUP, NVVIDIA, PLUGABLE TECHNOLOGIES, XILINX
 

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The Ethernet adapter market is gaining momentum with enhanced performance capabilities. Post-emergence of COVID-19 pandemic, internet traffic has spiked by 25% to 30% with number of countries in lockdown and many people working or learning from home. This surge in internet traffic is demanding high speed internet connections. Consequently, it paved the way for a substantial growth of the Ethernet adapter market. As wired connections provide more speed than the wireless connections, more users are turning toward installation of wired broadband connections. It has subsequently increased the sales of Ethernet adapters exponentially. 

Moreover, Google and Microsoft Corporation witnessed doubling of extra activities on internet and a need to cope up with the growing internet traffic. This has resulted in significant investments in deployment of data centers, which adds extra processing capacity to switch on that can be sent via new and faster data ports. Hence, there is considerable demand for high data ports of Ethernet adapters with growing investments for installation of data centers across the globe. Besides, automation of industrial processes and digitalization of various businesses has further accelerated the adoption of Ethernet adapter market in industrial sector. The emergence of COVID-19 pandemic has created lucrative opportunities for the Ethernet adapter market growth during the forecast period.

Various leading manufacturers such as Anker Technology (UK) Ltd., Belkin International, Inc., Broadcom, Intel Corporation, Lenovo, LevelOne, Marvell Technology Group, Nvidia (Mellanox Technologies), Plugable Technologies, and Xilinx occupy a prominent revenue share in the Ethernet adapter market. These players are anticipated to boost their production capacity to meet the increasing needs of Ethernet adapters globally.
 

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