The North America metro ethernet services market size is expected to reach USD 27.1 billion in 2025 and is anticipated to exhibit a CAGR of 4.8% from 2018 to 2025, according to a new report by Grand View Research. Growing user expectation for high-quality video content and video streaming has propelled demand for carrier Ethernet in metro areas and is one of the most prominent drivers of the market.
Another
factor driving demand for Ethernet services across metro cities in the region
is increasing consolidation of data centers, which facilitates the need for
both improved performance as well as bandwidth. In terms of services, the
E-Transit segment is expected to exhibit the highest CAGR from 2018 to 2025,
owing to rising increasing demand for carrier Ethernet services across the
enterprise sector in metro areas in the region. Enterprises in North America
are being significantly influenced by growing need to adopt fast, high-quality,
and cost-effective carrier services to deal with surge in data traffic,
particularly in metro areas in countries such as U.S. and Canada.
On
the other hand, E-LAN and E-Line services will collectively contribute a major
share to the overall market revenue over the forecast period. The steadily
expanding E-Tree segment will also benefit from the growth prospects of carrier
Ethernet services in metropolitan areas in North America.
Based
on category, demand from the enterprise/retail sector will play a key role in
spearheading the development of the North America metro Ethernet services
market. This can be chiefly attributed to rising demand for VoIP, video
conferencing, and high-quality video streaming in the enterprise/retail sector
in metro areas.
The
North America region is extensively diversified and an early adopter of
advanced technologies. Internal competition among service providers is likely
to hinder the proliferation of the Ethernet services across metropolitan
regions. U.S. dominated the North America metro Ethernet services market in
terms of revenue in 2017.
Full Research Report On North America Metro Ethernet Services Market Visit Here:
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Further key
findings from the report suggest:
- By category, the
retail/enterprise segment is expected to witness substantial growth over
the forecast period owing to recent standardizations in the carrier
Ethernet industry
- On the basis of service, the
E-LAN segment accounted for the largest market share in 2017. The E-Tree
segment is expected to register the highest CAGR from 2018 to 2025
- U.S. and Canada are expected
to witness considerable growth over the forecast period owing to
substantial rise in demand for bandwidth-intensive applications and
growing adoption of cloud-based applications, which require high-quality,
dedicated data transfer speeds
- Key players in the North
America metro Ethernet services market include Amdocs Limited; Cogent
Communications, Inc.; Telefonaktiebolaget LM Ericsson; Level 3
Communications (CenturyLink); Liberty Global; Netcracker Technology
Corporation; NewWave Communications; Mediacom Communications Corporation;
AT&T Inc.; and Charter Communications.
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https://www.grandviewresearch.com/industry-analysis/north-america-metro-ethernet-services-market/request/rs1
Grand View Research has segmented
the North America metro Ethernet services market based on category, service,
and region:
North America Metro
Ethernet Services Category Outlook (Revenue, USD Million, 2014 - 2025)
- Retail/Enterprise
- Wholesale/Access
North America Metro
Ethernet Services Outlook (Revenue, USD Million, 2014 - 2025)
- E-Line
- E-LAN
- E-Tree
- E-Access
- E-Transit
North America Metro
Ethernet Services Regional Outlook (Revenue, USD Million, 2014 - 2025)
- U.S.
- Canada
- Mexico
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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