U.S. businesses will spend more than $49 billion...
U.S. businesses will spend more than $49 billion over the next five years on ethernet services, Insight Research said Wednesday in releasing a study. U.S. business spending on ethernet is expected to nearly reach $5.5 billion this year and will…
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rise to $13 billion in 2018, Insight said. Although ethernet’s top market segment is still wireless backhaul, it’s seeing its fastest growth in the small- to mid-sized business market, Insight said. The small- and mid-sized business market segment will have a 19 percent compound annual growth rate over the next five years, said Fran Caulfield, Insight research director, in a news release (http://bit.ly/17wdaVk). A separate Dell'Oro Group report Thursday said the Layer 2-3 ethernet switch market continued to exceed $5 billion in Q2 on demand from cloud providers. That demand is “offsetting delays in Enterprise spending as Enterprises push out the migration from 1 Gigabit Ethernet to 10 Gigabit Ethernet. Yet, as the Cloud market matures, we believe growth in the data center could likely stall in 2014, and remain on hold until 2015 when Enterprises begin en-masse migration to 10 Gigabit Ethernet,” said Alan Weckel, Dell'Oro Group vice president-Ethernet switch market research, in a news release (http://bit.ly/17SLkIY).