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Natick, Mass. — According to a soon-to-be-released report by Venture Development Corp., "Worldwide Industrial Markets for Ethernet Infrastructure Components and Network Software," the markets for wireline and wireless Ethernet infrastructure networking components will experience nearly 22 percent and 35 percent growth rates respectively over the next three years.
Worldwide shipments of wireline Ethernet infrastructure networking components for use in industrial facilities are forecast to increase from $846 million in 2003 to $1.5 billion in 2006, at a 21.8 percent compound annual growth rate (CAGR). The shipments of wireless Ethernet infrastructure access point/networking components for use in industrial facilities are forecast to increase from $62 million in 2003 to $152 million over the same period, at a 34.8 percent CAGR.
VDC's surveys of end users, OEMs and system integrators produced the following primary motivations for implementing ethernet in industrial facilities:
- Wireline Ethernet Networks: High reliability, High security, Low cost of installations, Established/proven technology, Ease of integration with existing networks
- Wireless Ethernet Networks: Need for mobile applications, Flexibility/ease of expansion/relocation, Provides long distance/remote coverage, Easy/fast installations, Low cost of installations
Founded in 1971, VDC is a technology market research and consulting firm that specializes in industrial and commercial electronics, computing, communications, software and power systems markets. For more information, visit www.vdc-corp.com.