The global ethernet transformer market is projected to grow at a considerable CAGR during the forecast period. The Integration of IoT devices in various industries such as IT & telecom, BFSI, and others further contribute to the growth of the market during the forecast period. IoT connects an array of interconnected computing devices, digital and mechanical machines or any physical object that collects and shares electronic data. The devices are inherited with identifiers and other isolation devices that enable data transfer over a network without any need of human-to-computer interaction and any electrical fault.
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The service providers and enterprises have been developing IoT to drive digital transformation and to solve the effective proficiencies. The number of internet-connected systems and devices is further anticipated to increase at a fast pace in the near future. Moreover, the IoT is receiving enormous attention in the low-power applications. A range of low power low noise amplifiers when deployed in an IoT-based system provides prolonged battery life and enhances the sensitivity of the front-end module of the devices.
Technological advancement in the communication sector further contribute to ethernet transformer market
The market for ethernet transformer further projected to grow significantly as the advancement in communication technologies such as 5G and 6G technologies. The introduction of 5G technology has marked a new development in the connection of devices, which is projected to positively impact the communication sector. It is regarded as the cellular communication technology of the next generation that is expected to bring revolutionary and evolutionary services to the telecommunication sector. 5G technology has the ability to unleash advanced economic opportunities and several benefits to society, providing it to be as a potential element in transforming the telecommunication industry. 5G will redefine the ethernet transformers that interacts with the network and the modem.
In December 2016, the Government of UK announced a $961 million challenge fund to invest in the deployment of local full-fiber networks, which in turn, will support the development of 5G technology. The fund collected is now being distributed among local authorities through a competitive process across UK.
China has inaugurated its five-year economic investment plan that involves an investment project of $400 billion in 5G technology. Beijing is considering 5G technology a crucial element for transforming the communication sector of China. The country has spent $24 billion more than the US on the development of 5G technology. Huawei Technologies Co. Ltd., a telecommunication equipment provider, is researching 5G technology and developing networks in a number of countries, which includes Japan, France, South Korea, Canada, and Italy. These investments in 5G technology further encourage the demand for advanced communication devices that require electrical isolation transformers.
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Global Ethernet Transformer Market Segmentation
By Transmission Speed
- 10Base-T
- 10/100Base-T
- GigabitBase-T
- 10GBase-T
By Application
- Router
- Network switching
- Hub
- NIC (Network Interface Card)
By End-User Industry
- BFSI
- IT & Telecom
- Retail
- Industrial
- Others (Government)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
