Metro Ethernet Services Market expected to reach at revised size of US$86.34 Billion by 2032, Upcoming Trends, Segmented by Type, Application, End-Use

Metro Ethernet Services Market expected to reach at revised size of US$86.34 Billion by 2032, Upcoming Trends, Segmented by Type, Application, End-User and Region -Amdocs, Cogent Communications, Ericsson, Level 3 Communications (CenturyLink), Liberty Glob

The global market for Metro Ethernet estimated at US$41.6 Billion in the year 2021, is projected to reach a revised size of US$86.34 Billion by 2032, growing at a CAGR of 21.2% over the period 2021-2032. Single-mode Module, one of the segments analyzed in the report, is projected to record 11.3% CAGR and reach US$34 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-mode Module segment is readjusted to a revised 12.9% CAGR for the next 7-year period.

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Significant rise in demand for cloud-based applications and the evolution of metro networks from 1 GbE to 100 GbE ports and connections across residential as well as corporate sectors are further fueling demand for quality offerings in the metro carrier Ethernet industry. Growing demand for high quality, scalable, reliable, and economical connectivity options in the region, prominently the retail enterprise sector, is leveraging the need for carrier Ethernet in metro areas. Additionally, increased use of cloud-based applications, video applications such as video conferencing and video streaming, and other data-intensive services are catapulting demand for high bandwidth requirements among enterprises, leading to improved growth prospects for the industry.

Metro Ethernet Services Market

E-Line, E-Access, E-Transit, Others.

Application as below

BFSI, Education, Telecommunication, Manufacturing, Healthcare, Others

The U.S. Market is Estimated at $9.6 Billion, While China is Forecast to Grow at 16% CAGR

The Metro Ethernet market in the U.S. is estimated at US$9.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.3 Billion by the year 2027 trailing a CAGR of 15.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 10.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.5% CAGR.

Category Insights

Based on the category, the market has been segmented into retail/enterprise and wholesale/access. The retail/enterprise segment is expected to witness substantial growth over the forecast period, owing particularly to high demand for reliable and high-speed data services stemming from the retail/enterprise sector in the U.S. The segment is likely to continue to hold its dominant spot and generate the maximum revenue over the forecast period.

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Regional Insights

North American enterprises are grappling with flat and falling IT budgets owing to global economic slowdowns, currency fluctuations, and recessions over the past few years. Simultaneously, bandwidth requirements are continuing to grow and demand for carrier Ethernet is on a rise owing to the increasing reliance upon collaborative applications amongst a distributed customer base to share massive data over the WAN.

North America Metro Ethernet Services Market Share Insights

Key players in the 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.

Companies are focusing on strategies such as new product launch to deliver improved devices to their customers and expand their businesses worldwide. In December 2016, Amdocs, Inc. announced its selection by a Singaporean telecommunications infrastructure provider, NetLink Trust, as a provider of advanced business and operations support systems (B/OSS). The Amdocs' solution would allow acceleration of fiber connectivity, reduce maintenance and repair times, and enhance the quality of service

The Metro Ethernet Services report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

North America (USA and Canada)

Europe (UK, Germany, France and the rest of Europe)

Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

Latin America (Brazil, Mexico, and the rest of Latin America)

Middle East and Africa (GCC and rest of the Middle East and Africa)

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