One of the key factors contributing to this market growth is the increasing adoption of Ethernet access devices in telecom network backhaul. The Global Ethernet Access Device market has also been witnessing a decrease in the price of Ethernet access devices. However, the complex installation process of Ethernet access devices could pose a challenge to the growth of this market.
The key vendors dominating this market space are ADVA Optical Networking SE., Ciena Corp., Overture Networks Inc., and Actelis Network Inc.
The other vendors mentioned in the report are Alcatel-Lucent Inc., Bell Labs Inc., Cisco System Inc., Ericsson Inc., Hewlett-Packard Co., Huawei Co. Ltd., IBM Corp., NEC Corp., Nokia Siemens Networks Pvt. Ltd., Nortel Networks Corp., Samsung Networks Inc., UTStarcom Holdings Corp., and ZTE Corp.
Commenting on the report, an analyst from TechNavio's Networking team said: ''The Global Ethernet Access Device market is highly price-sensitive. The market demand has prompted many vendors to reduce their prices to remain competitive in the market. Moreover, cost is one of the main reasons why end-users switch vendors. The Ethernet access devices offered in the market mostly have the same capabilities, except for certain advanced add-on features; hence, there is competition among vendors that provide these add-on features. The advancements in technology have helped Ethernet access device component suppliers reduce the cost of the electronic components used in Ethernet access devices. The prices of Ethernet access devices are increasingly reducing as a result of the technological advancements and the intense competition in the market.''
According to the report, one of the major drivers is increased adoption of Ethernet access devices in telecom network backhauls. Due to the increasing demand for high-speed packet transfers in the backhauls, more telecom operators are deploying fiber-optic networks. Hence, they are adopting Ethernet access devices for seamless connectivity and higher efficiency of the backhaul networks.
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