Study: US companies invest in switched Ethernet services to connect to cloud

US companies look more likely to switch to Ethernet services to be able to connect to cloud services.

May 5th, 2021 – Recent analysis from Frost & Sullivan finds that continued demand for bandwidth and cloud connectivity needs are sustaining Ethernet demand in the United States business markets.

However, the researcher notes that market maturity, downward pricing pressure, and lack of sustained demand for point-to-point Ethernet services with SD-WAN [software-defined wide area network] capability will result in the market dropping from $6.35 billion in 2021 to $5.94 billion by 2024.

Frost & Sullivan observes that COVID-19 has forced many enterprises to alter their strategies — while some have decided to hold off on making network purchase decisions, others invested in site upgrades because there was a demand for increased bandwidth.

Read more at source | Cabling Installation and Maintenance