Ethernet Adapter Market size worth US$7.192 billion by 2029

ethernet adapter market

The ethernet adapter market is expected to grow at a CAGR of 6.59% during the forecasted period, with a market valuation of US$4.601 billion in 2022 and is expected to reach US$7.192 billion by 2029.

Ethernet is a type of wired-computer networking technology, which is generally used in local, wide, and metropolitan area networks. Ethernet are used to provide internet connections and connect devices with the local areas. The ethernet adapter is a wired network adapter, which is used to connect devices to the network using ethernet cables. The ethernet cable offers fast and reliable connections and also reduces latency.

With the introduction of technologies, the ethernet adapter market is expected to grow simultaneously. The global ethernet market witnessed the introduction of various new technologies like type C ports, 2.5 gigabits, and others. Various companies have introduced multiple new technologies into the ethernet market, in May 2022, Broadcom, a global technology leader that designs, develops, and supplies semiconductors, and related technologies, introduced its low-power 400G PCIe Gen 5.0 ethernet adapters, which the company aims to revolutionize the data center ecosystem. Similarly, in Mary 2024, Plugable introduced its USBC-E2500 Ethernet adapter in the global market, that especially aims to elevate the connectivity for iMac users.

The type segment of the ethernet adapter market is categorized into USB adapters, PCI adapters, and PCMCIA adapters. Under the type segment of the ethernet adapter market, the PCI adapter category is estimated to attain a greater market share, during the forecast year. A PCI adapter is a type of network card, which is installed in the computer, which allows the device to use or connect to the internet. It offers an extra functionality to the device, and can also include other components like dedicated graphics cards, sound cards, or network interface cards. The PCI adapter also helps to reduce the risk of security breaches and offers peace of mind to the user. The PCI adapter also provides a standard for the security to the users.

The ethernet adapter market, by port type, is segmented into the Type C and RJ45. The type C category of the port type segment in the ethernet adapter market is forecasted to attain the maximum market share in the market. Type C is one of the latest technologies in the port type, which has 24-pin connectors, which are used to carry audio, video, and other important data. The type C or USB-C port offers fast charging and data transfer speed, along with it offers power delivery technology. This type of port also offers a reversible connection and can be used universally.

By end-user, the ethernet adapter market is segmented into two categories, industrial and commercial. Under the end-user segment of the ethernet adapter market, the commercial ethernet category is estimated to attain a greater market share. A commercial ethernet adapter is a type of plug that is plugged into the device and enables connectivity to the internet. The commercial ethernet is mainly intended for the use of enterprise networks, whereas the industrial ethernet is used in industrial settings.

Based on geography, the North American region of the ethernet adapter market is expected to grow significantly, as the region offers an expanding telecommunication and IT landscape. One of the major driving factors for the increase in the ethernet adapter market in the region is the increasing usage of the internet in the region. The growing demand for the internet, and internet-connected devices like laptops, PCs, and others is expected to boost the growth of the ethernet adapter in the market. Similarly, an increase in industrialization in the countries of the regions, like the USA, Canada, and Mexico, is also expected to propel the demand for ethernet adapters in the region. In industrial and commercial settings, ethernet adapters are used to enhance the organization’s cyber security, reducing the risk of breaches.

As a part of the report, the major players operating in the SOEC electrolyzer market that have been covered are VMWare Inc., Microsoft, Hewlett Packard Enterprise, Advanced Micro Devices Inc., Broadcom, Lenovo, Intel Corporation, UNITEK, Dell, and Belkin.

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This analytics report segments the ethernet adapter market as follows:

Segmentation: