12th
June 2019 – Global
network hubs market report offers the latest industry trends, technological
alteration and forecast data. A deep-dive view of network hubs industry based
on its size, growth, development plans, and opportunities is offered by this
report. The forecast information, SWOT analysis, network hubs barriers, and
feasibility study are the vital aspects evaluated in this report.
The global network hubs market is expected to display higher growth rate
over the next five years. Rapid surge in the market is credited to the growing
need for low cost solutions and increasing demand for high-speed internet. The
network hubs provide data transmission and information signals over the twisted
pair Ethernet cables.
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The network hub offers higher data transmission rate and helps to save
additional cost of installation for various network cables. Globally, market is
predicted to generate massive revenue over the next five years, providing
numerous opportunities for industry participants to invest in research and
development of network hubs market.
Network hub or Ethernet hub acts as a network hardware device that
connects various Ethernet devices together, thus creating a single network
interface. Network hub or Ethernet hub consists of several input or output
(I/O) ports. The transmission signal is introduced at the input of any port;
the signal is then transmitted via every other output port except the original
port. The network hub performs its functions at the physical layer of the OSI
model. However, preferred use of network switches is expected to limit market
growth to a certain extent.
Shifting trend towards Bring Your Own Device (BYOD) by large-scale
organization is expected to drive the market demand for network hubs. Network
hubs offer enhanced product effectiveness along with ease of deployment.
Network hubs also minimize system complexity, thus aggravating market expansion
in the upcoming years. Shifting focus towards incorporation of Internet of
Things (IoT) and machine-to-machine (M2M) networks is immensely contributing to
industry growth over the forecast period. Network hub has the ability to
address the different enterprise network and regulatory scenario.
The network hubs market is broadly categorized into four major segments
based on the application type such as industrial automation industry, power and
energy sector, automotive sector and transportation sector. Industrial
automation segment is growing rapidly with the substantial revenue generation
in the last few years.
The market is divided by region as North America, Europe, Asia-Pacific,
Latin America and Africa. North America has shown major growth in recent years
owing to the rise in implementation of latest technologies in telecomm sector,
surge in number of research & development activities in the region and existence
of well-established IT infrastructure. In European region, Germany, France, and
United Kingdom are projected to witness steady growth.
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Asia-Pacific region is estimated to hold a major share in the network
hubs industry with massive growth in forecast period. Countries such as India,
China and Singapore are leading the Asia-Pacific market with strong economic
growth, rapid advancement in telecommunication sector, growing need for
enhanced control and visibility mechanisms, and significant investment by
leading industry players considering potential growth opportunities in the
region.
The key players in the network hubs market are Cisco Systems, Inc., NXP
Semiconductor N.V., Marvell Technology Group Ltd., Microsemi Corp., Intel
Corp., National Instruments Corp., Xilinx, Inc., Analog Devices, Inc., Broadcom
Ltd., Belden Inc., Renesas Electronics Corp., and TTTech Computertechnik AG.
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