The North America Metro Ethernet Services Market size was valued at USD 23.64 Billion in 2022 and is expected to surpass USD 36.05 Billion by 2031, expanding at a CAGR of 4.8% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand for on-demand delivery of digital content services.
Carrier Ethernet service is delivered in form of a service to consumers, which makes it a prime choice for distribution of on-demand content. Growing consumer inclination toward offerings such as video conferencing and high-quality video streaming are propelling the demand for cost-effective Ethernet services in metro areas of this region.
Rising demand for high-performance networks and growing need for reliable connectivity are encouraging data centers and service providers to switch to carrier Ethernet. The evolution of Software-defined Networking (SDN) has made it easier for the service provider to provide scalable, reliable, and simple networking experience to their users at affordable prices.
Metro networks are designed to handle heavy data traffic demands that are originated from the high-definition (HD) video content. This factor increases the need for metro Ethernet services across the region. Increasing need to adopt high-quality, fast, and cost-effective carrier services to deal with rising data traffic has influenced enterprises, especially in metro areas of countries such as Canada and the US to choose Ethernet services.
North America Metro Ethernet Services Market Drivers, Restraints, Trends, and Opportunities
Growing consumer preference for HD video content and video streaming is expected to boost the demand for carrier Ethernet in metro areas during the forecast period.
Increasing demand for cloud-based applications and the introduction of metro networks from 1GbE to 100 GbE ports across both corporate and residential sectors are propelling the demand for quality offerings in the metro carrier Ethernet industry.
Rising demand for high quality, scalable, economical, and reliable connectivity options in the retail enterprise sector of this region, is anticipated to boost the carrier Ethernet services market during the forecast period.
High bargaining power owing to the intensive competition among telecom providers and solutions can restrain the market growth.
The emergence of COVID-19 pandemic has positively impacted the North America metro Ethernet services market. The lockdown imposed by government bodies have made companies operating in the US and Canada to work remotely. This, in turn, has increased the demand for WLAN or Wi-Fi services, which is anticipated to spur the market growth during the forecast period.
Scope of North America Metro Ethernet Services Market Report
The report on the North America metro Ethernet services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
North America Metro Ethernet Services Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Services (E-Line, E-LAN, E-Tree, E-Access and E-Transit) and Categories (Retail and Wholesale)
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Amdocs Limited, Telefonaktiebolaget LM Ericsson, Level 3 Communications (CenturyLink), Liberty Global, Cogent Communications, Inc., AT & T Inc., Netcracker Technology Corporation, NewWave Communications, Mediacom Communications Corporation, and Charter Communications
North America Metro Ethernet Services Market Segment Insights
E-LAN segment to constitute a large market share
On the basis of services, the market is segmented into E-Line, E-LAN, E-Tree, E-Access and E-Transit. The E-tree segment is projected to expand at a healthy CAGR during the forecast period. The carrier Ethernet in metropolitan areas are expected to increase during the forecast period. Telecom service and network providers are heavily investing in efforts to retain existing customers and capture the growth opportunities offered by the regional market during the forecast period. On the other hand, the E-LAN segment is projected to constitute a large market share during the forecast period.
Retail segment to represent a considerable market share
Based on categories, the market is bifurcated into retail and wholesale. The retail segment is expected to represent a considerable market share during the forecast period. Increasing demand for high-speed and reliable data services from the retail sector of this region is anticipated to spur the segment growth. Growing consumer inclination toward video conferencing, VoIP, and high-quality video streaming in the retail sector of metro areas is projected to boost the market growth in this region.
US to account a significant market share
Enterprises in North America are struggling with flat and falling IT budgets due to the global currency fluctuations, economic slowdown, and recessions in the recent time. Conversely, growing demand for high bandwidth and increasing demand for carrier Ethernet are due to the capability of the users to share humungous data on the Internet.
The market in the US is projected to constitute a significant market share during the forecast period. The market growth is attributed to the growing consumer preference toward high-quality video content and video streaming in this region.
The North America metro Ethernet services market has been segmented on the basis of
- 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.
- Charter Communications
Some of the key players in the North America metro Ethernet services 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.
Industry participants are focusing on various business strategies such as product launch to provide top-notch devices to their customers and expand their consumer base across the region.
- In December 2016, Amdocs, Inc. announced that NetLink Trust, a Singapore-based telecommunications infrastructure provider, has selected Amdocs as a provider of advanced business and operations support systems. The company claims that its solution allows acceleration of fiber connectivity and reduce maintenance and repair times and enhance the quality of its service.