Ethernet over Coax (EoC) Equipment and Subscribers Market Size will Escalate Rapidly in the Near Future
The global EOC equipment and subscriber market will register robust growth due to globally escalating data transfer requirements. Ethernet over Coax or (EoC) is a group of technologies that transmits Ethernet frames over coaxial cable. During its initial days, the idea of transmitting radio frequency through coaxial cable seemed far-fetched. However, after several technological advances, coaxial cables now offer better connectivity and faster data transfer. This has substantially contributed to the global Ethernet over Coax equipment and subscriber Market.
Data transport over coaxial cables is carried out by two methods, namely baseband RF and modulated RF. Ethernet over Coax equipment has diverse applications, based on which the global market can be segmented into satellite cabling, pipe and tunnel inspection, deep sea exploration, residential and hotel applications, video surveillance, radar system, and rail. Geographically, North America, Europe, Asia Pacific, and Rest of the World (RoW) constitute the key regions of the global Ethernet over Coax equipment and subscriber market.
The report presents an analytical study on the global Ethernet over Coax equipment market. It discusses key growth drivers propelling the market, potential restraints, and prospective opportunities to provide a comprehensive overview. Key players in the industry are profiled in the report, providing a clear understanding of the market’s competitive landscape. Using analytical tools such as Porters’ five forces and SWOT analyses, the report studies the strengths and weaknesses of the key market players and measures the market size.
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Owing to easy installation, simplicity in design, and cost-efficiency, the video surveillance industry is abuzz with the high demand for EoC equipment to transfer high-definition signals. Ethernet over Coax equipment offers benefits such as faster data transfer and enhanced connectivity, which is positively impacting its global demand. Expanding markets for Video on Demand (VoD) applications are also expected to boost the Ethernet over Coax equipment and subscriber market.
In the last couple of years, use of Ethernet in traffic control applications has surged significantly. In addition, the demand for intelligent electronic devices (IED) has considerably increased across industrial facilities. Such factors bolster the Ethernet over Coax equipment and subscriber market. Increasing use of Ethernet in IPTV and IP camera is also expected to fuel the global Ethernet over Coax equipment and subscriber market.
To enjoy sustainable growth, the key players in the market will have to address certain inherent bottlenecks related to the deployment of the technology. Complexities in deploying Ethernet on heterogeneous networks can impede the EoC equipment and subscribers market’s growth. Moreover, rapidly evolving technologies resulting in obsolescence of existing technologies can also dissuade consumers from investing in EoC equipment. Challenges pertaining to interoperability can also hamper the market.
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Some of the key players in the global Ethernet over Coax equipment and subscriber market profiled in the report include companies such as Swire Pacific Ltd., Mitsubishi Corporation, China Resources Enterprise Ltd., Noble Group Ltd., Veracity, Jardine Matheson Holdings Ltd., Siemens AG, Technetix, NVT, NaspersLtd., Orkla, Bidvest Group, Sumitomo Corp., Mitsui & Co. Ltd.
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