Ethernet PHY Chip Market is expected to grow at an 8.8% CAGR by 2030- The rising adoption of 25GB Ethernet-based servers

Ethernet PHY Chip Market Overview:

The Ethernet PHY Chip Market is expected to grow at an 8.8% CAGR from 2021 to 2030, reaching USD 19.61 billion by 2030.

The Ethernet PHY chip market has grown exponentially in recent years due to the increased demand for smaller chip modules to improve the performance of electronic devices. The rise of the Internet of Things (IoT) and an increase in online video streaming platforms are driving up demand for these chips, driving the market growth. High bandwidth switches are also expected to boost product demand exponentially. The increasing use of automation or process control technologies in various industries, such as automotive, aerospace, food and beverage, oil and gas, propels global Ethernet PHY Chips growth. The growing importance of automating various manufacturing processes is expected to boost global demand for industrial Ethernet chips.

The COVID-19 outbreak significantly impacted the Ethernet PHY chip industry, forcing major manufacturing plants to reduce output and shut down for an extended period. Because of the pandemic’s disruption, several key component suppliers and technology providers reduced their expenses and production in some areas. Furthermore, new economic and technological trends posed new challenges to ICT development. As a result, industry players began working feverishly on countermeasures and alternatives to lessen the impact. However, the Ethernet PHY Chip market is returning to normal, and revenue is gradually increasing.

Get Complete PDF @ https://www.marketresearchfuture.com/sample_request/7429

Report Scope:

Market Segmentation:

The global Ethernet PHY Chip Market is segmented:

By Data Rate: 

• 100-1000 Mpbs 
• 10-100Mpbs 
• Greater than 100 Gaps 

By Application: 

• Enterprise networking 
• Consumer electronics 
• Telecom 
• Automotive 
• Industrial automation 

By Port:

• Double 
• Single

In-depth Market Research Report (142 Pages) on Ethernet PHY Chip Market: https://www.marketresearchfuture.com/reports/ethernet-phy-chip-market-7429

Regional analysis:

The Ethernet PHY Chip Market is divided into Asia-Pacific, Europe, and North America. 

The Asia-Pacific region has the largest market share, followed by North America and Europe, in that order. The region’s Ethernet PHY chip market share is growing due to increased demand for consumer electronic devices, particularly automotive, medical, and wearable devices. India, China, and Japan are Asia-Pacific’s rapidly developing nations with enormous revenue generation potential. China has the largest share of the region’s Ethernet PHY chip market among other APAC countries.

North America is the world’s second-largest supplier of Ethernet PHY chips. The Ethernet PHY chip market share is influenced by factors such as adopting new communication network protocols and the need for high data transfer speeds in data centers. Furthermore, the presence of many leading vendors in the region and the availability of innovative technologies drive the Ethernet PHY chip market growth. The growing technology environment in the United States and Canada and high spending on personal devices are major tailwinds for the regional market’s growth.

Europe holds a sizable portion of the global Ethernet PHY chip market. The expanding healthcare industry in the United Kingdom, Germany, France, and Italy is driving the expansion. Furthermore, massive defense and European space industry spending to obtain long-term solutions for high-end, demanding devices supports regional market growth.

Check Discount: https://www.marketresearchfuture.com/check-discount/7429

Recent developments:

Silvaco Inc., a leading supplier of EDA software and design intellectual property, has announced a collaboration with OPENEDGES Technology, Inc., a leading memory subsystem provider of intellectual property, to demonstrate the unification of the memory controller  OPENEDGES DDR with Silvaco DDR Phys. These organizations have validated the OPENEDGES’ frictionless interoperability.

More Report@

https://www.marketresearchfuture.com/reports/vertical-farming-market-2779

https://www.marketresearchfuture.com/reports/enterprise-governance-risk-compliance-market-2786

https://www.marketresearchfuture.com/reports/gps-tracking-device-market-3317

https://www.marketresearchfuture.com/reports/ip-phones-market-3808

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter

Tags: Ethernet PHY Chip Market Research, Ethernet PHY Chip Market Report, Ethernet PHY Chip Industry, Ethernet PHY Chip Market, Ethernet PHY Chip Market Share, Ethernet Phy Chip Market Analysis, Ethernet PHY Chip Market Size See Campaign: https://www.marketresearchfuture.com/reports/ethernet-phy-chip-market-7429

Contact Information:

Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Sales: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com

Tags:
Wire, Research Newswire, English