Gigabit Interface Converter Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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Global Interface Converter Market: Snapshot

Gigabit interface converter allows the businesses to smoothly calibrate and upgrade electro-optical network for effortless communication. A typical gigabit interface converter market solution is a plug in module which can be replaced when broken without turning off the system. These economical devices can eliminate the requirement of replacing entire boards at system level. This saves a ton of money and crucial time for the businesses and helps them to grow in their market domain. The solutions from global gigabit interface converter market are deployed in either Ethernet systems and/or fiber optic systems. This is because, they work as an interface that operates with exceptionally high speed and can support multiple physical media ports.

Factors that are Responsible for the Growth of Global Gigabit Interface Converter Market

  • Growing necessity by various businesses to have an efficient back-up solution and dire need of a cost-effective interface is one of the prominent reasons responsible for the growth of global gigabit interface converter market in coming years.
  • Recently, both developed and developing economies have invested a huge amount in IT sector. These investments are another growth driving factors for global gigabit interface converter market in the forecast period.
  • Another reason for the growth of global gigabit interface converter market is its fragmented nature.  The market is fragmented on the basis of type, applications, industry, and region. The market is also growing as a result of growing application in industries such as oil and gas, chemicals, and water management. Moreover, increasing use of the interface in food and beverages industry is also promoting the growth of global gigabit interface converter market.

Gigabit interface converter (GBIC) is a typical transceiver, which is commonly used for the conversion of electric current to optical signals and vice versa. Gigabit interface converter acts as an interface or edge for high speed networking and is deployed in Ethernet systems and fiber optic. Gigabit port is made capable of supporting a large number of physical media through more than hundreds of kilometers by gigabit interface converter which acts as an interface. Transceiver is connected at the end of the Ethernet cable that facilitates signal conversion. A few year after the introduction of GBIC, the small form-factor pluggable (SFP) transceiver was also launched. The SFP does the same functions but is more compact than a normal GBIC. The transceiver module can be configured easily and upgraded in opto-electrical systems when the system is operating (hot swappable).The features that make GBIC preferable are: gigabit interface converter minimizes downtime during replacements enabling hot swap and plug and play functionality. These interface converters were commonly implemented in early 2000s. Gigabit interface converter is not obsolete, but has been gradually replaced by a compact, smaller and more lightweight version.

Global Gigabit Interface Converter Market: Drivers and Challenges

Most of the organizations preferring for efficient backup operations, many large and small enterprises opting for cost effective solutions these factors are expected to encourage the growth of global gigabit interface converter market. Increasing IT spending primarily in the emerging economies is also expected to have a positive impact on the global gigabit interface converter market during the forecast period.

High cost of gigabit interface convertor and standardization issue associated with it are some of the major challenges faced by vendors.

Global Gigabit Interface Converter Market: Segmentation

  • Global gigabit interface converter market can be segmented into type, and application.
  • On the basis of type, global gigabit interface converter market can be segmented into single-mode GBIC and multi-mode GBIC.
  • On the basis of connector/adaptor type, global gigabit interface converter market can be segmented into Ethernet systems, fiber channel and others.
  • On the basis of vertical, global gigabit interface converter market can be segmented into oil & gas, chemical, healthcare, food and beverage, water and wastewater, and others

Global Gigabit Interface Converter Market: Regional Outlook

On the basis of regions, global gigabit interface converter market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. The market in North America and Europe is expected to have significant market share of the global gigabit interface converter market. Asia Pacific gigabit interface converter market is having maximum potential in the forecast period. Markets in Latin America and Middle East and Africa are expected to register positive growth during the forecast period.

Global Gigabit Interface Converter Market: Competition Landscape

Some of the key players for gigabit interface converter market include Cisco Systems, Inc., Marvell, PLANET Technology Corporation, CELLO, D-Link (Europe) Ltd., Oracle, Hewlett-Packard Development Company, L.P., Allied Telesis, Inc., NETGEAR, and Moog Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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