25 and 100 Gbps Ethernet Port Sales Forecasted to Account for 78 Percent of Controller and Adapter Market by 2024, According to Dell’Oro Group
Smart NICs are projected to capture 23 percent of the market. “We are projecting 25 Gbps to gradually replace 10 Gbps as the preferred speed for server network connectivity over the next five years,” said Baron Fung, Director at Dell’Oro Group.
Worldwide Cloud Server Market Projected to Account for 74 percent of Shipments by 2024, According to Dell’Oro Group
The Enterprise server and storage system markets are expected to face headwinds during our five-year forecast period of 2019 to 2024. “Despite recently slowdown, demand for servers by Cloud and Telco service providers in the U.S. and China is poised for growth over the next five years,” said Baron Fung, Director at Dell’Oro Group.
Mobile Core Network Shipments Forecast to Reach $45 B through 2024, According to Dell’Oro Group
Growth in mobile broadband and IoT drives the Mobile Core Network market. In 2020, we will see the launch of the 5G Core for 5G Standalone networks. The 4G Evolved Packet Core is expected to peak in 2022 and then the 5G Core will continue the growth,” observed David Bolan, Senior Analyst, at Dell’Oro Group. “By 2024, the 5G Core will represent about 50 percent of Wireless Packet Core revenues,” continued Bolan.
Worldwide MEC Market Projected to Grow at 135 Percent CAGR over Next 5 Years, According to Dell’Oro Group
Emerging lower-latency use cases could drive up demand to 34 Million MEC systems. “We forecast that MEC investments will grow to $5.2 B in servers and packet core user plane functions in 2024,” stated Baron Fung, Research Director at Dell’Oro Group.
5G and 400 Gbps Projected to Drive Service Provider Router Market, According to Dell’Oro Group
We expect the overall SP Router market to grow at modest, low single-digit rates over the next five years, but there are network use cases such as mobile backhaul and backbone transport that will surge due to the uptake of 5G and cloud services, respectively,” said Shin Umeda, Vice President at Dell’Oro Group.
