Carrier Ethernet Market Showing Double-Digit Growth Despite Recessionary Spending by Enterprises, says Insight Research
BOONTON, N.J., May 4 (SEND2PRESS NEWSWIRE) — US enterprises and consumers are expected to spend more than $27 billion over the next five years on Ethernet services provided by carriers, according to a new market research study from The Insight Research Corporation. With metro-area and wide-area Ethernet services now available from virtually all major data service providers, the market is expected to grow at a compounded rate of over 25 percent, increasing from $2.4 billion in 2009 to reach nearly $7.8 billion by 2014.