Global Ethernet set to be worth £15 Billion by 2010
For any technology enthusiast who has been around since the 1990′s you may recall global ethernet, a networking technology that many analysts and technicians predicted would die out in the early 1990s due to newer forms of technology developing. Well now global ethernet apparently is back in as technical analysts at Ovum Research have predicted that by 2012 global ethernet as an industry is set to be worth £15 billion, a huge amount for a technology what many analysts by now thought would be gone.
These findings, calculated over a number of years and finalised under the working out of a 20% growth per year, are a huge surprise to many because of what analysts in the past said. The reasoning behind this growth is because of carriers, such as Virgin and BT, have expanded thus increasing the demand on ethernet around the globe for both cross wire communication and local connections.
In the UK, there has been a huge growth due to the replacement of pre-existing legacy contracts dished out by carriers.
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