Crehan Research forecasts strong data center Ethernet switch and NIC market growth.
Crehan Research announced that its data indicates that the combined revenue from Ethernet switch and networking interface card (NIC) markets will double over the next five years, ultimately surpassing $50 billion.
The research firm reports that this growth will be mainly driven by generative AI, specifically back-end AI Ethernet networking, and ramps ups in 800 gigabit, 1.6 terabit, and 3.2 terabit data center Ethernet networking.
Crehan Research president Seamus Crehan reported that generative AI requires more network bandwidth than other workloads and bandwidth at a faster cadence.
“This strong predicted growth in data center Ethernet AI networking reflects customer’s plans for significant investment in the area, with numerous one-million-plus AI accelerator clusters now on the horizon,” said Crehan in a press release. “Furthermore, there are many more customers deploying small-size Ethernet clusters as AI grows to touch every aspect of business.”
The data is available in a recently released series of reports: the Data Center Networking Long-Range Forecast Reports.
Hayden Beeson is a writer and editor with over seven years of experience in a variety of industries. Prior to joining Lightwave and Broadband Technology Report, he was the associate editor of Architectural SSL and LEDs Magazine.