Date Added: Jun 2010
Despite recent economic woes, Ethernet continues to grow at a steady pace; during 2009, Ethernet services in North America grew at a double-digit rate. Vertical Systems Group projects Ethernet to grow to a $40 Billion industry by 2013, which is a 48% projected compound annual growth rate from 2008. The same cannot be said for legacy technologies, for which sales continue to decline as companies migrate to Ethernet technology as the primary means to connect their Wide Area Network (WAN). So, why has this shift occurred? Why are companies migrating from legacy technologies to Ethernet, ultimately causing an explosion of growth?