High adoption rates forecast for wireline and wireless Ethernet in industrial facilities

MARCH 30--According to a soon-to-be-released report by Venture Development Corporation (VDC; Natick, MA; www.vdc-corp.com), "Worldwide Industrial Markets for Ethernet Infrastructure Components and Network Software," the markets for wireline and wireless Ethernet infrastructure networking components will experience nearly 22% and 35% growth rates, respectively, over the next three years. Worldwide shipments of wireline Ethernet infrastructure networking components for use in industrial facilities are forecast to increase from $846 million in 2003 to $1528 million in 2006, at a 21.8% compound annual growth rate (CAGR). The shipments of wireless Ethernet infrastructure access point/networking components for use in industrial facilities are forecast to increase from $62 million in 2003 to $152 million over the same period, at a 34.8% CAGR.

Founded in 1971, VDC is a technology market-research and consulting firm that specializes in industrial and commercial electronics, computing, communications, software, and power systems markets.