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Gigabit Ethernet (GbE) Test Equipment Market size is set to grow by USD 829.07 million from 2024-2028, Rising demand for high-speed ethernet boost the market, Technavio

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NEW YORK, June 13, 2024 /PRNewswire/ — The global gigabit ethernet (GbE) test equipment market size is estimated to grow by USD 829.07 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  7.79%  during the forecast period. Rising demand for high-speed ethernet is driving market growth, with a trend towards new product launches. However, lack of technical skills  poses a challenge. Key market players include Agilent Technologies Inc., ALBEDO Telecom Inc., Anritsu Corp., Beijing Xinertel Technology Co. Ltd., EXFO Inc., Fluke Corp., GAO Tek Inc., GL Communications Inc., IDEAL INDUSTRIES Inc., Keysight Technologies Inc., Marvell Technology Inc., NetScout Systems Inc., NextGig Systems Inc., Spirent Communications plc, TE Connectivity Ltd., Teledyne Technologies Inc., VeEX Inc., Viavi Solutions Inc., Xenech Solutions Ltd., and Yokogawa Electric Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Gigabit Ethernet (GbE) Test Equipment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.79%

Market growth 2024-2028

USD 829.07 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.59

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, Japan, Germany, and UK

Key companies profiled

Agilent Technologies Inc., ALBEDO Telecom Inc., Anritsu Corp., Beijing Xinertel Technology Co. Ltd., EXFO Inc., Fluke Corp., GAO Tek Inc., GL Communications Inc., IDEAL INDUSTRIES Inc., Keysight Technologies Inc., Marvell Technology Inc., NetScout Systems Inc., NextGig Systems Inc., Spirent Communications plc, TE Connectivity Ltd., Teledyne Technologies Inc., VeEX Inc., Viavi Solutions Inc., Xenech Solutions Ltd., and Yokogawa Electric Corp.

Market Driver

The global Gigabit Ethernet (GbE) test equipment market is experiencing growth due to the increasing deployment of 5G networks, cloud computing, and teleworking. Keysight Technologies Inc. launched the AresONE-M 800GE in July 2023, a comprehensive Ethernet performance test platform for data center connectivity. Spirent Communications Plc introduced the compact M1 Appliance in February 2023, designed to accelerate time-to-market and ensure successful technology deployments.

Anritsu Corp. launched the 400G Dual/100G quad channel expansion MT1040A-020 option in August 2021, offering upgraded functions for its Network Master Pro and enabling simultaneous dual-port 400G Ethernet measurements. These new product launches will continue to drive market growth during the forecast period. 

The Gigabit Ethernet (GbE) Test Equipment market is experiencing significant growth due to the increasing demand for high-speed data transmission. With the implementation of advanced technologies such as 5G and the Internet of Things (IoT), there is a surge in the need for faster and more efficient networks. Gigabit Ethernet technology provides this solution, enabling data transfer rates of up to 1000 Mbps. As a result, test equipment manufacturers are focusing on developing innovative solutions to meet the demands of this market.

These solutions include test instruments for verifying the performance of GbE networks, ensuring compatibility with various devices, and providing analytics for network optimization. Additionally, cloud-based testing and automation are becoming popular trends to reduce costs and improve efficiency. Overall, the Gigabit Ethernet Test Equipment market is expected to continue its growth trajectory in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global gigabit Ethernet (GbE) test equipment market faces challenges due to the need for specialized technical skills. Engineers require expertise in high-speed digital design and understanding of high-frequency signals to manufacture and calibrate GbE equipment. Transitioning to higher communication speeds like nx10G serial technology necessitates a higher level of expertise. The complexity of testing heterogeneous networks further complicates the design and functionality of GbE test equipment, making the lack of technical skills a significant restraint for market growth.The Gigabit Ethernet (GbE) Test Equipment market faces several challenges. With the increasing adoption of GbE technology, there is a growing need for advanced testing solutions to ensure network performance and reliability. The complexity of GbE networks, such as those using 5G technology, presents a significant challenge. These networks require specialized test equipment to support their high speeds and large bandwidths.Additionally, the need for real-time testing and analysis is crucial to identify and resolve issues quickly. The market must also address the cost and availability of these advanced testing solutions to meet the demands of businesses and organizations. Overall, the GbE Test Equipment market requires innovative and cost-effective solutions to address these challenges and support the growth of GbE networks.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Type 1.1 10 GbE1.2 50 GbE1.3 More than 100 GbEEnd-user 2.1 Telecommunication2.2 Manufacturing2.3 Automotive2.4 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 10 GbE-  The 10 Gigabit Ethernet (GbE) test equipment market is experiencing growth due to the increasing adoption of 10 GbE networks in Local Area Networks (LAN) and Metropolitan Area Networks (MAN). These networks offer cost-effective and less complex solutions for managing data among networks. Key applications include high-speed switch-to-switch links, aggregation of multiple fiber or copper segments, and interconnection of high-performance servers.

The shift from SONET to Ethernet in MAN is a major factor, as Ethernet offers improved service reliability and lower latency at a lower cost. Additionally, the rise of cloud computing, convergence, and virtualization in data centers, as well as the increasing use of high-speed Internet and 4G mobile applications, are driving the demand for 10 GbE test equipment.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Gigabit Ethernet (GbE) Test Equipment Market plays a crucial role in ensuring network performance and reliability for enterprises, data centers, and service providers. GbE technology, based on synchronous data transmission, is essential for handling high bandwidth requirements in various applications, including cloud services, automotive, and mobile internet. Manufacturers of network equipment produce GbE test equipment to validate the functionality and calibration processes of their infrastructure.

Advanced technologies like AI-powered networking, edge computing, and 5G technology necessitate the use of sophisticated test equipment. Operational expenses for telecom operators and service providers include the acquisition and maintenance of these tools. Additionally, remote working models and cloud-based analytics require robust assurance and testing solutions. Mobilis, a leading provider of test and measurement solutions, offers a comprehensive range of GbE test equipment catering to these needs.

Market Research Overview

The Gigabit Ethernet (GbE) Test Equipment Market encompasses instruments and solutions designed to validate the performance and functionality of Gigabit Ethernet networks. These tests ensure the reliability and interoperability of GbE technology in various applications, including data centers, telecommunications, and enterprise networks.

The market demands advanced features such as high bandwidth, low latency, and support for emerging standards like 100G Ethernet and 400G Ethernet. Additionally, the market requires solutions that can test both physical and virtual networks, as well as support for automation and remote management. The market is driven by the increasing adoption of cloud services, the proliferation of IoT devices, and the need for higher network speeds and bandwidth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Type10 GbE50 GbEMore Than 100 GbEEnd-userTelecommunicationManufacturingAutomotiveOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Omoda and Google Cloud Partner to Revolutionize Online Fashion Shopping with Generative AI

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New AI-powered conversational shopping experience brings boutique personalization to the digital retail spacePersonalized style searches powered by Google Cloud’s gen AI transform online shopping into a boutique experience

AMSTERDAM and SUNNYVALE, Calif., Jan. 13, 2025 /PRNewswire/ — Omoda, a leading Dutch fashion retailer, and Google Cloud today announced a collaboration to transform Omoda’s online shopping experience with AI. Leveraging Google Cloud’s cutting-edge generative AI tools, Omoda launched ‘Omoda Stylist’, a conversational AI agent and ‘Discover the Look’, a feature that reimagines online fashion browsing by helping customers find entire outfits rather than individual items. This approach aims to make fashion exploration more inspiring by enabling shoppers to visualize different styling options.

Omoda believes that showcasing complete outfits sparks creativity and inspires customers to see how individual pieces can work in a variety of looks. With the help of Google Cloud’s Vertex AI platform, and using Gemini models, multimodal embeddings, and Vector Search, Omoda has created a shopping experience similar to having a personal stylist at hand. By using natural language search, customers can effortlessly describe their ideal outfit—such as “a bohemian wedding look” or “smart casual workwear”—and receive curated suggestions that reflect their preferences, body type, and favorite brands. This holistic approach not only improves discoverability but also provides richer insights into styling, fit, and occasions.

“With this collaboration, we’re taking a major step toward fulfilling our vision of bringing the warmth and personalization of boutique shopping to the online world,” said Ewoud Friedlink, CTO, Omoda. “Google Cloud’s generative AI tools are helping us go beyond transactions to inspire our customers, making online shopping an engaging and highly personalized experience. By the end of 2024, we anticipate that 90% of product content—such as descriptions and recommendations—will be AI-generated.”

Innovation driving conversion and loyalty
Omoda’s newly launched conversational AI feature is just the first phase of a broader vision to create a fully immersive and personalized fashion shopping experience. Results from recent tests demonstrate the significant impact generative AI can have on customer engagement:

Higher conversion rates: Customers who engage with the ‘Discover the Look’ feature convert at a rate 2.5 times higher than those who don’t.Enhanced customer inspiration: The new feature, supported by Google Cloud, provides customers with intuitive, natural language searches to deliver personalized outfit recommendations.Intelligent brand matching: Recommendations include items from favorite or complementary brands, ensuring a tailored shopping experience that aligns with customers’ brand preferences.

“By combining Google Cloud’s generative AI with Omoda’s structured data and deep retail expertise, we’re enabling the next era of personalized retail,” said Joost Smit, Head of Benelux, Google Cloud. “This partnership exemplifies how AI can enhance consumer experiences while driving tangible business outcomes for retailers. We’re thrilled to support them on their journey, driving longer-term customer loyalty while bridging the gap between convenience, sustainability, and personalization.”

At the heart of Omoda’s transformation is its robust data infrastructure, powered by Google Cloud’s BigQuery and Looker Studio. These tools ensure structured, real-time data availability, enabling AI-driven recommendations and insights. While the conversational search feature is already live, Omoda is working on next steps, including avatar-based outfit visualization and wardrobe integration.

About Google Cloud
Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated, and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models, and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

About Omoda
Omoda, established in 1875, is the inspiring fashion retailer of the Netherlands. Combining a personalized boutique experience with the convenience of a large retailer, Omoda is the ultimate destination for fashion enthusiasts. With 33 physical stores, the Omoda app, and online shops in the Netherlands, Belgium, and Germany, there is always a store nearby for customers. Since August 2021, Omoda has evolved into a full-fledged fashion retailer, offering not just shoes, bags, and accessories but also clothing for men, women, and children. Omoda, the fashion store that loves you back.

 

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SOURCE Google Cloud

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BankShift Files International Patents to Revolutionize Embedded Banking Technology

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PORTLAND, Ore., Jan. 13, 2025 /PRNewswire/ — ShiftCents, Inc., also known as BankShift, an emerging leader in embedded banking innovation, is proud to announce the submission of an international patent application for its revolutionary Brand On Banking technology. This milestone builds on the company’s success in securing non-provisional patent-pending status in the United States in early 2024, further underscoring BankShift’s commitment to protecting its intellectual property on a global scale while addressing the growing demand for embedded banking solutions that enable financial institutions and brands to deepen consumer engagement and foster loyalty.

 

BankShift empowers financial institutions to white-label their consumer banking products for brands, driving new engagement, value, and loyalty. By leveraging this proprietary solution, financial institutions can distribute banking products within traditionally non-financial experiences, delivering modernized customer experiences while maintaining regulatory compliance.

The market for embedded banking is primed for transformation, representing a $1.5 trillion global fintech opportunity. Traditional financial institutions and brands are actively seeking solutions to seamlessly integrate banking services into their consumer ecosystems, creating deeper relationships and actionable data insights. BankShift is uniquely positioned to meet this need, offering a full-stack, turnkey solution that stands apart from conventional banking-as-a-service providers by enabling direct customer experience management while ensuring regulatory fidelity.

“We’re excited to take this next step in securing our innovation internationally,” said Rob Thacher, Founder and CEO of BankShift. “Our technology, already patent-pending in the United States, positions financial institutions and brands to build stronger, more personalized consumer relationships while driving significant growth together. This international patent filing reinforces our mission to modernize embedded banking and protect the value we bring to our partners.”

BankShift’s Market Impact

Problem: Brands seek to stand out and deepen their connection with consumers by building financial relationships that provide valuable data and insights, ultimately driving sales and retention. However, financial institutions often lack the modern infrastructure and expertise needed to enable embedded banking.Solution: BankShift is a turnkey solution for financial institutions to distribute banking products within traditionally non-financial experiences, maintaining regulatory fidelity while enabling third parties to grow their business and enhance customer experiences to foster loyalty.

BankShift invites financial institutions and popular brands to explore the possibilities unlocked by its embedded banking technology. Consult with them today to learn more about how BankShift can revolutionize your embedded banking offering and elevate your brand presence.

About BankShift:

BankShift is an embedded banking platform built on a banking-as-a-platform model, designed by experts in digital-first innovation. Featuring patent-pending technology, BankShift enables financial institutions to seamlessly integrate banking products into traditionally non-financial experiences. The platform empowers financial institutions and third-party brands to unlock new revenue streams, maintain regulatory compliance, and foster authentic customer loyalty. By redefining the way financial services blend with brand experiences, BankShift creates lasting connections that enhance consumer engagement and elevate everyday financial interactions.

For media inquiries, please contact:
Bernice Gardner
Public Relations
BankShift
bernice@bankshift.com

 

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SOURCE ShiftCents, Inc.

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Vantage Markets Extends Deposit Bonus to Copy Trading Accounts

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PORT VILA, Vanuatu, Jan. 13, 2025 /PRNewswire/ — Vantage Markets, a leader in online trading solutions, has expanded its popular Deposit Bonus promotion to include Copy Trading Accounts, enhancing opportunities for Signal Providers and Copiers to boost their trading potential. With a thriving community of over 69,000 copy traders as of December 2024, this initiative underscores Vantage’s dedication to empowering traders globally.

The Deposit Bonus rewards new and existing users with additional credit on their first and subsequent deposits. Upon deposit, users in selected countries may be awarded complimentary credits, the maximum amount varies regionally, ranging from $5,000 to $20,000.

This initiative allows traders, both Signal Provider and Copies, to:

Ability to select and copy strategies from our diverse range of traders with a wide array of products in their portfolio.Access greater market exposure with enhanced capital via additional credits on the first and subsequent deposits.Develop trading skills through increased market participation.Unlock opportunities for higher potential profits.

Getting started with the Deposit Bonus is simple:

Open a Copy Trading Account: Available for both Signal Providers and Copiers.Make Your First Deposit: Receive up to $500 in complimentary bonus credits (base currency).Make Subsequent Deposits: Enjoy a bonus on additional deposits, capped based on your region.

Austin Law, Vantage Markets Copy Trading Project Manager, shared, “The growth in our Copy Traders is a testament to the strength of our app offerings. We are excited to give users even greater potential to trade their favorite products. This enhancement underscores our commitment to fostering a vibrant and rewarding trading community.”

The program will be a permanent feature in Vantage Markets’ expanding suite of benefits, providing both seasoned and beginner traders with the tools they need to succeed.

For Beginner Traders: Ultra-low barriers to entry, advanced copy modes, and access to a thriving community of over 86,000 traders.For Seasoned Traders: Profit-sharing options up to 50%, strategy flexibility, and seamless MT4/MT5 integration.

Start Your Copy Trading Journey Today

Download the Vantage Markets app now and unlock a world of robust trading features and benefits.

For more information, visit Vantage Markets Copy Trading.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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