Predicted Gigabit Ethernet market growth

The worldwide Gigabit Ethernet and 10 Gigabit Ethernet market will reach over $24 billion in end-use sales by 2004, according to Cahners In-Stat Group. In-Stat expects Gigabit Ethernet to grow over 200 % to almost $4 billion in 2000. The prevalence of Ethernet topologies and installed Category 5 copper cable in LANs, the cost competitiveness of copper Gigabit Ethernet products, and the expected 10 Gigabit Ethernet migration into the WAN are responsible for the predicted growth.