Consumer and Business Spending on Carrier Ethernet Services Will Nearly Triple Over Five Years, says Insight Research Corp.
MOUNTAIN LAKES, N.J. (SEND2PRESS NEWSWIRE) — U.S. enterprises and consumers are expected to spend more than $44 billion over the next five years on Ethernet services provided by carriers, according to a new market research study from The Insight Research Corporation. With metro-area and wide-area Ethernet services readily available from virtually all major data service providers, the market is expected to grow from $4.0 billion in 2011 to reach nearly $11.1 billion by 2016.