Hatteras Networks extends worldwide number one reign in ethernet services market
(Research Triangle Park, N.C.) Hatteras Networks has cemented its global dominance in the fastest-growing segment of the carrier Ethernet market, a fact recognized for the 12th consecutive quarter by analyst firm, Heavy Reading. Continued innovations pioneered across the Hatteras product line, such as the award-winning HN6100, the industry’s first multi-service platform, future-proof the company’s worldwide command in the fastest-growing carrier Ethernet market segment, Ethernet over bonded copper pair.
Heavy Reading, in its Carrier Ethernet Access Platforms (CEAP) Quarterly Market Tracker, states it expects the worldwide market to expand by some 85% in coming years, reaching sales totaling nearly $1.9 billion USD by 2013.
“This is a dynamic, crowded market that continues to show strong, persistent growth, despite ongoing challenging economic conditions,” said Stan Hubbard, Senior Analyst, Heavy Reading. “Hatteras Networks defined the concept of mid-band Ethernet and has led the Ethernet over bonded copper pair market on an annual basis for the past three years. Industry feedback indicates carrier sales teams really like their technology because they can get customers up and running faster with Ethernet than with T1/E1s, and they can offer them more capacity for less money.”
“Consistent recognition by a respected firm like Heavy Reading is an honor and reflective of our commitment to our customers, partners, and the markets that we serve,” said Kevin Sheehan, CEO, Hatteras Networks. ”Our close relationship with our partners and our industry-leading innovation enables carriers to deploy differentiated and profitable Ethernet services.”
Hatteras Networks’ solid gains and superior performance across Europe, the Americas, and the Asia-Pacific region solidified its world-leading position in a difficult economy during Q4 2009, as well as for the duration of 2009, a strength consistently reported in each of Heavy Reading’s Carrier Ethernet Access Platforms Quarterly Market Trackers.
The Heavy Reading CEAP Quarterly Market Tracker presents quarterly revenue and market-share data and analysis, as well as revenue projections through the year 2013. For additional information or to purchase the report’s latest edition, please visit the Heavy Reading website at http://www.heavyreading.com.
Hatteras Networks is redefining the way carriers think about Ethernet services. Hatteras Networks’ Carrier Ethernet service delivery solutions are leading service providers worldwide to a significant expansion of the Metro Ethernet market, which had previously been limited by legacy technologies in the access network. Now service providers are empowered to cost-effectively offer 100 Mbps Ethernet services over existing facilities, enabling businesses to migrate from legacy networks to transparent Ethernet services for voice and data business connectivity, infrastructure backhaul and mobile wireless backhaul solutions.
Already deployed on five continents, Hatteras Networks Ethernet solutions are enabling a market expansion for carriers that is as significant for business services as “triple play” is for residential. For more information, visit www.hatterasnetworks.com.
