Date: 16/08/2011
MPLS spending to reach $2.4 Billion in 2015
New In-Stat research forecasts that MPLS (multiprotocol label switching) is becoming more popular and that spending on the communication's technology will reach $2.4 billion in 2015.
"MPLS is protocol agnostic and highly scalable," says Greg Potter, Analyst. "It was designed to provide a unified data-carrying service for both circuit-based clients and packet-switching clients. A number of different technologies were previously deployed with similar goals, like frame relay and ATM. Newly collected data tells us that the increase in MPLS spending has had a negative impact on some of these other technologies."
Additional data includes:
Frame relay spending will decline 55% from 2010 to 2015.
Spending on cable data services will increase 34% over the forecast period.
Small businesses (20-99 employees) will spend a little over $6.2 billion in 2012.
The healthcare and social services vertical will experience the largest overall gain, increasing $1.2 billion over the forecast period.