Research and Markets (http://www.researchandmarkets.com/research/psbhgh/global_fiber) has announced the addition of the "Global Fiber Channel over Ethernet Market 2011-2015" report to their offering.

TechNavio's analysts forecast the Global Fiber Channel over Ethernet market to grow at a CAGR of 64.15 percent over the period 2011-2015. One of the key factors contributing to this market growth is the growing need for higher bandwidth. The Global Fiber Channel over Ethernet market has also been witnessing the increasing convergence of enterprise networks.

The key vendors dominating this market space are Brocade Communications Systems Inc., Cisco Systems Inc., Emulex Corp., and Qlogic Corp.

The other vendors mentioned in the report are LSI Corp., HP Co., Intel Corp., Arista Networks, IBM Corp., Mellanox Technologies Ltd., Chelsio Communications, ATTO Technology, Myricon Inc., and Neterion Inc.

Commenting on the report, an analyst from TechNavio's Networking team said: ''Enterprise networks are witnessing a rapid increase in the convergence of fiber channel networks and Global Fiber Channel over Ethernet (FCoE) networks. The vendors are incorporating technologies which are compatible with the existing fiber channel infrastructure and convert the data packets such that they can be transmitted through the FCoE networks. There is a small delay that occurs during the conversion from old technology to new technology but the delay is reduced considerably when the entire network is supported by FCoE technology. Convergence of enterprise networks also enables different types of data to be transmitted on a single data transmission medium, which is another advantage for enterprises.''

According to the report, one of the major drivers is the growing need for higher bandwidth in enterprises. Enterprises are looking for solutions that can provide higher bandwidth for their data with better performance. FCoE provides faster transition to higher bandwidth with better reliability.

For more information visit http://www.researchandmarkets.com/research/psbhgh/global_fiber.