Ethernet PHY for Consumer Devices Market Set to Witness Robust Growth Driven by High-Speed Connectivity Demand

The global Ethernet PHY for Consumer Devices market is experiencing strong growth as demand for high-speed, reliable internet connectivity surges across consumer electronics. The proliferation of smart devices, streaming services, and connected home applications is driving the adoption of advanced Ethernet physical layer (PHY) solutions in consumer devices such as smart TVs, gaming consoles, set-top boxes, and network-attached storage systems. Market Intelo estimates the market to be valued at USD 1.14 billion in 2024, with projections to reach USD 2.87 billion by 2032, growing at a CAGR of 11.5% during the forecast period.
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