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Thursday, October 13, 2022

Global Data Centre Networking Market to reach a Value of USD 47.2 Billion by 2027

Data Centre Networking

The ‘Global Data Centre Networking Market Size, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global data centre networking market, assessing the market on the basis of its segments like product, applications and major regions.

Data Centre Networking Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 23.4 billion

• Forecast CAGR (2022-2027): 12.40%

• Forecast Market Size (2027): USD 47.2 billion

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2021
Market Size in 2021USD 23.4 billion
Revenue Forecast in 2027USD 47.2 billion
Growth Rate CAGR5.4%
Major PlayersDell Inc., ALE International, Cisco Systems, Inc., Equinix, Inc. and IBM Corporation
among others

North America dominates the data center networking sector as a result of the significant demand from businesses for real-time user engagement, the provision of on-demand services, and proficient use of storage devices. The strong network infrastructure and increased use of digital and virtual devices can both be linked to the expansion of the data center networking sector. In addition, the prevalence of cyberattacks is driving up the need for a data center that is extremely secure. The rising adoption of software-defined networking and 5G technologies in North America has boosted the need for SDN-based, 5G-oriented data center networking.

Regionally, Asia Pacific is growing rapidly in this industry as India, China and Japan have thriving industrial and manufacturing sectors. High-speed internet access and the widespread adoption of technologies like cloud, IoT, and AI in this region will help the data center networking sector. The rising demand for data centers that can secure and safeguard information is expected to have a substantial impact on the installation of new data centers and, as a result, the demand for cutting-edge data center networking solutions in the region.

Data Centre Networking Industry Definition and Major Segments

Data center networking describes the interconnection of all network-based devices and equipment in a data center facility. Data center networking creates a digital connection between the infrastructure and equipment of the data center, enabling simple data transmission across a public network. These data center networking normally create a network that is strong, stable, secure, and able to support emerging technologies like virtualization and cloud computing.

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Based on product, the market can be segmented into:

• Routers
• Ethernet Switches
• Storage Area Network (SAN)
• Application Delivery Controllers (ADC)
• Network Security Equipment
• WAN Optimisation Equipment
• Others

Based on applications, the market can be bifurcated into:

• IT and Telecom
• Retail
• Government
• Media and Entertainment
• Others

Based on region, the market can be segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Data Centre Networking Market Trends

High data usage has come from the rising use of digital services such as online banking, mobile wallets, online shopping, and video on demand. As data traffic increases, there will be more projects to enhance IT infrastructure leading to a growth of the global market. Biometric and contactless cards are becoming more and more common, and the smart card market is flourishing. The need for dependable data center networking that supports real-time data transit will be fueled by this aspect. Over the projected period, the increasing expansion of mega data centers and colocation is anticipated to have an impact on the development of the data center networking market. Cloud-based solution adoption, as well as increased corporate data traffic and big data analytics, are likely to move the data center networking sector forward.

Widespread use of 100 Gb switch ports and the rapid expansion of broadband and internet infrastructure are anticipated to boost market growth. The development of new data centers, the replacement of outdated technologies, and the decline in the price of semiconductor components are further factors that are projected to increase demand for data center networking and accelerate market expansion.

Key Market Players

The major players in the Data Centre Networking Market report are:

• Dell Inc
• ALE International
• Cisco Systems, Inc
• Equinix, Inc
• IBM Corporation
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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