Press release
Global Data Center Networking Market to reach USD 49.31 Bn by 2028, growing at a CAGR of 13 percent and forecast (2022-2028)
The Global Data Center Networking market size was valued at USD 20.11 Billion in 2021 and is projected to reach USD 47.31 Billion by 2028, growing at a CAGR of 13% from 2022 to 2028.
Data center networking is the integration of a constellation of networking resources - switching, routing, load balancing, analytics, etc. - to facilitate the storage and processing of applications and data. Data centre networking encompasses the utilization of various networking tools, such as load balancing, switching, routing, and analytics, to facilitate the storage and processing of data and applications. The capacity of data centre networking to handle the efficient transfer of large volumes of data to and from switches, storage endpoints, and servers enables the seamless movement of substantial amounts of information. The growth of the data centre networking market is expected to be influenced by the rapid expansion of mega data centers.
Key Players For The Data Center Networking Market
Arista Networks, Broadcom Inc., Alcatel-Lucent, Avaya Inc., Cisco Systems Inc., Delta Electronics Inc., Dell Inc., Fujitsu Ltd., Extreme Networks, Huawei Technologies Co. Ltd., Hewlett Packard Enterprise, Microsoft Corporation, IBM Corporation, Juniper Networks, Intel Corporation, NEC Corporation and other major key players.
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Market Dynamics:
Driver:
The increasing demand for secure and agile data centers is a significant driver of the adoption of data center networking. With the growing reliance on data-intensive applications and the expansion of cloud computing, organizations are increasingly seeking secure and agile data centers to meet their evolving needs. Data center networking plays a crucial role in ensuring the secure and efficient transfer of data within these data centers. It provides the necessary infrastructure and tools for managing network traffic, optimizing resource utilization, and implementing robust security measures.
Opportunity:
The trend of cloud computing and virtualization presents a significant opportunity for the data centre networking market. Cloud computing has revolutionized the way businesses store, manage, and access their data and applications. It allows organizations to offload their infrastructure and computing needs to cloud service providers, enabling greater flexibility, scalability, and cost-effectiveness. Data centre networking plays a crucial role in supporting cloud computing and virtualization. It ensures seamless connectivity between the various components of the data centre infrastructure, including servers, storage systems, and networking devices.
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis.
Segmentation Analysis Of the Data Center Networking Market
By Component
• Hardware
• Software
• Service
By End User
• Telecommunications
• Government
• Defense
• Retail
• Others
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market role, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin, while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Data Center Networking Market.
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By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Data Center Networking Market
February 2022, As part of its ongoing development into unexplored data centre regions, Meta Platforms Inc. (Facebook Inc.) recently announced intentions to build a USD 800 Million hyperscale campus in Idaho, United States.
Report centrally focuses on in-depth company profiles and competitive analysis, offering valuable insights into market players' overview, market role, operating business segments, and financial performance. By evaluating crucial metrics like production volume, sales volume, and sales margin, we provide a comprehensive understanding of their market standing. In addition, report highlights recent market developments, keeping you informed about emerging opportunities and competitive dynamics.
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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