The global data center
interconnect market size is projected to grow from USD 7.9 billion in 2020 to USD 14.0
billion by 2025; it is expected to grow at a CAGR of 12.1% from 2020 to 2025.
Drivers such as the migration toward the cloud and the growing borderless
nature of global economy and opportunities such as the anticipated deployment
of 5G and proliferation of applications are expected to fuel the growth of the
data center interconnect industry.
The data center interconnect market for
services is expected to grow at a higher rate during the forecast period
The services market
is expected to grow at the highest rate during the forecast period, as they
help in achieving critical targets, developing a skillset for improving the
internal planning & control process, and remotely managing customers ' IT
infrastructure and systems of end-users. The market for managed services is
expected to grow at a high CAGR as these provide system management, security
management, hardware assurance, and monitoring.
“The enterprise end-user segment of the data center
interconnect market is projected to grow at the highest CAGR in terms of value
during the forecast period.”
Increased employee
mobility, adoption of bring-your-own-device, and bring-your-own-application,
and big data explosion are impacting the future needs and requirements for
enterprise DCI solutions. These include high performance, low latency, and
secure optical WDM solutions. The real-time disaster recovery and business
continuity application is the most common application for enterprise DCI. The
application for dynamic workload scheduling and data replication, particularly
cloud-based, will have growth areas for enterprise DCI in the future.
The data center interconnect market in Asia
Pacific is projected to grow at the highest CAGR in terms of value during the
forecast period.
APAC is expected to
be the fastest-growing data center interconnect industry during the forecast
period. Increasing adoption of optical interconnects in data centers, and metro
and long-haul networks are the major drivers for the growth in this region.
Digital technologies and cloud computing are rapidly transforming the
enterprise communications landscape across China and are driving the need for
more scalable, flexible, and efficient DCI services. Increased demand for wireless
and touch interactivity, video, and demographic analytics is pushing the growth
of the DCI market in this country.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=40733195
Key Market Players
The major players in
the global data center interconnect market are Ciena Corporation (US), NOKIA
Corporation (Finland), Huawei Technologies Co., Ltd. (China), Juniper Network
Inc. (US), Infinera Corporation (US), ADAVA Optical Networking (Germany), CISCO
Systems, Inc. (US), Extreme Network (US), and Fujitsu (Japan).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
“Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with
the clients to identify new opportunities, identify most important customers,
write “Attack, avoid and defend” strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth
emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, “Knowledgestore” connects over
200,000 markets and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™
INC.
630
Dundee Road
Suite
430
Northbrook,
IL 60062
USA: 1-888-600-6441
No comments:
Post a Comment