Data Center Interconnect Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Report Code: ZMR-3035 | Report Format : | Status : Upcoming |

Abstract

Global Data Center Interconnect Market: Overview

Businesses, Enterprises like manufacturing companies, healthcare companies. Retail, need to securely backup their data and replicate data and applications between multiple locations. Data centers Interconnect (DCI) helps organizations to link and connect two or more peer data centers using cloud services. Organizations are now focusing on virtualization of their data centers in order to minimize the costs and the need for efficiency since the different data centers allow to share resources and work.

Global Data Center Interconnect Market: Growth Factors

The global data center interconnect market is driven by cloud computing, big data and compelling economics of virtualization. The growing demand for disaster recovery and data backup are the factors that are projected to propel the growth of the data center interconnect market considerably. Also, adoption of cloud-based services is one of the major drivers. Furthermore, reduction of high power consumption and high bandwidth requirements across data centers are ultimately fuelling the growth of the global data center interconnect market. On the other hand, high initial investment is likely to restrain the development of the data center interconnect market worldwide.

Global Data Center Interconnect Market: Segmentation

The global data center interconnect market is segmented in terms of type, application, end-user type and region. In terms of application, the global data center interconnect market is divided into Shared data and resources high availability clusters, Real-time disaster recovery and business continuity and Workload and data mobility. On the basis of type, the global data center interconnect market is segmented into Product, Services, and Software. The Product type of data center interconnect market is further sub-segmented into Packet optical networking, Packet switching networking and Converged packet optical. Under Services, the global data center interconnect market is bifurcated into Professional and Managed Services. Professional services are further sub-divided into Consulting and integration and Training, support and maintenance. On the basis of end-user type, the global data center interconnect market is classified into CNPs/ ICPs, CSPs, Government, and Enterprises. Under Enterprises, the global data center interconnect market is classified into Utility and power, Banking and finance, Retail and E-commerce, Healthcare and Others (manufacturing, transportation, insurance, and education)

Global Data Center Interconnect Market: Regional Analysis

In terms of region, the global data center interconnect market is dominated by North America followed by Asia Pacific region. The market in North America is expected to grow as a result of the increasing usage of data centers across various business verticals and due to its early adoption of the latest technologies. Moreover, the growth rate is driven by countries like U.S. wherein data centers manage the high volume of data generated fuelling the market growth. Asia Pacific region is projected to experience a strong development in the coming future owing to the occurrence of emerging economies such as India and China due to adoption and increasing use of cloud-based services.

Global Data Center Interconnect Market: Competitive Players

Some of the most important market players in the global data center interconnect market are ADVA Optical Networking SE, Nokia Corporation, Colt Technology Services Group Ltd., Fujitsu Ltd., Brocade Communications Systems Inc., Ciena Corporation, ZTE Corporation, Cisco Systems Inc. and Juniper Networks Inc. among others.

Global Data Center Interconnect Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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