According to the report published by Zion Market Research, global demand for data center networking market was valued at approximately USD 19.51 Billion in 2019 and is expected to generate revenue of around USD 28.38 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.
According to the report published by Zion Market Research, global demand for data center networking market was valued at approximately USD 19.51 Billion in 2019 and is expected to generate revenue of around USD 28.38 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.
The data center is nothing but a bunch of resources such as network, storage, and computational that are interconnected by a network, which is worth capable of communicating. Data center network (DCN) plays a key role in the data center because it connects all the resources used together. A scalable and efficient DCN is capable of handling the demand for cloud computing and connecting tens and thousands of networks.
Growing demands for webbing solutions have created an immense need for the transformation of DCN into a bunch of automated resources center. This, indirectly, led to the growth of the global data center network market.
The growing need for high-speed internet users has also given a helping hand in the boost of the global market. The dependability of enterprises on data centers increased productivity, and reduced cost for maintenance are other factors responsible for elevating the development of the global data center network market. Other factors that count in the development of a global data center network include low maintenance cost, high job opportunities, affordable labor charges, low charges for transportation, and the increase in the demand of the market.
The global data center network market is segmented into many types. Based on industry verticals, the global market is segmented as it and telecom, banking financial services and insurance, healthcare, government and defense, media and entertainment, retail, education, and high technology industries. Based on the type of enterprise, the global data center network market is segmented into cloud service providers and telecommunication service providers. The global data center network market is also divided by the type of products into application delivery controllers (ADC), storage area networks (SAN), Ethernet switches, WAN optimization appliances, routers, and system security equipment.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Based on the regions, the global data center network market is spread across the Asia Pacific, North America, the Middle East & Africa, Europe, and Central & South America. North America is said to have the largest growth in the global market due to internet-based data solutions for data optimization and internet penetration. Countries like India and China in the Asia Pacific are said to emerge and will prove outstanding sources for the global data center network market.
The global data center network market is too aggressive. Global players tend to dominate the race, leaving behind the local contenders. Key players include Brocade, Cisco, EMC, Dell, IBM, Extreme Networks, Jupiter networks, Intel, NEC, Microsoft, Fujitsu, Alcatel-Lucent, Vmware, and Hitachi Data Systems.
FrequentlyAsked Questions
Growing demands of webbing solutions have created an immense need for the transformation of DCN into a bunch of automated resources center. This, indirectly, led to the growth of the global data center network market. The growing need for a high speed by internet users has also given a helping hand in the boost of the global market. Dependability of enterprises on the data centers increased productivity, and reduced cost for maintenance are other factors responsible for elevating the development of the global data center network market.
According to Zion Market Research, global demand for the data center networking market is expected to generate revenue of around USD 28.38 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.
North America is said to have the largest growth in the global market due to internet-based data solutions for data optimization and internet penetration.
Some main participants of the data center networking market are Brocade, Cisco, EMC, Dell, IBM, Extreme Networks, Jupiter networks, Intel, NEC, Microsoft, Fujitsu, Alcatel-Lucent, Vmware, and Hitachi Data Systems, among others.
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