Global data center networking market share is expected to surpass USD 45 billion by 2026. Rise in technological innovations as well as the adoption of digitalized technologies across several industries will drive data center networking market share over the forecast time period. Rapid transformation of healthcare facilities, education sector and banking & financial companies have relatively increased the use of data that has created a major need for storage.
This has led to the adoption of colocation services by numerous small businesses. There has been a considerable surge in the organizational data traffic as well as big data analytics across the globe, boosting data center networking market size in the next few years.
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An increase such as this induces the government and technology firms to depend on data management systems to empower data centers. A large quantity of data and analytics needs a data center system for accommodation as well as to have abilities that could improve the performance. Data center networking systems help in the efficient storage of data in the field of big data analytics.
Delivery Controllers (ADC) segment has been one of the fastest-growing areas within the data center networking industry. These technologies are essentially used to improve resource efficiency, security and application performance. There has been a rise in the complexity of IT infrastructure, adoption of cloud both by small & large companies and rapid increase in the data center traffic Application.
Furthermore, higher deployment of these services across the financial sector will help bolster data center networking market forecast. North America has been witnessing an increased adoption of IoT, cloud, and big data analytics across various sectors. The rapid growth in the use of connected devices and internet services has resulted in the expansion of data centers within the region, which in turn has boosted the need to install networking equipment.
There has also been an increase in the number of new services for businesses leveraging data centers in Canada. North American data center networking market will hold a significant share and experience a major adoption of advanced technologies. Companies under the public sector have been tackling challenges to deliver improved and quick services to be able to meet the rising demand of the constituents.
Networking plays an important role in delivering data center services that are reliable and secure to fuel the digitalization transformation of enterprises. With the state and local government services gone digital, it is expected for the employees to manage a complicated environment within a short time. This will foster the need for data center networking which in turn supports high-speed data processing.
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The U.K. recorded 60.3 GB of average data traffic, per capita every month in 2016 and has been anticipated to record an increase of 157.6 GC in 2021.
Several market players that are involved in offering reliable and innovative products include Juniper Networks, Dell, Inc., Hewlett-Packard, Microsoft, Arista Networks, Cisco Systems.
Major Key Points from Table of Content:
Chapter 4. Data Center Networking Market, By Component
4.1. Key trends by component
4.2.1. Market estimates and forecast, 2015 – 2026
4.2.2. Ethernet switches
184.108.40.206. Market estimates and forecast, 2015 – 2026
220.127.116.11. Market estimates and forecast, 2015 - 2026
18.104.22.168. Market estimates and forecast, 2015 - 2026
4.2.5. Application Delivery Controllers (ADC)
22.214.171.124. Market estimates and forecast, 2015 – 2026
126.96.36.199. Market estimates and forecast, 2015 – 2026
4.3.1. Market estimates and forecast, 2015 – 2026
4.3.2. Professional services
188.8.131.52. Market estimates and forecast, 2015 – 2026
4.3.3. Managed services
184.108.40.206. Market estimates and forecast, 2015 – 2026
Chapter 5. Data Center Networking Market, By Application
5.1. Key trends by application
5.2.1. Market estimates and forecast, 2015 – 2026
5.3.1. Market estimates and forecast, 2015 – 2026
5.4.1. Market estimates and forecast, 2015 – 2026
5.5.1. Market estimates and forecast, 2015 – 2026
5.6.1. Market estimates and forecast, 2015 – 2026
5.7.1. Market estimates and forecast, 2015 – 2026
5.8. IT & telecom
5.8.1. Market estimates and forecast, 2015 – 2026
5.9.1. Market estimates and forecast, 2015 – 2026
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