"Smart Strategies, Giving Speed to your Growth Trajectory"

Data Center Networking Market Size, Share & Industry Analysis, By Component (Products, Services) By Industry (BFSI, IT & Telecommunication, Healthcare, Retail, Education, Government, Media & Entertainment, Manufacturing, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI104834 | Status : Ongoing

 

KEY MARKET INSIGHTS

In today’s intelligent era, data centers are facing unprecedent challenges which are difficult to manage through traditional operation and management methods. Also, increasing service traffics, growing data silos, and underulization of data are some of the challenges faced by the data center opeartors. Data center networking (DCN) technology minimizes risk, cost, and complexity in multi-cloud environments. It simplifies the model, improves efficiency, and delivers a high-performance network. Growing usage of mobile and computing devices generates a massive amount of data that has propelled the need for data center networking for efficient data and operation management. The capability to deliver high performance and low latency features for dynamic and effective automation is driving the DCN adoption. Massive adoption of data center infrastructure across several industries is the key factor that drives the market growth. Also, trends like virtualization, consolidation, and cloud computing have significant implications on market growth. Further, growing cyberattacks are demanding a highly secure data center infrastructure, which boosts the DCN demand.  


Network functions virtualization (NFV) and software-defined network (SDN) technologies become preferable over traditional data center networks owing to their affordability and compatibility. IT and telecommunication sector is rapidly moving towards these alternatives as they are easy to handle, upgrade, and modify. Moreover, in the fast pacing business landscape, organizations are shifting to the advanced service delivery models. These advanced business service models are demanding dynamic, secure, and flexible data center infrastructure. Thus, businesses are promoting data center networking demand to improve their service delivery models.

Key Market Driver -

• Increasing demand for secure and agile data centers to enhance the adoption • Trend of cloud computing and virtualization to drive the market growth • Growing cyberattacks to boost the demand

Key Market Restraint -

• Data and access control compliances and policies to increase system complexity

   

Key Players Covered:


A highly competitive business landscape encourages market players to invest their efforts into the research and development activities to best meet the needs of customers. The leading market players are investing in the next-generation data center networking solutions. In July 2020, Nokia Corporation has announced the release of a modern network operating system (NOS) and an operations toolkit that enables cloud users to adapt, automate, and scale the data center networking operations. Key companies are adopting various business strategies such as partnerships, collaborations, mergers, and acquisitions to enhance their market presence. These strategies are further helping to expand their business network geographically.

Key companies summarised includes Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Zoho Corp., Facebook, Inc., Nokia Corporation, Juniper Networks, Inc., Dell Inc., Arista Networks, Huawei Technologies Co., Ltd., Epsilon Telecommunications Limited., Microsoft Coprporation, Avaya Inc., Extreme Networks Inc., Brocade networking solutions,  and among others.

Regional Analysis:


North America is expecting to emerge as a dominant region in the global data center networking market. This dominance is attributed to the rapidly developing data center infrastructure across the region. The rising demand for on-demand services, and efficient use of storage devices is likely to accelerate market growth. Massive adoption of virtualization, cloud computing technology, and efficient storage systems are further stimulating the demand for data center networking across the region. Apart from this, growing cyberattacks are escalating the demand for highly secure data center. The growing penetration of software defined networking and 5G technology has escalated the demand for SDN-based, 5G oriented data center networking in North America.

In Europe, increasing usage of mobile devices is resulting in the massive generation of data, which drives the need for an efficient data management system. Europe is showcasing significant development in cloud computing technology. As per the report published by ‘Tech UK’ in July 2019, cloud services adoption had risen in the United Kingdom during 2016-2018 from 36% to 41.9%. The progressive adoption of cloud computing technology among European nations is expected to drive the demand for cloud data center networking in the coming years. 

Asia-Pacific is anticipated to fuel the data center networking market owing to the ongoing rapid digitalization. The demand is further accelerated by the growing adoption of storage, server, and networking infrastructure. Increasing acceptance of cloud computing is probable to drive the demand for DCN across Asia-pacific.   

To gain extensive insights into the market, Request for Customization


Segmentation  






















 ATTRIBUTE

  DETAILS

By Component

 



  • Products

    • Storage Area Network (SAN)

    • Application Delivery Controllers (ADC)

    • Ethernet Switches

    • WAN Optimization Equipment

    • Network Security Equipment

    • Routers

    • Others (Firewalls, etc.)



  • Services

    • Professional Services

    • Managed Services





By Industry



  • BFSI

  • IT & Telecommunication

  • Healthcare

  • Retail

  • Education

  • Government

  • Media & Entertainment

  • Manufacturing

  • Others (Energy, etc.)



By Geography



  • North America (the United States, Canada, and Mexico)

  • South America (Brazil, Argentina, and Rest of South America)

  • Europe (the U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)



Key Industry Developments



  • September 2019: Epsilon Telecommunications Limited. partnered with Business Connexion (Pty) Ltd to deliver enhanced data center interconnection (DCI) services for enterprises across South Africa. The service enables the company to manage network services from a single port along with seamless global connectivity.

  • November 2019: Arista Networks introduced a solution named ‘CloudEOS’ to enhance cloud networking. The solution enables consistent monitoring, provisioning, telemetry, and troubleshooting from data center to the cloud.


  • Ongoing
  • 2023
  • 2019-2022

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Hitachi
Softbank
Kpmg
Google
Dell

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X