Data Center Network Infrastructure Market Forecast and Trends Analysis Research Report 2020-2027

A data centre refers to a building specially designed to house computer systems and associated components, including telecommunications and storage systems. The design of the data center is based on a network of computing and storage resources that enables the delivery of shared applications and data. The data center network offers an efficient way of connecting numerous servers to handle the increasing demand for cloud computing. The networking components consist of routers, network security equipment, and application delivery controllers.

The primary factor propelling the demand of the Global Data Center Network Infrastructure market includes the increasing demand for high-bandwidth switches among colocation service providers at the global level. Various massive companies, including Google, Microsoft, and AWS, are mainly focusing on expanding their footprint by developing new data centers all over the globe, which in turn, will fuel the demand for high-bandwidth switches. In addition to this, the increasing usage of artificial intelligence (AI) technologies in data center networking will have a positive impact on the growing demand for data center network infrastructure market. With the rapid digitalization, the data generated by companies is drastically increasing, which is surging demand for robust networking solutions in the market. The fundamental rise in the need for networking solutions will accelerate the growth of the Global Data Center Network Infrastructure over the coming years. The rising trend of data center virtualization, followed by the adoption of advanced data center operating models, will create new opportunities in the market. On the other hand, the high cost of data center network infrastructure will hamper the growth of the market during the forecast period.

Based on the product, the Storage Area Network (SAN) segment is anticipated to lead the market during the forecast period owing to the increasing adoption of SAN solutions in various organizations to effectively manage their data centers infrastructures without any additional expenses. SAN solution offers exceptional benefits such as centralized control, enhances capacity, and improves scalability and flexibility.

Based on the end-user, the IT and Telecomm segment is expected to grow at a higher CAGR during the forecast period due to the increasing demand for 4G services and the rising infrastructure for provisioning of 5G services. In addition to this, the growing penetration of smartphones and the expansion in the number of telecom subscribers is generate more information, thereby promoting the development of new data centers and subsequently increasing the demand of the Data Center Network Infrastructure market globally. The BFSI segment is anticipated to lead the market during the forecast period owing to the rising demand for robust data center infrastructures to handle user information and secure the transactions efficiently. Various banks and financial institutions are mainly focusing on developing their online platforms and mobile payment systems to capture the changing demand of the end-users. The rising emphasizes towards online platforms will propel the demand for data center networking solutions globally.

Based on the region, the Asia-pacific region is expected to grow at a higher CAGR during the forecast period due to the surging demand for data centers across the Asian countries. The data centers are used for storing and safeguarding the information gathered by different organizations. Various developing economies such as China, India, and other Southeast Asian countries are largely adopting on-demand, cloud-based, and high-speed internet services, which in turn, will accelerate the demand for Data Center Network Infrastructure market in this region.

Various notable players in the Data Center Network Infrastructure market include Alcatel-Lucent S.A., Cisco Systems Inc., Dell Inc., Amazon Web Service, Inc., Equinix Inc., Fujitsu Limited, HP Development Company, L.P., Hitachi Data Systems Corporation, IBM Corporation, Intel Corporation, Juniper Networks Inc., and Vmware, Inc. among others.

Key Developments:

• In 2019, Intel Corporation announced to acquire Barefoot Networks, a data center network start-up company, to meet the growing demand of the hyper-scale cloud customers.
• In 2019, Amazon Web Services planned to open its eighth data center in Hong Kong. The new data center will allow AWS to run their applications locally, comply with local data residency requirements, and provide lower latency for the Hong Kong customers.
  In 2018, IBM Corporation launched 18 new data centers across North America, Europe, and Asia-Pacific, with an aim to expand their global presence and strengthen networking capabilities.

The Global Data Center Network Infrastructure market has been segmented based on the product, end-user, and region. Based on the product, the market is categorized into Ethernet switches, routers, Storage Area Network (SAN), Application Delivery Controllers (ADC), network security equipment, WAN optimization equipment, and others. Based on the end-user, the market is segmented into BFSI, IT & Telecom, Healthcare¸ Retail, Education, Government, Media & Entertainment, Manufacturing, and Others.

About GMI Research 

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Created on May 14th 2020 02:34. Viewed 290 times.

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