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Data Center Networking Market 2018-2024 Top Key Players are: as Siemens AG, Schneider Electric, IBM Corporation, Huawei Technologies Co., Ltd., Extreme Networks, Cisco Systems, Arista Networks

08-02-2018 12:02 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights

Global Market Insights

Market Overview: -

Data Center Networking Market size is projected to reach a revenue of over USD 35 billion in 2024. The rising adoption of cloud-based solutions is anticipated to strongly drive the industry owing to the rise in the activities such as video streaming and social networking. For enterprises, the cloud provides transformative opportunities as it aids in the reduction of costs and improves business efficiency. This necessitates the presence of advanced hardware solutions with cloud computing capabilities, contributing to the heavy growth of the data center networking market.

The rise in the prominence of hyperscale solutions will also drive the demand as they contain a large number of hardware systems such as ADCs and servers. In May 2018, PointOne announced the launch of a hyperscale division that has devoted USD 7.5 billion to the construction of hyperscale campuses for cloud companies, providing an impetus for the data center networking market growth. Hardware devices, such as servers and routers, form the key components of the infrastructure.

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Top Key Players: -

The data center networking market players comprise companies such as Siemens AG, Schneider Electric, IBM Corporation, Huawei Technologies Co., Ltd., Extreme Networks, Cisco Systems, Inc., and Arista Networks.

Market share calculation in this report is not done based on companies covered in it. The calculation of data center networking market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The rise in the number of IT & Telecom players and increase in outsourced activities, primarily to countries of the Asia Pacific region, are fueling the demand for the data center networking market. Telecom providers rely heavily on this architecture to generate higher profits owing to the influx of consumer data. For instance, in July 2017, Odata announced that it was investing USD 100 million in Colombian data centers as a part of its international expansion strategy.

The strong movement toward the cloud and the adoption of highly advanced technologies are the key factors accounting for the dominance of the U.S. in the data center networking market. The country accounts for the increase in data traffic and sports a strong broadband infrastructure, providing an impetus for growth. However, the increase in outsourced service activities and rise in the number of SMEs in Asia Pacific are contributing toward the high projected growth of the region’s data center networking market.

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Partial Chapter of the Table of Content

Chapter 1. Methodology and Scope

1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.1.4.1. Definitions
1.1.4.2. Assumptions, methodology & forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Data center networking industry 3600 synopses, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Component trends
2.1.3.1. Solution trends
2.1.3.2. Service trends
2.1.4. End-use trends

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The rise in the prominence of hyperscale solutions will also drive the demand as they contain a large number of hardware systems such as ADCs and servers. In May 2018, PointOne announced the launch of a hyperscale division that has devoted USD 7.5 billion to the construction of hyperscale campuses for cloud companies, providing an impetus for the data center networking market growth. Hardware devices, such as servers and routers, form the key components of the infrastructure.

In organizations that operate in real-time settings and requires the constant interchange of data, such as banks and financial institutions, the presence of highly functioning and advanced systems is a pre-requisite. Additionally, the movement of data at very fast intervals is required mandating the need for these systems.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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