Data Center Networking Market: Growth Amid New Technological Possibilities | Key Players are Arista Networks, Avaya, Brocade, Cisco, Dell, Delta Electronics, Extreme Networks, IBM, NEC Corporation, Schneider Electric, Siemens, VMware, Amazon, AT&T

The unprecedented evolution of cloud computing technology is undeniably driving new levels of innovation in data center networking market. The extensive penetration of Internet of Things (IoT) has brought a renewed dimension in the business model, where the modern change in traffic patterns expose the limitation of conventional network. In the light of the recent scenario, data center networks are expected to exhibit not only scalability and high performance, but also flexibility, agility, and enhanced automation. Companies ranging from enterprises to cloud service providers are highly influenced by the growing trend of data & network virtualization and are seeking to integrate advanced technology solutions to curtail the overall operational expenditure.

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Key Companies - Alcatel-Lucent, Arista Networks, Avaya, Brocade, Cisco, Dell, Delta Electronics, Extreme Networks, Fujitsu Global, Hewlett Packard Enterprise, Huawei Technologies, IBM, Intel Corporation, Juniper Networks, Microsoft, NEC Corporation, Schneider Electric, Siemens, VMware, Amazon, AT&T, Berkshire Hathaway, Equinix, Facebook, Google, JPMorgan Chase & Co., NTT Communications, Oracle, SAP, Telefónica, Unisys, Verizon

The segmentation of the data center networking market indicates that the solutions segment contributed to over 75% of the overall revenue in 2017. This growth is largely due to the increase in construction activities and the modernization of the existing outdated technologies by organizations seeking to stay ahead of the competition. The adoption of Ethernet switches is anticipated to drive hardware solution growth in the data center networking market owing to companies switching to 100 Gbps ports that allow for faster speeds and the movement of data. ADCs are the important components of the architecture as they are deployed predominantly to support the function of on-premise legacy applications.

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.

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APAC seems to have been depicting a contrasting trend as far as the progress of data center networking market is considered. On one hand, countries like Japan, Singapore and South Korea have been on the technologically advanced path to lead the continent, however, largely nascent markets like Myanmar, Vietnam and Malaysia are yet to progress in the regional sphere. Countries such as India and China though, are now remnant of a higher economy, connected lifestyles, and improved broadband infrastructure, and stand to contribute much to APAC data center networking

Data center networking market giants are betting big on highly advanced storage and memory technologies to gain a competitive edge. Klas Telecom for instance, has recently released an upgraded version of Voyager TDC. Christened as Voyager TDC 2.0, this groundbreaking technology claims to provide users the flexibility of the original system, in addition to NVMe and double storage capacity that ensure better and faster performance. If reports are to be relied on, the company will demonstrate how users can integrate AI and machine learning technology at tactical edge, leveraging the ultra-high-power process capability of Voyager TDC at SOFIC 2018.

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Yet another trend that is quite vivid in the competitive terrain of data center networking industry is technological proliferation via strategic partnerships. All in all, aided by the vast technology landscape where myriad companies are becoming consumer centric and data driven, data center networking market share is forecast to exceed a valuation of USD 35 billion by 2024.

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