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Data center interconnect market Research Report Explores The Industry Trends By 2025 | Huawei Technologies Co., Ltd., Nokia Corporation, Ciena Corporation, Infinera Corporation, Extreme Networks, Inc., Fujitsu Ltd., Cisco Systems, Inc.

06-28-2019 03:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Data center interconnect

Data center interconnect

Data center interconnect refers to a technique used to connect and enable networking between two or more different data centers. Data center interconnect is usually done in an enterprise environment to achieve IT and business objectives. One of the advantages of this technique is it allows different data centers to share resources, pass workloads, and work together. Such a technique can also be utilized to pool resources of multiple data centers to meet scalability goals.

Market Overview:
The Global Data Center Interconnect Market was valued at USD 3.35 billion in 2016 and is projected to reach USD 8.04 billion by 2025, growing at a CAGR of 10.21% from 2017 to 2025.

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The factors contributing to the growth of the Data Center Interconnect Market are growing demand for disaster recovery, data backup, and business continuity; and rapid migration to cloud-based services. However, factors such as requirement of high initial investment are hindering the growth of the datacenter interconnect market.

Industry News:
An American multinational company, Juniper Network, announced the expansion of its robust portfolio of services by extending its data center interconnect services. The services offered include open cloud interconnect package that encompasses dense wavelength division multiplexing optical boards for its QFX10000 Layer 3 spine switch, BTI7800 optical transport switch families. It also provides for software to manage the systems.

Competitive Landscape:
The major players in the market are as follows:
Huawei Technologies Co., Ltd., Nokia Corporation, Ciena Corporation, Infinera Corporation, Extreme Networks, Inc., Fujitsu Ltd., Cisco Systems, Inc., Colt Technology Services Group Limited, ADVA Optical Networking Se, Juniper Networks, Inc.

The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

Else Enquire about Data center interconnect Market Research Report before buying: https://www.worldwidemarketreports.com/quiry/249834

About Us:

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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Email: sales@worldwidemarketreports.com

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