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What’s driving the Data Center Networking Market Trends? | Key players are Arista Networks, Cisco Systems, Inc., Delta Electronics, Inc., Dell, Inc., Hewlett-Packard Enterprise, IBM Corporation, and Juniper Networks

07-09-2019 08:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Data Center Networking Market

Data Center Networking Market

Data Center Networking market 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.

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3. Data Center Networking Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Data center infrastructure industry landscape
3.2.1.1. North America
3.2.1.2. Europe
3.2.1.3. Asia Pacific
3.2.1.4. South America
3.2.1.5. MEA
3.2.2. Internet consumption trends, by region
3.2.2.1. North America
3.2.2.2. Europe
3.2.2.3. Asia Pacific
3.2.2.4. South Americ
3.2.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Technology providers
3.3.4. Network providers
3.3.5. Service providers
3.3.6. System integrators
3.3.7. Distribution channel analysis
3.3.8. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Software-defined networking (SDN)
3.4.2. Edge and hyperscale data centers
3.4.3. Silicon photonics usage in data centers
3.4.4. WLAN optimizers
3.5. Network readiness and internet penetration
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. South America
3.5.5. MEA

Key Companies in Global Data Center Networking Market: -
• Vendor Profiles
• Arista Networks
• Avaya
• Brocade Communications
• Cisco Systems, Inc.
• Dell Inc.
• Delta Electronics, Inc.

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 This growth is largely due to the increase in construction activities and the modernization of the existing outdated technologies by organizations seeking to stay ahead of the competition.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.

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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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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. The data center networking market is subject to constant advancements in technology owing to which companies invest heavily in R&D and strategic partnerships for the development of new technologies.

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

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.

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