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Global Data Center Interconnect Market hit at a CAGR of 11.9% forecast to 2025, with Key Player-Colt Technology Services Group Limited, Extreme Networks Inc. Fiber Mountain Inc. Pluribus Networks, Digital Realty Trust Inc. ZTE Corporation

07-29-2019 07:57 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Data Center Interconnect Market

Data Center Interconnect Market

Global Data Center Interconnect Market is likely to show a substantial growth of 11.9 % during the forecast period 2018-2025. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. Additionally, the study provides expected opportunities in the market. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The company profiles of all the key players and brands that are dominating the Global Data Center Interconnect Market with moves like product launches, joint ventures, mergers and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report. Application Performance Management market report also delivers lists of the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the Industry.

Global Data Center Interconnect Market is expected to reach USD 9,762.59 Million by 2025 from USD 4,000.00 Million in 2017, at a CAGR of 11.9% in the forecast period 2018 to 2025.

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Segmentation:

By type
Product,
Services,
Product

By Application
Workload and data storage mobility,
Shared data and resources/server high-availability clusters,
Real time disaster recovery and business continuity

By End User
CNPS/ICPS,
Communication service providers,
Enterprises, government

By Geography
North America,
Europe,
Asia–Pacific,
South America,
Middle-East &Africa
Drivers:

One of the major factors driving the market for data center interconnect market is data centers concentrating on the reduction of high power consumption, WAN consolidation and bandwidth requirements.
These factors led to the increase in the demand for data center interconnect products.

Enhanced enterprise demands from vertical and rapid conversion into cloud-based services are the other factors driving the growth of the data center interconnect market.

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DATA CENTERS CONCENTRATING ON THE REDUCTION OF HIGH POWER CONSUMPTION, WAN CONSOLIDATION AND BANDWIDTH REQUIREMENTS

Data centers are energy-hungry infrastructures that run large-scale internet-based services. Energy consumption models are pivotal in designing and optimizing energy-efficient operations to curb excessive energy consumption in data centers.
The usage of data centers have grown rapidly over the past several years to increase the efficiency of connected devices.

Key players such are adapting energy efficient methods to run data centers. An analysis conducted by the Lawrence Berkeley Lab found that the amount of energy that data centers consumed was doubling every five years.
If data centers continued on that energy-intensive path, they would consume far more than the nearly 2.0% of total U.S. electricity they currently devour.

This naturally caused major concern of the internet companies is that they would have to pay for the extra costs for the additional power, along with other concerns such as policy-makers and environmentalists. Hence in recent years some of the massive internet companies are focusing on making the data centers operate more efficiently.

RAPID CONVERSION INTO CLOUD-BASED SERVICES

The main difference between a cloud and a data center is that a cloud is an off-premise form of computing that stores data on the internet, whereas a data center refers to on-premise hardware that stores data within an organization’s local network.

Cloud computing has three main types that are commonly referred to as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).

Selecting the right type of cloud computing for various needs of the user strike the right balance of control and the avoidance of undifferentiated heavy lifting
The cloud services are outsourced to third-party cloud providers who perform all updates such as infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS) and business process as a service (BPaaS) in the system and do the ongoing maintenance while the data centers are typically run by an in-house IT department.

Cloud service providers use data centers to house cloud services and cloud-based resources. Vendors also often own multiple data centers in several geographic locations to safeguard data availability during outages and other data center failures for cloud-hosting purposes.

Major Players:

Some of the major players operating in this market are-

Ciena Corporation,
Nokia,
Huawei Technologies Co., Ltd.,
Cisco Systems, Inc.,
Infinera Corporation.,
ADVA Optical Networking,
Juniper Networks, Inc.,
Colt Technology Services Group Limited,
Extreme Networks, Inc.,
Fiber Mountain, Inc.,
Pluribus Networks,
Digital Realty Trust, Inc.,
ZTE Corporation,
RANOVUS Inc.,
FUJITSU,
Megaport and
Equinix Inc. Among others.

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Report highlights:

To gain information about the top players in this industry, their product portfolios, and their key strategies
Key parameters which are driving this market and restraining its growth
Comprehensive quantitative analysis of the industry is provided for the period 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
What all challenges manufacturers will face as well as new opportunities and threats faced by them.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Global Data Center Interconnect Market research report gathers and investigates information on Data Center Interconnect socioeconomics, trends, clients’ needs, and purchasing tendency to recognize potential markets and factors influencing product demand. Generally market research is quite a tedious job, it requires extensive amount of thinking and searching of facts, so as to save the client’s crucial time this Global Data Center Interconnect Market report has been designed. The Global Data Center Interconnect Market report is designed to provide solutions that are realistic and practical and which can benefit the clients in every way possible. This report helps the clients to research the market thoroughly before launching a new service or a product.

Contact Us-

Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.

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