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Data Center Networking Market: What are the Future Growth Opportunities? Top Plyers: Alcatel-Lucent, Brocade, Cisco, Dell, Fujitsu Global, Hewlett Packard Enterprise, Huawei Technologies, IBM, Intel Corporation, Microsoft, Schneider Electric, Siemens, VMw

03-11-2020 03:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Data Center Networking Market

Data Center Networking Market

Driven by the rise in organizational data traffic, global data center networking market is set to observe heavy growth in the forthcoming years. In addition, upsurge in big data analytics across the world is also likely to outline industry growth through 2026.

North America data center networking market has emerged as one of the most lucrative regions in the industry and is further anticipated to dominate the market share in the forthcoming timespan. The region is witnessing a heavy movement towards the implementation of advanced technologies.

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The U.S and Canada are likely to lead the market expansion in the region through 2026. Growing adoption of IoT, big data analytics, and cloud across the U.S. is likely to be a prominent contributing factor to the industry outlook of the region.

In addition, growth in the number of new businesses that use data center services across Canada is a major factor pushing the overall market of North America. Increasing use of connected devices and internet services has further led to rise in the need for data centers across North America, thereby driving the demand for data center networking.

Key industry players involved in the Data Center Networking business and promoting the growth of the global Data Center Networking Market are as follows:

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

With reference to the component segment, ADC (Application Delivery Controllers) is estimated to be the fastest-growing segment across the data center networking market. ADCs are used to improve security, resource efficiency, and application performance. The mounting complexity in IT infrastructure, heavy and fast development in data center traffic are the major factors responsible for the segment growth.

Moreover, extensive adoption of cloud technology by large and small companies would proliferate the market outlook through 2026. By managing the data traffic throughout the network, ADC components help strengthen the communication channels.

Increasing adoption of all ADC components across the financial sector is likely to spur the segment growth in the future.

Speaking of the application segment, the government sector is predicted to witness the highest growth in the data center networking market. The companies are increasingly facing consistent pressure to deliver enhanced and fast services to reach the growing needs of constituents. Networking plays a vital role in offering reliable data center services in order to transform the digitalization.

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Moreover, as the state and local government agencies and services are going digital, employees are expected to monitor more highly complicated environments in lesser time, further boosting the demand for data center networking which would support high-speed data processing.

Growing applications in the government sector, rising ADC use, rising adoption across North America are few of the key determinants that would open up lucrative growth avenues for data center networking market players.

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

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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