Data Center Networks Market 2022 to reach USD 19.51 billion by 2028 at 5.5% CAGR, Qualitative Insights Future Demand, Developing Strategies, Innovations and Regional Outlook

Data Center Networks Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The Data Center Networks Market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

The Data Center Networks Market was valued at USD 19.51 billion in 2020 and is expected to reach USD 26.91 billion by 2027 and grow at a CAGR of 5.5% over the forecast period (2022-2027).

Top Key Players are covered in this report: Cisco Systems Inc., Juniper Networks Inc., Arista Networks Inc., H3C Holding Limited, VMware Inc, Huawei Technologies Co. Ltd., Extreme Networks Inc., Equinix Inc., Cumulus Networks Inc., Dell EMC, NEC Corporation, Big Switch Networks Inc., Lenovo Group Ltd.

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Recent Developments:

May 2019 - Nutanix is diving into the secondary storage market with the launch of Nutanix Mine, providing an open platform for all IT operations within the private cloud natively integrated with Veeam and HYCU. Customers will no longer have to buy multiple products and go through the planning and integration process to backup and recover their critical business data

Key Market Trends:

According to the most recent Shopping Index of Salesforce, e-commerce grew 17% in the third quarter in 2018, globally. In the US, the US Census Bureau reported that online commerce represented 9.6% of total retail. Around 87% of the US shoppers began their hunt in digital channels, up from 71% the prior year. This calls for increased use of data centers.

- Personalizing the shopping experience means customers' transaction history to be recorded so that the retailer can provide recommendations. Due to the increasing number of shoppers, the need of data centers has become mandatory.

- With the use of the data center network, there is no need for retailers to worry about storing transaction and customer data at one place, which in turn increases the security of the data.

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Data Center Networks Market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Data Center Networks Market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global Data Center Networks Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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