Data Center Market 2023: Global Business Insights and Development Analysis to 2031 | Edge Micro, Console Connect, Pluribus Networks

The global data center networking market size was US$ 19.8 billion in 2021. The global data center networking market size is estimated to reach US$ 55.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.2% during the forecast period from 2022 to 2030.

Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17159

Data center networking is operating different types of infrastructure efficiently through various networking resources that are used simultaneously. It plays an important role in the processing and storage of data with the help of several networking resources. It is qualified of handling data distribution with increased bandwidth through servers, switches, and storage endpoints. This allows multiple networks to be connected and makes cloud computing possible.

Factors Influencing Market Growth

? The increasing need for high-speed data connection and the rising demand for cloud storage drive the overall market growth.
? The irregularities related to the data security regulatory landscape may hamper the growth of the overall market growth.
? The increase in the construction of new data centers and replacement of existing technologies and the decrease in prices of semiconductor elements are also anticipated to drive the overall market growth.

Effect of the COVID-19 Pandemic

The COVID-19 outbreak has considerably influenced the global market. It led to the total shutdown of production and manufacturing around the world. The overall economy was severely influenced by the pandemic, which also caused hindrances for multiple industries and businesses worldwide. Also, the increase of advanced technologies, for example, big data, the Internet of Things (IoT), and AI have increased the demand for storage volume.

Regional Insights

North America lead the market in 2021, due to the extremely high need from businesses for real-time user contact, on-demand services, and effective storage management.

Asia-Pacific is anticipated to display the highest growth from 2022 to 2030, due to the increase in the importance of IoT-powered devices, smart technologies, Industry 4.0, 5G, Big Data, and cloud computing in the region.

Get a Sample PDF copy of the report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17159

Leading Competitors

The prominent players in the global data center networking market are:

? Edge Micro
? Console Connect
? Pluribus Networks
? VMware
? Oracle Corporation
? Microsoft Corporation
? Juniper Networks
? Intel
? Lenovo Group
? Dell Technologies
? Others

Segmentation Analysis

The global data center networking market segmentation focuses on Components, End Users, and Region.

Segmentation on the basis of Component
? Solution
o Ethernet Switches
o Routers
o Servers
o Application Delivery Controllers
o Others

? Service
o Professional
o Managed

Segmentation on the basis of End User
? Healthcare
? IT and telecom
? Retail
? BFSI
? Public sector and utilities
? Energy
? Manufacturing
? Others

Request Full Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17159

Segmentation on the basis of Region
? North America
? The U.S.
? Canada
? Mexico
? Europe
? Western Europe
? The UK
? Germany
? France
? Italy
? Spain
? Rest of Western Europe
? Eastern Europe
? Poland
? Russia
? Rest of Eastern Europe
? Asia Pacific
? China
? India
? Japan
? Australia & New Zealand
? ASEAN
? Rest of Asia Pacific
? Middle East & Africa (MEA)
? UAE
? Saudi Arabia
? South Africa
? Rest of MEA
? South America
? Brazil
? Argentina
? Rest of South America

Key questions answered in the global market report are:

-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?

Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17159

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/

This release was published on openPR.