Data Center Interconnect Market to Garner USD 27.6 Billion by 2031 | Record High Markets Ahead with New launches and Expansion

According to a new report published by Allied Market Research, titled, "Data Center Interconnect Market," The data center interconnect market was valued at $8.2 billion in 2021, and is estimated to reach $27.6 billion by 2031, growing at a CAGR of 13.1% from 2022 to 2031.

Data Center Interconnect (DCI) technology uses high-speed packet-optical communication to connect two or more data centers over brief, medium-term, or long-term distances. Data, applications, and content are stored and processed in data centers. Access to that data is a major problem in today's cloud-based, application-centric world. Data centers must communicate with one another to share information and content and to offer backups for redundancy. Fortunately, DCI technology makes it possible for vital assets to be transported over any distance, including short local distances as well as extremely lengthy trans-Pacific links. Simple point-to-point connections, more durable ROADM-based networks, or open line systems that accept transport interfaces from many vendors can all be used to carry data.

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Crafted for operational ease, the DCI platform facilitates seamless and rapid scalability. It supports a variety of interfaces, modulation schemes, and deployment scenarios, including the option to utilize existing photonic lines. The straightforward operations and swift activation provided by DCI contribute to operational efficiency, business performance enhancement, and an improved overall customer experience. Additionally, it boasts openness and programmability, allowing straightforward automation integration with back-office tools. The incorporation of common management interfaces and industry-standard APIs in modern DCI solutions enables the automation of labor-intensive manual tasks, reducing errors associated with repetitive operations. Furthermore, the high capacity and smooth scalability to multiple terabits of capacity address traffic growth requirements without necessitating significant capital expenditure (CAPEX) or causing network disruptions due to bandwidth exhaustion. Major market players have introduced diverse data center interconnect solutions to bolster their market positions.

For example, in February 2021, AMS-IX unveiled a new data center interconnect service for its customers. This service empowers customers to use the AMS-IX Amsterdam platform for private data movement between different AMS-IX points of presence (PoP), ensuring enhanced network performance and secure, reliable connections. Users can leverage the service to connect AMS-IX Access connections, extend their internet infrastructure, reach other data centers, and engage in buying or selling services. Additionally, the service supports the establishment of a data center backbone, connecting two or more existing data center locations for tasks such as data backups and migrations. These factors have significantly contributed to the growth of the data center interconnect market.

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Moreover, the emphasis by the data center providers on latency, throughput, streamlined operations, intelligence, security, and maintenance is expected to drive the growth of the industry during the forecast period. In addition, the surge in demand for higher bandwidth in line with the continued advances in the latest technologies, such as the Internet of Things (IoT), has triggered the need for linking data centers reliably and cost-effectively, thereby driving the adoption of Data Center Interconnect (DCI) solutions.

On the basis of application, real-time disaster recovery and business continuity segment dominated the data center interconnect market analysis in 2021, and is expected to maintain its dominance in the upcoming years, owing to the rise of automation and digitalization trends in various industries such as healthcare, banking and finance. Furthermore. increase in strategies such as data replication, workload mobility, cloud-based solutions and Business continuity planning (BCP), to support real-time disaster recovery and business continuity in data center interconnect industry. However, shared data and resources segment is expected to witness significant growth, owing to the increasing use of shared storage, such as a storage area network (SAN) or network-attached storage (NAS) system, which allows all servers in the cluster to access the same data.

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The data center interconnect market has been considerably disrupted by the COVID-19 outbreak. The result was a total stoppage of industry and manufacturing all across the world. This pandemic had a significant negative influence on the world economy, which created additional challenges for numerous industries and businesses around the world. Additionally, the data traffic has increased due to the pandemic. Growing need for storage space is a result of emerging technologies like the Internet of Things (IoT), big data, and artificial intelligence. The global investments in data center connection have been driven by this uptick, nevertheless. Additionally, it broadened the market's reach for data centers.

Although the labor scarcity caused a supply chain disruption for the data center construction projects, it was not anticipated that this would cause the completion of many projects to be delayed. This was only noticeable in the first stages. Unexpectedly high levels of video streaming and conference use, particularly during the time of the nationwide lockdown, increased the bandwidth requirements for networks worldwide. The market is currently expanding following the pandemic as a result of quick digitization and more 5G services.

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Leading Market Players

➢ Extreme Networks, Inc
➢ ADVA Optical Networking
➢ Fujitsu Ltd.
➢ Colt Technology Services Group Limited
➢ Huawei Technologies Co., Ltd.
➢ Cisco Systems Inc.
➢ Ciena Corporation
➢ Juniper Networks Inc.
➢ Nokia Corporation

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