Press release
Data Center Networking Market to Reach USD 49.41 Bn by 2029, emerging at a CAGR of 12.4 percent and forecast 2023-2029
Data Center Networking Market
The research methodology involves a thorough analysis of market dynamics at the local, regional, and global levels. A SWOT analysis was conducted to assess the strengths, weaknesses, opportunities, and threats of Data Center Networking competitors. The report employs a bottom-up approach to estimate the market size, ensuring a comprehensive understanding of the industry landscape.
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What are Data Center Networking Market Dynamics:
The major driving factor of the market is the increasing demand for high-speed data connection and the growing need for cloud storage. A huge increment of investments in data center networking technologies is expected to make a lucrative opportunity for market growth globally. Companies use data center networking solutions to manage information flow between data centers and infrastructure assets. Software systems manage the flow of data as well as the workloads of the computers that process it. Uncertainty regarding data protection and an increase in the complexity of data center designs are expected to restrain the market growth during the forecast period.
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Data Center Networking Market Regional Insights:
North America: Held the largest market share in 2022, expected to maintain dominance. Factors include rising demand for on-demand services, efficient storage device utilization, and the growth of cyber-attacks.
Europe: Follows North America in market share, driven by the increasing usage of mobile devices and adoption of cloud computing technology.
Asia-Pacific: Anticipated to grow significantly during the forecast period due to the rise of smart technologies, IoT-powered devices, Big Data, Industry 4.0, 5G, servers, and networking infrastructure.
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What is Data Center Networking Market Segmentation:
by Component Type
1. Services
1.Professional
2.Managed
2.Solutions
1. Ethernet Switches
2. Routers
3. Servers
4. Application Delivery Controllers
5. Others
by End-Users
1. IT and telecom
2. BFSI
3. Retail
4. Healthcare
5.Public sector and utilities
6. Manufacturing
7.Energy
8. Others
Who are Data Center Networking Market Key Players:
1. Broadcom Corp
2. Cisco Systems Inc.
3. Dell Technologies Inc.
4. HPE, Lenovo Group
5. IBM, Intel Corporation
6. Juniper Networks Inc.
7. Microsoft Corporation
8. Oracle Corporation
9. HUAWEI TECHNOLOGIES CO. LTD
10. Fujitsu Ltd.
11. ALCATEL-LUCENT ENTERPRISE
12. Pluribus Networks
13. VMware Inc.
14. Console Connect
15. Edge Micro
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Table of content for the Data Center Networking Market includes:
Global Data Center Networking Market: Research Methodology
Global Data Center Networking Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Data Center Networking Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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