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 analysis encompasses a thorough examination of data center networking companies, including extensive profiles and financial performance assessments. Market dynamics are analyzed at local, regional, and global levels, incorporating SWOT analysis to highlight competitors' strengths, weaknesses, opportunities, and threats. The market size estimation is conducted through a meticulous bottom-up approach.
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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: Leading the global market, North America is characterized by a rising demand for on-demand services and efficient storage device utilization. Factors like cloud computing adoption, virtualization, and the prevalence of cyber-attacks are driving market growth.
Europe: Following North America, Europe is witnessing substantial growth in data center establishments, particularly in countries like the U.K., France, and Germany, fueled by the proliferation of mobile devices and the need for efficient data management systems.
Asia Pacific: Expected to exhibit significant growth, the Asia Pacific region is experiencing a surge in smart technologies, IoT adoption, Big Data utilization, and the expansion of networking infrastructure, driven by rapid digitalization and cloud computing acceptance.
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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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