Data Center Networking Market

Data Center Networking Market, By Component Type, By Industry Vertical, By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Data center networking is the method of establishing and communicating all physical- and network-based equipment and devices within a data center facility. Data center networking is extremely crucial in data center as it communicates all the data center resources together. Data center infrastructure nodes and equipment to ensure that they can connect and transfer data between one another and on the Internet. With recent advancements in digital technology, the deployment of hyperscale data centers, where data center infrastructure is provided on lease by companies has increased to a great extent. Furthermore, data center network forms a network infrastructure that complies with industry regulations, offers security, stability, and reliability, supports networking requirements for modern technologies, and can fulfill the requirements of network communications in peak usage. Furthermore, growing adoption of cloud computing technologies and virtualization has reduced costs incurred on data storage. Penetration of connected devices such as tablets and smartphones has increased the adoption of data center networking.

Market Dynamics:

There are various factors which are expected to drive the global data center networking market in the forecast period. Usage of cloud data storage combined with cloud computing technologies is increasing in all the industries, use of cloud technology provides flexibility to store the data manage and monitor data anywhere. Industries such as oil and gas are becoming highly dependent upon data for their daily operations. Oil and gas industry collects huge amount of data even before drilling, this data help further decision making and provides relatable data which can reduce cost. Furthermore, factors such as Software-defined networking (SDN) and network function virtualization (NFV) are expected to provide significant market opportunities to key players in the forecast period. SDN and NFV are helping engineers and companies to managing networks by providing them complete software access.

However, increasing complex nature of data centers and uncertainty of laws regarding data protection are expected to hinder the global data center networking market in the forecast period.

This report segments the global data center networking market on the basis of component type, industry vertical and region. On the basis of Component Type Hardware, Software and Services. On the basis of Industry Vertical Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others. On the basis of region, global data center networking market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study: This report provides in-depth analysis of the global Data Center Networking market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players It profiles key players in the global Data Center Networking market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies Key companies covered in the global data center networking market includes Google, Inc., Huawei Technologies Co. Ltd., Cisco Systems, Inc., Brocade Networking Solutions, Hewlett Packard Enterprise, Extreme Networks, Inc., Arista Networks, Avaya, Inc., Juniper Networks, Dell Inc., and Microsoft Corporation. Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics Global Data Center Networking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Data Center Networking marketDetailed Segmentation: Global Data Center Networking Market, By Component Type:HardwareSoftwareServices Global Data Center Networking Market, By Industry Vertical:TelecommunicationsGovernmentRetailMedia & EntertainmentBFSIHealthcareEducationOthers Global Data Center Networking Market, By RegionNorth AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa Company Profiles:Google, Inc.Huawei Technologies Co. Ltd.Cisco Systems, Inc.Brocade Networking SolutionsHewlett Packard EnterpriseExtreme Networks, Inc.Arista NetworksAvaya, Inc.Juniper NetworksDell Inc.Microsoft Corporation.