The global demand for Data Center Interconnect Market is presumed to reach the market size of nearly USD 14.29 BN by 2028 from USD 5.34 BN in 2021 with a CAGR of 15.1% under the study period 2022 - 2028.
Data center interconnect is the networking of various data centers to achieve commercial or IT objectives. Data center interconnect connects servers, routers, and multi-tenant data centers to deliver users and data to the appropriate cloud applications and services. It includes network connectivity options at many layers. Data center interconnect is also a key component of data sharing between financial exchanges and third-party service providers that are a part of the bank’s ecosystem of digital services.
Market Dynamics
The growing demand for high-speed internet is rising, and data communication between devices and applications is becoming necessary, further boosting the market. Another key factor driving the data center interconnect is anticipated to be the growing emphasis on reducing high bandwidth and energy usage. Additionally, the increasing demand for disaster recovery and data backup services to ensure company continuity is expected to fuel the market growth of data center interconnect. Owning to the benefits like lowering operational expenses, convenience to use, programmable for automation of back-office tasks, and increase in the traffic of the target audience will further propel the market growth. However, the high initial cost required for setting up data center interconnect may hamper the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of data center interconnect. The growth and trends of data center interconnect industry provide a holistic approach to this study.
Market Segmentation
This section of the data center interconnect market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Software
- Services (Professional Services, Managed Services)
- Product (Packet Optical Networking/Packet Optical Transport, Converged Packet Optical, Packet Switching Networking)
By Application
- Workload And Data Mobility
- Real-Time Disaster Recovery And Business Continuity
- Shared Data And Resources/Server High-Availability Clusters
By End-User
- Government
- Enterprises
- CSPs
- CNPs/ICP
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Data Center Interconnect market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Data Center Interconnect Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data center interconnect market include Huawei Technologies Co., Ltd., Nokia Corporation, Ciena Corporation, Infinera Corporation, Extreme Networks, Inc., Fujitsu Ltd., Cisco Systems, Inc., Colt Technology Services Group Limited, ADVA Optical Networking Se, Juniper Networks, Inc.. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
