According to the report by Expert Market Research (EMR), the global data centre network infrastructure market size is projected to grow at a CAGR of 13% between 2024 and 2032. Aided by the mounting need for high-speed data processing and the evolution of digital enterprises, the market is expected to grow significantly by 2032.
Data centre network infrastructure refers to the amalgamation of physical hardware (servers, storage devices, network devices) and virtual components (virtual machines, virtual switches) that form the backbone of modern IT operations for businesses worldwide. This infrastructure ensures smooth and efficient communication between connected devices, the retrieval and storage of data, and optimised application service delivery. With the increasing complexity of organisational operations, the demand for robust, secure, and scalable network infrastructures is reaching unprecedented levels.
One of the pivotal driving forces behind the data centre network infrastructure market growth is the meteoric rise in data generation and consumption. As organisations continue to transition towards digital business models, there’s an influx of structured and unstructured data. This deluge of data requires advanced infrastructure solutions that can store, process, and analyse data in real-time, ensuring business continuity and decision-making.
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Another crucial factor is the rapid adoption of cloud services. Companies, both large-scale enterprises and burgeoning start-ups, are shifting towards cloud-based models, either wholly or as a hybrid approach, thereby shaping the data centre network infrastructure market outlook. This shift necessitates the expansion and enhancement of data centre network infrastructure to support cloud operations, which inherently demand high availability, resilience, and agility.
Moreover, the Internet of Things (IoT) revolution has further emphasised the importance of robust data centre network infrastructure. As billions of devices get interconnected, generating copious amounts of data, the need for scalable, agile, and secure infrastructure is paramount.
However, it’s not just about connecting devices or processing data. Modern challenges require modern solutions. The wave of digitisation and remote working models introduced by global phenomena like the COVID-19 pandemic has accelerated the adoption of Software-Defined Networking (SDN) and Network Function Virtualization (NFV) in data centres. These technologies allow for greater flexibility, automation, and scalability in managing vast and intricate network infrastructures.
The ongoing transition to 5G technology in telecommunications further augments the data centre network infrastructure market demand. As 5G promises faster data transfer speeds, reduced latency, and enhanced connectivity, it will inevitably drive demand for upgraded and expanded data centre capabilities.
Simultaneously, data security remains a cardinal concern. With escalating cyber threats, ensuring the security of both the physical and virtual components of data centre network infrastructure has gained prominence. Companies are investing extensively in advanced security solutions, firewalls, and intrusion detection systems to shield their vital assets.
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Data Centre Network Infrastructure Market Segmentation
The market can be divided based on technology, product, application, and region.
Market Breakup by Technology
- Ethernet Switches
- Data Centre Interconnect
- Routers
- Others
Market Breakup by Product
- Cooling
- Power
- IT Racks and Enclosures
- LV/MV Distribution
- Networking Equipment
- DCIM
Market Breakup by Application
- BFSI
- Colocation
- Government
- Healthcare
- Manufacturing
- IT and Telecom
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data centre network infrastructure market. Some of the major players explored in the report by Expert Market Research are as follows:
- Arista Networks Inc.
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co. Ltd.
- Juniper Networks Inc.
- Others
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