According to the report by Expert Market Research (EMR), the global data centre networking market size is projected to grow at a CAGR of 12.40% between 2024 and 2032. Aided by the increasing data traffic and expanding IoT, the market is expected to grow significantly by 2032.
Data centre networking comprises a complex set of technologies and processes that facilitate communication and operation of a data centre’s components. It is pivotal for managing and maintaining the vast amount of data generated by businesses and organisations.
The data centre networking market growth is primarily driven by the increasing demand for cloud services and the growing reliance on virtualisation and automation technologies. As businesses continue to generate and process massive volumes of data, the need for efficient data centre networking solutions that can handle high-speed data transfer and storage becomes imperative.
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The surge in data traffic and the expansion of IoT (Internet of Things) devices are also contributing to the increased need for data centre networking. This rise necessitates more robust and scalable networking infrastructures to manage the data load effectively.
Advancements in networking technology, including the adoption of 5G, AI, and machine learning, are further fuelling the data centre networking market demand. These technologies enhance the efficiency, speed, and security of data centre operations, making networks more responsive and adaptable to changing business needs.
Geographically, the market extends across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is expected to hold a major market share, attributed to the advanced technological infrastructure and the presence of leading market players in the region.
The data centre networking market outlook is being influenced by the ongoing digital transformation and the increasing adoption of cloud services; data centre networks are set to become more integral to business operations.
The global market is poised for significant growth in the coming years, driven by technological advancements, increasing data volumes, and the growing demand for efficient data management solutions. The market offers ample opportunities for innovation and growth, playing a crucial role in the evolving landscape of global data networking.
Data Centre Networking Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
- Routers
- Ethernet Switches
- Storage Area Network (SAN)
- Application Delivery Controllers (ADC)
- Network Security Equipment
- WAN Optimization Equipment
- Others
Market Breakup by Application
- IT & Telecom
- BFSI
- Retail
- Government
- Media and Entertainment
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Data Centre Networking Market
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 networking market. Some of the major players explored in the report by Expert Market Research are as follows:
- Dell Inc.
- ALE International
- Cisco Systems, Inc.
- Equinix, Inc.
- IBM Corporation
- Others
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