Data Center Networking Market to surpass USD 35 billion by 2024 - PowerPoint PPT Presentation

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Data Center Networking Market to surpass USD 35 billion by 2024


Request Sample of Report @ The data center networking market by end use indicates that the IT & telecom sector are prime users of the technology, which is expected to be valued over 9.5 billion by 2024. Large-scale construction activities by companies such as Amazon and NTT Communications have contributed to this heavy demand. For instance, NTT Communications has invested USD 160 million in the construction of data centers in India. – PowerPoint PPT presentation

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Title: Data Center Networking Market to surpass USD 35 billion by 2024

Data Center Networking Market in services segment
to hit 8bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Data Center Networking Market
  • Data Center Networking Market was estimated at
    over USD 14 billion in 2017, and is set to reach
    USD 35 billion by 2024 according to a new
    research report by Global Market Insights,
    Inc.The high growth of the data center networking
    market is strongly aided by the increasing focus
    of data centers to improve the bandwidth speed
    and connectivity.
  • Data centers located in faraway location and in
    colocation settings store large databases of
    information that are required immediately. In
    such a scenario, lags in the relay of data can be
    detrimental to business operations, fueling the
    demand for advanced networking technologies such
    as 100 Gbps and 400 Gbps Ethernet switches and
    silicon photonics.
  • The segmentation of the data center networking
    market indicates that the services segment is
    anticipated to witness a significant growth to
    reach over USD 8 billion by 2024. Organizations
    are increasingly outsourcing management
    activities such as consulting, repairing, and
    maintenance to licensed external players.

  • The increase in the construction and
    modernization of facilities is contributing to
    the increase of professional services such as
    installation and integration. Additionally,
    various organizations do not understand their
    network requirements such as the scalability of
    their infrastructure and, in most cases,
    undermine or overestimate their network and
    storage requirements, making consulting in the
    data center networking market a prime requisite.
  • The trends in the market indicates that IT
    Telecom and BFSI sectors are prime adopters of
    the technology with BFSI sector valued at over
    USD 2.5 billion in 2017. These enterprises are
    required to store and access large amounts of
    data, which need to be accessed in real time.
    Additionally, financial services firms need
    reliable and fast connectivity to support latency
    applications for tasks such as online trading and
    payment processing.
  • Countries including China and India have become
    hubs of outsourced services owing to the low
    costs of resources such as labor, technology, and
    space. India market was over USD 450 million in
    2017. In the aftermath of the Digital India
    campaign .

China data center networking market size, by
end-use, 2017 2024 (USD Million)


Browse Full Market Research Report On Data
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  • The declining costs of semiconductor components
    are anticipated to drive the growth of the data
    center networking market. Th advent of
    technologies, primarily in countries including
    India and the Philippines is done at relatively
    lower costs as compared to their Western
    counterparts, contributing to a strong growth
    potential of the industry. Additionally, the
    trend of outsourcing to emerging Asian countries
    is further driving the industry.
  • The players operating in the data center
    networking industry comprise Brocade
    Communications, Arista Networks, Cisco Systems,
    Inc., Delta Electronics, Inc., Dell, Inc.,
    Hewlett-Packard Enterprise, IBM Corporation, and
    Juniper Networks. As the market comprises many
    players, companies are required to undertake
    strategies like partnerships, mergers and
    acquisitions, and invest heavily in RD to
    sustain continuous growth. For instance, in
    February 2015, Hewlett-Packard Enterprise
    announced the launch of a new line of open
    network switches for web-scale cloud data
    centers. The product launch is anticipated to
    further improve its hold in the provision of
    cloud capable solutions in the industry.

Industry Coverage

Table OF Content
Chapter 1. Methodology and Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Definition and forecast
parameters Definitions
Assumptions, methodology forecast
parameters 1.2. Data Sources 1.2.1.
Primary 1.2.2. Secondary Chapter 2. Executive
Summary 2.1. Data center networking industry
3600 synopses, 2013 - 2024 2.1.1. Business
trends 2.1.2. Regional trends 2.1.3. Component
trends Solution trends
Service trends 2.1.4. End-use trends
Chapter 3. Data Center Networking Industry
Insights 3.1. Industry segmentation 3.2.
Industry landscape, 2013 2024 3.2.1. Data
center infrastructure industry landscape
North America Europe
Asia Pacific South America
MEA 3.2.2. Internet consumption trends, by
region North America
Europe Asia Pacific South
America MEA
3.3. Industry ecosystem analysis 3.3.1. Raw
material suppliers 3.3.2. Manufacturers 3.3.3.
Technology providers 3.3.4. Network
providers 3.3.5. Service providers 3.3.6. System
integrators 3.3.7. Distribution channel
analysis 3.3.8. Vendor matrix 3.4. Technology
innovation landscape 3.4.1. Software-defined
networking (SDN) 3.4.2. Edge and hyperscale data
centers 3.4.3. Silicon photonics usage in data
centers 3.4.4. WLAN optimizers 3.5. Network
readiness and internet penetration 3.5.1. North
America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4.
South America 3.5.5. MEA
3.6. Regulatory landscape 3.6.1. North
America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4.
South America 3.6.5. MEA 3.7. Industry impact
forces 3.7.1. Growth drivers
Transition to cloud-based solutions in the
U.S. Increase in organizational data
traffic and big data analytics in U.K and
Germany Growth of mega data centers
and trend of collocation in China, India, and
Mexico Rising adoption of 100Gb
switch ports in the U.S. and UK
Development of broadband and internet
infrastructure in India and Philippines
Continued... Increase in construction of new data
centers and replacement of existing technologies
in parts of South America Decline in
costs of semiconductor components in Asia
Pacific Movement from HDDs to SSDs in
data centers across the world 3.7.2. Industry
pitfalls challenges Demand for
highly skilled workforce for product
development Irregularities in the
data protection regulatory landscape 3.8. Growth
potential analysis 3.9. Porter's analysis 3.10.
Competitive landscape, 2017 3.10.1. Strategy
dashboard 3.11. PESTEL analysis
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