Data Center Interconnect Market is expected to reach USD 9,762.59 Million by 2025 from USD 4,000.00 Million, at a CAGR of 11.9% in the forecast period 2020 to 2025.
The major factors driving the growth of this market are the data centers concentrating on the reduction of high power consumption, WAN consolidation and bandwidth requirements, enhanced enterprise demand from vertical and rapid conversion into cloud-based services. On the other hand, high initial investment may hinder the growth of the market.
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Key Points: Global Data Center Interconnect Market
Cisco Systems, Inc. is going to dominate the data center interconnect market following Equinix, Inc., Digital Realty Trust, Ciena Corporation, Nokia, Huawei Technologies Co., Ltd., Infinera Corporation., ADVA Optical Networking, Juniper Networks, Inc., Colt Technology Services Group Limited, Extreme Networks, Inc., Fiber Mountain, Inc., Pluribus Networks, ZTE Corporation, RANOVUS Inc., FUJITSU and Megaport among others.
Market Segmentation: Global Data Center Interconnect Market
- By type (Product, Services, Product)
- By Application (workload and data storage mobility, shared data and resources/server high-availability clusters, real time disaster recovery and business continuity)
- By End User (CNPS/ICPS, communication service providers, enterprises, government)
- By Geography (North America, Europe, Asia–Pacific, South America, Middle-East &Africa)
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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