The data center networking market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
Mounting demand for robust networking solutions from multiple industry verticals will enhance the growth of the data center networking market. Over the forthcoming years, there will be budding demand for data center routers that permit seamless and secure device connectivity.
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With reference to the component segment, ADC (Application Delivery Controllers) is estimated to be the fastest-growing segment across the market. ADCs are used to improve security, resource efficiency, and application performance. The mounting complexity in IT infrastructure, heavy and fast development in data center traffic are the major factors responsible for the segment growth.
Moreover, extensive adoption of cloud technology by large and small companies would proliferate the market outlook through 2026. By managing the data traffic throughout the network, ADC components help strengthen the communication channels.
Increasing adoption of all ADC components across the financial sector is likely to spur the segment growth in the future.
Speaking of the application segment, the government sector is predicted to witness the highest growth in the market. The companies are increasingly facing consistent pressure to deliver enhanced and fast services to reach the growing needs of constituents. Networking plays a vital role in offering reliable data center services in order to transform the digitalization.
Moreover, as the state and local government agencies and services are going digital, employees are expected to monitor more highly complicated environments in lesser time, further boosting the demand for data center networking which would support high-speed data processing.
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North America data center networking market has emerged as one of the most lucrative regions in the industry and is further anticipated to dominate the market share in the forthcoming timespan. The region is witnessing a heavy movement towards the implementation of advanced technologies.
The U.S and Canada are likely to lead the market expansion in the region through 2026. Growing adoption of IoT, big data analytics, and cloud across the U.S. is likely to be a prominent contributing factor to the industry outlook of the region.
The competitive landscape of data center networking market is inclusive of players like Microsoft Corporation, Hewlett-Packard, Huawei Technologies Co. Ltd., Dell, Inc., Cisco Systems, Inc., Juniper Networks, Ltd., and Arista Networks among others.
Major Key Points from Table of Content:
Chapter 6 Data Center Networking Market, By Application
6.1 Key trends by application
6.2 Colocation
6.2.1 Market estimates and forecast, 2017 – 2027
6.3 BFSI
6.3.1 Market estimates and forecast, 2017 – 2027
6.4 Energy
6.4.1 Market estimates and forecast, 2017 – 2027
6.5 Government
6.5.1 Market estimates and forecast, 2017 – 2027
6.6 Healthcare
6.6.1 Market estimates and forecast, 2017 – 2027
6.7 Manufacturing
6.7.1 Market estimates and forecast, 2017 – 2027
6.8 IT & telecom
6.8.1 Market estimates and forecast, 2017 – 2027
6.9 Others
6.9.1 Market estimates and forecast, 2017 – 2027
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