The Global Data Center Networking Market report by DataGuru Research provides comprehensive industry analysis covering market size, share, growth trends, and forecasts for 2022-2031. This report offers in-depth insights into global, regional, and country-level market dynamics, including product types, end-user verticals, and key regions such as North America, Europe, and Asia Pacific. It analyzes critical factors driving growth, including rising data traffic, bandwidth demands, cloud computing advancements, and business automation practices. The report also includes a competitive landscape featuring major players like Cisco Systems, Juniper Networks, and Arista Networks, detailing their market strategies and recent developments
Market Overview
The Global Data Center Networking Market was valued at USD 6.04 Billion in 2023 and is estimated to reach at USD 10.3 Billion in 2031 growing at a CAGR of 6.12% over the forecast period from 2024-2031. The report would provide you with market size estimates both in terms of revenue (USD Billion) and volume (Billion Units) for the time period from 2022 to 2031. The report would provide various factors responsible for growth of the market across various geographies considered under the scope of the study. The report covers in-depth global and regional level analysis of various market segmentations based on Product, End User Vertical, and Region.
Market Dynamics:
Below are the factors impacting the growth of Data Center Networking Market:
- Data traffic and bandwidth growth
- With internet-of-things (IoT) and Industrial IoT (IIoT), the amount of data has drastically grown in the last 5 years. The industry is also witnessing increase in data-intensive services and applications. The demand for higher network bandwidth is also growing. The above factors will drive the demand for data center networking market
- Growth in cloud computing models and business automation practices
- In the last 10 years, cloud computing has grown at a noteworthy speed. According to statistics, approximately 95% of businesses use some form of cloud computing in their processes. Hybrid cloud solutions, quantum computing, serverless computing, integration of artificial intelligence and machine learning in cloud platforms, are increasingly being adopted for business automation. These factors will facilitate growth in data center networking market.
Regional Analysis
Based on region, Global Data Center Networking Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is divided into United States, Canada, and Mexico. Europe is bifurcated into Germany, U.K., France, Italy, Spain and Rest of Europe. The key countries covered under Asia Pacific region includes China, Japan, India, South East Asia and Rest of Asia Pacific. Middle East & Africa is bifurcated into UAE, Saudi Arabia, South Africa and Rest of MEA. Finally, Latin America is divided into Brazil, Argentina and Rest of Latin America.
Competition Landscape
The report covers company profiles and competition analysis of major players operating under Global Data Center Networking Market. The company profile section includes Company Overview, Financials, Business Overview, Recent Developments, Key Strategies, Product Mapping, Regional Presence, etc. Further, the competition analysis provides you with details about Competitor Overview, Market Share Analysis, Company Performance based on Various Parameters, etc. The major players operating in Global Data Center Networking Market are Cisco Systems Inc., Juniper Networks Inc., Arista Networks Inc., H3C Holding Limited, and VMware Inc.
Market Segmentation
The Global Data Center Networking Market can be segmented on the basis of Product, End User Vertical, and Region. Further, the report would provide a detailed analysis based on below mentioned market segmentation at the global as well regional levels.
Global Data Center Networking Market Scope:
Global Data Center Networking Market | |||
Base Year | 2023 | Historical Year | 2022 |
Forecast Period | 2024-2031 | CAGR (2024-2031) | 16.80% |
Market Size in 2023 | USD 24.5 Billion | Market Size in 2031 | USD 84.9 Billion |
Segments Covered | By Product | • Ethernet switches | |
• Storage Area Network | |||
• Routers | |||
By End User Vertical | • BFSI | ||
• Healthcare | |||
• Retail | |||
• Government |
Global Data Center Networking Market by, Region and Countries:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
Reason to Purchase the Report:
- Latest trends in the market
- In depth market segmentation and cross regional / country analysis
- Market dynamics analysis including drivers, restraints and opportunities in the market
- Market sizing and segment analysis
- Competition Analysis including profiling of key market players
- Market share analysis and key strategies adopted by key players
- Recent developments and technological advancement by key players in the market
- Key takeaways from the research findings to take strategic decision in business needs