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Data Center Networking Market Size to Reach $40.9 Billion By 2025: Grand View Research, Inc

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Data Center Networking Market Size to Reach $40.9 Billion By 2025: Grand View Research, Inc

September 04
12:04 2019
Data Center Networking Market Size to Reach $40.9 Billion By 2025: Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global data center networking market size was valued at USD 19,853.1 million in 2018 and is expected to exhibit a CAGR of 11.0% from 2019 to 2025.

The global data center networking market size is projected to reach USD 40,905.7 million by 2025, registering a CAGR of 11.0% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growing volumes of unstructured data across various industry verticals are expected to drive the demand for data center networking solutions. The proliferation of cloud computing and the emergence of advanced data center operating models are also expected to drive the market growth over the forecast period.

Data center networking helps organizations in organizing and consolidating information at a single platform before it is exposed to cross-channel systems and processes. It also enables organizations to connect effectively with their customers operating in diverse industry verticals. Optimum performance, improved integration of servers, and reduction in operational cost are some of the major benefits that are driving the popularity of data center networking solutions.

Organizations are emphasizing on having a state-of-the-art infrastructure for resolving the concerns and fulfilling the expectations of their customers efficiently. The integrated information is stored, analyzed, and managed on shared platforms using different networking solutions, thereby enabling service providers to modernize their business models and augment their revenues. As such, the growing need for channelizing information to optimize the day-to-day networking operations is expected to drive the demand for data center networking solutions over the forecast period.

The market is also expected to grow in line with the growing preference for cloud-based storage platforms, the increasing need for protecting cyberattacks, and the rising demand for real-time analytics. Data center networking guarantees on-demand access to information and allows businesses to focus on augmenting the sales of their products. Data center networking can also be considered as an efficient mode of disaster recovery as it offers access to clone databases and operational restore & recovery functions.

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/data-center-networking-market

India data center networking market size, by product, 2015 - 2025 (USD Million)

Key Takeaways from the report:

  • Continued digitalization and growing adoption of cloud computing, particularly in Asia Pacific and Europe, are expected to drive the market growth over the forecast period
  • The storage area network (SAN) segment accounted for the largest market share in 2018 and is expected to witness significant growth over the forecast period owing to the rising adoption of different combinations of computation mechanisms
  • The BFSI segment is expected to register the highest CAGR over the forecast period as industry verticals, such as BFSI and IT & Telecom, are particularly focusing on adopting incremental networking technologies to maintain their critical infrastructure assets
  • Asia Pacific is estimated to witness the highest CAGR of over 14% over the forecast period. Aggressive adoption of data center infrastructure in South Asia is expected to drive the growth of the regional market
  • Key data center networking market players include Alcatel-Lucent S.A.; Cisco Systems Inc.; Dell Inc.; Equinix Inc.; HP Development Company, L.P.; Hitachi Data Systems Corporation; IBM Corporation; and Vmware, Inc.; among others
  • Market players are pursuing various strategies, such as mergers & acquisitions and product portfolio expansion, for gaining a competitive advantage over their rivals.

Data center networking market share, by end use, 2018 (%)

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/2831/ibb

Grand View Research has segmented the data center networking market based on product, end use, and region:

Data Center Networking Product Outlook (Revenue, USD Million, 2015 – 2025)

  • Ethernet Switches
  • Routers
  • Storage Area Network (SAN)
  • Application Delivery Controllers (ADC)
  • Network Security Equipment
  • WAN Optimization Equipment
  • Others

Data Center Networking End Use Outlook (Revenue, USD Million, 2015 – 2025)

  • BFSI
  • IT & Telecom
  • Healthcare
  • Retail
  • Education
  • Government
  • Media & Entertainment
  • Manufacturing
  • Others

Data Center Networking Region Outlook (Revenue, USD Million, 2015 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Website: www.grandviewresearch.com/industry-analysis/data-center-networking-market