MARKET INTRODUCTION
The data center interconnect (DCI) is the technology that connects two or more data centers using high-speed packet-optical connectivity over short, medium, or long distances. With the increasing adoption of cloud-based services by enterprises, the demand for data backup and business continuity has increased, which has led to the growth of the data center interconnect market. Asia Pacific is likely to register the fastest growth for DCI during the forecast period on account of the rising adoption of optical interconnects in data centers.
MARKET DYNAMICS
The data center interconnect market is anticipated to witness decent growth in the forecast period owing to several driving factors such as increasing migration to cloud-based services and growing focus on reducing high power consumption across data centers. Besides, movement to cloud-based services is propelling market growth. However, high initial investment may hinder the growth of the data center interconnect market during the forecast period. Nonetheless, the need for higher Ethernet speed is likely to create significant growth prospects for the key players operating in the data center interconnect market over the coming years.
MARKET SCOPE
The "Global Data Center Interconnect Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of data center interconnect market with detailed market segmentation by component, application, industry vertical, and geography. The global data center interconnect market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data center interconnect market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data center interconnect market is segmented on the basis of component, application, and industry vertical. Based on component, the market is segmented as hardware, software, and services. On the basis of the application, the market is segmented as geo clustering, real-time disaster recovery, and workload mobility. The market on the basis of the industry vertical is classified as BFSI, utility & power, it & telecom, healthcare, retail & e-commerce, government, media & entertainment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data center interconnect market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data center interconnect market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting data center interconnect market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the data center interconnect market in these regions.
MARKET PLAYERS
The reports cover key developments in the data center interconnect market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from data center interconnect market are anticipated to lucrative growth opportunities in the future with the rising demand for data center interconnect in the global market. Below mentioned is the list of few companies engaged in the data center interconnect market.
The report also includes the profiles of key data center interconnect companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ADVA Optical Networking SE
- Ciena Corporation
- Cisco Systems, Inc.
- Colt Technology Services Group Limited
- EKINOPS S.A.
- Extreme Networks, Inc.
- Fujitsu Limited
- Huawei Technologies Co., Ltd.
- Infinera Corp.
- Juniper Networks, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.