Global Data Center Networking Market Size Was Valued at USD 22.72 Billion In 2022 And Is Projected to Reach USD 60.41 Billion By 2030, Growing at A CAGR of 13% From 2023 To 2030.
Data center networking is the use of various networking tools, such as load balancing, switching, routing, and analytics, to make it easier to store and process data and applications. The intelligent movement of massive volumes of data is made possible by data center networking's capacity to manage high-speed data transport to and from switches, storage endpoints, and servers. The rapid development of mega data centers and colocation is predicted to have an effect on the expansion of the data center networking market from 2022 to 2028. Additionally, it is anticipated that the move to cloud-based solutions, an increase in organizational data traffic, and big data analytics would drive market growth for data centre networking.
Top Key Players Covered In The Data Center Networking Market:
- Delta Electronics Inc. (China)
- Dell Inc. (US)
- Fujitsu Ltd. (Japan)
- Extreme Networks (US)
- Huawei Technologies Co. Ltd. (China)
- Hewlett Packard Enterprise (US)
- Microsoft Corporation (US)
- IBM Corporation (US)
- Juniper Networks (US)
- Intel Corporation (US)
- NEC Corporation (Japan), and other major key players.
Market Dynamics and Factors:
Through cloud computing, social networking, multimedia streaming, mobile usage, telemedicine, and everything in between, modern society is used to constant connectivity and communication. These services, which many people once thought of as "good to have" or an optional amenity, are now expected, making the research and production of optimized optical interconnect that guarantees the smooth operation of data centers a key emphasis area for the market today. With massive amounts of data traveling through optical communications networks each day, the need for high-performance networking (HPN) continues to increase. It is necessary to incorporate the latest technologies to accommodate the rapidly changing needs of data centers to ensure the most advanced communication infrastructures and HDCs are possible.
In response to the increasing demand for data traffic management solutions from a number of business verticals, including BFSI, e-commerce, and government, established market participants are developing their data center footprint in the area. For example, as part of its ongoing growth into unexplored data center regions, Meta Platforms Inc. (Facebook Inc.) announced intentions to build a USD 800M hyper-scale campus in Idaho, U.S., in February 2023. A vast number of interconnected IT devices and the complexity of hyper-scale infrastructures make reliable data center networking components like switches and routers a critical component
Data Center Networking Market Report Highlight:
- By Component, the Service segment is anticipated to lead the growth of the Data Center Networking market in the forecasted timeframe. The increase in the adoption of data center networking is driven by several advantages offered by data center networking such as energy efficiency, owing to extensive adoption of deployment and integration services among end users, as it ensures the effective functioning of data center networking solutions throughout the process.
- By end-users, the Telecommunications segment is set to develop at the highest Share during the forecasted timeframe. Data Center Networking is popular in the telecom operator industry as it can manage a large volume of simulation requests. It is a facility that provides shared access to applications and data using a complex network, computing, and storage infrastructure. Industry standards exist to assist in designing, constructing, and maintaining data center facilities and infrastructures to ensure the data is both secure and highly available.
- The North American region is expected to have the highest share of the Data Center Networking market over the projected period. The presence of prominent key players, as well as an increase in technological advancement, high demand from businesses for on-demand services, real-time user contact, and effective storage management, are the main factors driving the development of the market in this region.
Key Industry Development:
- In January 2023, Microsoft acquired the data processing unit (DPU) startup Fungible. Microsoft said Fungible engineers would join Microsoft’s data center infrastructure engineering team to boost scalability and performance.
- In September 2022, Huawei launched the Easy CloudFabric Solution the latest upgrade to the CloudFabric 3.0 Data Center Network Solution, which stands out with three easy features easy deployment, easy O&M, and easy evolution
Data Center Networking Market Segmentation:
By Component
- Hardware
- Software
- Service
By End Users
- Telecommunications
- Government
- Defense
- Retail
- Others
For this report, Introspective Market Research has segmented the Data Center Networking Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
