The
global Data
Center Interconnects Market size is
expected to reach USD 21.7 billion by 2030, growing at a CAGR of 12.6% from
2022 to 2030, according to a new report by Grand View Research, Inc. The
emphasis by the data center providers on latency, throughput, streamlined operations,
intelligence, security, and maintenance is expected to drive the growth of the
industry during the forecast period. The growing need to reduce the number of
hops, and subsequently, the points of failure while routing the internet
traffic is also expected to drive the demand for the market over the forecast
period.
The
demand for Over-The-Top (OTT) services increased during the COVID-19 pandemic,
and organizations opted for cloud computing and pure colocation to support
remote working, thereby driving the demand for DCI solutions. However, the
industry also had to confront a looming shortage of DCI hardware as production
activities at various manufacturing facilities across Taiwan, China, Mexico,
Malaysia, and the U.S. were suspended temporarily. North America dominated the
industry in 2021 and accounted for the maximum revenue share.
North
America is home to several leading telecommunications companies,
well-established suppliers, and incumbents of various end-use industries and
industry verticals. Asia Pacific is expected to emerge as the fastest-growing
region over the forecast period. Implementation of optical transportation
networking equipment in data centers and the continued rollout of long-haul and
metro networks are expected to contribute to the growth of the APAC regional
market.
Related Press
Release@ Data
Center Interconnect Market Report
Data Center Interconnect Market Report Highlights
- The hardware
segment dominated the industry in 2021 and accounted for the largest
revenue share
- The software
segment is anticipated to grow at the fastest CAGR during the forecast
period
- DCI software
solutions help network operators ensure an appropriate combination of
DCI-optimized packet, security, and virtualization technologies to link
data centers, thereby contributing to the segment growth
- The
Communications Service Providers (CSPs) segment dominated the industry in
2021 and accounted for the largest revenue share
- CSPs are
investing aggressively to cater to the growing demand for an increased
capacity for facilitating managed services
- Furthermore,
CSPs are focusing on managed DCI and cloud interconnect services and are
also leveraging their data center assets & central office resources to
offer virtual private cloud services
Related Reports@
Data Center Automation Market
Data Center Interconnect Market Segmentation
Grand
View Research has segmented the global data center interconnect market based on
type, end-use, and region:
Data Center Interconnect Type Outlook (Revenue, USD
Million, 2017 - 2030)
- Hardware
- Software
- Services
Data Center Interconnect End-use Outlook (Revenue,
USD Million, 2017 - 2030)
- Communications
Service Providers (CSPs)
- Internet
Content Providers and Carrier-Neutral Providers (ICPs/CNPs)
- Government/Research
& Education (Government/R&E)
- Others
Data Center Interconnect Regional Outlook (Revenue,
USD Million, 2017 - 2030)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Rest of
Europe
- Asia Pacific
- China
- India
- Japan
- Rest of
Asia Pacific
- Latin
America
- Brazil
- Mexico
- Rest of
Latin America
- Middle East &
Africa
List of Key Players in the Data Center Interconnect
Market
- Ciena Corp.
- NOKIA
- Huawei
Technologies Co., Ltd.
- Juniper
Networks, Inc.
- Infinera
Corp.
- ADVA Optical
Networking
- Cisco
Systems, Inc.
- Extreme
Networks
- Fujitsu
- Colt
Technology Services Group Ltd.
- Brocade
Communication Systems Inc. (Broadcom)
- Microsemi
(Microchip Technology Inc.)
- Arista
Networks, Inc.
- ZTE Corp.
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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