Data Center Interconnect Market By Type (Products, Software, Services), By Application (Real-time Disaster Recovery and Business Continuity, Workload (VM) and Data Mobility, Shared Data and Resources), By End User (Communication Service Providers, Internet Content Providers, Government, Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2031
Data center interconnect (DCI) connects two or more data centers together over short, medium, or long distances using high-speed packet-optical connectivity. It connects routers and servers to each other or to multi-tenant data centers, so to get users and data to the right cloud applications and services. Furthermore, the technology is deployed in industries around the world. It helps hospitals meet rigorous business and clinical needs and prepare for growth. In fintech, DCI technologies provide the networking infrastructure banks need to support traffic for a full range of digital products, from digital money transfers to real-time payments, and open banking via APIs. Such factors boost the demand for data center interconnect, resulting in market growth.
Increase in adoption cloud-based solutions and the increase in the utilization of cloud storage for driving the adoption are driving the growth of the market. In addition, the cost-efficient benefits of data center interconnect solutions in are fueling the growth of data center interconnect market. However, the significant upfront expenditure required to set data centers limit the growth of this market. Conversely, the escalating demands for business continuity and disaster recovery is anticipated to provide numerous opportunities for the expansion of the market during the forecast period.
The data center interconnect market is segmented on the basis of type, application, end user and region. On the basis of type, it is segregated into hardware, software and services. On the basis of application, it is bifurcated into workload (VM) and data (storage) mobility, real-time disaster recovery and business continuity, and shared data and resources/server high-availability clusters. On the basis end user, it is classified into BFSI, IT & telecom, healthcare, media and entertainment, retail, education and other. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global data center interconnect in manufacturing market is dominated by key players such as ADVA Optical Networking, Ciena Corporation, Cisco Systems, Inc., Colt Technology Services, Extreme Networks, Fujitsu Group, Huawei Technologies Co. Ltd., Infinera Corporation, Juniper Networks, Inc., and Nokia Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the data center interconnect market analysis from 2021 to 2031 to identify the prevailing data center interconnect market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the data center interconnect market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global data center interconnect market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeProducts
Software
Services
By ApplicationReal-time Disaster Recovery and Business Continuity
Workload (VM) and Data Mobility
Shared Data and Resources
By End UserCommunication Service Providers
Internet Content Providers
Government
Enterprises
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Ciena Corporation
Huawei Technologies Co., Ltd.
Nokia Corporation
Cisco Systems Inc.
Fujitsu Ltd.
ADVA Optical Networking
Extreme Networks, Inc
Infinera Corporation
Juniper Networks Inc.
Colt Technology Services Group Limited
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