Israel Data Center Networking Market Size Study, by Product (Ethernet Switches, Routers, Storage Area Network, Application Delivery Controller, Other Networking Equipment) by Services (Installation & Integration, Training & Consulting, Support & Maintenan

Israel Data Center Networking Market Size Study, by Product (Ethernet Switches, Routers, Storage Area Network, Application Delivery Controller, Other Networking Equipment) by Services (Installation & Integration, Training & Consulting, Support & Maintenance), by End-User (IT & Telecommunication, BFSI, Government, Media & Entertainment, Other End-Users) and Forecasts 2022-2032

Israel Data Center Networking Market is valued at approximately USD 93.02 Million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2024-2032. The burgeoning demand for cloud computing among small and medium-sized enterprises (SMEs), coupled with stringent government regulations regarding local data security and substantial investments by domestic players, are propelling the growth of data centers within the country. Additionally, Israel’s consumption of electricity, measured per capita, reflects fluctuating trends yet underscores the nation's capacity to support extensive data center operations.

The Israel data center networking market is experiencing significant growth driven by increasing demand for cloud services, big data analytics, and the expansion of digital services. Key factors contributing to this growth include the proliferation of data-intensive applications and the need for robust and scalable networking solutions to support them. The market is characterized by the presence of major global and local players offering advanced networking technologies such as high-speed Ethernet, software-defined networking (SDN), and network function virtualization (NFV). Innovations in artificial intelligence (AI) and machine learning (ML) are also being integrated into data center networking to enhance performance and security. Furthermore, Israel's strong tech ecosystem, coupled with substantial investments in IT infrastructure, is fostering the development of state-of-the-art data centers. However, challenges such as high operational costs, cybersecurity threats, and the need for continuous technological upgrades pose obstacles to market growth. Despite these challenges, the market is poised for further expansion, driven by ongoing digital transformation initiatives and the increasing adoption of edge computing and IoT technologies.

The Ethernet switch segment is poised to dominate the market, given its foundational role in networking infrastructure. These switches facilitate the seamless integration of various wired devices, such as computers and servers, onto an Ethernet LAN, ensuring efficient communication. The industrial sector, particularly smart grids and substation automation, extensively leverages Ethernet switches for reducing cabling complexities and enhancing network integration. The recent innovations by Siemens, including the Scalance XC/XR-300 series, highlight the continuous advancements in this segment, aimed at next-generation industrial networks.

The IT & telecommunication sector is projected to be the largest segment, driven by significant GDP growth and increased IT investments. The adoption of cloud services, resource management, and data storage solutions is widespread across various industries, including healthcare, BFSI, and retail. For instance, Microsoft's launch of its first cloud services in Israel exemplifies this trend. Furthermore, government initiatives, such as the Israel Innovation Authority's funding programs, aim to bolster the country's IT sector, fostering new growth opportunities.

The major market players included in this report are:

Radware Ltd.

Silicom Ltd

ECI Telecom Ltd.

Rad Group

DriveNets Ltd.

Ceragon Networks Ltd.

BATM Advanced Communications Ltd.

Telco Systems

Orckit-Corrigent Ltd.

PacketLight Networks Ltd.

Toga Networks Ltd.

Telrad Networks Ltd.

Allot Ltd.

Israeli Internet Association (ISOC-IL)

NVIDIA Corporation

The detailed segments and sub-segment of the market are explained below:

By Product

Ethernet Switches

Routers

Storage Area Network (SAN)

Application Delivery Controller (ADC)

Other Networking Equipment

By Services

Installation & Integration

Training & Consulting

Support & Maintenance

By End-User

IT & Telecommunication

BFSI

Government

Media & Entertainment

Other End-Users

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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