Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others), and by Region (North America, Latin America, Euro

Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others), and by Region (North America, Latin America, Europe, APAC and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Data center networking is the method of establishing and communicating all physical- and network-based equipment and devices within a data center facility. Data center networking is extremely crucial in data center as it communicates all the data center resources together. Data center infrastructure nodes and equipment to ensure that they can connect and transfer data between one another and on the Internet. With recent advancements in digital technology, the deployment of hyperscale data centers, where data center infrastructure is provided on lease by companies has increased to a great extent. Furthermore, data center network forms a network infrastructure that complies with industry regulations, offers security, stability, and reliability, supports networking requirements for modern technologies, and can fulfill the requirements of network communications in peak usage. Furthermore, growing adoption of cloud computing technologies and virtualization has reduced costs incurred on data storage. Penetration of connected devices such as tablets and smartphones has increased the adoption of data center networking.

The Data center networking market was valued for US$ 20,500 Mn in 2021.

Market Dynamics

There are various factors which are expected to drive the global data center networking market in the forecast period. Usage of cloud data storage combined with cloud computing technologies is increasing in all the industries, use of cloud technology provides flexibility to store the data manage and monitor data anywhere. Industries such as oil and gas are becoming highly dependent upon data for their daily operations. Oil and gas industry collects huge amount of data even before drilling, this data help further decision making and provides relatable data which can reduce cost. Furthermore, factors such as Software-defined networking (SDN) and network function virtualization (NFV) are expected to provide significant market opportunities to key players in the forecast period. SDN and NFV are helping engineers and companies to managing networks by providing them complete software access.

However, increasing complex nature of data centers and uncertainty of laws regarding data protection are expected to hinder the global data center networking market in the forecast period.

This report segments the global data center networking market on the basis of component type, industry vertical and region. On the basis of Component Type Hardware, Software and Services. On the basis of Industry Vertical Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others. On the basis of region, global data center networking market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the global data center networking market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global data center networking market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global data center networking market includes Google, Inc., Huawei Technologies Co. Ltd., Cisco Systems, Inc., Brocade Networking Solutions, Hewlett Packard Enterprise, Extreme Networks, Inc., Arista Networks, Avaya, Inc., Juniper Networks, Dell Inc., and Microsoft Corporation.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The global data center networking market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global data center networking market.

Detailed Segmentation

• Global Data Center Networking Market, By Component Type:
• Hardware
• Software
• Services
• Global Data Center Networking Market, By Industry Vertical:
• Telecommunications
• Government
• Retail
• Media & Entertainment
• BFSI
• Healthcare
• Education
• Others
• Global Data Center Networking Market, By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• Google, Inc.*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Huawei Technologies Co. Ltd.
• Cisco Systems, Inc.
• Brocade Networking Solutions
• Hewlett Packard Enterprise
• Extreme Networks, Inc.
• Arista Networks
• Avaya, Inc.
• Juniper Networks
• Dell Inc.
• Microsoft Corporation

“*” marked represents similar segmentation in other categories in the respective section.