Global Data Center Network Market 2023-2029
A data center network is a computer network that connects computers, servers, storage devices, and other networking equipment that make up a data center. The purpose of a data center network is to enable efficient communication and data transfer between different devices within the data center. Data center networks are designed to be highly reliable, scalable, and flexible. The network architecture can vary depending on the size and complexity of the data center, as well as the specific needs of the applications and services running within it. The global data center network market is expected to increase by USD 12.1 billion, at a compound annual growth rate (CAGR) of 6.19% from 2023 to 2029, according to the latest edition of the Global Data Center Network Market Report.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global data center network market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for data center network can be segmented by product: ethernet switches, storage, networking, routers, others. The ethernet switches segment held the largest share of the global data center network market in 2022 and is anticipated to hold its share during the forecast period. Data center network market is further segmented by end user: financial, government, cloud, IT & telecom, other. Globally, the cloud segment made up the largest share of the data center network market. Based on region, the data center network market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the largest contributor to the global data center network market in 2022.
Market Segmentation
By product: ethernet switches, storage, networking, routers, others
By end user: financial, government, cloud, IT & telecom, other
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading data center network market vendors that include Arista Networks Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., Extreme Networks, Inc., Fujitsu Limited, The Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Inventec Corporation, Juniper Networks, Inc., Lenovo Group Limited, Oracle Corporation, Super Micro Computer, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook