The Belgium data center networking market reached a value of USD 156.76 million in the previous year, and it is further projected to register a CAGR of 2.12% during the forecast period.
The data center industry is currently witnessing a significant shift towards fragmentation as both established vendors and new players contend with fierce competition. The rapid expansion of cloud computing has piqued the interest of fresh investors looking to capitalize on the sector's remarkable growth. Prominent figures in this market encompass Cisco Systems Inc., NVIDIA, Dell EMC, IBM Corporation, and VMware Inc.
In July 2023, Broadcom announced its plans to introduce cloud-like Ethernet switch bandwidth enhancements aimed at providing improved support for 400G connectivity in enterprise data centers.
In November 2022, VMware, Inc. unveiled its cutting-edge SD-WAN solution, which includes a new SD-WAN Client designed to assist enterprises in delivering applications, data, and services with enhanced security, reliability, and optimization.
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