The South America data center networking market reached a value of USD 800.08 million in the previous year, and it is further projected to register a CAGR of 10.9% during the forecast period.
The South American data center networking market is characterized by fragmentation among various players, and it has witnessed a surge in competitiveness in recent years. Key industry participants include NEC Corporation, Juniper Networks Inc., and VMware Inc., among others. These major players, boasting substantial market share, have been actively focused on expanding their customer base within the region. To achieve this, they employ strategic collaboration initiatives aimed at augmenting both market share and profitability.
In January 2022, TP-Link Corporation Ltd. made an important announcement with the launch of the Archer AXE75, an AXE5400 Tri-Band Gigabit Wi-Fi 6E router. This innovative router is designed to provide a wide range of high-performance features and is complemented by the HomeShield security system. It is equipped with a robust chipset, further enhancing its capabilities in the competitive market landscape.
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