The Spain data center networking market reached a value of USD 293.93 million in the previous year, and it is further projected to register a CAGR of 8.73% during the forecast period.
The data center industry is currently undergoing a significant transformation, marked by increasing fragmentation and intense competition among both established vendors and new entrants. This shift is largely driven by the expanding influence of cloud computing, which has piqued the interest of investors looking to capitalize on the sector's growth. Notable industry leaders include Cisco Systems Inc., Juniper Networks Inc., Arista Networks Inc., VMware Inc., and NEC Corporation.
In June 2023, Cisco Inc. introduced the Cisco Nexus 9800 Series modular switches, thereby expanding their Cisco Nexus 9000 Series portfolio. This addition features a new chassis that can accommodate high-speed and high-port-density line cards, reflecting Cisco's commitment to meeting the evolving needs of the data center market.
In September 2023, Juniper Networks introduced new capabilities for their Juniper® Apstra® platform, aimed at enhancing the experience of operators. These enhancements are designed to streamline the deployment and management of private data center infrastructures, reflecting Juniper's dedication to facilitating more efficient and user-friendly operations within the data center industry.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook