Data Center Networking Market to surpass USD 35 billion by 2024

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Data Center Networking Market in services segment
to hit 8bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Data Center Networking Market

• Data Center Networking Market was estimated at
  over USD 14 billion in 2017, and is set to reach
  USD 35 billion by 2024 according to a new
  research report by Global Market Insights,
  Inc.The high growth of the data center networking
  market is strongly aided by the increasing focus
  of data centers to improve the bandwidth speed
  and connectivity.
• Data centers located in faraway location and in
  colocation settings store large databases of
  information that are required immediately. In
  such a scenario, lags in the relay of data can be
  detrimental to business operations, fueling the
  demand for advanced networking technologies such
  as 100 Gbps and 400 Gbps Ethernet switches and
  silicon photonics.
• The segmentation of the data center networking
  market indicates that the services segment is
  anticipated to witness a significant growth to
  reach over USD 8 billion by 2024. Organizations
  are increasingly outsourcing management
  activities such as consulting, repairing, and
  maintenance to licensed external players.

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Continued...

• The increase in the construction and
  modernization of facilities is contributing to
  the increase of professional services such as
  installation and integration. Additionally,
  various organizations do not understand their
  network requirements such as the scalability of
  their infrastructure and, in most cases,
  undermine or overestimate their network and
  storage requirements, making consulting in the
  data center networking market a prime requisite.
• The trends in the market indicates that IT
  Telecom and BFSI sectors are prime adopters of
  the technology with BFSI sector valued at over
  USD 2.5 billion in 2017. These enterprises are
  required to store and access large amounts of
  data, which need to be accessed in real time.
  Additionally, financial services firms need
  reliable and fast connectivity to support latency
  applications for tasks such as online trading and
  payment processing.
• Countries including China and India have become
  hubs of outsourced services owing to the low
  costs of resources such as labor, technology, and
  space. India market was over USD 450 million in
  2017. In the aftermath of the Digital India
  campaign .

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China data center networking market size, by
end-use, 2017 2024 (USD Million)

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Continued...

• The declining costs of semiconductor components
  are anticipated to drive the growth of the data
  center networking market. Th advent of
  technologies, primarily in countries including
  India and the Philippines is done at relatively
  lower costs as compared to their Western
  counterparts, contributing to a strong growth
  potential of the industry. Additionally, the
  trend of outsourcing to emerging Asian countries
  is further driving the industry.
• The players operating in the data center
  networking industry comprise Brocade
  Communications, Arista Networks, Cisco Systems,
  Inc., Delta Electronics, Inc., Dell, Inc.,
  Hewlett-Packard Enterprise, IBM Corporation, and
  Juniper Networks. As the market comprises many
  players, companies are required to undertake
  strategies like partnerships, mergers and
  acquisitions, and invest heavily in RD to
  sustain continuous growth. For instance, in
  February 2015, Hewlett-Packard Enterprise
  announced the launch of a new line of open
  network switches for web-scale cloud data
  centers. The product launch is anticipated to
  further improve its hold in the provision of
  cloud capable solutions in the industry.

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Industry Coverage

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Table OF Content
Chapter 1. Methodology and Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Definition and forecast
parameters 1.1.4.1. Definitions 1.1.4.2.
Assumptions, methodology forecast
parameters 1.2. Data Sources 1.2.1.
Primary 1.2.2. Secondary Chapter 2. Executive
Summary 2.1. Data center networking industry
3600 synopses, 2013 - 2024 2.1.1. Business
trends 2.1.2. Regional trends 2.1.3. Component
trends 2.1.3.1. Solution trends 2.1.3.2.
Service trends 2.1.4. End-use trends
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Continued...
Chapter 3. Data Center Networking Industry
Insights 3.1. Industry segmentation 3.2.
Industry landscape, 2013 2024 3.2.1. Data
center infrastructure industry landscape 3.2.1.1.
North America 3.2.1.2. Europe 3.2.1.3.
Asia Pacific 3.2.1.4. South America 3.2.1.5.
MEA 3.2.2. Internet consumption trends, by
region 3.2.2.1. North America 3.2.2.2.
Europe 3.2.2.3. Asia Pacific 3.2.2.4. South
America 3.2.2.5. MEA
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Continued...
3.3. Industry ecosystem analysis 3.3.1. Raw
material suppliers 3.3.2. Manufacturers 3.3.3.
Technology providers 3.3.4. Network
providers 3.3.5. Service providers 3.3.6. System
integrators 3.3.7. Distribution channel
analysis 3.3.8. Vendor matrix 3.4. Technology
innovation landscape 3.4.1. Software-defined
networking (SDN) 3.4.2. Edge and hyperscale data
centers 3.4.3. Silicon photonics usage in data
centers 3.4.4. WLAN optimizers 3.5. Network
readiness and internet penetration 3.5.1. North
America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4.
South America 3.5.5. MEA
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Continued...
3.6. Regulatory landscape 3.6.1. North
America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4.
South America 3.6.5. MEA 3.7. Industry impact
forces 3.7.1. Growth drivers 3.7.1.1.
Transition to cloud-based solutions in the
U.S. 3.7.1.2. Increase in organizational data
traffic and big data analytics in U.K and
Germany 3.7.1.3. Growth of mega data centers
and trend of collocation in China, India, and
Mexico 3.7.1.4. Rising adoption of 100Gb
switch ports in the U.S. and UK 3.7.1.5.
Development of broadband and internet
infrastructure in India and Philippines
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Continued...
3.7.1.6. Increase in construction of new data
centers and replacement of existing technologies
in parts of South America 3.7.1.7. Decline in
costs of semiconductor components in Asia
Pacific 3.7.1.8. Movement from HDDs to SSDs in
data centers across the world 3.7.2. Industry
pitfalls challenges 3.7.2.1. Demand for
highly skilled workforce for product
development 3.7.2.2. Irregularities in the
data protection regulatory landscape 3.8. Growth
potential analysis 3.9. Porter's analysis 3.10.
Competitive landscape, 2017 3.10.1. Strategy
dashboard 3.11. PESTEL analysis
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