Published Date : Feb 12, 2018
ALBANY, New York, February 12, 2018 – An intelligence report added to the portfolio of MarketResearchReports.biz., titled, “Data Center Networking Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” sheds light on important facets of the market. Data center networking helps in providing an interconnection between network-based and physical devices under one data center service. It establishes a connection between the devices and infrastructure nodes, so that they can interact and exchange data with each other through Internet or external network.
The major factor propelling the data center networking market is the rise in the usage of data center virtualization and cloud-computing. With companies all over the world realizing the advantages of real-time, uninterrupted interaction, the demand for data center virtualization and cloud-computing is estimated to rise. Other than this, the market is relied upon to pick up pace owing to the increasing awareness with respect to the optimum utilization of storage devices and the growing demand for controlling data center systems.
Betterment in risk management and service delivery are some of the major factors which will boost the market growth of global data center networking in the coming years. To match up with current business dynamics, organizations are not hesitating from modifying their service delivery models. Their major focus is on matching the services in order to address the needs of external and internal business environment. As data centers enable organizations to accomplish a more powerful and adaptable infrastructure, their demand is expected to rise in the coming years.
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It is essential for cloud service providers to maintain standards and follow rules pertaining to their area of service. This factor is likely to hamper the market growth to some extent. However, the growing demand from telecom and oil and gas sector is probably going to help the market overcome such hiccups and continue developing during the forecast period. The market will likewise pick up speed from the rising interest in the usage of IoT devices and advancements in the technologies, for example, oil and gas, water utilities, and power stations.
On the basis of types of components for data center networking, the global market is divided into services, software, and hardware. The hardware category is sub-segmented into network security equipment, Ethernet switches, servers, Storage Area Network (SAN) routers, and others. Additionally, the software segment is further classified into virtual switches, switching Operating System (OS), controller, and management software. And the last, services segment is classified into consulting and installation & management. Based on industry verticals, the market is categorized broadly into government, telecommunications, retail, media and entertainment, healthcare, education, BFSI (Banking Financial Services and Insurance), and others. The above mentioned segments are analyzed in detail in the provided report.
On the basis of geography the global data center networking market is broadly segmented into Europe, North America, the Middle East & Africa, South America, and Asia Pacific.
Hewlett Packard Enterprise, Brocade networking solutions, Cisco Systems, Inc., Arista Networks, Microsoft Corporation, Juniper Networks, Huawei Technologies Co. Ltd., Avaya Inc., Dell Inc., and Extreme Networks Inc. are among the key players leading the global data center networking market. The firms are focusing on coming up with newer business strategies and banking upon mergers and acquisitions to progress further.
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