Global Data Center Networking Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 27.88 Billion |
Market Size (Forecast Year) |
USD 67.67 Billion |
CAGR |
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Major Markets Players |
Global Data Center Networking Market, By Component (Hardware, Software, Service), End User (Telecommunications, Government, Colocation, Defense, Retail, Media and Entertainment, BFSI, Healthcare, Manufacturing, Education, Others) - Industry Trends and Forecast to 2031.
Data Center Networking Market Analysis and Size
The data center networking is efficiently operating of variety of infrastructures through different networking resources used all together. It plays a crucial role in the storage and processing of data through the assistance of various networking resources. Data center networking is capable of operating data delivery with high bandwidth through switches, servers, and storage endpoints. It enables connecting many networks together and making cloud computing feasible.
Data Bridge Market Research that the global data center networking market is expected to reach USD 67.67 billion by 2031, from USD 27.88 billion in 2023, and is expected to undergo a CAGR of 11.72% during the forecast period of 2024 to 2031. “Hardware” dominates the components segment of the market due to demand from growing markets. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Component (Hardware, Software, Service), End User (Telecommunications, Government, Colocation, Defense, Retail, Media and Entertainment, BFSI, Healthcare, Manufacturing, Education, Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Arista Networks, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Microsoft (U.S.), Huawei Technologies Co., Ltd. (China), Dell Inc. (U.S.), Avaya Inc. (U.S.), Extreme Networks (U.S.), VMware, Inc. (U.S.), ALE International (France), Intel Corporation (U.S.), Equinix, Inc. (U.S.), Curvature (U.S.), Pluribus Networks (U.S.), Apstra (U.S.), Broadcom (U.S.), Rahi Systems (U.S.), NEC Corporation (Japan), IBM (U.S.) |
Market Opportunities |
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Market Definition
Data center networking is the incorporation of various networking resources such as load balancing, switching, routing and analytics to assist the storage and processing of applications and data. Data center networking is proficient of handling high bandwidth data delivery to and from switches, storage endpoints and servers allows moving huge data resourcefully.
Global Data Center Networking Market Dynamics
Drivers
- Rise in Need for Data Management Driving Data Center Networking Market Development
Rapid evolution in technology has led to an increase in demand for virtualization in the operation and management of data center networks. Data center networks offer various benefits such as ease of management, reduced cost, high scalability, and resource optimization. Virtualization, which was traditionally a hardware-based function, has shifted to a software application and provides benefits mentioned above. It also allows reconfiguration and network visibility without the need for physical interaction with networking devices/infrastructure. These advantages are augmenting data center networking market growth.
Opportunity
- Increase in demand for a high speed by internet users
The increasing demand for high speed internet and high growth of mega data centers & colocation is expected to influence the growth of data centre networking industry. The high adoption of 100 GB switch ports and the rapid development of broadband and internet infrastructure are also expected to positively impact the growth of the market. Moreover, rise in construction of new data centers and replacement of existing technologies and the decline in costs of semiconductor components are also expected to create a huge demand for data center networking as well as lifting the growth of the data center networking market.
Restraint/Challenge
- The dearth of highly skilled workforce in underdeveloped and developing economies
The dearth of highly skilled workforce in underdeveloped and developing economies and irregularities in data protection regulatory landscape are expected to act as the major limitations for the growth of data center networking in the above mentioned forecasted period, whereas the lack of data center skills shortage can challenge the data center networking market growth.
This data center networking market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the data center networking market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In June 2023, Cisco Systems Inc., a leading software company, announced the launch of a full-stack observability platform. This new offering brings data together from different domains, such as networking, application, and others
Global Data Center Networking Market Scope
The data center networking market is segmented on the basis of component and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Hardware
- Ethernet Switches
- Network Security Equipment
- Storage Area Network (SAN) Routers
- Servers
- Others
- Software
- switching operating system (OS)
- virtual switches
- management software
- controller
- Service
- Installation And Management
- Consulting
End User
- Telecommunications
- Government
- Colocation
- Defense
- Retail
- Media and Entertainment
- BFSI
- Healthcare
- Manufacturing
- Education
- Others
Global Data Center Networking Market Region Analysis/Insights
The data center networking market is analyzed and market size insights and trends are provided by country, component and end user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia- Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and rest of Middle East & Africa.
North America is expected to dominate the market due to North America being home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in Data Center Networking circuits.
Asia-Pacific is expected to be fastest-growing country in the market due to the Asia-Pacific region having a large and rapidly growing population, along with a significant increase in internet usage and data consumption. This drives the demand for high-speed and efficient communication networks, which can benefit from the use of Data Center Networking circuits. PICs are capable of integrating multiple optical components on a single chip, making them well-suited for high-speed data transmission and communication applications.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Data Center Networking Market Share Analysis
The data center networking market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the data center networking market.
Some of the major players operating in the data center networking market are:
- Cisco Systems, Inc. (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Arista Networks, Inc. (U.S.)
- Juniper Networks, Inc. (U.S.)
- Microsoft (U.S.)
- Huawei Technologies Co., Ltd. (China)
- Dell Inc. (U.S.)
- Avaya Inc. (U.S.)
- Extreme Networks (U.S.)
- VMware, Inc. (U.S.)
- ALE International (France)
- Intel Corporation (U.S.)
- Equinix, Inc. (U.S.)
- Curvature (U.S.)
- Pluribus Networks (U.S.)
- Apstra (U.S.)
- Broadcom (U.S.)
- Rahi Systems (U.S.)
- NEC Corporation (Japan)
- IBM (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.