In a recently published report, Data Center Interconnect Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Data Center Interconnect Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Data Center Interconnect Market is valued approximately USD 7.05 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.1 % over the forecast period 2019-2026. Data Center Interconnect is employed to connect two or more data centers. These are usually installed in an enterprise environment to help them achieve IT and business objectives. The interconnection can range over short, medium and long distances by using high speed packet optical connectivity. While for large operations DCI is used by the firms to connect their own data centers in the their extended enterprise infrastructures.
The major advantage offered by this technology is the sharing of resources between data centers which aids in efficient operations and cost effectiveness. Other advantages offered by these are that they can pass workloads and work together offering high efficiency and while reducing process time. Hence with the rising number of data centers across the globe, the need for datacenter interconnect increases. As in February 2019 google announced a USD 13 billion investment in data centers in USA which is 4 billion more than the USD 9 billion investment in 2018. The company plans to establish new data centers in Nebraska, Nevada, Ohio, Texas, Oklahoma and other cities and expand the data centers in Seattle, Chicago and New York.
Also, according to Cloud scene there are 1137 data centers in the region of which 244 are in Australia, 200 in Japan, 119 in India and 99 in China. Moreover, inclination towards reducing high band width and power consumption in the data centers further drives the market growth. Further, increasing demand for disaster recovery and data backup services to enable continuity in the businesses fuels the market growth. However, high initial investments and the distances between the data centers impedes the growth of the market over the forecast period of 2020-2026. Although, shift towards cloud-based services presents a lucrative opportunity for the market growth.
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The regional analysis of global Data Center Interconnect market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the Increased demand for wireless and touch interactivity, video, and demographic analytics and presence of key market players. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as Increasing adoption of optical interconnects in data centers, and metro and long-haul networks would create lucrative growth prospects for the Data Center Interconnect market across Asia-Pacific region.
Major market player included in this report are:
Ciena Corporation (US)
NOKIA Corporation (Finland)
Huawei Technologies Co. Ltd. (China)
Juniper Network Inc. (US)
Infinera Corporation (US)
ADAVA Optical Networking SE (Germany)
Cisco Systems Inc. (US)
Extreme Network (US)
Fujitsu Ltd. (Japan)
Colt Technology Services Group Limited (UK)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Product
Software
Services
By Application:
Real-time Disaster Recovery and Business Continuity
Shared Data and Resources/Server High-availability Clusters (Geoclustering) Consumer
Workload (VM) and Data (Storage) Mobility
By Technology:
CSPs
CNPs/ICPs
Government
Enterprises
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Data Center Interconnet Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Data Center Interconnect Market, by Region, 2018-2026 (USD Billion)
1.2.2. Data Center Interconnect Market, by Type, 2018-2026 (USD Billion)
1.2.3. Data Center Interconnect Market, by Application, 2018-2026 (USD Billion)
1.2.4. Data Center Interconnect Market, by End-User, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Data Center Interconnect Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Data Center Interconnect Market Dynamics
3.1. Data Center Interconnect Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Data Center Interconnect Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Data Center Interconnect Market, by Type
5.1. Market Snapshot
5.2. Global Data Center Interconnect Market by Type, Performance – Potential Analysis
5.3. Global Data Center Interconnect Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Data Center Interconnect Market, Sub Segment Analysis
5.4.1. Product
5.4.2. Software
5.4.3. Services
Chapter 6. Global Data Center Interconnect Market, by Application
6.1. Market Snapshot
6.2. Global Data Center Interconnect Market by Application, Performance – Potential Analysis
6.3. Global Data Center Interconnect Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Data Center Interconnect Market, Sub Segment Analysis
6.4.1. Real-time Disaster Recovery and Business Continuity
6.4.2. Shared Data and Resources/Server High-availability Clusters (Geo-clustering) Consumer
6.4.3. Workload (VM) and Data (Storage) Mobility
Chapter 7. Global Data Center Interconnect Market, by End-User
7.1. Market Snapshot
7.2. Global Data Center Interconnect Market by End-User, Performance – Potential Analysis
7.3. Global Data Center Interconnect Market Estimates & Forecasts by End-User 2016-2026 (USD Billion)
7.4. Data Center Interconnect Market, Sub Segment Analysis
7.4.1. CSPs
7.4.2. CNPs/ICPs
7.4.3. Government
7.4.4. Enterprises
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