The global data center network infrastructure market is expected to post
a CAGR of more than 12% during the period 2019-2023, according to the
latest market research report by Technavio.
However, the market’s momentum will decelerate in the coming years
because of the decrease in year-over-year growth.
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Technavio has published a new market research report on the global data center network infrastructure market from 2019-2023. (Graphic: Business Wire)
A key factor driving the growth of the global data center network
infrastructure market size is the demand for high-bandwidth switches by
hyperscalers and colocation service providers. Hyperscalers such as
Google, Microsoft, and AWS are significantly increasing the number of
data centers in locations where they already have a presence and
boosting their investments in new regions. Moreover, hyperscalers and
colocation service providers are focusing on implementing high-bandwidth
solutions in their data centers owing to the changing demand of
organizations. This is increasing the demand for high-bandwidth ethernet
switches. Therefore, the growing demand for high bandwidths from
hyperscalers and colocation service providers is expected to drive the
data center network infrastructure market growth during the forecast
period.
As per Technavio, the increase in AI/ML applications in data center
networking will have a positive impact on the market and contribute to
its growth significantly over the forecast period. This global
data center network infrastructure market 2019-2023 research
report also analyzes other significant trends and market drivers that
will affect market growth over 2019-2023.
Global Data center network infrastructure
market: Increase in AI/ML applications in data center networking
Artificial Intelligence (Al) technologies are increasingly being
deployed across various components within data centers as they help
automate tasks and reduce errors due to human intervention. Al was used
mainly for ransomware detection initially. However, it is now being used
to provide more insightful and actionable recommendations. It can also
be used to ensure proper bandwidth allocation within cloud data centers
and fix network utilization issues. This will improve the overall data
center network performance. Therefore, the increase in AI applications
in data center networking will fuel market growth during the forecast
period.
“Apart from the increase in AI/ML applications in data center
networking, other factors such as the growing adoption of NVMe-oF, and
the increase in white box manufacturers for networking equipment will
have a significant impact on the growth of the data center network
infrastructure market size during the forecast period,” says a senior
analyst at Technavio.
Global Data center network infrastructure
market: Segmentation analysis
This market research report segments the global data center network
infrastructure market by technology (Ethernet switches, data center
interconnect, routers, and other networking infrastructure) and
geographic regions (APAC, Europe, North America, South America, and MEA).
The North American region led the data center network infrastructure
market in 2018, followed by Europe, APAC, MEA, and South America,
respectively. The growth of the data center network infrastructure
market revenue in North America can be attributed to the increasing
demand for cloud services in the region. The demand for cloud services
is increasing due to their benefits that include the ability to scale
resources as per the needs of a customer.
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Market Landscape
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Market Sizing
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- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190614005229/en/