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2019 Data Center Networks Market Shows Important Factors of Industry, Top Countries, Leading Manufacturers, Regional Analysis Forecast to 2024

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Data Center Networks

Data Center Networks Market” report provides an in-depth research of market-based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. Data Center Networks Market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It also analyzes the current and future prospect of Data Center Networks Market.

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Key Insights of Data Center Networks Market:

  • Complete in-depth analysis of the Data Center Networks
  • Important changes in market dynamics.
  • Segmentation analysis of the market.
  • Emerging segments and regional markets.
  • Historical, on-going, and projected market analysis based on volume and esteem.
  • Assessment of niche industry players.
  • Market share analysis.
  • Key strategies of major players

Market Overview:

  • The global data center network market is expected to register a CAGR of 5.5%, during the forecast period (2019 – 2024). Edge has become an essential component to the data center and cloud services to bring computing resources, data, and processing closer to the edge. It functions as the decentralized extension of the campus networks, cellular networks, cloud or data center networks.
  • – Increasing utilization of cloud storage is driving market growth. According to Oracle’s Cloud Prediction 2019, 80% of all enterprise (and mission-critical) workloads will move to the cloud. Even as the absolute number of files stored in the cloud has increased rapidly, the percentage of files that contain sensitive data has also grown, today standing at 21% with an increase of 17% over the past two years.
  • – There is a rising need for backup and storage as the amount of data generated increases. More storage arrays now have in-cloud equivalents that can be easily replicated and failed over to if needed. Hewlett Packard Enterprise Cloud Volumes (Nimble), IBM Spectrum Virtualize, and Oracle cloud storage, which uses Oracle ZFS Storage Appliance are some examples.
  • – However, lack of data center skills shortage is the factor hindering the market demand. The historically low profile of datacenters as a career choice, combined with increasing management and operational complexity along with local shortages of suitably qualified staff creates a negative impact on the market.

    Data Center Networks Market Segmentation by Top Key Players:

  • Cisco Systems Inc.
  • Juniper Networks Inc.
  • Arista Networks Inc.
  • H3C Holding Limited
  • VMware Inc
  • Huawei Technologies Co. Ltd.
  • Extreme Networks Inc.
  • Equinix Inc.
  • Cumulus Networks Inc.
  • Dell EMC
  • NEC Corporation
  • Big Switch Networks Inc.
  • Lenovo Group Ltd.

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    Scope of the Report:

  • Data center networking (DCN) essentially is the process of interconnecting and establishing the entire physical and network-based devices and equipment within a data center facility. In the current web-connected world, business workloads are executed on single computers, hence leading to the need for data center networking. Networks provide servers, clients, applications, and middleware with a standard plan to stage the execution of workloads, and also to manage access to the data produ

    Key Market Trends:

    Retail Industry to Dominate the Market

    – According to the most recent Shopping Index of Salesforce, e-commerce grew 17% in the third quarter in 2018, globally. In the US, the US Census Bureau reported that online commerce represented 9.6% of total retail. Around 87% of the US shoppers began their hunt in digital channels, up from 71% the prior year. This calls for increased use of data centers.
    – Personalizing the shopping experience means customers’ transaction history to be recorded so that the retailer can provide recommendations. Due to the increasing number of shoppers, the need of data centers has become mandatory.
    – With the use of the data center network, there is no need for retailers to worry about storing transaction and customer data at one place, which in turn increases the security of the data.
    – An emerging economy like India, which is facing increasing participation from foreign and private players, is predicted to generate revenue worth USD 60 billion in retail by 2020, according to IBEF. This increased revenue and demand for retail sales will generate more data requiring efficient data centers.

    Asia-Pacific to Witness the Highest Growth

    – Due to population growth and rise in e-commerce, Asia-Pacific is experiencing a surge in data generated from digital products and services.
    – Government initiatives such as Digital India, planned to be completed in 2019 and aimed at transforming the country into a digitally empowered economy, is set to contribute to the growth of data centers in India.
    – Major players are expanding their presence in Asia-Pacific. For instance, in January 2019, Alibaba Cloud, the cloud computing arm of Alibaba Group, announced the launch of a second data center in Indonesia – only ten months after the inauguration of its first one in the country. Facebook, which in September 2018 announced that it will be spending $1bn (S$ 1.4bn) to build a data center in Singapore, its first in Asia. The facility is expected to open in 2022.
    – With the increased usage of cloud-based services, the Internet of Things (IoT) and big data analytics, the construction of data centers has rocketed in recent years.

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    Data Center Networks Market Covers Following Points in TOC:

    • Chapter 1: Data Center Networks Market Definition
    • Chapter 2: Research Methodology of Data Center Networks Market
    • Chapter 3: Data Center Networks Market Executive Summary
    • Chapter 4: Data Center Networks Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Data Center Networks Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Data Center Networks Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Data Center Networks Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Data Center Networks Market

     

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