Global Data Center Interconnect Market forecast 2025

Global Data Center Interconnect Market is expected to reach USD 9,762.59 Million by 2025 from USD 4,000.00 Million in 2017, at a CAGR of 11.9% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Points: Global Data Center Interconnect Market

Cisco Systems, Inc. is going to dominate the data center interconnect market following Equinix, Inc., Digital Realty Trust, Ciena Corporation, Nokia, Huawei Technologies Co., Ltd., Infinera Corporation., ADVA Optical Networking, Juniper Networks, Inc., Colt Technology Services Group Limited, Extreme Networks, Inc., Fiber Mountain, Inc., Pluribus Networks, ZTE Corporation, RANOVUS Inc., FUJITSU and Megaport among others.

Converged packet optical market is growing with the highest CAGR

Services is driving the market with highest market share.

CNPs/ICPs segment is dominating the data center interconnect market

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The data center interconnect report is essentially helpful for mapping the strategies related to production, product launches, costing, inventory, purchasing and marketing. The data center interconnect report highlights CAGR value fluctuation during the forecast period of 2018-2025, historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. All the market data included in this report is remarkably useful to the clients and businesses for making decisions related to revenue, investment, import, export and consumption. This market research report is all-inclusive and encompasses various parameters of market.
Data center interconnect report is an ideal guide to attain an information or key data about market, emerging trends, product usage, and motivating factors for customers, customer preferences, competitor strategies, brand positioning, and customer behaviour. It is a wide-ranging market research report that comprises of various parameters of the market namely market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. The data center interconnect market report includes top to bottom analysis and evaluation of various market related factors that plays a key role for better decision making.

Market Segmentation: Global Data Center Interconnect Market

The global data center interconnect market is segmented based on type into three notable segments; product, software and services. The product type is sub segmented into packet optical transport, packet optical networking, converged packet optical and packet switching networking. The service type is sub segmented into professional services and managed services. Professional services is further sub segmented into training, consulting and integration and maintenance. The Data center interconnect market is dominated by services with 57.1% market share in 2017 and is expected to grow at the highest CAGR of 12.6% in the forecast period.

The global data center interconnect market is segmented based on application into four notable segments system; workload and data storage mobility, shared data and resources, server high availability cluster and real time disaster and business continuity.

The global data center interconnect market is segmented based on end- user into four notable segments; communication server provider, CNPs/ICPs, government and enterprises. Enterprises are further sub segmented into banking and finance, utility and power, healthcare, retail and e- commerce, media and entertainment and others.

Key Drivers: Global Data Center Interconnect Market

Some of the major factors driving the market for global data center interconnect are the data centers concentrating on the reduction of high power consumption, WAN consolidation and bandwidth requirements. Enhanced enterprise demand from vertical and rapid conversion into cloud-based services is the other factor which will drive the demand of global data center interconnect market.

High initial investments are the factor which may hinder the growth of this market.

Advancement in data connectivity and emerging need for higher ethernet speed are some of the factors which will drive the market in future.

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Recent Developments:

In March, 2017, Nuance Communications, Inc. unveiled the latest version of Dragon Software for better accuracy, and timely detailed information.

In October, 2017, Nuance Communications, Inc. has been ranked 1St for the end-to-end healthcare coding, clinical documentation improvement (CDI), transcription and speech recognition technology in black book.

In September, Nuance Communications, Inc. announced that clinical speech recognition through the Nuance Dragon Medical One cloud platform will be supported by Imprivata Cortext, for the secured communications platform.

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