· The data center interconnect market is expected to witness market growth at a rate of 12.50% in the forecast period of 2022 to 2029, and is estimated to the reach the value of USD 3,437.61 million by 2029.
§ Data center interconnect is referred as a technique that is widely used in order to connect and allow networking between two or more different data centers. The technique is done in an enterprise environment for acquiring IT and business objectives. This type of technology uses high speed packet-optical connectivity to connect data centers together over short, medium or long distances.
§ The migration toward the cloud across the globe acts as one of the major factors driving the growth of data center interconnect market. The increase in demand of cloud infrastructure for flexibility and agility, and high adoption of the technique for supporting applications such as business continuity and disaster recovery accelerate the market growth. The cloud computing and the recent increase in OTT services consumption because of lockdown and rise in need for efficiency and cost reduction of the datacenters further influence the market. Additionally, rapid infrastructural developments, expansion of end use industry, rise in digitization and emergence of industry 4.0 positively affect the data center interconnect market. Furthermore, deployment of 5G extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
§ On the other hand, limitations with capacity and high initial investments are expected to obstruct the market growth. Security concerns are projected to challenge the data center interconnect market in the forecast period of 2022-2029.
The data center interconnect market is segmented on the basis of product, technology and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the data center interconnect market is segmented into product, software and services.
- On the basis of technology, the data center interconnect market is segmented into CSPs, CNPs/ICPs, government and enterprises.
- On the basis of application, the data center interconnect market is segmented into real-time disaster recovery and business continuity, shared data and resources/server high-availability clusters (geoclustering) consumer and workload (VM) and data (storage) mobility.
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The countries covered in the Europe data center interconnect market report are
ü Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.
ü Germany dominates the Europe data center interconnect market due to the technological advancements within the region.
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Some of the major players operating in the data center interconnect market report are
ü Ciena Corporation, Juniper Network Inc., Coresite Realty Corporation, Digital Realty Trust, Ranovus Inc., Equinix, Inc., Brocade Communications Systems Inc., CISCO Systems, Inc., Extreme Networks, Infinera Corporation, XKL, LLC, Innovium Inc., and Cologix, among others.
Ø Chapter One: Introduction
Ø Chapter Two: Industry analysis
Ø Chapter Three: Market Overview
Ø Chapter Four: Industry segmentation
Ø Chapter Five: Industry share analysis
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