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Data Center Interconnect Market Trends

Report ID: GMI6814
Published Date: Sep 2023
Report Format: PDF

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Data Center Interconnect Market Trends

The proliferation of data centers is creating lucrative growth opportunities for the data center interconnect industry. With the ever-increasing demand for cloud services, IoT, and data-intensive applications, organizations are building more data centers. For instance, in July 2023, Reliance Industries unveiled plans to join forces with Mercury Holdings SG Pte, an established joint venture already involving Brookfield Infrastructure and Digital Realty, to develop data centers in India. Under this partnership, Reliance Industries will assume an equal 33.33% stake in the existing joint venture. These data centers will have robust connectivity, linking vital terrestrial infrastructure and undersea cables, thereby serving as vital entry points for multiple enterprises seeking access to the Indian market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for data center interconnect was USD 8.2 billion in 2022 and may record over 13.5% CAGR from 2023 to 2032 due to the rising influx of IoT and big data analytics

Data center interconnect industry size from the hardware component segment is expected to 12.5% CAGR through 2032 owing to the introduction of new high-speed optical transceivers

North America held over 35% share of the data center interconnect industry in 2022 driven by the increasing trend of acquiring DCI portfolios in the region

Cisco Systems, Inc., Equinix, Extreme Networks, Fujitsu, NOKIA, Huawei Technologies Co., Ltd., and Juniper Networks, Inc. are some of the prominent data center interconnect companies