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Data Center Networking Market Trends

Report ID: GMI2578
Published Date: Jul 2023
Report Format: PDF

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Data Center Networking Market Trends

Rapid growth of hyperscale data centers and colocation trend is creating ample growth opportunities for the industry. Data center networking manages the routing and optimization of data traffic within the hyperscale data center. It determines the most efficient paths for data packets to travel between servers, storage systems, and other network devices. Advanced routing algorithms and traffic optimization techniques are now being utilized to minimize latency, reduce congestion, and ensure optimal network performance.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global Market size for data center networking was USD 22.4 billion in 2022 and will record over 12% CAGR from 2023 to 2032.

Data center networking share from the IT & telecom sector was over 20% in 2022 and is projected to grow significantly through 2032 due to the growing demand for online banking services that require robust security measures.

North America data center networking share was around 35% in 2022 and will expand significantly through 2032 owing to the flourishing IT infrastructure across the region and focus on providing reliable internet service for the public.

IBM Corporation, Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Dell Inc., Microsoft Corporation, Intel Corporation, Juniper Networks, and Cisco Systems Inc., among other.