Global Data Center Interconnect Market Estimated To Reach Around USD 41.85 Billion by 2032

As per Zion Market Research, the global Data Center Interconnect Market, estimating its value at USD 12.35 Billion in 2023, with projections indicating that it will reach USD 41.85 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 14.52% over the forecast period 2024-2032. The data center interconnect is referred to as a technique utilized to connect and facilitate networking amid two or more data centers. The data center interconnect is typically done in an enterprise background to attain IT & business aims. One of the benefits of this method is it permits various data centers to pass workloads, share resources, and work together. Such a system can also be used to pool the resources of various data centers to fulfill scalability goals.

Some of the key players in the market are Brocade Communications Systems Inc., ADVA Optical Networking SE, Cisco Systems Inc., Ciena Corporation, Colt Technology Services Group Ltd., Cologix Inc., Coriant GmbH, Coresite Realty Corporation, Ekinops S.A., Digital Realty Trust Inc., Fiber Mountain Inc., Extreme Networks Inc., Huawei Technologies Co. Ltd., Fujitsu Ltd., Innovium Inc., Infinera Corporation, MRV Communications Inc., Juniper Networks Inc., Nokia Corporation, Megaport Limited, Ranovus Inc., Pluribus Networks Inc., XKL LLC, Viawest Inc., and ZTE Corporation.

Increasing Focus On Reducing High Bandwidth & Power Consumption In Data Centers To Boost The Global Market

The growth of the global market is impelled by various factors, like augmenting focus on decreasing high power consumption & bandwidth need in data centers; mounting demand for data backup, disaster recovery, and business continuity solution; and speedy migration to cloud-based services. Nevertheless, the higher initial investment in executing the DCIs impacts market expansion. There are many aspects propelling the global data center interconnect market. The mounting focus on lowering high bandwidth & power consumption across data centers is likely to be the main driver of the market. Additionally, the growing demand for data backup & disaster recovery services to make sure business continuity is expected to emerge as a driving factor of the market. In addition, the shift toward cloud-based services has augmented the data centers demand, which is projected to spur the expansion of the data center interconnect market.

The global data center interconnect market is bifurcated on the component, application, industry, and regional analysis. Based on the component, the market is divided into solutions and services. Based on the industry, the market is divided into CNP (carrier-neutral providers)/ICP (internet content providers), CSP (communication service providers), banking & finance, government & public sector, healthcare, retail, media & entertainment, e-commerce, and others. Based on the application, the market is divided into federated data storage, real-time disaster recovery & business continuity, and content delivery.

The North America Region Predicted To Witness Massive Share In Global Data Center Interconnect Market

Based on geographical analysis, the global data center interconnect market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region is anticipated to hold the largest share of the market due to the increasing usage of data center interconnect devices in commercial, industrial, and military & defense verticals. The market across the North America region is likely to develop at a significant rate, driven by nations the U.S., due to their surging adoption of cooling data center interconnect cameras in the scientific research vertical and augmented defense expenditure.

Browse the full “Data Center Interconnect Market - By Component (Solutions and Services), By Application (Federated Data Storage, Real-Time Disaster Recovery & Business Continuity, and Content Delivery), By Industry (CNP/ICP, CSP, Banking & Finance, Government & Public Sector, Healthcare, Retail, Media & Entertainment, E-Commerce, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/data-center-interconnect-market

The global data center interconnect market is segmented as follows:

By component:

• Solutions
• Services

By industry:

• Carrier Neutral Providers (CNP)/Internet Content Providers (ICP)
• Communication Service Providers (CSP)
• Healthcare
• Government & Public Sector
• Banking & Finance
• Media & Entertainment
• E-Commerce
• Retail
• Others

By application:

• Federated Data Storage
• Real-Time Disaster Recovery & Business Continuity
• Content Delivery

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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