Data Center Networking Market Trends in Growth: Share, Value, Size, and Insights Overview

Data Center Networking Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Data Center Networking Market which was USD 27.88 Billion in 2023 is expected to reach USD 67.67 Billion by 2031 and is expected to undergo a CAGR of 11.72% during the forecast period of 2023 to 2031. Data Center Networking Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Data Center Networking Market Segmentation Analysis

Global Data Center Networking Market, By Component (Hardware, Software, Service), End User (Telecommunications, Government, Colocation, Defense, Retail, Media and Entertainment, BFSI, Healthcare, Manufacturing, Education, Others) - Industry Trends and Forecast to 2031.

Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-data-center-networking-market

Which are the top companies operating in the Data Center Networking Market?

The “Global Data Center Networking Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Data Center Networking Market extension. This Data Center Networking Market report provides the information of the Top 10 Companies in Data Center Networking Market in the market their business strategy, financial situation etc.

**Segments**

- By Component: Hardware (Ethernet Switches, Routers, Storage Area Network Equipment, Network Security Equipment), Software (SDN Controllers, SD-WAN), Service (Professional Services, Managed Services)
- By End-User: Enterprises, Cloud Service Providers, Telecommunication Service Providers
- By Data Center Type: Tier 1, Tier 2, Tier 3, Tier 4
- By Application: Real-Time Disaster Recovery and Business Continuity, Content Delivery Network, Data Replication, Backup, and Migration, DevOps, Others
- By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, South America

The global data center networking market in 2020 was valued at $22.19 billion and is expected to reach $40.21 billion by 2028, growing at a CAGR of 7.8% during the forecast period. The demand for high-speed data services, increasing adoption of cloud computing, and the surge in data traffic have been driving the growth of the data center networking market. Additionally, the rise in the number of data centers globally and the need for efficient data management solutions further propel market growth.

In terms of components, the hardware segment dominated the market in 2020, with Ethernet switches and routers being the key revenue contributors. The software segment, particularly software-defined networking (SDN) controllers, is anticipated to exhibit significant growth due to the increasing focus on network automation and virtualization. Moreover, the service segment, including professional and managed services, is expected to witness steady growth as organizations seek external support for network management.

**Market Players**

- Cisco Systems, Inc.
- Arista Networks, Inc.
- Juniper Networks, Inc.
- Huawei Technologies Co., Ltd.
- Dell Technologies, Inc.
- Extreme Networks, Inc.
- Nokia Corporation
- Hewlett Packard Enterprise Development LP
- IBM Corporation
- VMware, Inc.

Key players in the global data center networking market are focusing Cisco Systems, Inc. leads the global data center networking market with its comprehensive portfolio of networking solutions catering to enterprises, cloud service providers, and telecommunication service providers. The company's range of hardware components, including Ethernet switches and routers, is widely adopted for their reliability and performance in data center environments. In addition, Cisco's software offerings such as SDN controllers and SD-WAN solutions address the growing demand for network automation and virtualization in modern data centers. The company's emphasis on providing professional services and managed services further solidifies its position as a key player in the market, offering end-to-end networking solutions to its customers.

Arista Networks, Inc. is another prominent player in the data center networking market, known for its high-performance networking switches and software products. Arista's focus on cloud networking technologies has resonated well with cloud service providers, driving its market growth. The company's innovative approach to network design and its commitment to open standards have positioned it as a preferred choice for organizations seeking scalable and agile networking solutions for their data centers.

Juniper Networks, Inc. is recognized for its advanced routing and switching solutions designed for data center environments. Juniper's products are well-regarded for their robust security features and high availability, making them ideal for mission-critical applications in enterprises and telecommunication service providers. The company's investment in software-defined networking and network security technologies further enhances its competitive edge in the market, catering to the evolving needs of data center networking customers.

Huawei Technologies Co., Ltd. has emerged as a major player in the global data center networking market, offering a wide array of networking equipment and services. Huawei's presence in the telecommunication industry has allowed it to establish a strong foothold in the data center networking segment, providing end-to-end solutions for network infrastructure and management. The company's focus on innovation and research and development ensures that it stays ahead of market trends, catering to the diverse requirements of data center operators worldwide.

Overall, the global data center networking**Market Players**

- Cisco Systems, Inc. (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Arista Networks, Inc. (U.S.)
- Juniper Networks, Inc. (U.S.)
- Microsoft (U.S.)
- Huawei Technologies Co., Ltd. (China)
- Dell Inc. (U.S.)
- Avaya Inc. (U.S.)
- Extreme Networks (U.S.)
- VMware, Inc. (U.S.)
- ALE International (France)
- Intel Corporation (U.S.)
- Equinix, Inc. (U.S.)
- Curvature (U.S.)
- Pluribus Networks (U.S.)
- Apstra (U.S.)
- Broadcom (U.S.)
- Rahi Systems (U.S.)
- NEC Corporation (Japan)
- IBM (U.S.)

**Market Analysis:**

The global data center networking market is experiencing robust growth fueled by the increasing demand for high-speed data services, the rapid adoption of cloud computing, and the surge in data traffic worldwide. The market is poised for further expansion, with a projected CAGR of 7.8% from 2020 to 2028, reaching a value of $40.21 billion by the end of the forecast period.

Hardware components such as Ethernet switches and routers continue to dominate the market, with organizations emphasizing the importance of reliable and high-performance networking equipment in data center environments. Software-defined networking (SDN) controllers are gaining traction due

Explore Further Details about This Research Data Center Networking Market Report https://www.databridgemarketresearch.com/reports/global-data-center-networking-market

Overview of the Data Center Networking Market Research Report

The Data Center Networking Market research report commences with an in-depth overview covering definitions, applications, product/service launches, developments, challenges, and regional analysis. The forecast underlines robust growth fueled by increasing consumption in diverse markets. Furthermore, the report delves into current market trends and key characteristics.

Objectives of the Report

Conduct a comprehensive investigation to forecast the value and volume of the Data Center Networking Market.

Analyze and project market shares for major segments within the Data Center Networking Market.

Depict the evolving landscape of the Data Center Networking Market across global regions.

Examine and assess micro markets, their contributions, and growth potential within the Data Center Networking Market.

Provide accurate insights into the factors driving the growth of the Data Center Networking Market.

Offer a detailed analysis of key strategies adopted by major companies, such as R&D, collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.

Market Overview

The study concentrates on the present state of the Data Center Networking Market, evaluating key statistics including CAGR, gross margin, revenue, pricing, production growth rate, volume, value, market share, and year-over-year growth. This thorough analysis is conducted using the latest primary and secondary research methods. Leading company profiles are scrutinized based on factors like the markets they serve, production, revenues, market shares, recent developments, and gross profit margins. The report also provides a detailed exploration of market drivers, constraints, opportunities, challenges, and trends within the market dynamics section.

Table of Contents:
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report Description Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Application
Market Snapshot, By Region
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
And more...

Browse More Reports:

Data Bridge Market Research:

Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting firm known for its innovative and unique approach, coupled with unparalleled resilience and integrated methods. We are committed to identifying prime market opportunities and delivering insightful information to help your business excel in the marketplace. Data Bridge provides customized solutions to complex business challenges, ensuring a seamless decision-making process. Founded in Pune in 2015, Data Bridge is the result of profound wisdom and extensive experience.

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- corporatesales@databridgemarketresearch.com

Search This Blog

MarketsNews