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Recent research: Global data center interconnect market is projected to reach at a CAGR of 10.6% during the forecast period 2017-2024

The new report "Global Data Center Interconnect Market is Projected to Reach at a CAGR of 10.6% During the Forecast Period (2017-2024)".

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The Global Data Center Interconnect market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Type {Product (Packet Switching Networking, Packet Optical Transport/Packet Optical Networking, Converged Packet Optical), Software, Services (Professional Services, Managed Services)}; By Application (Real-Time Disaster Recovery and Business Continuity, Shared Data and Resources/Server High-Availability Clusters (Geoclustering), Workload (VM) and Data (Storage) Mobility) By End-Users (Communication Service Providers, Carrier Neutral Providers/Internet Content Providers, Government, Enterprises) – Industry Trends and Forecast to 2024

Global Data Center Interconnect Market accounted for USD 3.25 billion in 2016 growing at a CAGR of 10.6% during the forecast period of 2017 to 2024.

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Market Definition: Global Data Center Interconnect Market

Data center interconnect is defined as the networking of multiple different data centers to achieve business or IT objectives using networking tools and techniques along with supported software and data center management processes. This interconnectivity between separate data centers enables them to work together, share resources and/or pass workloads between one another.

The market is largely driven by the increasing need for reducing high power consumption and bandwidth requirements and need to securely backup and replicate critical data and applications between multiple locations for wide range of enterprises.

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Company Share Analysis: Global Data Center Interconnect Market

The report for data center interconnect market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.

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Major Market Competitors: Global Data Center Interconnect Market

Some of the major players of the global data center interconnect market are Ciena Corporation (US), Huawei Technologies Co., Ltd. (China), ADVA Optical Networking SE (Germany), Nokia Corporation (Finland), Juniper Networks, Inc. (US), Cisco Systems, Inc. (US), Extreme Networks, Inc. (US), Fujitsu Ltd. (Japan), Infinera Corporation (US), Brocade Communications Systems Inc., Extreme Networks, Inc., Colt Technology Services Group Limited, Colt Technology Services Group Limited, Colt Technology Services Group Limited, Digital Realty Trust Inc., Ekinops S.A., Fiber Mountain Inc., Innovium Inc., MRV Communications Inc., Megaport Limited, Pluribus Networks Inc., Ranovus Inc., Viawest Inc., XKL LLC, ZTE Corporation, among others.

Market Segmentation: Global Data Center Interconnect Market

The data center interconnect market is segmented on the basis of type into product, software and services. The product segment is further sub-segmented into packet switching networking, packet optical transport/packet optical networking, and converged packet optical.

The global data center interconnect market is also segmented on the basis of applications real-time disaster recovery and business continuity , shared data and resources/server high-availability clusters (Geoclustering) , and workload (VM) and data (storage) mobility. 

On the basis of end user the global data center interconnect market is further segmented into communication service providers, carrier neutral providers/internet content providers, government, and enterprises.

On the basis of geography, global data center interconnect market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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