Global Data Center Networking Market Industry Trends and Forecast to 2027
Data Center Networking Market
Manufacturing industries are
utilising automated and AI-powered solutions to manage factory operations, resulting in massive
amounts of data. The growing demand for data storage is driving the
construction of hyper-scale data centres, which necessitate efficient network
management and monitoring of complex infrastructure and components. The advent
of digitalization in the manufacturing sector will drive the expansion of the
data centre networking market. IoT is becoming increasingly popular in the
manufacturing sector, particularly in the automotive industry. As manufacturers
increase their use of connected devices, the demand for high-performance IT and
network infrastructure solutions will rise, propelling the industry forward.
According
to Coherent Market Insights the Data
Center Networking Market Size, Share, Outlook, and Opportunity
Analysis, 2019 - 2027
The rapidly expanding European industrial sector is a major driver of the data centre networking market's growth. The robust manufacturing sector's adoption of advanced technologies such as artificial intelligence (AI), machine learning, and cloud computing will drive demand for advanced networking solutions. To remain competitive in the market, manufacturers are introducing autonomous vehicles as a differentiator. The increased generation of data by self-driving vehicles is driving the demand for data centre networking solutions in Europe. Because instantaneous and real-time communications are critical for the efficient implementation of autonomous systems, data centre providers are emphasising the incorporation of high-end networking equipment to ensure rapid system interconnectivity.
The global data centre market is divided into three sections: products, end users, and vertical. The market is divided into product categories such as storage area network (SAN), WAN optimization appliances, Ethernet switches, routers, and application delivery controllers (ADC). The market is divided into three segments based on end user: enterprises, telecommunication service providers, and cloud service providers. The market is divided into vertical segments such as telecom and IT, energy, government, healthcare, and others. The increasing internet penetration in several countries in the region will drive demand for data centre networking solutions for efficient data handling. Government agencies are assisting in the development of internet infrastructure to aid in overall economic development. This, in turn, will support data centre market demand.
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