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Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications

Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>

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Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. DATA CENTER NETWORKING MARKET ANALYSIS Data Center Networking Market, Component Type (Hardware, Software and Services) By Industry Vertical (Telecommunications, Government, Retail, Media & Entertainment, BFSI, Healthcare, Education and Others and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Market Overview The global Data Center Networking market was valued US$ 95.05 Bn in 2019 and expected to reach US$ 308.05 Bn by 2027. Market Dynamics Drivers • Growing adoption of cloud data storage to reduce operational cost is expected to drive growth of the global data center networking market during the forecast period • Increasing implementation of data center virtualization and cloud computing is expected to propel the global data center networking market growth over the forecast period

  4. Figure 1: Market Share

  5. Market Dynamics- Restraints • Uncertainty regarding data protection laws is expected to restrain growth of the global data center networking market during the forecast period • Increasing complexity of data center designs is expected to hamper the global data center and networking market growth over the forecast period

  6. Market Opportunities • Growing demand from oil & gas and telecom industries is expected to present lucrative growth opportunities • Growing demand from oil & gas and telecom industries is expected to present lucrative growth opportunities

  7. Figure 2: Market Opportunity

  8. Market Trends • Growing volume of data center IP traffic • Increasing data center and cloud storage capacity and utilization • Segment information: In global Data Center Networking market, by software component, the Switching operating system (OS), sub-segment dominated the global market in 2019, accounting for 32.7% share in terms of value, followed by Management software, Virtual switches, and controller respectively.

  9. Figure 3: Market Share

  10. Competitive Section Key players operating in the global data center and networking market are Google, Inc., Huawei Technologies Co. Ltd., Cisco Systems, Inc., Brocade Networking Solutions, Hewlett Packard Enterprise, Extreme Networks, Inc., Arista Networks, Avaya, Inc., Juniper Networks, Dell Inc., and Microsoft Corporation.

  11. Key Developments • Key players in the market are focused on mergers and acquisitions, in order to gain competitive edge in the market. For instance, in March 2017, Extreme Networks, a U.S.-based networking company, acquired Brocade Networking Solutions’ data center networking business for US$ 55 million. • Major companies in the market are focused on partnerships and collaborations, in order to enhance the market presence. For instance, in January 2020, Hewlett Packard Enterprise partnered with Cumulus Networking, an open networking software vendor, to address the increasing demand for network infrastructure.

  12. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/press-release/data-center-networking-market-2899

  13. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  14. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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