DUBLIN--(BUSINESS WIRE)--The "Data Center Interconnect Market by Type (Product, Software, Services), Application (Real-Time Disaster Recovery and Business Continuity, Workload (VM) and Data (Storage) Mobility), End User, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global data center interconnect market size is projected to grow from USD 7.9 billion in 2020 to USD 14.0 billion by 2025; it is expected to grow at a CAGR of 12.1% from 2020 to 2025.
Drivers such as the migration toward the cloud and the growing borderless nature of global economy and opportunities such as the anticipated deployment of 5G and proliferation of applications are expected to fuel the growth of the data center interconnect industry.
Carrier-neutral providers/internet content providers to hold the largest share of the data center interconnects market during the forecast period.
CNPs and ICPs operate most of the data centers and host thousands of servers. These data centers require terabits of optical transport capacity over the metro, regional, and long-haul distances, which can be achieved by linking and transporting traffic between data centers using DCI. This requirement is expected to lead to a growing demand for DCI solutions by CNPs and ICPs during the forecast period.
Shared data and resources/Server high availability clusters (Geoclustering) segment expected to grow at the highest CAGR during the forecast period
Geo clustering detects hardware/software faults and immediately provides access to the application on another system without requiring administrative intervention. The demand for the deployment of DCI for the geo clustering application is increasing due to the benefit it provides for the protection of workloads across globally distributed data centers. These attributes are expected to result in a higher growth rate of deployment of DCI solutions for the geo clustering application during the forecast period.
- Migration Toward The Cloud
- Growing Borderless Nature of Global Economy
- High Initial Investments
- Anticipated Deployment of 5G
- Proliferation of Applications
- Capacity Limitations
- Security Concerns
- Ciena Corporation
- Nokia Corporation
- Huawei Technologies Co. Ltd.
- Juniper Networks, Inc.
- Infinera Corporation
- Adva Optical Networking Se
- Cisco Systems, Inc.
- Extreme Networks, Inc.
- Fujitsu Ltd.
- Colt Technology Services Group Limited
- XKL, LLC
- Ekinops S.A.
- Pluribus Networks
- ZTE Corporation
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