Data Center Networking Market
Data Center Networking Market Size And Forecast
Data Center Networking Market was valued at USD 18.8 Billion in 2018 and is projected to reach USD 42.2 Billion by 2026, growing at a CAGR of 10.5% from 2019 to 2026.
Global Data Center Networking Market Outlook
The growing adoption of cloud computing across various industry verticals is major factor expected to propel the demand for data center networking. According to Oracle's Cloud Prediction 2019, 80% of all enterprise (and mission-critical) workloads will move to the cloud. Moreover, growing need to high speed by the internet users has also given a helping hand in the boost of the global market. The dependability of enterprises on the data centers increased productivity, and reduced cost for maintenance are other factors responsible for elevating the development of the global data center network market. On the other hand, the lack of data center skills shortage and irregularities in the data protection regulatory scenario are the factors that might inhibit the market growth.
Global Data Center Networking Market Competitive Landscape
The Global Data Center Networking Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as IBM Corporation, Alcatel-Lucent S.A., Dell Inc., Equinix Inc., Cisco Systems Inc., Hitachi Data Systems Corporation, HP Development Company, L.P., Vmware, Inc., Fujitsu Limited, and Intel Corporation.
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