Data Center Interconnect (DCI) Market is expected to grow at CAGR 10.5% during the forecast period, 2019-2025
Published | November 2019
According to BlueWeave Consulting, the Global Data Center Interconnect (DCI) Market is expected to grow at a significant rate during the forecast period. The Global Data Center Interconnect (DCI) Market is projected to reach the value of approximately USD billion by the end of the year 2025, by growing at 10.5% CAGR during the forecast period 2019 to 2025. The market is growing owing to various factors.
It is majorly driven by an increasing focus on the reduction of high power consumption, increasing requirement of bandwidth in the data centers; bolstering demand for data backup, disaster recovery, and business continuity solution; along with the rapid migration to the cloud-based services for security purposes. However, the cost of the higher initial investment in integrating the DCI hinders the growth of the DCI market.
DCI is a significant driving factor for the equipment designers of the optical system industry. DCI is set to be the helping factor for enormous ventures, as endeavors need to interface their server farms to make the information utilization secure, adaptable, financially savvy, and also, arrive at the client's desires. The interconnection of data centers has made ICPs, CSPs, wavelength suppliers, hardware suppliers, and other specialist organizations battle among one another to verify the spot in the DCI environment.
The services segment from the type section is required to observe the most elevated development rate in the Global Data Center Interconnect (DCI) Market during the forecast period
The market for the services segment is relied upon to develop at the most elevated CAGR somewhere in the range of 2019 and 2025. The DCI-related administrations, for example, professional services (consulting and integration, and training, support, and maintenance) and managed administrations, added to the general elite framework that empowers productive procedures, smart systems, and cross-zone enhancement, in this manner bringing about the high selection of these administrations in the DCI market.
The real-time disaster recovery and business continuity application from the application section is required to observe the biggest market size in the Global Data Center Interconnect (DCI) Market during the forecast period
The real-time disaster recovery and business continuity application hold the biggest market size during the conjecture time frame. DCI empowers information transmission between the dynamic and reinforcement server farms by utilizing 3 interconnection modes: Layer 1 optical transmission interconnection, Layer 2 interconnection, and Layer 3 IP interconnection. In this manner, DCI is generally conveyed for the real-time disaster recovery and business continuity application.
The North American region holds a major share in the Global Data Center Interconnect (DCI) Market during the forecast period
North America held the biggest share in the global Data Center Interconnect (DCI) Market in the year 2019 inferable from the nearness of significant DCI merchants, and the developing number of server farms in the locale. The market in the Asia Pacific (APAC) is required to develop at the most elevated CAGR somewhere in the range of 2019 and 2025. The development of the global Data Center Interconnect (DCI) Market in the APAC region is driven by the developing appropriation of current innovations, for example, distributed computing and IoT, which creates a colossal measure of information. To deal with this information, countless server farms have been sent in this district, bringing about levels of popularity for DCIs.
Global Data Center Interconnect (DCI) Market: Competitive Insight
Cisco Systems, Inc. (US), Extreme Networks, Inc. (US), Fujitsu Ltd. (Japan), and Infinera Corporation (US), Ciena Corporation (US), Huawei Technologies Co., Ltd. (China), ADVA Optical Networking SE (Germany), Nokia Corporation (Finland), Juniper Networks, Inc. (US), among others are some of the major players in the global Data Center Interconnect (DCI) (DCI) Market.
Browse Detailed Analysis with TOC, “Global Data Center Interconnect (DCI) Market by Type (Software, Service, and Hardware), by Application (Real-Time Disaster Recovery & Business Continuity, Workload & Data Mobility, and Shared Data and Resources/Server High-Availability Clusters), by End-User type (Media and entertainment, Healthcare, Retail and E-commerce, Enterprise, Utility and power, Banking and finance, and others), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2015-2025”
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Data Center Interconnect (DCI) Market size & forecast. The report promises to provide state-of-the-art technology of Data Center Interconnect (DCI) Market and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.