Data Center Networks Market 2021: Demand, Development Strategy, Explosive Factors of Revenue by Key Vendors Size, Future Trends and Industry Growth Research Report
Posted on Dec 2 2020 7:01 AM
"Data Center Networks Market study throws bright on the Consumer behavior and retail (POP) factor for instruments industry."
The report focuses on the favorable Global “Data Center Networks market” and its expanding nature. The Data Center Networks market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.
Market Overview:● The global data center network market is expected to register a CAGR of 5.5%, during the forecast period (2019 - 2024). Edge has become an essential component to the data center and cloud services to bring computing resources, data, and processing closer to the edge. It functions as the decentralized extension of the campus networks, cellular networks, cloud or data center networks.
● - Increasing utilization of cloud storage is driving market growth. According to Oracle's Cloud Prediction 2019, 80% of all enterprise (and mission-critical) workloads will move to the cloud. Even as the absolute number of files stored in the cloud has increased rapidly, the percentage of files that contain sensitive data has also grown, today standing at 21% with an increase of 17% over the past two years.
● - There is a rising need for backup and storage as the amount of data generated increases. More storage arrays now have in-cloud equivalents that can be easily replicated and failed over to if needed. Hewlett Packard Enterprise Cloud Volumes (Nimble), IBM Spectrum Virtualize, and Oracle cloud storage, which uses Oracle ZFS Storage Appliance are some examples.
● - However, lack of data center skills shortage is the factor hindering the market demand. The historically low profile of datacenters as a career choice, combined with increasing management and operational complexity along with local shortages of suitably qualified staff creates a negative impact on the market.
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● Cisco Systems Inc.
● Juniper Networks Inc.
● Arista Networks Inc.
● H3C Holding Limited
● VMware Inc
● Huawei Technologies Co. Ltd.
● Extreme Networks Inc.
● Equinix Inc.
● Cumulus Networks Inc.
● Dell EMC
● NEC Corporation
● Big Switch Networks Inc.
● Lenovo Group Ltd.
Market Dynamics: –● Drivers: (Developing regions and growing markets)
● Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
● Opportunities: (Regional, Growth Rate, Competitive, Consumption)
Data Center Networks market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Data Center Networks market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Data Center Networks market have also been involved in the study.
Scope of the Report:
● Data center networking (DCN) essentially is the process of interconnecting and establishing the entire physical and network-based devices and equipment within a data center facility. In the current web-connected world, business workloads are executed on single computers, hence leading to the need for data center networking. Networks provide servers, clients, applications, and middleware with a standard plan to stage the execution of workloads, and also to manage access to the data produ
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TOC of Data Center Networks Market Report Covered:
Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Data Center Networks market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…
Reasons to Purchase Data Center Networks Market Report Covered:● The report analyses how Data Center Networks market will grow in the future.
● Analyzing various perspectives of the Data Center Networks market with the help of Porter’s five forces analysis.
● Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
● Recognize the new developments, Data Center Networks market shares and policies employed by the major market players.
● Competitive landscape including the Data Center Networks market share of major players along with the key policies accepted for development in the past five years
● Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Data Center Networks market players
Key Market Trends:
Retail Industry to Dominate the Market
- According to the most recent Shopping Index of Salesforce, e-commerce grew 17% in the third quarter in 2018, globally. In the US, the US Census Bureau reported that online commerce represented 9.6% of total retail. Around 87% of the US shoppers began their hunt in digital channels, up from 71% the prior year. This calls for increased use of data centers.
- Personalizing the shopping experience means customersâ transaction history to be recorded so that the retailer can provide recommendations. Due to the increasing number of shoppers, the need of data centers has become mandatory.
- With the use of the data center network, there is no need for retailers to worry about storing transaction and customer data at one place, which in turn increases the security of the data.
- An emerging economy like India, which is facing increasing participation from foreign and private players, is predicted to generate revenue worth USD 60 billion in retail by 2020, according to IBEF. This increased revenue and demand for retail sales will generate more data requiring efficient data centers.
Asia-Pacific to Witness the Highest Growth
- Due to population growth and rise in e-commerce, Asia-Pacific is experiencing a surge in data generated from digital products and services.
- Government initiatives such as Digital India, planned to be completed in 2019 and aimed at transforming the country into a digitally empowered economy, is set to contribute to the growth of data centers in India.
- Major players are expanding their presence in Asia-Pacific. For instance, in January 2019, Alibaba Cloud, the cloud computing arm of Alibaba Group, announced the launch of a second data center in Indonesia - only ten months after the inauguration of its first one in the country. Facebook, which in September 2018 announced that it will be spending USD1bn (SUSD 1.4bn) to build a data center in Singapore, its first in Asia. The facility is expected to open in 2022.
- With the increased usage of cloud-based services, the Internet of Things (IoT) and big data analytics, the construction of data centers has rocketed in recent years.
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Study objectives of Data Center Networks Market Report:● To provide a detailed analysis of the market structure along with the Data Center Networks market forecast of various segments and sub-segments of the Data Center Networks market
● To provide insights into factors influencing and affecting market growth
● To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
● To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
● To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
● To provide economic factors, technology and Data Center Networks market trends that influence the global Data Center Networks market
Detailed TOC of Data Center Networks Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Utilization of Cloud Storage is Driving the Market Growth
4.3.2 Rising Need for Backup and Storage is Expanding the Market Demand
4.4 Market Restraints
4.4.1 Lack of Skilled Professionals is Hindering the Market Demand
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Ethernet Switches
5.1.2 Storage Area Network
5.1.4 Other Products
5.2 End-user Vertical
5.2.5 Other End-user Verticals
5.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 Rest of Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Cisco Systems Inc.
6.1.2 Juniper Networks Inc.
6.1.3 Arista Networks Inc.
6.1.4 H3C Holding Limited
6.1.5 VMware Inc
6.1.6 Huawei Technologies Co. Ltd.
6.1.7 Extreme Networks Inc.
6.1.8 Equinix Inc.
6.1.9 Cumulus Networks Inc.
6.1.10 Dell EMC
6.1.11 NEC Corporation
6.1.12 Big Switch Networks Inc.
6.1.13 Lenovo Group Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
Name: Ajay More
Phone: US +14242530807/ UK +44 20 3239 8187
Email: [email protected]
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