Europe Data Center Interconnect Market, By Product (Product, Software, Services), Technology (CSPs, CNPs/ICPs, Government, Enterprises), Application (Real-Time Disaster Recovery and Business Continuity, Shared Data and Resources/Server High-Availability Clusters (Geoclustering) Consumer and Workload (VM), Data (Storage) Mobility), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Rest of Europe) Industry Trends and Forecast to 2029
Market Analysis and Insights: Europe Data Center Interconnect Market
The data center interconnect market is expected to witness market growth at a rate of 12.50% in the forecast period of 2022 to 2029, and is estimated to the reach the value of USD 3,437.61 million by 2029. Data Bridge Market Research report on data center interconnect market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of data center interconnect market.
Data center interconnect is referred as a technique that is widely used in order to connect and allow networking between two or more different data centers. The technique is done in an enterprise environment for acquiring IT and business objectives. This type of technology uses high speed packet-optical connectivity to connect data centers together over short, medium or long distances.
The migration toward the cloud across the globe acts as one of the major factors driving the growth of data center interconnect market. The increase in demand of cloud infrastructure for flexibility and agility, and high adoption of the technique for supporting applications such as business continuity and disaster recovery accelerate the market growth. The cloud computing and the recent increase in OTT services consumption because of lockdown and rise in need for efficiency and cost reduction of the datacenters further influence the market. Additionally, rapid infrastructural developments, expansion of end use industry, rise in digitization and emergence of industry 4.0 positively affect the data center interconnect market. Furthermore, deployment of 5G extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, limitations with capacity and high initial investments are expected to obstruct the market growth. Security concerns are projected to challenge the data center interconnect market in the forecast period of 2022-2029.
This data center interconnect market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info data center interconnect market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Data Center Interconnect Market Scope and Market Size
The data center interconnect market is segmented on the basis of product, technology and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the data center interconnect market is segmented into product, software and services.
- On the basis of technology, the data center interconnect market is segmented into CSPs, CNPs/ICPs, government and enterprises.
- On the basis of application, the data center interconnect market is segmented into real-time disaster recovery and business continuity, shared data and resources/server high-availability clusters (geoclustering) consumer and workload (VM) and data (storage) mobility.
Europe Data Center Interconnect Market Country Level Analysis
The data center interconnect market is analyzed and market size insights and trends are provided by country, product, technology and application as referenced above.
The countries covered in the Europe data center interconnect market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.
Germany dominates the Europe data center interconnect market due to the technological advancements within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Data Center Interconnect Market Share Analysis
The data center interconnect market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to data center interconnect market.
Some of the major players operating in the data center interconnect market report are Ciena Corporation, Juniper Network Inc., Coresite Realty Corporation, Digital Realty Trust, Ranovus Inc., Equinix, Inc., Brocade Communications Systems Inc., CISCO Systems, Inc., Extreme Networks, Infinera Corporation, XKL, LLC, Innovium Inc., and Cologix, among others.
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