“Global Data Centre Network Infrastructure Market Report and Forecast 2021-2026” Global Data Centre Network Infrastructure Market to be Driven by Rise in the Data Centre Networking AI/ML Applications in the Forecast Period of 2021-2026
The new report by Expert Market Research titled, 'Global Data Centre Network Infrastructure Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026', gives an in-depth analysis of the global Data Centre Network Infrastructure market , assessing the market based on its segments like technology, product type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 13%
The rise of data centre networking AI/ML applications will be a key data centre network infrastructure industry trend, propelling the market size of data centre network infrastructure to new heights. The market for data centre network infrastructure will rise as demand for high-bandwidth switches grows among hyper-scale and colocation service providers.
Industry Definition and Major Segments
The basic physical and hardware-based assets and components that make up a data centre, including all IT network software, devices, and technologies, are referred to as data centre infrastructure. Components such as storage arrays, servers, and networking devices make up the data center's network infrastructure.
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The industry can be broadly categorised based on technology into:
• Ethernet Switches
• Data Centre Interconnect
The industry can be divided based on the product type as:
• IT Racks and Enclosures
• LV/MV Distribution
• Networking Equipment
The industry can be segmented according to its application sectors as:
• IT and Telecom
The global regions for data center network infrastructure market include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Companies are rapidly using AI technologies in data centre networking. End-users would be able to automate repetitive tasks and eliminate errors caused by human intervention if AI was implemented across various data centre components. By resolving network bottlenecks, addressing network utilisation issues, and offering sufficient cloud data centre bandwidth allocation, AI also helps to improve the overall performance of the data centre network. In the forecast period, the usage of AI in network infrastructure monitoring tools and network equipment, such as routers and switches, is predicted to rise even further, assisting the data centre network infrastructure industry's growth.
Key Market Players
The major players in the market are Arista Networks Inc. (NYSE: ANET), Cisco Systems, Inc., Dell Technologies Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Juniper Networks Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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