Global Data Center Network Infrastructure Market 2019-2023 | Increase in AI Applications to Boost Growth | Technavio

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Jun 14, 2019 09:30 am
LONDON -- 

The global data center network infrastructure market is expected to post a CAGR of more than 12% during the period 2019-2023, according to the latest market research report by Technavio. However, the market’s momentum will decelerate in the coming years because of the decrease in year-over-year growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190614005229/en/

Technavio has published a new market research report on the global data center network infrastructur ...

Technavio has published a new market research report on the global data center network infrastructure market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global data center network infrastructure market size is the demand for high-bandwidth switches by hyperscalers and colocation service providers. Hyperscalers such as Google, Microsoft, and AWS are significantly increasing the number of data centers in locations where they already have a presence and boosting their investments in new regions. Moreover, hyperscalers and colocation service providers are focusing on implementing high-bandwidth solutions in their data centers owing to the changing demand of organizations. This is increasing the demand for high-bandwidth ethernet switches. Therefore, the growing demand for high bandwidths from hyperscalers and colocation service providers is expected to drive the data center network infrastructure market growth during the forecast period.

As per Technavio, the increase in AI/ML applications in data center networking will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global data center network infrastructure market 2019-2023 research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

Global Data center network infrastructure market: Increase in AI/ML applications in data center networking

Artificial Intelligence (Al) technologies are increasingly being deployed across various components within data centers as they help automate tasks and reduce errors due to human intervention. Al was used mainly for ransomware detection initially. However, it is now being used to provide more insightful and actionable recommendations. It can also be used to ensure proper bandwidth allocation within cloud data centers and fix network utilization issues. This will improve the overall data center network performance. Therefore, the increase in AI applications in data center networking will fuel market growth during the forecast period.

“Apart from the increase in AI/ML applications in data center networking, other factors such as the growing adoption of NVMe-oF, and the increase in white box manufacturers for networking equipment will have a significant impact on the growth of the data center network infrastructure market size during the forecast period,” says a senior analyst at Technavio.

Global Data center network infrastructure market: Segmentation analysis

This market research report segments the global data center network infrastructure market by technology (Ethernet switches, data center interconnect, routers, and other networking infrastructure) and geographic regions (APAC, Europe, North America, South America, and MEA).

The North American region led the data center network infrastructure market in 2018, followed by Europe, APAC, MEA, and South America, respectively. The growth of the data center network infrastructure market revenue in North America can be attributed to the increasing demand for cloud services in the region. The demand for cloud services is increasing due to their benefits that include the ability to scale resources as per the needs of a customer.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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