Global Data Center Interconnect Solutions Market 2019-2026

The global data center interconnect solutions market will grow at a CAGR of over 12% during 2018-2026, and the market size will increase by USD 3.82 billion during 2019-2026. The market’s growth momentum is expected to accelerate throughout the forecast period.

North America was the largest market in 2018, and its position will remain the same during 2019-2026. Market growth in this region will be faster than the growth of the market in MEA. Almost 41% of the overall market growth will originate from this region, and the US will offer maximum growth opportunities to market participants.

Telecommunications, BFSI, cloud and IT services, and content and digital media sectors are the major end-users of data center interconnect solutions. Telecommunications was the most popular end-user of data center interconnect solutions in 2018, and this segment’s position will remain unchanged throughout the forecast period. During 2019-2023, the growth rate of BFSI and content and digital media segments will be faster than the global market growth.

The market is concentrated, and the degree of concentration is expected to remain the same until 2023. The accelerating growth will provide immense growth opportunities to market participants. To make the most of the opportunities, data center interconnect solutions companies should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

This market report provides a detailed analysis of the market by end-users (telecommunications, BFSI, cloud and IT services, content and digital media, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Ciena Corp., Cisco Systems Inc., Equinix Inc., Huawei Technologies Co. Ltd., and Nokia Corp.

Global data center interconnect solutions market: Key drivers and trends

The demand for multiple edge data centers is increasing among enterprises, especially for metro areas. The need for high quality and low latency data transfer, use of 5G networks, and machine-to-machine data transfer is also increasing.  Moreover, enterprises are facing a growing demand for high bandwidth and high total cost of ownership including capital and operational expenditure. To overcome such challenges, enterprises are increasingly adopting data center interconnect solutions. With the increasing number of data centers in metro areas, the demand for data center interconnect solutions will also grow. This will be a key trend that will have a positive impact on the growth of the data center interconnect market.

With the rising urban population, the demand for a robust communication network has also increased. Urban centers are transforming into business hubs which have resulted in the increasing demand for data centers. Hyperscalers such as Google and Facebook are also expanding their data centers to store and process heavy datasets. Moreover, the rising connectivity demand of the clients has driven colocation data center providers and communication service providers (CSPs) to increase their number of data centers. This growing demand for connectivity will boost the demand for data center interconnect solutions, fueling the market growth at a CAGR of over 12% during the forecast period.

Data center interconnect solutions market: Competitive landscape and companies covered

The global data center interconnect solutions market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this data center interconnect solutions market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.

The report offers a detailed analysis of several leading data center interconnect solutions companies, including:

Ciena Corp.

Cisco Systems Inc.

Equinix Inc.

Huawei Technologies Co. Ltd.

Nokia Corp.

Data center interconnect solutions market: Segmentation based on end-users

Telecommunications

BFSI

Cloud and IT services

Content and digital media

Others

The telecommunications industry will account for the largest data center interconnect solutions market share. Technological innovations in the digital world, the rise in digital mobile payment systems, and the increasing demand for 5G will drive the demand of data center interconnect solutions in the telecommunications sector. This report provides an accurate prediction of the contribution of all the segments to the growth of the data center interconnect market size.

Data center interconnect solutions market: Segmentation based on geographic region

APAC

Europe

MEA

North America

South America

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the largest data center interconnect market share throughout the forecast period. The implementation of commercial 5G network and the emergence of connected devices in North America will fuel data center interconnect market growth in this region.

Data center interconnect solutions market: Key highlights of the report for the forecast period 2019-2023

CAGR of the market during the forecast period 2019-2023

Detailed information on factors that will accelerate the growth of the data center interconnect solutions market during the next five years

Precise estimation of the global data center interconnect solutions market size and its contribution to the parent market

Accurate predictions on upcoming trends and changes in consumer behavior

The growth of the data center interconnect solutions industry across APAC, Europe, MEA, North America, and South America

A thorough analysis of the market’s competitive landscape and detailed information on several vendors

Comprehensive details of factors that will challenge the growth of data center interconnect solutions companies