Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Data Centre Networking Market Outlook

The global data centre networking market reached a value of about USD 29.56 billion in 2023. The industry is further expected to grow at a CAGR of about 12.40% in the forecast period of 2024-2032 to reach a value of around USD 84.68 billion by 2032.

Global Data Centre Networking Market

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North America and Asia Pacific to be the Significant Regional Markets for Data Centre Networking

North America leads the data centre networking industry due to the high demand from organisations for real-time user interaction, provision of on-demand services and proficient use of storage devices. The data centre networking industry's growth can also be attributed to the strong network infrastructure and rising digital and virtual devices adoption. Apart from this, the rising cases of cyberattacks are escalating the demand for a highly secure data centre. The growing penetration of software-defined networking and 5G technology has also provided an impetus to the demand for SDN-based, 5G oriented data centre networking in North America.

The Asia Pacific is the fastest-growing data centre networking industry market due to the flourishing industrial and manufacturing sectors in India, China, and Japan. The proliferation and adoption of technologies, such as cloud, IoT, and AI, in the region, along with high-speed internet services, will support the overall data centre networking industry. The surging demand for data centres that can secure and safeguard information is expected to be the critical factor driving the installation of new data centres and, subsequently, the demand for innovative data centre networking solutions in the region.

Data Centre Networking: Market Segmentation

Data centre networking refers to connecting all network-based devices and equipment within a data centre facility. Data centre networking establishes a digital link between data centre equipment and infrastructure, allowing data to be readily transferred over a public network. These data centre networking typically build a robust, dependable, and secure network, and also one that can accommodate new technologies, like virtualisation and cloud computing.

Global Data Centre Networking Market by Segments

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By product, the market includes:

  • Routers
  • Ethernet Switches
  • Storage Area Network (SAN)
  • Application Delivery Controllers (ADC)
  • Network Security Equipment
  • WAN Optimisation Equipment
  • Others

The significant applications of the market are:

  • IT and Telecom
  • BFSI
  • Retail
  • Government
  • Media and Entertainment
  • Others

The regional markets for the data centre networking industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

Global Data Centre Networking Market by Region

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Increasing Use of Digital Services Augmenting the Market Growth

High data consumption has arisen from the widespread usage of digital services, such as online banking, mobile wallets, online purchasing, and video-on-demand. The global market will grow as data traffic grows, leading to an increase in IT infrastructure development projects. The smart card market is booming, with biometric and contactless cards increasingly popular. This factor will drive the demand for reliable data centre networking that allows real-time data transport. The high growth of mega data centres and colocation is expected to influence the growth of the data centre networking industry over the forecast period. The shift to cloud-based solutions, and an increase in organisational data traffic and big data analytics, are expected to propel the data centre networking industry's growth. The widespread use of 100 Gb switch ports and the rapid development of broadband and internet infrastructure is expected to augment the market growth. Furthermore, the rise in the construction of new data centres, replacing old technologies, and decreasing the cost of semiconductor components are likely to bolster the demand for data centre networking and propel the market growth forward.

Key Industry Players in the Global Data Centre Networking Market

The report gives a detailed analysis of the following key players in the global data centre networking industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Dell Inc.
  • ALE International
  • Cisco Systems, Inc.
  • Equinix, Inc.
  • IBM Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Routers
  • Ethernet Switches
  • Storage Area Network (SAN)
  • Application Delivery Controllers (ADC)
  • Network Security Equipment
  • WAN Optimisation Equipment
  • Others
Breakup by Application
  • IT and Telecom
  • BFSI
  • Retail
  • Government
  • Media and Entertainment
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dell Inc.
  • ALE International
  • Cisco Systems, Inc.
  • Equinix, Inc.
  • IBM Corporation
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global data centre networking market attained a value of nearly USD 29.56 billion.

The market is projected to grow at a CAGR of 12.40% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 84.68 billion by 2032.

The major drivers of the market include the rising cases of cyberattacks, high growth of mega data centres and colocation, increase in organisational data traffic and big data analytics, the rapid development of broadband and internet infrastructure, rise in the construction of new data centres, and decrease in the cost of semiconductor components.

The growing adoption of technologies, such as cloud, IoT, and AI, and the increasing use of digital services are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different products are routers, ethernet switches, storage area network (SAN), application delivery controllers (ADC), network security equipment, and WAN optimisation equipment, among others.

The significant applications of the market are IT and telecom, BFSI, retail, government, media and entertainment, among others.

The major players in the industry are Dell Inc., ALE International, Cisco Systems, Inc., Equinix, Inc., and IBM Corporation, among others.

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