Data Center Switch Market Update: Exceeding Expectations of Key Players That Shows Promising Future
Seattle, WA -- (SBWIRE) -- 11/08/2019 -- A data center is a premise of networked computers and storage that organizations from various fields use to organize, process, store, and disseminate massive amounts of data. A business usually depends heavily on the applications, services, and data contained within a data center, making it the point of focus and a vital asset for day-to-day activities. The data center switch is usually found in the server area within a data center and is one of the vital requirements in the premises.
The data center switch is an emerging technology with a new class of switch and networking infrastructure. The data center switch is a high-performance switch mainly for large enterprises and cloud providers who rely heavily on virtualization. It can be deployed throughout the data center or to anchor a two-tier (leaf-spine) or one-tier flat mesh or fabric architecture.
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Significant growth in cloud computing & edge computing and several government regulations regarding localization of data centers fuel the growth of the global data center switch market. On the other hand, high data center operational cost restrains the growth to some extent. However, increase in smart computing devices is expected to create multiple opportunities in the industry.
The ethernet segment to maintain its dominance through 2019–2027
Based on technology, the ethernet segment accounted for nearly three-fourths of the total market share in 2018 and is expected to lead the trail till 2027. High usage of Ethernet switch L2 and L3 has worked as the major growth factor for ethernet data center switch market. On the other hand, offering high performance specification for data transmission between high speed, low latency, and highly scalable CPUs, the infiniband segment is projected to grow at the fastest CAGR during the study period.
The various regional markets for data center switches could be North America, Europe, the Middle East and Africa (MEA), South America, and Asia Pacific (APAC). Of these, North America is expected to present potentially lucrative avenues over the forecast period. The substantially rising uptake of cloud computing services and platforms by various enterprises to cut cost and achieve agility is a notable trend offering vast lucrative avenues in this regional market. Furthermore, the marked presence of globally prominent companies based in the U.S. offering datacenter and cloud services also accounts for the attractive growth.
Some of the players operating in the market are Centec Networks, Quanta Cloud Technology (QCT), ZTE Corporation, D-Link Corporation, Fortinet, Mellanox Technologies, NEC Corporation, Juniper Networks, Hewlett Packard Enterprise, Huawei Technologies, Cisco Systems, Inc., Alcatel-Lucent, and H3C Technologies Co., Limited.
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