Report ID: SQMIG45H2076
Report ID:
SQMIG45H2076 |
Region:
Global |
Published Date: December, 2024
Pages:
175
|
Tables:
91 |
Figures:
70
During the year 2024, the data center interconnect industry is dominated by North America as the region represented more than 38 percent of the markets. The superiority emanates due to presence of several leading company’s telecommunication business in this region in addition to prominent vendors coming from an industry lineup with aggressive plan that comes at installing current and advanced technologies, aiming operational performance in efficiency. Highly developed ICT infrastructure in addition supports this development in the market by means of considerable data center clusters of the size of New York, Los Angeles, Chicago, and Washington, DC. This calls for an advanced solution for DCI with sustainability support because those cities have importance as centering hubs for data storage and movement.
The Asia-Pacific market is growing at a compound annual growth rate (CAGR) of 13.7% between 2024 and 2031. With businesses adopting cloud computing, big data analytics, and IoT technologies at an accelerating pace, the region is witnessing a rapid digital transformation. This change is driving the demand for efficient DCI solutions that ensure seamless data flow and communication between geographically dispersed systems. DCI solutions become inevitable for ensuring reliable, quick communications that enable companies to maximize their digitization, productivity, and performance to maintain operational efficiency. The requirement of rapid and safe data transfer will be critical while meeting the increasing needs of the region with more evolved digital capabilities.
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Report ID: SQMIG45H2076