Global Data Center Networking Market

Data Center Networking Market Size, Share, Growth Analysis, By Component (Hardware, Services), By Deployment (Cloud, On Premise), By End Use (BFSI, Healthcare), By Network Architecture, By Network Management, By Region - Industry Forecast 2025-2032

Report ID: SQMIG45B2169 | Region: Global | Published Date: December, 2024
Pages: 196 | Tables: 90 | Figures: 71

Data Center Networking Market Regional Insights

North America accounted for 39.2% of global revenue share in the data center networking market. The growing utilization of cloud computing technology, the emergence of AI applications in various fields, the need for high-performance networking infrastructure, growing adoption of edge computing, and fast-paced development of networks driven by 5G technology are the primary growth drivers for this market. Almost 300 million Americans will live in areas where all the tier-1 service providers will offer 5G low-band services. By the end of the next decade, over 5.6 billion subscriptions for 5G is predicted to appear globally.

In 2023, Europe also became a profitable international data center networking region. From there on, huge growth will take place throughout the UK, Germany, and France. Increasing number of people using the internet, to have the need for sophisticated data storage, data protection and data center networking services, entry of multiple businesses from other parts of Europe, dependability of the Internet, and these technologies such as smartphones, AI, connected devices, and the likes keep advancing on.

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FAQs

Data Center Networking Market size was valued at USD 28.1 Billion in 2023 and is poised to grow from USD 31.47 Billion in 2024 to USD 69.57 Billion by 2032, growing at a CAGR of 12% during the forecast period (2025-2032).

Major market participants' principal focus areas are constructing a robust client base and expanding their revenue share. Most of these players focus on the expansion of the existing product line to offer better deals by introducing new solutions and participation in mergers and acquisitions to upgrade their offers. 'ALE International (France) ', 'Cisco Systems, Inc. (United States) ', 'Dell Inc. (United States) ', 'Equinix, Inc. (United States) ', 'Fujitsu (Japan) ', 'Hewlett Packard Enterprise Development LP (United States) ', 'Hitachi Vantara LLC (United States) ', 'Intel Corporation (United States) ', 'Juniper Networks, Inc. (United States) ', 'Broadcom (United States) ', 'Microsoft Corporation (United States) ', 'IBM Corporation (United States) ', 'Google Cloud (United States) ', 'Oracle Corporation (United States) ', 'NVIDIA Corporation (United States) '

The organizations' rapidly rising data created due to cloud computing, IoT, and digital transformation are going to be one of the critical driving factors for the data center networking market. With such massive volumes of data, these enterprises will seek and demand much more sophisticated networking solutions to withstand larger bandwidth and faster data transfer rates. This makes the companies expend money on high-class infrastructure so as to ensure efficient data handling and communication.

Increased Adoption of Software-Defined Networking (SDN): More demand towards software-defined networking, or SDN, is pushing the data center networking market toward a significant shift. This approach allows for central management of network resources for automated management and dynamic provisioning. Businesses that look forward to embracing cloud services and hybrid IT systems will find this trend extremely attractive as it enhances scalability, optimizes the flow of traffic, and reduces operation costs.

North America accounted for 39.2% of global revenue share in the data center networking market. The growing utilization of cloud computing technology, the emergence of AI applications in various fields, the need for high-performance networking infrastructure, growing adoption of edge computing, and fast-paced development of networks driven by 5G technology are the primary growth drivers for this market. Almost 300 million Americans will live in areas where all the tier-1 service providers will offer 5G low-band services. By the end of the next decade, over 5.6 billion subscriptions for 5G is predicted to appear globally.

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Global Data Center Networking Market

Report ID: SQMIG45B2169

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