The North America Data Center Interconnect Market would witness market growth of 13.7% CAGR during the forecast period (2021-2027).
The trend of edge computing, which was prevalent in the 2020 nationwide lockdown scenario, is broadening the scope of the data center interconnect market. Currently, only a small percentage of percent of data is created and processed outside of a centralised data centre or cloud, but that percentage is predicted to rise in the next few years. Amazon, Google, Equinix, and DRT all have hyperscale data centres that are interconnected and stream data and applications to end-users via the network. The edge cloud might be a one-of-a-kind ecosystem of open, interconnected data centers.
Some of the key growth factors for the data center interconnect market are rise in usage of cloud computing and a recent spike in OTT service adoption due to lockdown around the world. In addition, as 5G services become more widely available, the use of data center interconnected solutions would growth even more in the upcoming years. Moreover, the demand for these solutions is directly proportional to the utilization of autonomous vehicles, smart cities, digital twins, smart cities, VR, AI virtual assistant, video surveillance and monitoring, and gaming.
Regional Countries like the United States and Canada has been the early adopters of DCI technologies. In addition, the regional market is witnessing an increase in the utilization of data centers across various industry verticals and early acceptance of the latest technologies in the region. Several US-based corporations are boosting their data center development investments, including Amazon Web Services (AWS), Google, and Microsoft.
Moreover, there is a widespread use of optical interconnects in data centers in the United States. Ciena Corporation (US), Juniper Networks, Inc. (US), Infinera Corporation (US), Cisco Systems (US), and Extreme Networks, Inc. are among the prominent players in the data center interconnect industry in this region (US). These companies have launched innovative solutions in the region, thereby making it a conducive data center interconnects.
The US market dominated the North America Data Center Interconnect Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4,983.6 million by 2027. The Canada market is estimated to witness a CAGR of 16.3% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 15.3% during (2021 - 2027).
Based on Type, the market is segmented into Products (Packet-Switching Networking and Optical DCI), Software, and Services. Based on End User, the market is segmented into Internet Content Providers/ Carrier-Neutral Providers, Communication Service Providers, Enterprises, and Government. Based on Application, the market is segmented into Real-time Disaster Recovery & Business Continuity, Shared Data & Resources/Server High-availability Clusters (Geoclustering), and Workload (VM) & Data (Storage) Mobility. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Data Center Interconnect Market is Estimated to reach $18.3 Billion by 2027, at a CAGR of 13.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd., Cisco Systems, Inc., Ciena Corporation, Infinera Corporation, ADVA Optical Networking SE, Nokia Corporation, Juniper Networks, Inc., Fujitsu Limited, Colt Technology Services Group Limited, and Extreme Networks, Inc.
By Type
By End User
By Application
By Country
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