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Global Data Center Interconnect DCI Market Growth Prospects, Future Industry Landscape 2033 | Nippon Telegraph and Telephone Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Fujitsu Limited
Data Center Interconnect DCI Global Market Report
The Business Research Company offers in-depth market insights through Data Center Interconnect DCI Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The data center interconnect (dci) market size has grown rapidly in recent years. It will grow from $11.73 billion in 2023 to $13.47 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to rise of big data, document management needs, automation in business processes, regulatory compliance requirements, growing e-commerce activities, .
The data center interconnect (dci) market size is expected to see rapid growth in the next few years. It will grow to $23.08 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to ai and machine learning integration, real-time data extraction, unstructured data handling, cross-platform compatibility, customization for industry-specific needs. Major trends in the forecast period include increased digitization, advancements in ocr technology, enhanced automation with ai and machine learning, cloud-based solutions, natural language processing (nlp) integration.
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Market Segmentation:
The data center interconnect (dci) market covered in this report is segmented -
1) By Type: Products, Software, Services
2) By Application: Disaster Recovery And Business Continuity, Shared Data And Resources, Data (Storage) Mobility, Other Applications
3) By End-User: Communications Service Providers (CSPs), Internet Content Providers And Carrier-Neutral Providers (ICPs/CNPs), Government Or Research And Education (Government/R&E), Other End Users
Major Driver - Growing Number Of Data Centers Is Anticipated To Fuel Data Center Interconnect (DCI) Market
The increasing number of data centers is expected to propel the data center interconnect (DCI) market going forward. A data center refers to a specific building, room, or facility designed to house IT infrastructure, facilitate the deployment and operation of applications and services, and store the data. Data center interconnect (DCI) technology aids in connecting multiple data centers, enabling them to pool and share resources. real-time cloud-based analytics platform for monitoring and optimizing data center infrastructure. For instance, in January 2022, according to the Campfil Group, a US-based air filter company, the number of data centers in the US reached 2,751 in 2022. Further, there are around 484 data centers in Germany, 458 in the UK, 447 in China, and 324 in Canada. Therefore, the increasing number of data centers is driving the data center interconnect (DCI) market.
Competitive Landscape:
Major companies operating in the data center interconnect (dci) market report are Nippon Telegraph and Telephone Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Fujitsu Limited, Nokia Corporation , ZTE Corporation, Equinix Inc., Juniper Networks Inc., Digital Realty Trust Inc., Arista Networks Inc., Ciena Corporation , Microsemi Corporation, Infinera Corporation, Extreme Networks Inc., Colt Technology Services Group Limited, ADVA Optical Networking SE , Cyxtera Technologies, Reichle and DeMassari AG, CoreSite Realty Corporation, Flexential Corp., Ekinops SA, Megaport Limited, Interxion Holding NV, Cologix Inc., Evoque Data Center Solutions LLC, Innovium Inc., Pluribus Networks, XKL LLC, Fiber Mountain Inc., Ranovus Inc.
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