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The latest report by IMARC, titled “ DataCenterFabricMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast20 23-2028
” the global data center fabric market reached a value of US$ 29.3 Billion in 2022.
Data center fabric refers to a system of switches and servers that facilitate data transmission between nodes in a network in order to improve network performance. Using this integrated system, communication between server and switch nodes is streamlined and data processing is optimized. It also enables flexible options for enhanced scalability and future technology configuration.
With the increasing usage of interactive applications, more computing resources adaptable to the dynamic processing requirements of distributed applications have become essential, thereby driving the demand for data center fabric.
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The global market is majorly driven by the increasing product applications in diverse end use industries. This can be attributed to the rising adoption of cloud-based data center fabric solutions and data center virtualization across the globe. The rapid utilization of high-speed data transfer technology, along with the increasing penetration of 5G data, is also providing an impetus to the market. In addition to this, the escalating demand for higher security measures for sensitive enterprise data storage and transfer is impacting the market positively.
The market is further driven by the growing applications of artificial intelligence (AI), the internet of things (IoT), and big data analytics in the corporate sector. Some of the other factors creating a positive market outlook include considerable growth in the semiconductors industry, continual improvements in infrastructural development, the growing volume of organizational data, and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 102.4 Billion by 2028, exhibiting a CAGR of 23.6% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary: BreakupbySolutionType:
• Switching
• Routers
• Storage Area Network (SAN)
• Controllers
• Network Security Equipment
• Management Software
BreakupbyProcessTechnology:
• Stereo-lithography Apparatus (SLA)
• Digital Light Processing (DLP)
• Fused Filament Fabrication (FFF)
• Jet Printing
• Powder Bed Fusion (PBF)
• Others
BreakupbyEnd-User:
• Telecom Service Providers (TSPs)
• Enterprises
• Cloud Service Providers (CSPs)
BreakupbyVertical:
• Banking, Financial Services and Insurance (BFSI)
• Media and Entertainment
• Government
• Education
• Healthcare
• Retail
• Others
BreakupbyRegion:
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• Alcatel-Lucent
• Arista Networks
• Avaya
• Brocade Communications Systems
• Cisco Systems
• Dell
• Extreme Networks
• Hewlett-Packard
• Huawei
• IBM India Private Limited
• Juniper Networks
• Oracle Corporation
• Unisys Corporation Ltd.
ViewFullReportwithTOC&ListofFigure:https://www.imarcgroup.com/data-centre-fabric-market
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