The Data Center Interconnect (DCI) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Data Center Interconnect (DCI) Global Market Report 2024, 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.
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.
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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 companies operating in the data center interconnect (DCI) market are developing technologically advanced products such as Global Data Center Interconnect (GDCI) to address the complexity and extend their global reach in the market. Global Data Center Interconnect (GDCI) refers to the technology that links two or more data centers together to share resources and enable the transit of critical assets over short, medium, or long distances using high-speed packet-optical connectivity. For instance, in June 2021, NTT Ltd., a UK-based technology services company, launched Global Data Center Interconnect (GDCI), a network service that offers secure connections between NTT's global data centers and major cloud providers using a single port that can handle multiple virtual network services. It's built on advanced software-defined network technology. This service allows customers to link up with multiple cloud providers across various regions, addressing the complexities of connecting to different cloud systems. Through NTT's portal, customers can easily access a variety of connectivity options, expanding their global reach.
The data center interconnect (DCI) market report table of contents includes:
1. Executive Summary
2.Data Center Interconnect (DCI) Market Characteristics
3.Data Center Interconnect (DCI) Market Trends And Strategies
4.Data Center Interconnect (DCI) Market analysis
5.Data Center Interconnect (DCI) Market Size And Growth
6.Data Center Interconnect (DCI) Segmentation
7.Data Center Interconnect (DCI) Regional And Country Analysis
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27.Data Center Interconnect (DCI) Competitive Landscape And Company Profiles
28.Data Center Interconnect (DCI) Key Mergers And Acquisitions
29.Data Center Interconnect (DCI) Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Nippon Telegraph and Telephone Corporation
- Huawei Technologies Co. Ltd.
- Cisco Systems Inc.
- Fujitsu Limited
- Nokia Corporation
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Global Data Centre Interconnect Market, By Type (Service, Software, and Product), By Application (Workload & Data Mobility, Real Time Disaster Recovery & Business Continuity), By End User (Enterprise, CSPs, ICPs, and Government) - Forecast 2023Market OverviewWith rapid modernization and digitalization, enterprises are equipped with techniques that enable them to share data among different data centres.
Data centre interconnect facilitates the easy access and transfer of data and information across different sectors and departments, thereby, channelizing a smooth flow of data towards achievement of IT and business goals.As per the latest report published by Market Research Future (MRFR), the global data centre interconnect market will reach a valuation USD 6.5 Bn by 2023, expanding at a CAGR of 11% during the forecast period (2017-2023).Organizations are endeavouring to virtualize their data centres for enhanced efficiency and reducing cost.
However, certain restraints exist such as requirement of high initial investment, which is hampering the adoption of data centre interconnect.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4144Market Segmentation:By type, the market is segmented into service, software, and product.
By end user, the market is segmented into enterprise, CSPs, ICPs, and government.Regional Analysis:On the basis of region, the market has been segmented into Asia Pacific, North America, Europe, and, Rest of the World.
The market in APAC is expected to exhibit the highest CAGR during the forecast period.
Countries such as China, India, and, Japan present significant market opportunities.
The Data Center Interconnect Market is projected to grow at a CAGR of 5% during the forecast period.
As per the Data Center Interconnect Market research report, the global market for interactive whiteboard is projected to grow swiftly by US$5 billion by 2023.
The Data Center Interconnect Market research report by expert analysts is developed to assist organizations in the Data Center Interconnect Market.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4144 Competitive Outlook:The key players in the global data center interconnect market include- Huawei Technologies Co., Ltd. (China), Ciena Corporation (US), ADVA Optical Networking SE (Germany), Nokia Corporation (Finland), Juniper Networks, Inc. (US), Cisco Systems, Inc. (US), Extreme Networks, Inc. (US), Fujitsu Ltd. (Japan), and Infinera Corporation (US).
On the basis of end-user, the market for interactive whiteboard is segmented based on electromagnetic, laser scanner, resistive membrane, ultrasonic, and infrared.
On the basis of types, the market for interactive whiteboard is segmented based on EM Boards, IR Boards, and interactive ceramic board.Major elements such as low awareness among corporates in certain countries could obstruct the interactive whiteboard market growth.
