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Global Data Center Fabric Market - Forecasts and Trends (2015-2020)
LONDON, Sept. 22, 2015 /PRNewswire/ -- The world has reached the stage where, the data collected and stored from different sources is being measured in zettabytes. Companies are dealing with large amount of data; to process and analyze the data effectively, for which they need data centers.
Due to the increasing adoption of virtual storage systems and cloud computing, traditional storage methods have become obsolete. Legacy data center systems designed for high performance are very costly, with each application having its own dedicated network, storage and compute infrastructure.
A Data Center Fabric is a system of interconnections between switches and servers that are weaved together like a fabric. It is a shared, integrated infrastructure platform capable of delivering application, storage, computing and network services in real-time. Data center fabric architecture allows the available resources to be utilized effectively, to optimize the overall efficiency of the system. Fabrics have emerged as a most cost-effective and efficient alternative to traditional networks.
The latest trends of storage virtualization and cloud storage requires fabric architecture for the flexible, agile and efficient performance. It allows IT organizations to bring all the different operational silos under one common management area educing redundant tasks and enabling high performance data center operation. The fabric architecture brings down the total costs of ownership by reducing both operational expense and capital costs.
As the demand for data center grows, there would be need of fabric architecture. Emerging technologies with increasing cloud usage and growing need for high speed data transfer is further set to drive the market globally. The Global Data Center Fabric Market is set to grow at a CAGR of 21.23% for the period 2015 - 2020, to reach $17.18 billion by end of forecast period.
In 2014, North America held the largest market share in Data Center Fabric Market globally, followed by Europe. The growth is being mainly driven by increasing cloud computing solutions and need for data center virtualizations. Whereas, Asia Pacific region will witness highest CAGR of 31.42% over the forecast period.
The report analyses the market based on applications and has been segmented by various end user industries like BFSI, Healthcare, Government, Communication, Travel and Transport/Logistics and retail across the major geographies of the world.
Some of the major companies mentioned in the report are Cisco, Hewlett-Packard, Brocade, Extreme Networks and IBM.
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