Report Details DCI Growth
Data Center Interconnect (DCI) is the core piece in fulfilling the increasing need for data and cloud-based services, all connected by a virtual private network. The large growth in internet traffic meshed with moving to cloud-based services has led to the mass DCI growth.
Data Center Interconnect market research is a report, studying proper and necessary information. The data examined both high-level and up and coming competitors in the market. Additional details shared in this data analysis are SWOT analysis, revenue share and contact information.
The DCI market was estimated at $3.19 billion in 2016 and anticipated to grow to $6.41 billion by 2023. The annual CAGR will be at around 10.04 percent. Adding to market growth is an increased focus on lowering high power consumption and bandwidth requirement in data centers; rising demand for disaster clean up, data backup, and business continuity solutions; and a speedy movement to cloud-based services.
Though there are many reasons the DCI market is growing, there are threats holding the market back, as well. New and less expensive competition are coming and completely dominating the big guns thus bringing in les market revenue.
The major players highlighted include ADVA Optical Networking SE (Germany), Nokia Corporation (Finland), Juniper Networks Inc. (US), Ciena Corporation (US), Cisco Systems Inc. (US), Extreme Networks Inc. (US), Fujitsu Ltd. (Japan), Infinera Corporation (US), Huawei Technologies Co. Ltd. (China).
The report also discussed government guidelines, new opportunities, weaknesses, and strengths for the Data Center throughout the projected time period.Edited by Maurice Nagle