The Global Network Infrastructure Data Center Market Is Expected To Grow With A Cagr Of 5.1% From 2023 To 2028

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global network infrastructure data center market looks promising with opportunities in the BFSI, IT & telecom, healthcare, retail, education, government, media & entertainment, and manufacturing sectors. The global network infrastructure data center market is expected to reach an estimated $187.9 billion by 2028 with a CAGR of 5.1% from 2023 to 2028. The major drivers for this market are significant demand for AI enabled technologies, growing adoption of cloud computing technique, and escalating need for advanced data center infrastructure to manage and analyze big datasets for valuable insights.
In this market, ethernet switch, router, storage area network (SAN), application delivery controllers (ADC), network security equipment, and WAN optimization equipment are the major segments of global network infrastructure data center market by type. Lucintel forecast that ethernet switch will remain the highest growing segment over the forecast period due to its significant demand from hyperscale data centers and cloud providers as ethernet enables high-speed, ...
... low-latency, and reliable connections between servers, storage systems, and network devices.
Within this market, IT and telecom will remain the largest segment due to growing number of telecom users, robust demand for smartphones, and continuous development of 5G network infrastructure.
APAC will remain the largest region over the forecast period due to enormous need for data centers to store and protect the information obtained by various organizations and growing demand for cloud-based, and high-speed internet services in the region.
Alcatel-Lucent S.A., Cisco Systems, Dell, Amazon Web Service, Equinix, Fujitsu, and HP Development are the major suppliers in the global network infrastructure data center market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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