Data Center Interconnect Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, the global Data Center Interconnect (DCI) Market size was estimated at USD 11.31 billion in 2023 and is projected to reach USD 28.47 billion in 2030 at a CAGR of 14.1% during the forecast period 2023-2030.
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The surge in migration towards cloud computing across the entire globe serves as one of the primary catalysts propelling the expansion of the data center interconnect market. Organizations utilize data center interconnects to facilitate various applications, including business continuity and disaster recovery, contributing to the heightened demand for cloud infrastructure in order to achieve enhanced flexibility and agility, which in turn accelerates the growth of this market.
Regional Analysis
Asia Pacific to Dominate the Market
- The market in the Asia-Pacific (APAC) region is anticipated to demonstrate the highest compound annual growth rate (CAGR) over the projected period.
- This remarkable growth potential is attributed to the abundance of emerging economies in the APAC region, including China, Japan, South Korea, and several others.
The prominent players in the Data Center Interconnect Market:
- ADVA Optical Networking
- Ciena Corporation
- Cisco Systems (US),
- Colt Technology Services Group Limited
- Digital Realty Trust
- Equinix, Inc.
- Extreme Networks, Inc.
- Juniper Networks, Inc.
- Mega port
- Nokia and More
Key Findings
- On the basis of product, the optical DCI product category is projected to experience significant growth during the forecast period due to the rising demand for such products. This increased demand can be attributed to the various advantages that optical DCI products offer, including enhanced capacity and reduced power consumption for high-performance DCI.
- On the basis of services, the anticipated surge in demand for services can be attributed to a multitude of advantages that they offer to organizations. These benefits encompass the ability to accomplish critical objectives and enhance their skillset.
- The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The market in the Asia-Pacific (APAC) region is anticipated to demonstrate the highest compound annual growth rate (CAGR) over the projected period.
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