Data center interconnect solutions are used to establish connection between two or more data centers. Data center interconnect solutions are generally used within the enterprise environment with an aim to achieve IT and business objectives. One of the major advantages of this solution is that it allows different data centers to share resources, pass workload and interact with each other. This solution can also be utilized to pool resources of multiple data centers to meet scalability goals.
There are many factors driving the global data center interconnect solutions market. The growing focus on reducing high bandwidth and power consumption in data centers is expected to be a major driver of the market. Moreover, increasing demand for disaster recovery and data backup services to ensure business continuity is anticipated to emerge as a driver of the data center interconnect solutions market. In addition, the migration towards cloud-based services has increased the demand for data centers which is expected to boost the growth of data center interconnect solutions market.
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However, high initial investment associated with data centers is expected to be one of the major restraints of the data center interconnect solutions market. The distance between data centers reduces their efficiency and is also expected to surface as a restraint to the growth of the market.
The global data center interconnect solutions market can be segmented on the basis of type, application, end user and geography. On the basis of component, the data center interconnect solutions market can be segmented into software, and services. The software sub-segment can be further divided into cloud-based and on-premise. Among these, cloud-based segment is further categorized into public, private and hybrid. Additionally, services can be further divided into managed and professional services. Professional services can be further bifurcated into consulting & integration, training and support & maintenance. Based on application, the global data center interconnect solutions market can be sub-segmented into workload (VM) and data (storage) mobility, shared data and resources/server high-availability clusters (geoclustering), and real-time disaster recovery and business continuity. On the basis of end user, the data center interconnect solutions market can be segmented into government and enterprises. Enterprises can be further divided into banking and finance, utility and power, healthcare, media and entertainment, retail and e-commerce and others. The others segment includes transportation, education, manufacturing, and insurance.
Based on geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to hold a major share of the total market owing to the growing usage of data center interconnect devices in industrial, commercial and military & defense verticals. The market in the North America region is also expected to expand at a significant rate, driven by countries such as the U.S. and their increasing adoption of especially cooled data center interconnect cameras from the scientific research vertical, and increased defense expenditure. Apart from this, emerging economies such Asia Pacific, Middle East & Africa and South America are also expected to oberve substantial growth during the forecast period.
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Major players in the global data center interconnect solutions market are ADVA Optical Networking SE, Brocade Communications Systems Inc., Ciena Corporation, Cisco Systems Inc., Cologix Inc., Colt Technology Services Group Ltd., Coresite Realty Corporation, Coriant GmbH, Digital Realty Trust Inc., Ekinops S.A., Extreme Networks Inc., Fiber Mountain Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinera Corporation, Innovium Inc., Juniper Networks Inc. and MRV Communications Inc. Other prominent market players include Megaport Limited, Nokia Corporation, Pluribus Networks Inc., Ranovus Inc., Viawest Inc., XKL LLC, and ZTE Corporation.