Global Data Center Interconnect Platforms Market was valued US$ 3.75 Bn in 2017 and is expected to reach US$ 8.45 Bn by 2026, at a CAGR of 10.69% during a forecast period.

The global data center interconnect platforms market based on components, industry, application, and region.

In terms of component, the data center interconnect platforms market is classified into services and solutions. On the basis of industry, the data center interconnect platforms market is divided into communication service providers (CSP), carrier neutral providers (CNP)/internet content providers (ICP), government and public sector, banking and finance, healthcare, media & entertainment, retail and e-commerce, and others. Based on application, the data center interconnect platforms market is categorized into real time disaster recovery and business continuity, federated data storage, and content delivery. Region wise data center interconnect platforms market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Explosive growth in cloud computing has radically improved the size and economic impact of data center interconnect investments made by the large enterprises of data center interconnect. The factors contributing to the growth of the data center interconnect market are growing demand for disaster recovery, data backup, and business continuity, and rapid migration to cloud-based services. Though, factors such as requirement of high initial investment are hampering the growth of the data center interconnect market.

In terms of component, the solutions segment of the data center interconnect platforms market is anticipated to experience flourishing growth during the forecast period. Growth of solutions is also expected to be supplemented by increasing demand for advanced technological solutions across the data center industry. By 2026, the solutions segment is projected to cover 63.76% of the global market. Growing dependence of large and small enterprises on data center interconnect for better network management at an affordable cost is driving the market in developing countries regions such as Asia, Africa, and the Middle East.

Based on application, federated data storage application is also anticipated to play a vital role in supplementing the growth of the data center interconnect platforms market.

Based on industry, Carrier Neutral Providers (CNP) /Internet Content Providers (ICP) have the maximum share for usage of data center interconnect solutions in 2018. Carrier Neutral Providers (CNP) / Internet Content Providers (ICP) are gaining significance in the cloud ecosystem due to the services they offer enterprises as well as local internet service providers that provide broadband for consumers and businesses across the globe.

In terms of region, North America is prominent the data center interconnect platform market. A major share of North America is from the U.S due to the high adoption rate of cloud-based services in consumer and business applications. The Asia Pacific is estimated to witness healthy growth during the forecast period.

Some of the key players in the global data center interconnect platform market are ADVA Optical Networking, Avaya, Ciena Corporation, Cisco Systems, Colt Technology Services, Coriant, Dell, Fujitsu, Huawei Technologies Co., Ltd., IBM, Infinera Corporation, Juniper Networks Inc, Nokia Corporation, VMware, Inc, and ZTE Corporation.

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Scope of the Global Data Center Interconnect Platforms Market

Global Data Center Interconnect Platforms Market by Component
• Solutions
• Services

Global Data Center Interconnect Platforms Market by Industry
• Communication Service Providers (CSP)
• Carrier Neutral Providers (CNP)/Internet Content Providers (ICP)
• Government and Public Sector
• Banking and Finance
• Healthcare
• Media & Entertainment
• Retail
• E-Commerce
• Others

Global Data Center Interconnect Platforms Market by Application
• Real Time Disaster Recovery and Business Continuity
• Federated Data Storage
• Content Delivery

Global Data Center Interconnect Platforms Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Key Players operating in the Global Data Center Interconnect Platforms Market
• ADVA Optical Networking
• Avaya
• Ciena Corporation
• Cisco Systems
• Colt Technology Services
• Coriant, Dell
• Fujitsu
• Huawei Technologies Co., Ltd.
• IBM
• Infinera Corporation
• Juniper Networks Inc
• Nokia Corporation
• VMware, Inc
• ZTE Corporation

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