Market Research Reports, Inc. has announced the addition of “Worldwide Data Center Interconnect Market - Types; Transmission Lines; Deployment Model; Regions (North America, Europe, Asia Pacific, Latin America and MEA) - Drivers, Opportunities, Trends, and Forecasts, 2016–2022” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 08/02/2016 -- The growing data and its impact on connecting various data centers together for exchange of information are fostering the market to grow and reach $5.63 billion by 2022. However, the integration issues within the organization are hampering the market revenue.
Global market research and consulting organization, has published a study titled "Worldwide Data Center Interconnect Market: Drivers, Opportunities, Trends, and Forecasts, 2016–2022" (July 2016).
According to Publisher, CSP and ICP will continue to dominate the market. As per the study, the market will have a significant growth due to the increase in demand from the organizations to seamlessly connect the growing data centers, increase flexibility, and efficiency. The market is expected to grow at a CAGR of 10.8% during the period 2016–2022 to touch an aggregate of $5.63 billion by 2022.
The networking product segment will have the majority of the share, reaching $4.27 billion by 2022. The market for service will improve, however, the ASP of the services will reduce, impacting the overall market for DCI. At present, North America is leading the market followed by Europe. The CSP, ICP, and enterprises are the major end-users of the DCI, and CSP revenue will reach $2.32 billion by 2022. This will be followed by CNP segment reaching $1.61 billion by 2022.
"DCI is the major driving factor for equipment designers of optical network industry. DCI is set to be the helping factor for large enterprises, as enterprises want to connect their data centers to make the data usage secure, flexible, cost-effective, and moreover, reach the customer's expectations. The interconnection of data centers has made ICPs, CSPs, wavelength providers, equipment providers, and other service providers struggle among each other to secure the place in DCI ecosystem." – Research Manager
"DCI is a technology being used by the data center providers to connect their data centers together. The market is still in its initial phase, however, will grow at a moderate growth rate due to the increase in demand in the bandwidth for traffic, WAN consolidation, and improved Ethernet business services. CSP and ICP will be the major end-users offering DCI as their application to other end-user verticals and emerging as a third-party integrator." – Preeti Wadhwani, Senior Research Analyst at Publisher
The report aims to highlight key insights from providers and end-users. The report provides an in-depth analysis and forecast about the industry covering the following key features:
- The report not only highlights users' conundrum (challenges and barriers to adopting wearable device security market) but also brings in their perspective on the market. The market has been analyzed by taking into account the key regions – North America, Europe, Asia Pacific, Latin America, and MEA
- The report analyzes the market according to the types, products, services, transmission lines, providers, and regions
- The report analyzes the top 13 players in terms of market reach, business strategy, and business focus
- Competitive benchmarking analysis to optimize short term and long term strategy of the organizations
- Stakeholders' insights and key trends (current and future) of the market
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