Data Center Fabric Market Forecast to Reach $83.1 Billion by 2025

Data Center Fabric Market Forecast to Reach $83.1 Billion by 2025
PR Sync
The market for Data Center Fabric is forecast to reach $83.1 billion by 2025, growing at a CAGR of 23.8% from 2020 to 2025. The widespread use of complex interactive applications, expansion of internet services and activity, and the incessant advancement of technology prompted the need for faster data rates, more compute resources, more storage to handle the volume of data being generated, and automatic smart data center networks that could adapt to accommodate the dynamic processing requirements of distributed applications. Moreover, continuously developing next-generation enterprise Information Technology (IT) architecture for data centers is enhancing the adoption and utilization of fabric in the data centers during the forecast period 2020 â 2025.

The Data Center Fabric Market is broadly classified by end user environment into Enterprise, Telecommunication provider and cloud service provider. Among these, enterprise segment held the major share accounting to around 49% in 2019. North America has shown remarkable growth in data center infrastructure solutions. The expansion of mobile broadband, growth in big data analytics and cloud computing is driving the demand for the new data center infrastructures. However, the increase in data center infrastructure leads to high demand for the data center fabric market. One of them major driving factors for the Data Center Fabric Market is its potential o replace traditional and legacy networking infrastructure. Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Data Center Fabric Market. Data Center Fabric driver market is expected to be dominated by major companies such as Huawei, Juniper, Cisco, Avaya, Arista Networs, HP, Extreme Networks and Dell among others.
Link: http://prsync.com/industryarc-information-and-communications-technol/data-center-fabric-market-forecast-to-reach–billion-by–3372756/


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