Data Center Networking (Switches, Routers, ADC, SAN, WAN, IPS and VPN) Market Expected to Reach $21.85 Billion by 2018 – Report by MarketsandMarkets
(PRWEB) November 16, 2014 -- The report "Data Center Networking Market by (Products, End-User Environment, Verticals, & Regions) - Global Advancements, Worldwide Analysis & Forecasts to - 2018 ", segments the global market to define the market size for in-depth analysis and forecasting for the next few years. The total market is expected to grow from $12.49 Billion to $21.85 Billion by 2018, at an estimated Compound Annual Growth Rate (CAGR) of 11.8%.
Browse 106 market data tables and 42 figures spread through 225 pages and in-depth TOC on "Data Center Networking Market".
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With the emergence of technologies such as virtualization, cloud computing, and data center consolidation, data center network architecture is increasingly transforming from legacy hardware-based networking products to virtual networking products. To assist network virtualization, solutions providers are constantly putting their efforts in delivering solutions that are backed by virtualization technology. The vendors are exploring opportunities with Software-Defined Networking (SDN) and expanding their product portfolio beyond the legacy hardware-based networking products, offering virtual products to support network virtualization.
The data center networking market mainly consists of eight major categories of market players. They are: data center network, server, storage, and security equipment providers, network virtualization solution providers, cloud service providers, telecommunications service providers, and enterprises. Prominent vendors in the data center networking space include Cisco, Brocade, Juniper Networks, Extreme Networks, HP, EMC, VMware, and IBM, whereas companies such as 6WIND, Pica8, Arista Networks, and CohesiveFT emerge as the key innovators in this space. Pure players such as Cisco, Juniper Networks, Brocade, Dell, Hitachi Data Systems, HP, IBM, Intel, and NEC play a critical role in providing network infrastructure. These players are rigorously building onto their networking portfolio with the inclusion of several SDN solutions.
Even though the market is flooded with SDN solution offerings from various vendors, it presents many operational challenges in front of service providers. Firstly, they need to upgrade the existing network architectures, which would result into huge investment on the installed hardware. Secondly, they need to train the existing employees who are well-versed in traditional network management and provisioning mechanisms, which would incur extra costs and complexity for them. Despite of these challenges, SDN lays huge opportunities in front of the players in the market and vendors are constantly putting efforts to overcome these challenges. SDN is emerging out as a promising area in the data center networking space. It is becoming an essential ingredient of next-generation data center networks, as it enhances the performance and simplifies the network operations which is necessary for data center operators to cater the upcoming traffic explosion, profitably. The network vendors have identified this seemingly large potential in the market and are inclined toward building solutions around it.
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