Data Center Networking Market Analysis, Size, Growth, Share, Outlook & Forecast to 2025 | Grand View Research Inc.
The global data center networking market size is projected to reach USD 40,905.7 million by 2025, registering a CAGR of 11.0% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growing volumes of unstructured data across various industry verticals are expected to drive the demand for data center networking solutions. The proliferation of cloud computing and the emergence of advanced data center operating models are also expected to drive the market growth over the forecast period. Data center networking helps organizations in organizing and consolidating information at a single platform before it is exposed to cross-channel systems and processes. It also enables organizations to connect effectively with their customers operating in diverse industry verticals. Optimum performance, improved integration of servers, and reduction in operational cost are some of the major benefits that are driving the popularity of data center networking solutions. Organizations are emphasizing on having a state-of-the-art infrastructure for resolving the concerns and fulfilling the expectations of their customers efficiently. The integrated information is stored, analyzed, and managed on shared platforms using different networking solutions, thereby enabling service providers to modernize their business models and augment their revenues. As such, the growing need for channelizing information to optimize the day-to-day networking operations is expected to drive the demand for data center networking solutions over the forecast period.