Final Report will add the analysis of the impact of COVID-19 on this industry.
The report titled Data Center Interconnect Market has recently added by MarketIntelligenceData to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
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The Data Center Interconnect (DCT) Market was valued at USD 3.48 billion in 2019 and is expected to reach USD 7.65 billion in 2025 with a CAGR of 14% during the forecast period (2020 – 2025).
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Top Companies operating in the Global Data Center Interconnect market profiled in the report Ciena Corp., Cisco Systems Inc., Juniper Networks Inc., Fujitsu Ltd., Microsemi Corp., Pluribus Networks Inc., Huawei Technologies Co. Ltd., ADVA Optical Networking SE, Infinera Corp., Nokia Oyj
Key Market Trends
BFSI Sector to Occupy a Significant Market Share.
– Digitization of financial services, especially in emerging economies are one of the major factors positively influencing the market growth. DCI is also necessary for sharing data with third-party providers and financial exchanges that are part of a bank�s digital services ecosystem.
– Lately, Switzerland has been gaining a strong foothold in data centers from providers such as Equinix, Swisscom, Orange Business Services, Green Datacenter, Interxion and Colt Technology Services due to presence of world’s largest banks and financial institutions.
– Equinix offers data center colocation and interconnect services to many of the capital markets participants, insurers and electronic payments firms to facilitate the operation of financial IT workloads.
– Ciena provides DCI technologies for bank’s networking infrastructure since they need to support traffic for a full range of digital products, from digital money transfers to real-time payments, and open banking via APIs.
Regional Analysis For Data Center Interconnect Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Data Center Interconnect Market Report:
-Comprehensive assessment of all opportunities and risk in the Data Center Interconnect market.
-Data Center Interconnect market recent innovations and major events.
-Detailed study of business strategies for growth of the Data Center Interconnect market-leading players.
-Conclusive study about the growth plot of Data Center Interconnect market for forthcoming years.
-In-depth understanding of Data Center Interconnect market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Data Center Interconnect market.
Data Center Interconnect Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Data Center Interconnect Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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