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Data Center Interconnect Market 2017-2022 - Focus on Real-Time Disaster Recovery and Business Continuity, Workload (VM) and Data (Storage) Mobility - Research and MarketsThe "Data Center Interconnect Market by Type (Product, Software, Services), Application (Real-Time Disaster Recovery and Business Continuity, Workload (VM) and Data (Storage) Mobility), End User, and Geography - Global Forecast to 2023" report has been added to Research and Markets' offering. The Data Center Interconnect (DCI) market is expected to reach USD 6.41 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.04% between 2017 and 2023 The growth of the market is driven by various factors, such as increasing focus on reducing high power consumption and bandwidth requirement in data centers; growing demand for disaster recovery, data backup, and business continuity solution; and rapid migration to cloud-based services. However, the high initial investment in implementing the DCIs hinders the market growth. The market for the services segment is expected to grow at the highest CAGR between 2017 and 2023. The DCI-related services, such as professional services (consulting and integration, and training, support, and maintenance) and managed services, contributed to the overall high-performance system that enables efficient processes, intelligent networks, and cross-area optimization, thus rsulting in the high adoption of these services in the DCI market. The real-time disaster recovery and business continuity application is expected to hold the largest market size during the forecast period. DCI enables data transmission between the active and backup data centers by using 3 interconnection modes: Layer 1 optical transmission interconnection, Layer 2 interconnection, and Layer 3 IP interconnection. Thus, DCI is widely deployed for the real-time disaster recovery and business continuity application. North America is expected to dominate the DCI market, while Asia Pacific is expected to grow at the highest rate during the forecast period. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Data Center Interconnect Market, By Type 8 Data Center Interconnect Market, By Application 9 Data Center Interconnect Market, By End User 10 Geographic Analysis 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/s9v9rs/data_center View source version on businesswire.com: http://www.businesswire.com/news/home/20170817005453/en/ |
