Insights on the Data Center Interconnect Global Market to 2027 - Cloud-Based Solutions are Becoming More Popular
DUBLIN, May 19, 2022 /PRNewswire/ -- The "Global Data Center Interconnect Market Size, Share & Industry Trends Analysis Report By Type, By End User, By Application, By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The Global Data Center Interconnect Market size is expected to reach $18.3 billion by 2027, rising at a market growth of 13.9% CAGR during the forecast period.
In some areas, data center construction came to a halt, but this was not the case in other regions. For the interest of worker safety, construction projects in some parts of Europe have been entirely halted. In addition, pre-construction activities like permitting have been put on hold for the time being. In Southeast Asia, the impact was mixed. Singapore had imposed a temporary building halt, but Thailand was allowing projects to go, though with shortened workdays to allow workers to return home during curfews. Project management, service providers, and suppliers were all monitored for delivery capacity within the scope of construction. This allowed bottlenecks to be identified early and alternate solutions to be chosen.
Cloud-based solutions are becoming more popular
The app architecture became so simple with the advent of web-based applications that several apps could be readily hosted on a shared server. This was accomplished without sacrificing considerable performance. However, as the number of users and the complexity of apps increased, shared hosting became obsolete. Businesses moved their apps to dedicated VPS hosting opions, which were unsuitable for long periods of time and began to fail users. Owners of small businesses had little choice but to buy an entire dedicated server. The migration of the programme to the new VPS server was the first challenge they faced.
On the other hand, Businesses quickly discovered that the server's exorbitant price was not justified. Mostly, a large amount of the server's resources was not useful. The dedicated server proved to be a bad business decision because firms were paying for the full server regardless of resource consumption.
Rise in need for disaster recovery and business continuity
Users of data centers all throughout the world are concerned about disaster recovery. Disasters such as earthquakes, security assaults, fire outages, and other unanticipated events can all affect IT infrastructure facilities. Proper disaster recovery strategies must be in place for businesses to avoid suffering significant losses as a result of such calamities. Data center interconnection facilities are situated away from users' premises, making them less vulnerable to disasters. These facilities can be controlled remotely, enhancing their disaster recovery capabilities.
Applications use data centers to store and transport data. The size of information entering or departing a data center can vary dramatically, ranging from hundreds of Gigabits to Terabits. Data center operators face major capacity planning and network engineering issues as video, social media, and distributed application traffic explodes. New types of workloads, such as analytics, machine learning, and the Internet of Things, are putting major capacity constraints on data centers.
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