North America Data Center Interconnect Market is expected to reach USD 4,207.91 Million by 2025 from USD 1,672.00 Million in 2017, at a CAGR of 12.3% in the forecast period 2018 to 2025.
The major factors driving the growth of this market are the data centers concentrating on the reduction of high power consumption, WAN consolidation and bandwidth requirements, enhanced enterprise demand from vertical and rapid conversion into cloud-based services. On the other hand, high initial investment may hinder the growth of the market. The data center interconnect market in the North America region is leading in U.S.
The key market players for North America data center interconnect Market are listed below;
Cisco Systems, Inc.
Equinix, Inc.
Digital Realty Trust
The market is further segmented into;
Type
Application
End User
Geography
The North America data center interconnect market is segmented on the basis of type, application, end user, industry and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
The North America data center interconnect market is segmented based on type into three notable segments; product, software and services. The product type is sub segmented into packet optical transport, packet optical networking, converged packet optical and packet switching networking. The service type is sub segmented into professional services and managed services. Professional services is further sub segmented into training, consulting and integration and maintenance. The Data center interconnect market is dominated by services with 55.8% market share in 2017 and is expected to grow at the highest CAGR of 13.2% in the forecast period.
The North America data center interconnect market is segmented based on application into four notable segments system; workload and data storage mobility, shared data and resources, server high availability cluster and real time disaster and business continuity.
The North America data center interconnect market is segmented based on end- user into four notable segments; communication server provider, CNPs/ICPs, government and enterprises. Enterprises are further sub segmented into banking and finance, utility and power, healthcare, retail and e- commerce, media and entertainment and others.
Based on geography, the North America data center interconnect market is segmented into geographical regions, such as
U.S.
Canada
Mexico
Covered in this report
The report covers the present scenario and the growth prospects of the North America data center interconnect market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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