Data Center Interconnect Market 2020 Technology Advancement – Cisco Systems, Inc., and Huawei
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Aug 08, 2020 (Market Insight Reports) --
Europe Data Center Interconnect Market – Growth, Trends, and Forecasts(2020 – 2025)
The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Data Center Interconnect Market on the basis of stating current situation of the industry in 2020.
The Europe Data Center Interconnect (DCT) Market is expected to reach a CAGR of 9.2% during the forecast period (2020 – 2025).
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 the presence of the world’s largest banks and financial institutions.
– Government agencies are offering tax breaks and other benefits to attract the maximum number of investors to construct a hyperscale data center market in Western Europe & Nordic. ?Nordic countries due to vast resources of renewable energy low power prices, favorable climate conditions, good infrastructure as well as a skilled workforce are well suited for data centers and therefore for DCT and have resulted in a surge of foreign investments over the years.
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Competitive Landscape
The Europe data center interconnect market is highly concentrated due to higher initial investments and low availability of resources, which present challenges to this market. Some of the key players in the market are Cisco Systems, Inc., and Huawei. Some recent developments in the market include:
– In February 2020, Huawei Technologies extended its 5G portfolio for European markets by launching a version of its blade AAU antenna tailored to meet EU requirements that supports all existing network bands, including 3G, 4G, and 5G under sub 6Ghz network band added, with support the coverage of several suppliers at the same time with 400 MHz?.
– In September 2019, Cisco and Australias Academic and Research Network (AARNet) announced live production traffic on the AARNet portion of the INDIGO subsea cable, which connects data centers in two countries, over 9000km apart, to support research and education.
Key Market Trends:
Cloud Migration to drive the Growth of the Market
– On growing demand from domestic and international enterprise and cloud computing customers has pushed companies to expand data center facilities. For instance, Datacenter.com, the global carrier-neutral data center-as-a-service company, has increased its data center floor area of AMS1 by 30% to 1800 square meters in October 2019 to meet for the demand of colocation space in Amsterdam.
– Public cloud services dominate the data centers market in Germany. Government agencies are grown by private cloud services as they plan to make greater use of cloud services in public administration during the forecast period. However, hybrid cloud services have more substantial growth potential than private and public cloud services. The growth in cloud technology is inturn growing the market for data center interconnect market in the region.
– Moreover, various governments across Europe are also increasingly emphasizing in adopting cloud solutions. For instance, the government of the UK spent GBP 1,192.5 million on G-cloud. Such developments are expected to influence the demand for the data center interconnects in the forecast period.?
– With the growing popularity of cloud solutions, coupled with industry applications, such as AI, 5G, and Edge computing, the demand for the data centers is growing, which, in return, is anticipated to give immense opportunities to the data center interconnect market.?
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