DATA CENTER NETWORKING MARKET ANALYSIS

Regional Analysis

Global Data Center Networking Market: Regional Insights

North America and Asia Pacific were two leading markets in terms of revenue in 2022, and are expected to hold dominant position over the forecast period. The market growth in these regions is attributed to the growing storage, communication, delivering IT services and networking to number of network users, businesses, and devices. For instance, data center networking are majorly used in cloud-based applications, services, and infrastructure etc. in the industry, which is expected to drive demand for data center networking over the forecast period. Moreover, increasing demand for hardware and software in the data center networking is expected to facilitate growth of the Data Center Networking Market in North America.

The Asia Pacific region is expected to gain traction during the forecast period. The countries in the Asia Pacific regions are constantly investing in the software and hardware sector. New Projects are initiated to meet the requirement of countries such as India, Bangladesh, Taiwan, and others. The construction of new projects will increase the demand for data center networking in the software and hardware sector are they are used to store data, communication, delivering IT services and networking to number of network users, businesses, and devices. Hence, the Global data center networking market is expected to gain traction in the Asia Pacific region in the forecast period.