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Global data center network equipment market: 12% CAGR between 2012-2016
Global Data Center Network Equipment Market 2012-2016 - a new market research report on 2014-03-05 09:05:03
The Global Data Center Network Equipment market is to grow at a CAGR of 12.16 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing popularity of cloud services. The Global Data Center Network Equipment market has also been witnessing increasing virtualization in network environments. However, the uncertain global economic conditions could pose a challenge to the growth of this market.
The increasing virtualization in network environments is one of the emerging trends in the Global Data Center Network Equipment market. In recent years, there has been an increase in virtualization in the networking environments of data centers. Also, while customers have wanted to tune their networks, they have been limited by the constraints of existing network management tools. Virtualization has increased the deployment of multi-core and blade server platforms resulting in consolidation of the storage environment. Virtual networks can be programmed, bonded to workloads, and are scalable to demand.
Moreover, they do not require physical network reconfiguration. Hence, because they are not constrained by physical boundaries, network resources can be efficiently utilized across noncontiguous clusters. With traditional networks it has been difficult to manage and integrate the systems they support and the services that they deliver. Earlier attempts to bridge this gap further increased the complexity of network configuration in terms of understanding application status and requirements, monitoring network traffic, and then acting in accordance with the configuration policy.
The increasing popularity of cloud services is one of the major drivers in the Global Data Center Network Equipment market. Cloud services are cost-effective and help companies in increasing their productivity. Enterprises are increasingly embracing both public and private cloud computing services. Also, customers are able to integrate various devices with a wide variety of services through the cloud according to their needs. The rapid growth in cloud computing has forced organizations to transfer enterprise applications and data to secure cloud-based hosted infrastructure. This has increased the need for data center providers to develop high bandwidth and reliable networks that can connect with this infrastructure. In addition, many governments are encouraging investment in cloud computing and the adoption of cloud computing.
The key vendors dominating this space are Cisco Systems Inc., F5 Networks Inc., and Hewlett-Packard Co. The other vendors mentioned in the report are Alcatel-Lucent, Avaya Inc., Brocade Communications Systems Inc., Citrix Systems Inc., Dell Inc. (Force 10), Enterasys Networks Inc., Extreme Networks Inc., Huawei Technologies Co. Ltd., IBM Corp., Juniper Networks Inc., NEC Corp., Oracle Corp. (Xsigo Systems), QLogic Corp., Riverbed Technology Inc., and ZTE Corp.
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