Data Center Interconnect Market 2017 - Global Forecast to 2023 - Increasing Focus on Reducing High Power Consumption and Bandwidth Requirements in Data Centers

The Data Center Interconnect (DCI) market is expected to reach USD 6.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.04% between 2017 and 2023. DCI plays a critical role in meeting the data explosion and non-stop demand for cloud-based services. The phenomenal growth in internet traffic combined with the fierce migration to cloud-based services results in the high growth of DCI.Asia Pacific (APAC) is expected to be the fastest-growing region for the DCI market, followed by RoW during the forecast period. The market in the APAC region is expected to grow at the highest rate during the forecast period due to the increasing adoption of optical interconnects in data centers, and metro and long-haul networks.

The Data Center Interconnect (DCI) market is expected to reach USD 6.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.04% between 2017 and 2023. DCI plays a critical role in meeting the data explosion and non-stop demand for cloud-based services. The phenomenal growth in internet traffic combined with the fierce migration to cloud-based services results in the high growth of DCI.

Asia Pacific (APAC) is expected to be the fastest-growing region for the DCI market, followed by RoW during the forecast period. The market in the APAC region is expected to grow at the highest rate during the forecast period due to the increasing adoption of optical interconnects in data centers, and metro and long-haul networks.

DCI usually ends up to be limited for long-distance links wherein the attenuation in copper cables is too high for the electrical circuits to compensate, and hence, DCI requires a high initial investment, which is acting as one of the major restraints of this market.

Key players in this market focus on new product developments, strategic partnerships, acquisitions, and agreements to increase their revenues. For instance, in 2016, TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in submarine network technology, partnered with Ciena Corporation (US), to further the advancement of open submarine cable networking solutions.

Customers seeking a single point of contact for both wet and dry plants will have the option to combine TE SubCom's advanced wet plant designs and marine installation with Ciena's industry-leading 6500 Packet-Optical Platform, powered by WaveLogic coherent optics, to create a powerful and flexible next-generation undersea cable system.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Data Center Interconnect Market, By Type

8 Data Center Interconnect Market, By Application

9 Data Center Interconnect Market, By End User

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/6xhqrp/data_center

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716