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Data center networking market Size 2021 - Industry Forecasts Report 2027

<br>The data center networking market growth will enhance due to mounting demand for robust networking solutions from multiple industry verticals. Over the forthcoming years, there will be budding demand for data center routers that permit seamless and secure device connectivity.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2578 <br>

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Data center networking market Size 2021 - Industry Forecasts Report 2027

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  1. Data Center Networking Market is projected to reach CAGR 15% by 2027

  2. Key Insights from Data Center Networking Market: • Mounting demand for robust networking solutions from multiple industry verticals will enhance the growth of the data center networking market. Over the forthcoming years, there will be budding demand for data center routers that permit seamless and secure device connectivity. • Based on digitalization, expanding prevalence of the online payment industry has also boosted the demand for high-performance data center infrastructures for effective data traffic management. The BFSI sector have been witnessing an increasing penetration of digitalization, with adoption of technologies such as mobile wallets and smart cards. These are expected to play a major role in the growth of the data center networking market. The momentous amount of digital data generated by the industry on an annual basis will acutely accelerate the demand for high-performance data center networking solutions.

  3. Regional Insights in Data Center Networking Market: • Through a regional viewpoint, South America will be a dominating the industry share in the estimated timeframe. The regional growth will be attributed to the developing industrial sector and the supportive strategies implemented by regional governments. • For instance, In March 2017, the government of Argentina announced a strategy to boost the country’s automotive sector and produce an output of around a million units by 2023. Moreover, the industries in Brazil have also been employing advanced technologies such as machine learning and AI to strengthen their global competitiveness. Increasing internet penetration in LATAM has given a sharp rise to the number of people using 5G services, which will also impel the demand for data center networking solutions in the coming years.

  4. Latest Research Report On Data Center Networking Market@ https://www.gminsights.com/industry-analysis/data-center-networking-market Request for a sample of this research report @https://www.gminsights.com/request-sample/detail/2578

  5. Major Companies in Data Center Networking Market: • Alcatel-Lucent • Arista Networks • Avaya • Broadcom Inc. • Cisco Systems Inc. • Dell Inc. • Delta Electronics Inc. • Extreme Network • Fujitsu Ltd. • Hewlett Packard Enterprise • Huawei Technologies Co. Ltd. • IBM Corporation • Microsoft Corporation • Intel Corporation • Juniper Networks • NEC Corporation

  6. Industry Coverage

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