The Asia Pacific Data Center Interconnect Market would witness market growth of 14.0% CAGR during the forecast period (2021-2027).
DCI connects users and data to the relevant cloud applications and services by combining routers and servers or multi-tenant data centers. It's a broad idea that encompasses connectivity solutions at multiple network tiers. DCI can be created at the packet layer, using packet-optical technology, or at the optical layer, using switches and routers. It can be a piece of completed service or a solution provided by an operator. Data sharing between third-party suppliers and financial exchanges that are part of a bank's digital services ecosystem is also facilitated by DCI. Companies are only now beginning to migrate their IT resources to public and multi-tenant clouds. DCI connection from enterprise data centers and between cloud data centers will increase in lockstep as this trend accelerates.
Reduce power and space requirements, scale transport capacity, ensure quality, disaster recovery, latency reduction, global networking, scalability, adaptability, and operational integrity are all advantages of employing data center interconnect. DCI technology also allows businesses to share resources, dynamically penetrating both physical and virtual resources across various sites and balancing their network infrastructures as needed. Companies can use a variety of applications to connect their systems using high-speed Ethernet or visual interfaces over dedicated fibre or wavelength services. A high-speed WAN link, including MPLS, Ethernet, and VPLS, is required for a DCI. Metro Ethernet is a method of connecting data centers in urban areas.
India is one of the world's fastest-growing economies, and the rise of public cloud-based data centers is expected to accelerate. As the country's largest private sector employer, the IT industry dominates the Indian market, where data centers are widely employed, accelerating market expansion.
For software technology parks of India (STPI) and Special Economic Zones, the Indian government has extended tax breaks to the IT sector (SEZs). In addition, India makes the process of establishing facilities easier by offering a single point of contact. Major Indian cities such as Mumbai, Bengaluru, Chennai, New Delhi, and Hyderabad are home to more than 75% of the data centers. As hubs for BFSI (banking, financial services, and insurance) and IT & ITeS start-ups, Mumbai and Bengaluru provide infrastructure to most data centers.
The China market dominated the Asia Pacific Data Center Interconnect Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,432.5 million by 2027. The Japan market is exhibiting a CAGR of 13.3% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 14.6% during (2021 - 2027).
Based on Type, the market is segmented into Products (Packet-Switching Networking and Optical DCI), Software, and Services. Based on End User, the market is segmented into Internet Content Providers/ Carrier-Neutral Providers, Communication Service Providers, Enterprises, and Government. Based on Application, the market is segmented into Real-time Disaster Recovery & Business Continuity, Shared Data & Resources/Server High-availability Clusters (Geoclustering), and Workload (VM) & Data (Storage) Mobility. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Data Center Interconnect Market is Projected to reach USD 18.3 Billion by 2027, at a CAGR of 13.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd., Cisco Systems, Inc., Ciena Corporation, Infinera Corporation, ADVA Optical Networking SE, Nokia Corporation, Juniper Networks, Inc., Fujitsu Limited, Colt Technology Services Group Limited, and Extreme Networks, Inc.
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