Worldwide Data Center Interconnect Market

July 29th 2016 Mumbai, India: Bharatbook.com announces a report on “Worldwide Data Center Interconnect Market - Types - Drivers, Opportunities, Trends, and Forecasts, 2016 – 2022". The products segment holds the majority of the share in 2016 and is expected to gain more market share by 2022. The services industry will reduce as major players have started offering a suite of services at a lower price.

The Data Center Interconnect (DCI) is all about networking being used in the IT organizations. The main technique is to establish the network, work together, and to share the resources. The DCI is mostly skilled with networking tools supported by the software. By using Virtual Private Network, the data center can be interconnected. Once it is connected to the network, all the selected IT resources from the data center can be used.

Some of the advantages of DCI are scalability, workload sharing, and connectivity of multiple data in the same organization. DCI is being used in IT infrastructure to succeed in their industry. According to Bharat Book, the “Worldwide Data Center Interconnect Market” will witness a CAGR of 10.8% during the forecast period 2016–2022. The reason for the growth is the tremendous demand from retail, healthcare companies, banks and manufacturing companies which need to securely backup and replicate mission-critical data and applications among multiple locations.

The market is being divided by types – products and services. The products segment holds the majority of the share in 2016 and is expected to gain more market share by 2022. The services industry will reduce as major players have started offering a suite of services at a lower price. The cloud deployment of DCI will be one of the major trends in the market, however, the share of the on-premise DCI will be more than 80% in 2016. It is expected that the market for on-premise will reduce as the demand for the private and hybrid increases among the users.

The CSP and ICP are the...