The Telecom and IT practice at MarketsandMarkets is pleased to announce its Analyst Briefing on "Data Center Networking Market [Ethernet switches; SAN; Routers, ADC; Network Security Equipment; WAN optimization appliances]: Global Advancements, Opportunities, Worldwide Market Forecast and Analysis (2013 - 2018)", to be held on 5 November, 2013. The briefing will cover an overview of drivers, restraints and challenges, and opportunities that impact this market.
The data center networking market has evolved rapidly during the past few years, with the emerging technologies, and focusing on supporting automation and simplifying virtualized data centers. The major trends such as server and data center consolidation, server virtualization, and migration of applications toward external cloud services are driving the change in the existing data center network architecture. The data center network market has been transformed with new architectures and new technologies; and vendors are specifically targeting solutions to address the changing size and density of the data center to cater the growing requirements due to the changing traffic patterns and simplified network operations.
Data center networking industry is experiencing huge investments from major network vendors such as Cisco, Brocade, Juniper Networks, Alcatel-Lucent, Extreme Networks HP, IBM, and other key market players including 6Wind, CohesiveFT, Arista Networks, Pica8, Transmode, and Avaya . The market for data center network is driven by forces such as network virtualization, Software-Defined Networking (SDN), network automation and orchestration, increasing data traffic, high-performance and low-latency requirements, and more. MarketsandMarkets forecasts the global Cloud Radio Access Network (RAN) market to grow from $12.49 billion in 2013 to $21.85 billion in 2018. Over the next 5 years, data center networking market is expected to experience rapid adoption in the Asia Pacific (APAC) and Latin America (LA)
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Note: An email containing the Login Details and Time of the Analyst Briefing will be sent to you soon after your registration.