NEC Corporation (NEC; TSE: 6701) will build two new green data centers using 100% renewable energy to meet the growing demand for data centers. The "NEC Kanagawa Data Center: Phase 2 Building" will open in the second half of 2023, while the "NEC Kobe Data Center: Phase 3 Building" will open in the first half of 2024.
Arista Networks, Inc. announced the addition of 8 new switches that also includes a high-end box that supports 800 G of bandwidth.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4893
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing demand for efficient energy consumption, and rising cloud adoption by the enterprises are the major factors driving the market growth.
The market size of data center switch is anticipated to attain a CAGR of 7.92 % over the forecast period, i.e., 2023-2035.
High operational cost for data center switches, and rising government regulations regarding the data centers are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Arista Networks, Inc., NEC Corporation, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, Dell Inc., Extreme Networks, Inc., D-Link Corporation, ZTE Corporation, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by switch type, technology, end user, and by region.
The IT & telecom segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities