Data Center Switch Market Share

North American Market Forecast   

The market share of data center switch in North America, amongst the market in all the other regions, is projected to be the largest with a share of about 32% by the end of 2037. The growth of the market can be attributed on the back of rise in internet usage and a rise in energy demand from massive data centers. Moreover, the increasing adoption of technologies in the region, such as 5G technology, block chain technology, big data, AI, and others is further expected to expand the market’s growth in the region. According to the report’s estimates, more than 90 percent of the organizations in the United States are investing in big data and artificial intelligence projects. Moreover, more than 20 percent of the organizations are using big data analytics in the US. In addition, large amount of convergence has been seen in the North America region, resulting in reduced data center complexity.

Europe Market Forecast

The European data center switch market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The expansion of investments in the IT industry and the existence of significant important players in this sector are both expected for the market's growth in this region. Furthermore, the increasing government initiatives for the development of IT infrastructure is further estimated to drive the industry growth in the upcoming years.   In addition, the growing trend of building green data centers for managing, storing, and transferring information has helped numerous software companies reduce their energy use and overall energy expenditures. All these factors, are together expected to contribute to growth of the market in the European region.

APAC Market Statistics

Further, the market in the Asia Pacific, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the rising generation of data among organizations in countries such as China, India, and others, as these countries are emerging and increasing the scope of data centers. In addition, the rising construction of data centers in the region, is further predicted to surge the growth of the global data center switch market in the Asia Pacific region.