Market Research Report
Data Center Fabric Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
|Data Center Fabric Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027|
Published: June 13, 2022
IMARC Services Private Limited
Content info: 145 Pages
Delivery time: 2-3 business days
The global data center fabric market reached a value of US$ 23.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 84.2 Billion by 2027, exhibiting a CAGR of 24.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
The data center fabric is an integrated system of multiple switches and servers employed for facilitating the communication of data between server and switch nodes. It is used in a network consisting of servers, storage units and other peripherals. The fabric is depicted by a spine and leaf design, in which, connected devices are shown on the leaves, while switches are placed on the spine. This structure improves network performance and ensures optimal processing and communication while providing flexible configuration options for scalability and future technologies. Owing to these benefits, it finds extensive applications across the banking, financial services and insurance (BFSI), information technology (IT), healthcare and infotainment sectors.
The increasing adoption of cloud computing, big data tools and multi-tier data center architectures across the globe are among the key factors driving the growth of the market. In comparison to the traditionally used alternatives, data center fabric solutions are proven to provide advanced security to sensitive data and information of the enterprises. Furthermore, the increasing internet penetration and widespread utilization of interactive applications are escalating the demand for improved data networks and extensive storage facilities that are supported by data center fiber solutions. Apart from this, the emerging trend of the virtualization of data centers has enhanced the product utilization for agility and efficiency in organizational tasks and cloud implementations. Other factors, including various technological advancements and research and development (R&D) for facilitating automation across industries and reducing overall operating costs, are projected to drive the market further.