TECH SUPPLIER Mar 2021 - Market Forecast - Doc # EUR147503820
European Datacenter Networking Market Forecast, 2020–2024
By: Peter KosinarProgram Manager, Telecoms Netw., CEE, Bruno TeytonResearch Director, EMEA Telecommunications and Networking, Sylvia WünscheSenior Research Analyst, European Telecommunications and Networking
This IDC Market Forecast analyzes the European datacenter networking market from 2019 through to 2024. It covers manufacturer revenue for Ethernet switches (Layer 2–3), application delivery controllers (Layer 4–7), ADCaaS, WAN optimization, Fiber Channel (FC) switches, InfiniBand switches, and network virtualization overlay/software-defined network (NVO/SDN) controller software. It segments the market by customer type and geographic subregion (Western Europe and Central and Eastern Europe).
"In 2020, the COVID-19 outbreak had a negative impact on the datacenter networking market, but it proved more resilient than other infrastructure markets. IDC expects the market will return to 2018 growth levels during the first half of 2022. The pandemic has accelerated the migration to cloud and enterprises, so cloud providers and telecom operators need to modernize their network infrastructures to manage distributed workloads across multiple environments."
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