TECH SUPPLIER May 2020 - Market Forecast - Doc # US41313617

Worldwide Datacenter Network Forecast, 2020–2024

By: Brad CasemoreResearch Vice President, Datacenter Networks, Petr JirovskyResearch Director, Network Infrastructure, Rohit MehraVice President, Network Infrastructure

Abstract

This IDC study provides a forecast for and analyzes key trends affecting the worldwide market for datacenter networking.

"COVID-19 will take the wind from the sails of the datacenter network market during the middle part of 2020, but long-term growth prospects remain relatively bright, driven by continued demand from hyperscalers and other cloud customers and by enterprises modernizing and extending their datacenter networks for hybrid IT and multicloud. IDC expects multicloud networking to benefit as enterprises, reeling from COVID-19, adopt infrastructure that enables viable business resiliency and continuity." — Brad Casemore, research vice president, IDC's Datacenter Networks


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