Global data center fabric market to reach $102.4 billion by 2028

The global data center fabric market size reached US$ 29.3 Billion in 2022 and is forecast to reach US$ 102.4 Billion by 2028, exhibiting a growth rate (CAGR) of 23.6% during 2023-2028, according to Research and Markets.

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. Research and Markets