target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Forecast - Doc Document number: # US52111624
Worldwide Datacenter Network Forecast, 2024–2028
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Abstract
This IDC study forecasts and analyzes key trends impacting the worldwide market for datacenter networking.
"The datacenter networking market continued to see meaningful growth in 2023, enabled by early momentum in running generative AI models at cloud providers and enterprise networks. IDC is bullish on exciting industry initiatives ahead for network fabric modernization, driven by GenAI, enterprise SaaS, application modernization, and so forth, providing ample opportunity for robust market expansion in the years ahead." — Vijay Bhagavath, research vice resident, Cloud and Datacenter Networks, IDC