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Stock impact report

Data Center Interconnect Strategic Business Research Report 2023-2030: Rapid Pace of Digital Transformation Necessitates Robust Data Centers, Drives Opportunities for DCI Solutions [Yahoo!...

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Dublin, Sept. 13, 2024 (GLOBE NEWSWIRE) -- The "Data Center Interconnect - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Data Center Interconnect is estimated at US$11.2 Billion in 2023 and is projected to reach US$28.6 Billion by 2030, growing at a CAGR of 14.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the DCI market is driven by several factors. Foremost among these is the exponential increase in data traffic due to the proliferation of cloud services, big data analytics, and IoT applications. The rapid adoption of 5G technology also contributes significantly, as it generates substantial data volumes requiring efficient transport between data centers. Furthermore, the rise in data sovereignty regulations necessitates local data storage and processing, thus increasing the need Show less Read more
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