logo

Belgium Data Center Networking Market Market Size (2024 - 2029)

The Belgium data center networking market is experiencing growth driven by factors such as the increasing demand for cloud computing among small and medium-sized enterprises, government regulations for local data security, and rising investments by domestic players. This growth is reflected in the market's expansion in terms of IT load capacity, construction of raised floor areas, and the installation of racks, with Brussels anticipated to accommodate the majority of these developments. Additionally, the connectivity infrastructure is being enhanced with multiple submarine cable systems, further supporting the market's expansion.

Home Market Analysis Technology, Media and Telecom Research Information Technology Research Belgium Data Center Networking Market Market Size

Market Size of Belgium Data Center Networking Industry

Belgium Data Center Networking Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
Historical Data Period 2019 - 2022
CAGR (2024 - 2030) 2.13 %
Market Concentration Medium

Major Players

Belgium Data Center Networking Market Major Players

*Disclaimer: Major Players sorted in no particular order

Belgium Data Center Networking Market Analysis

The Belgium Data Center Networking Market is expected to register a CAGR of 2.13% during the forecast period.

The Belgium data center networking market reached a value of USD 156.76 million in the previous year, and it is further projected to register a CAGR of 2.12% during the forecast period. 

  • The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
  • The upcoming IT load capacity of the market is expected to reach 260 MW by 2029. The country's construction of raised floor area is expected to increase more than 1.3 million sq. ft by 2029.
  • The country's total number of racks to be installed is expected to reach 65,000 units by 2029. Brussels will likely house the maximum number of racks by 2029. There are close to 5 submarine cable systems connecting Belgium, and many are under construction.

Belgium Data Center Networking Industry Segmentation

Data center networking refers to the set of technologies, protocols, and hardware used to connect physical and network-based devices and manage the network infrastructure, storage, and processing of application and data. Data center networking is very critical for 100% uptime of data centers. In the current web-connected world, business workloads are executed on single computers, hence leading to the need for data center networking. Networks provide servers, clients, applications, and middleware with a standard plan to stage the execution of workloads and also to manage access to the data produced.

The Belgium data center networking market is segmented by component type, including product (ethernet switches, router, storage area network (SAN), application delivery controller (ADC), and other networking equipment) and services (installation & integration, training & consulting, and support & maintenance). It caters to various end-users such as IT & telecommunications, BFSI, government, media & entertainment, and other end-users.

The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Component
By Product
Ethernet Switches
Router
Storage Area Network (SAN)
Application Delivery Controller (ADC)
Other Networking Equipment
By Services
Installation & Integration
Training & Consulting
Support & Maintenance
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-Users
Need A Different Region Or Segment?
Customize Now

Belgium Data Center Networking Market Size Summary

The Belgium data center networking market is experiencing steady growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and significant investments from local players. The market is characterized by the expansion of IT load capacity, construction of raised floor areas, and the installation of numerous racks, particularly in Brussels. The development of submarine cable systems further enhances the connectivity and infrastructure needed to support the growing data center industry. The rise of mega data centers, high-speed internet demand, and advancements in internet infrastructure are contributing positively to the market's expansion. The adoption of cloud computing technologies, digitization, and virtualization is further propelling the need for robust storage and backup solutions, as the volume of data generated continues to rise.

The market is also witnessing a surge in demand for high-bandwidth switches, driven by the need for enhanced data center connectivity and the introduction of higher bandwidth and scalable solutions. Ethernet technology plays a crucial role in meeting these connectivity requirements, with its application extending to various industrial infrastructures such as smart grids and surveillance systems. The increasing use of power over Ethernet (PoE) and the development of cloud networks are further boosting the demand for Ethernet switches. The competitive landscape of the data center industry is marked by the presence of major players like Cisco Systems Inc., NVIDIA, Dell EMC, IBM Corporation, and VMware Inc., who are continuously innovating to meet the evolving demands of the market. Recent advancements, such as Broadcom's cloud-like Ethernet switch bandwidth enhancements and VMware's SD-WAN solution, highlight the ongoing efforts to improve connectivity and optimize data center operations.

Explore More

Belgium Data Center Networking Market Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Utilization of Cloud Storage is Driving the Market Growth

      2. 1.2.2 Rising Need for Backup and Storage is Expanding the Market Demand

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of Skilled Professionals is Hindering the Market Demand

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Component

      1. 2.1.1 By Product

        1. 2.1.1.1 Ethernet Switches

        2. 2.1.1.2 Router

        3. 2.1.1.3 Storage Area Network (SAN)

        4. 2.1.1.4 Application Delivery Controller (ADC)

        5. 2.1.1.5 Other Networking Equipment

      2. 2.1.2 By Services

        1. 2.1.2.1 Installation & Integration

        2. 2.1.2.2 Training & Consulting

        3. 2.1.2.3 Support & Maintenance

    2. 2.2 End-User

      1. 2.2.1 IT & Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media & Entertainment

      5. 2.2.5 Other End-Users

Belgium Data Center Networking Market Market Size FAQs

The Belgium Data Center Networking Market is projected to register a CAGR of 2.13% during the forecast period (2024-2030)

Cisco Systems Inc., VMware Inc., NVIDIA (Cumulus Networks Inc.), Dell EMC and IBM Corporation are the major companies operating in the Belgium Data Center Networking Market.

Belgium Data Center Networking Market Report Snapshots

Belgium Data Center Networking Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)