Market Size of Denmark Data Center Networking Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.13 Billion |
Market Size (2029) | USD 0.22 Billion |
CAGR (2024 - 2029) | 10.40 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Denmark Data Center Networking Market Analysis
The Denmark Data Center Networking Market size is estimated at USD 0.13 billion in 2024, and is expected to reach USD 0.22 billion by 2029, growing at a CAGR of 10.40% during the forecast period (2024-2029).
- 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.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Denmark data center market is expected to reach more than 300 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 1.2 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach above 63,800 units by 2029. Copenhagen is expected to house the maximum number of racks by 2029. According to the Danish Climate Change Council 2019, in Denmark data centers will increase the country's total energy consumption by 17% within 10 years.
- Planned Submarine Cables: There are close to 30 submarine cable systems connecting Denmark, and many are under construction. For instance, in July 2023, The final section of the Viking Link submarine cable was laid in the North Sea and now provides a full electrical connection between the UK and Denmark.
Denmark 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 applications 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 Denmark data center networking market is segmented by product (ethernet switches, routers, storage area network (SAN), application delivery controllers (ADC), and other networking equipment), by services (installation & integration, training & consulting, and support & maintenance), and by end-user (IT & telecommunication, 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.
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
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Denmark Data Center Networking Market Size Summary
The Denmark data center networking market is poised for significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from local players. The market is characterized by a robust infrastructure, with Copenhagen expected to host the majority of the planned racks, supported by an extensive network of submarine cables enhancing connectivity. The country's commitment to sustainability is evident in initiatives like Google's carbon-neutral data center, which underscores the integration of renewable energy sources. The rise in data consumption, particularly from sectors such as e-commerce and telecom, highlights the critical role of Ethernet switches in maintaining seamless operations within data centers. This demand is further fueled by the growing reliance on cloud-based data protection and backup services, as evidenced by significant investments in companies like Keepit.
The competitive landscape of the Denmark data center networking market is dominated by major players such as Cisco Systems Inc., Juniper Networks, Inc., Arista Networks, Inc., VMware, Inc., and Dell Inc. These companies are at the forefront of innovation, with recent advancements like Arista Networks' 25G Ethernet switches and Juniper Networks' enterprise-class wired access switch, both designed to enhance performance and reduce latency. The market's growth trajectory is supported by the introduction of advanced networking solutions, such as NVIDIA's SpectrumXtreme, which aims to improve cloud-based AI performance. As the demand for networking equipment continues to rise, driven by the expansion of data centers, Denmark's market is expected to maintain its upward momentum, reflecting the broader trends in global digital transformation.
Denmark Data Center Networking Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Trend of High-Performance Computing across Europe
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1.2.2 Growing Investments in IT& Telecom Sector
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1.3 Market Restraints
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1.3.1 Regulatory constraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 By Component
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2.1.1 By Product
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2.1.1.1 Ethernet Switches
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2.1.1.2 Routers
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2.1.1.3 Storage Area Network (SAN)
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2.1.1.4 Application Delivery Controller (ADC)
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2.1.1.5 Other Networking Equipment
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2.1.2 By Services
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2.1.2.1 Installation & Integration
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2.1.2.2 Training & Consulting
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2.1.2.3 Support & Maintenance
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2.2 End-User
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2.2.1 IT & Telecommunication
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2.2.2 BFSI
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2.2.3 Government
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2.2.4 Media & Entertainment
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2.2.5 Other End-Users
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Denmark Data Center Networking Market Size FAQs
How big is the Denmark Data Center Networking Market?
The Denmark Data Center Networking Market size is expected to reach USD 0.13 billion in 2024 and grow at a CAGR of 10.40% to reach USD 0.22 billion by 2029.
What is the current Denmark Data Center Networking Market size?
In 2024, the Denmark Data Center Networking Market size is expected to reach USD 0.13 billion.