Report Code: A13171 | Jan 2023 | Pages: 290 | ||
Tables: 98 | Charts: 50 |
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The term cross connect represents the cabling necessary to establish a direct link between two separate hardware units in a data center. It allows the owners of the units to establish a private network link and eliminate the need to connect using the internet. Collocation providers typically provide tenants only with a connection to the main distribution frame. This connection is established by linking the patch panel in the tenant's enclosure with another patch panel that mirrors the ports of the original panel. The second patch panel for each tenant sits in the Meet-Me Room (MMR). If two tenants wish to establish a direct connection between their enclosures, they may ask the colocation owner to provide a cross-connect, i.e., to use a patch cable to connect their respective patch panels in the MMR.
The cross-connect system market has been severely impacted by the outbreak of the COVID-19 pandemic. With governments of several nations imposing and extending lockdowns, production and manufacturing facilities across the globe have been shut down, owing crisis and unavailability of workforce. Considering the inputs from various industry experts belonging to the various stages of the value chain, such as OEMs, suppliers, integrators, end users, and distributors, and the financial release of various companies in the cross-connect system ecosystem, it is calculated that the market has experienced a decline during 2019–2020. Furthermore, the outbreak of the pandemic has disrupted the global supply chain, thereby creating significant gap in supply chain. Economic impact of the pandemic has been disruptive. Key players operating in the cross-connect system industry temporarily witnessed a slowdown, owing to lack of availability of skilled professional to develop cross-connect system market solutions, which has led to decline in revenues for the financial year 2020 to 2021. However, it is expected that the market will recover from 2021 and remain in the growth stage during the forecast period.
The cross-connect system market is segmented into Type and Application.
By type, the market is divided into fiber, CAT cables, COAX and others. The fiber segment was the highest revenue contributor to the market in 2021.
By application, it is segmented into connectivity and protection switching & network restoration. The connectivity segment was the highest revenue contributor to the market in 2021.
Region wise, the cross connect system market trends are analyzed across North America (the U.S. and Canada), Europe (UK, Germany, France, Italy and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Cross Connect Network offers numerous advantages compared to standard ISP connections. From increased security and data loss protection to performance improvements, cross connects present the best connectivity solution for a wide range of use cases. Using cross connects simplifies the network topology and eliminates many potential points of failure commonly found in public networks. Therefore, cross connections are much more reliable for organizations that cannot afford server downtime.
Significant factors that impact growth of the cross-connect system market size include surge in usage in datacenters. Moreover, emergence of internet of things (IoT) is expected to drive the cross-connect system market growth. However, rise in concerns related to high installation cost might hamper the cross-connect system industry. On the contrary, rise in investments in optical fiber cable (OFC) network infrastructure offers potential growth opportunities for the cross-connect system market share.
The cross-connect system market analysis and profiles of the major players, such as Huawei Technologies Co., Ltd., Optiwave Systems Inc., Fujitsu Ltd., Sercalo Microtechnology Ltd., Xros Inc., ZTE Corporation, CommScope, Equinix, Inc., CoreSite and Cyxtera Technologies Inc are provided in this report.
Key Benefits For Stakeholders
Cross-Connect System Market Report Highlights
Aspects | Details |
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Market Size By 2031 | USD 7.1 billion |
Growth Rate | CAGR of 11.1% |
Forecast period | 2021 - 2031 |
Report Pages | 290 |
By Type |
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By Application |
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By Region |
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Key Market Players | Xros Inc., CommScope, Sercalo Microtechnology Ltd., ZTE Corporation, Fujitsu Ltd., Cyxtera Technologies Inc., Huawei Technologies Co., Ltd., Equinix, Inc., CoreSite, Optiwave Systems Inc. |
Analyst Review
Cross connects are a convenient and hassle-free way to improve the quality of the service. Cross connects are also used to connect to other data center facilities within a data center campus setting. This is referred to as an intracampus cross connect. They are used to connect the colocation racks in one data center to a campus of data centers. It works by connecting an aggregation point inside one data center to an aggregation point inside another data center. With intracampus cross connects, there is no need for switching or routing. The connection speed is very fast as it is a private connection for moving data over short distances.
The key players profiled in the report include cross connect system market players, such as Huawei Technologies Co., Ltd., Optiwave Systems Inc., Fujitsu Ltd., Sercalo Microtechnology Ltd., Xros Inc., ZTE Corporation, CommScope, Equinix, Inc., CoreSite and Cyxtera Technologies Inc.
A. Connectivity is the leading application of the Cross-Connect System Market.
A. North America is the largest regional market for Cross-Connect System.
A. The industry size of Cross-Connect System is estimated to be $2,483.9 million in 2021
A. Huawei Technologies Co., Ltd., Optiwave Systems Inc., Fujitsu Ltd., Sercalo Microtechnology Ltd. and others are the top companies to hold the market share in the Cross-Connect System Market.
A. The Cross-Connect System Market is expected to grow at a CAGR of 11.12% from 2022-2031.
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