AI adoption to accelerate growth in the $215 billion Data Center market
IEEE ComSoc
SEPTEMBER 15, 2024
Ethernet switches which communicate within the data center via local area networks. BofA notes that construction spending for data centers is approaching $30bn (vs $2bn in 2014) and accounts for nearly 21% of data center capex. Networking Equipment Market: BofA estimates a $20bn market size for Data Center networking equipment.
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