Global Data Center Networking Market Projected to Reach $139 B by 2031

MarketsandMarkets forecasts the worldwide Data Center Networking market to grow from about $55.6 billion in 2025 to roughly $139.1 billion by 2031, a compound annual growth rate (CAGR) of 16.5%. Growth is driven by hyperscale data‑center expansion, AI‑intensive workloads, rapid cloud and edge adoption, 5G rollout, and increased investment in software‑defined networking and automation.

In a related report, the Data Center Transformation market is expected to rise from $11.5 billion in 2023 to $18.9 billion by 2028, a 10.5% CAGR. Key catalysts include the surge in data from big‑data analytics, IoT devices, and AI applications, with automation services showing the fastest growth. Cloud data‑center segments and the retail sector are highlighted as high‑growth areas, while North America retains the largest regional share.