April 4, 2020

Hyperscale Data Centers Market | Key Players are NVIDIA Corporation, Sandisk LLC, Lenovo Group Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, Cisco Systems, among others.

According to a new market research report published by Credence Research, the global hyperscale data center market is set to grow with a CAGR of 17.5% over the forecast period from 2019 to 2027, starting from US$ 18.55 billion in 2018.

Market Insights

The global market for hyperscale data centers is strongly driven by the growing demand for online services such as social networking, gaming websites and live channels. These online services generate a large amount of data that needs proper storage and processing facilities. Developing and installing hyperscale data centers will make it possible to provide support for storage and processing. In addition, cloud computing has also generated significant changes in data storage requirements and a rapid growth in cloud computing is also expected to generate high demand for cloud resources and data centers. Hyperscale data centers are widely used by large technology giants such as IBM, Amazon, Google, and so on. As the IT industry is growing due to technological advances, the demand for hyperscale data centers is also driven by rapid growth in computing technologies. Hyper-scale data centers are emerging as one of the fastest-growing technologies in the IT infrastructure world, driven by the high penetration of internet and mobile technologies and the growing need for computing.

Browse the full report at https://www.credenceresearch.com/report/hyperscale-data-centers-market

Though, hyperscale data centers projects growth opportunities, factors such as consumption of large amount of power, high heat generation, and negative impact on environment, storage limitations and the high installment cost are some factors that limit the growth of this market.

Based on the type of components, the segment of networking equipment is likely to dominate the hyperscale data center market by holding a market share of around 30%. It is expected that a significant increase in the size of IT facilities will support widespread business operations. This creates a demand for smooth data transfer and data integration. Effective network infrastructure is needed for the proper integration of a large number of servers and storage devices and for effective communication and sharing of enterprise data. This is primarily driven by the demand for networking equipment and thus stimulates the growth of this market.

Based on the geography, North America dominates the hyperscale data centers market by holding largest market share of the total revenue generated worldwide. This market position is mainly attributed to the technological advancements and increasing adoption of cloud-based solution for big data storage and cloud computing. Additionally, US being a technological hub, is experiencing growth in cloud computing industry. Asia-Pacific is expected to grow at a highest CAGR during the forecast period. Emerging countries in this region has strong presence of OTT providers and telecom operators. Countries such as India, and China have a strong internet penetration rate, and thus provides high growth opportunities to the service providers. These countries also offer expansion opportunities based on large customer base, and low cost of production.

Some of the major companies profiled in the report include Schneider Electric SE, NVIDIA Corporation, Sandisk LLC, Lenovo Group Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, Cisco Systems, Inc., Dell, Inc., Huawei Technologies Co., Ltd., Cavium, Inc., and Broadcom Ltd. among others.

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/59766

Report Scope by Segments

By Component Segment

  • Solution
    • Cooling
    • Power
    • IT racks & enclosures
    • LV/MV distribution
    • Networking equipment
    • DCIM
  • Service
  • Installation & deployment
  • Maintenance & support
  • Monitoring services

By Application Protocol Segment

  • BFSI
  • Government
  • IT & telecom
  • Entertainment & media
  • Others

By End User Segment

  • Cloud providers
  • Colocation providers
  • Enterprises

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Credence Research is providing Free Sample Get it here: https://www.credenceresearch.com/sample-request/59766

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