Market Analysis:
A hyperscale data center is a facility that is owned as well as operated by the organization it supports. It includes companies such as Apple, Google, and Microsoft. Hyperscale data center has a wide range of applications including manufacturing, energy, healthcare, government utilities, BFSI, IT and telecom, and many others. It offers scalable, robust applications and storage service portfolio to businesses or individuals.
Various factors are driving the growth of the hyperscale data center market. These factors, in accordance with the Market Research Future (MRFR) report, include growing need for high performance application, increased spending on data center technology, growing adoption of cloud-based solutions, growing needs for reduction in operational and capital expenditures, and proliferation of IoT.
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Key Players:
Leading players profiled in the hyperscale data center market report include Hewlett Packard Enterprise Development LP (US), Intel Corporation (US), Broadcom Ltd. (US), Quanta Computer Inc. (Taiwan), Cavium (US), Lenovo Group Ltd. (China), NVIDIA Corporation (US), Cisco Systems, Inc. (US), Ericsson (Sweden), Huawei Technologies Co. Ltd. (China), IBM Corporation (US), and Dell Inc. (US), among others. The key players in the market are heavily investing in R&D activities and constantly innovating for generating affordable product portfolio.
On the contrary, concerns about data security and unethical hacking, excess heat generation, and power failure are factors that may deter the hyperscale data center market growth over the forecast period.
The global hyperscale data center market is predicted to touch USD 105 billion at a 28% CAGR over the forecast period (2017-2023), states the new Market Research Future (MRFR) report.
The need to support the huge scale of recent workloads and storage demands is bolstering the hyperscale data center market. Reports that study the information and communication technology industry have been offered by Market Research Future, which creates reports on industry verticals that judge the market growth and forecasts. The market is expected to target income level worth USD 105 billion while growing at a CAGR of 28 % in the forecast period.
The presence of industry goliaths is expected to create a significant push in the market for hyperscale data centers globally. Furthermore, the need to control operational and capital expenditures is another key factor that is anticipated to have a significant impression on the market for hyperscale data centers. The proliferation of IoT is expected to induce further innovation in the market in the upcoming period.
Market Segmentation:
The Market Research Future report offers a wide segmental analysis of the hyperscale data center market based on industry, deployment, data center size, components, and type.
Based on type, the hyperscale data center market is segmented into enterprises, colocation providers, and cloud providers.
Based on component, the hyperscale data center market is segmented into services and solution. The solution segment is again segmented into networking, storage, servers, and others. Of these, networking will have the largest share in the market over the forecast period.
Based on services, the hyperscale data center market is segmented into managed and professional services. The professional services segment is again segmented into maintenance and support, consulting, and installation and deployment.
Based on data center size, the hyperscale data center market is segmented into large data centers and small and medium-sized data centers.
Based on deployment, the hyperscale data center market is segmented into on-cloud and on-premise.
Based on industry, the hyperscale data center market is segmented into manufacturing, healthcare, IT and telecommunications, retail, BFSI, and others. Of these, the BFSI segment will dominate the market over the forecast period.
Regional Analysis:
Based on the region, the hyperscale data center market report covers growth opportunities and the latest trends across Europe, North America, Asia Pacific (APAC), and the Rest of the World. Of these, North America will spearhead the market over the forecast period. This is owing to a higher number of data center providers in Canada and the US.
The hyperscale data center market in Europe is predicted to have decent growth over the forecast period. Growth of data across different industries such as manufacturing and healthcare are driving the market growth here.
The hyperscale data center market in the APAC region is predicted to have significant growth over the forecast period. Increasing use of cloud-based services in China, Taiwan, and India, coupled with burgeoning demand for hyperscale data centers, are pushing the market growth. Moreover, the rise in internet connected devices and good economic growth are also affecting the market growth in this region.
Competitive Analysis:
The market’s development is dictated by the influence of market forces at play. The geopolitical conflicts and strategies are further intensified by the power tussles in international governments. The developments in the manufacturing sector in terms of equipment and facility space are expected to bolster the market’s development in the forecast period. The market is right now experiencing a chapter of dramatic developments. The formation of beneficial commerce strategies by quite a few countries is anticipated to amend the market’s growth perspective. The revolution noticed in the economies of numerous emerging nations is anticipated to push the market’s development in the forecast period. The need to stabilize the market conditions is expected to be a primary concern in the period of the forecast. Also, the consumer trends are anticipated to boost the market expansion in the coming years.
Industry Updates:
July 2019: Singapore’s sovereign wealth fund, GIC, and global data center and interconnection company, Equinix has entered into a joint venture for acquiring and developing six hyperscale centers in Europe. It will acquire two data centers in Paris and London, and further develop four more in London, Amsterdam, and Frankfurt (two sites).
Table of Content:
1 Market Introduction
1.1 Definition
1.2 Scope of The Study
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
2.6 List of Assumptions
3 Market Insights
4 Market Dynamics
Continued. . .
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List of Table:
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL HYPERSCALE DATA CENTER MARKET, BY COMPONENT, 2017–2024 (USD MILLION)
TABLE 3 GLOBAL HYPERSCALE DATA CENTER MARKET, BY SERVICES, 2017–2024 (USD MILLION)
TABLE 4 GLOBAL HYPERSCALE DATA CENTER MARKET, BY TYPE, 2017–2024 (USD MILLION)
TABLE 5 GLOBAL HYPERSCALE DATA CENTER MARKET, BY TIER TYPE, 2017–2024 (USD MILLION)
Continued. . .
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