Hyper-Scale Data Center Market 2018 Global Analysis, Opportunities And Forecast To 2024
- ehteshampeerzade
- Nov 27, 2020
- 3 min read
Market Highlights
The hyper scale data center market is expected to touch an exponential growth at 27% CAGR over the assessment period (2017-2023). Hyper scale as the name suggests is everything about attaining big scale in computing, particularly for purposes of cloud computing or big data. The hyper scale infrastructure has been designed for horizontal scalability which leads to improved levels of throughput, performance and redundancy to allow high availability and fault tolerance. Often hyper scale depends on virtual networking and server architectures that are massively scalable.
Noble Developments
The rising demand for online services such as live channels, social networking, and gaming websites is generating a hefty volume of data that needs to be stored and processed. With the fragmentary changes in data storage requirements, mounting demand for cloud computing services is being witnessed. Cloud computing offers numerous advantages such as scalability, efficiency, enhanced application performance, and flexibility requires high computational power owing to which enterprises are consolidating data centres to enhance business profitability.
Growing demand for cloud resources and data centres from the consumers and businesses has led to the execution of large-scale public cloud data centres. These hyperscale cloud operators are predictable to lead the cloud industry. Such factors are likely to positively impact the hyperscale data centre market profits over the forecast timespan. Hyperscale data centres have been chiefly adopted by big companies such as Amazon and Google, thus promising as one of the fastest-growing technologies in the IT infrastructure world.
Furthermore, the factors driving this market are also noted to be the application of hyperscale data centre, energy efficiency, across various industry domains, and reduced total cost of ownership. On the contrary, factors such as power failure and generation of enormous heat are some of the manacles for the world hyperscale data centre industry.
Segmentation:
In Market Research Future (MRFR) report, the global hyperscale data center market growth is segmented on the basis of solutions, type and vertical.
Based on solutions, the hyper scale data center market is segmented into service, software, server and storage.
Based on type, it is segmented into cloud providers, enterprises and colocation providers.
Based on vertical, the hyper scale data center market is segmented into energy & utilities, IT & Telecommunication, BFSI, media and entertainment, healthcare, manufacturing, retail, government and defense. Of these, IT & Telecom accounted for the maximum share in the hyper scale data center market owing to the growth in IT services and re-architect data centers. BFSI too had the highest revenue due to growing competition in the financial sector, rising consumer trends and fraud detection. Therefore, they are using hyper scale data center technologies especially for efficiency amid the domains.
Regional Analysis
Regionally, North-America grabbed the largest market share from countries the such U.S. among others. The reason is attributed to the growing investments for these technological solutions, adoption of these solutions by various domains and low operational cost. North America has also constituted a leading market share back in 2016 and is probable to retain its position over the forecast period. The growth was propelled by the cost-efficiency of the technology and the incidence of numerous vendors, leading to foremost investments in the development of cloud infrastructure in the region. The U.S. grabbed major markets share in North America.
Asia-Pacific region is anticipated to cultivate over the assessment period, 2017-2023. The reason is attributed to escalating data centre traffic, mounting demand for various technological solutions and rising development of IT infrastructure.
Top Market Players
Top players in the global hyperscale data centre market include IBM Corporation (US), Cisco Systems, Inc. (US), Ericsson (Sweden), Huawei Technologies Co. Ltd. (China), Cavium (US), Lenovo Group Ltd. (China), Broadcom Ltd. (US), Quanta Computer Inc. (Taiwan), Dell Inc. (US) Intel Corporation (US), and Hewlett Packard Enterprise Development LP (US).
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