Global Hyperscale Data Center Market is expected to foresee significant growth. North America to lead the growth!
The hyperscale data center market is expected to grow at a steady rate of around 26% owing to the surge in the data center traffic coupled with rapid growth in the number of IoT devices. Hyperscale data centers are massive business-critical facilities designed to efficiently support robust, scalable applications and are often associated with big data-producing companies such as Google, Amazon, Facebook, IBM, and Microsoft. The rising demand for data centers to enhance productivity and customer experience is also a responsible factor for the market growth of hyper-scale data centers. Furthermore, the increasing need for operational efficiency also has a positive impact on the market for hyper-scale data centers.
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Based on the component, the market has been categorized into solution and service. Among them, the service segment is expected to have significant growth in the market. The rising utilization of various services and applications for data storage propels the service segment in the hyper-scale data center market. Furthermore, the increasing usage of cloud networks and the enhancement in cloud computing also encourage companies to broaden their services resulting in the growth of the segment.
Based on the end user, the market has been categorized into BFSI, IT & telecom, government, energy & utilities, and others. Among them, the IT & telecom segment is expected to have significant growth in the market during the forecast period. This is mainly due to the rapidly rising number of IT companies and the enormous generation of data is attributed to the rising need for large data storage facilities. Thus, increasing the market for hyperscale data centers.
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For a better understanding of the market adoption of the hyper scale data center industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America constitutes a significant hyperscale data center market due to the presence of the major IT companies in the region along with the generation of a large amount of data from the region. Furthermore, the presence of a large number of data centers in the region also catalyzes the growth of the market in the region. For instance, ComEd and CloudHQ, a global data center company, are working together to launch ‘one of the largest data centers in the state of Illinois.
Some of the major players operating in the market include Mellanox Technologies Inc., Nlyte Software, SanDisk Corporation, Avago Technologies, Cavium Inc., Cisco Systems Inc., Ericsson, Hewlett-Packard Company, Intel Corporation, and International Business Machines Corporation.
Global Hyperscale Data Center Market Segmentation
Market Insight, by Component
Market Insight, by End-user
Market Insight, by Region
- North America
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Mellanox Technologies Inc.
- Nlyte Software
- SanDisk Corporation
- Avago Technologies
- Cavium Inc.
- Cisco Systems Inc.
- Hewlett-Packard Company
- Intel Corporation
- International Business Machines Corporation.