Hyperscale Data Center Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

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.

The hyperscale data center market is expected to grow at a steady rate of around 26% owing to the rising number of mobile applications and increasing data. Major companies in the market that offer hyper-scale data centers are Mellanox Technologies Inc., Nlyte Software, SanDisk Corporation, Avago Technologies, and Cavium Inc.

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According to UnivDatos Market Insights (UMI)’ research report “Global Hyperscale Data Center Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the rising data transfer and increasing need for data storage facilities.

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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North America to witness extensive growth

For a better understanding of the market adoption of the Hyperscale 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. 

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the hyperscale data center market are 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” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Component (Solution and Service)

2.      By End-user (BFSI, IT & telecom, Government, Energy & Utilities, and Others)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (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)

Key questions answered in the study:

1.      What are the current and future trends in the global hyperscale data center industry?

2.      How the industry has been evolving in terms of component and end-user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global hyperscale data center industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global suppliers across various region and countries?