Hyperscale Data Center Market is Anticipated to Grow USD 285.63 Billion at a CAGR of 20.76% CAGR by 2030 – Report by Market Research Future (MRFR)
Research Reports
Oct 28, 2022
Market Overview
The Hyperscale Data Center Market earned USD 27.87 billion in revenue in 2020 and is predicted to reach USD 285.63 billion by 2030, increasing at a CAGR of 20.76 percent. The data centres are designed to handle thousands of systems and millions of virtual servers. Scalable compute architecture can be provided via hyperscale data. Nodes are these small independent servers.
They can assist with tasks such as storage, computation, and networking. It is possible to group the nodes and manage these as a single entity. This data centre allows for the creation of a small infrastructure. Top corporations have been rapidly adopting Hyperscale data centres in recent years. Demand exists for Amazon, Google, and other IT companies.
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These data centres have a wide range of applications. The programme is widely used in the government, telecommunications, information technology, and healthcare sectors. The increased demand for data operations and IT organisations will drive hyperscale data centre demand to unprecedented levels. Cloud computing as well as the adoption of excellent data centres drive hyperscale data centre market growth.
The breakout of covid 19 is causing significant damage to the worldwide industry. However, the hyperscale data centre business is booming at the moment. During the projection period, there are a lot of purchasers on the market. During this time, the market has a lot of buyers. Hyperscale data centres are in high demand.
Because of the economic situation, adoption is low. Several businesses are in high demand but have cut back on investment. It is resulting in a decrease in data centre adoption. The cloud component of the hyperscale data centre market is experiencing increased demand. There are supplier interruptions, which have an impact on overall demand.
Hyperscale Data Center Market Report Scope:
| Parameter | Details |
| Revenue Forecast in 2030: | USD 285.63 Billion |
| Growth Rate: | CAGR of 20.76% from 2020 to 2030 |
| Forecast Period: | 2020 -2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Market Segmentation
Hyperscale Data Center Market Segment by Component, Server , End-User, Data Centre Size , and by By Industry.
By Component
- Software
- Networking
- Server
- Storage
By Server
- Support
- Installation
- Maintenance
- Deployment
By End-User
- Enterprises
- Cloud providers
- Collocation providers
By Data Centre Size
- Small scale enterprise
- Large scale enterprise
- Medium-scale enterprise
By Industry
- Media and entertainment
- IT
- Banking and financial
- Manufacturing
- Healthcare
- Defence
- Government
- Manufacturing
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Regional Classification
The market for hyperscale data centres is divided into Asia Pacific, Europe, and North America. The tremendous requirement for data centres in North America might drive further expansion. The presence of top Hyperscale Data Center Market Organizations results in new advancements. Increased investment will increase total market in North America.
Another important regional player inside the hyperscale data centre market is Asia Pacific. India, China, and Japan are major market players. This location has a strong market from the IT sector. Europe is yet another hyperscale data centre market that is rapidly expanding. Because of small business usage, the scope is broad.
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Industry News
- The Hyperscale data centre industry is being developed by key market players. New improvements in technology include characteristics such as VM ware & power edge.
- To enhance need in the healthcare sector, the leading players are partnering with the clinical market.
- In the industry, key companies are introducing user unified management. This functionality is expected to improve data centre operations.
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