Hyperscale Data Center Market Research Reports 2024
Hyperscale
Data Center Market was valued at $23.4 billion in 2016 and is projected to
reach $104.8 billion by 2024, having a CAGR of 20.7% during the forecast period
of 2017 to 2024.In 2016, Server Component segment held the largest share of the
global Hyperscale Data Center market.
Hyperscale data centers are a
tailor-made data center for the customized requirement of a particular
organization. Hyperscale data center market is expected grow with high growth
rate owing to its abundant benefits such as easy integration with existing infrastructure,
cost effective benefits, and enhanced security of organizational data.
Tech giants such as Microsoft
Corporation and Amazon Web Services, Inc. are set to establish big Hyperscale
data center around the world. The wide adoption of cloud computing is a key
factor in establishing the need of Hyperscale data center.
Market Dynamics
Application of Hyperscale data center
across various industry domains is a major factor driving the global Hyperscale
data center market. In addition, energy efficient operation and reduced cost of
ownership also drive the market for further growth. However, power outages,
generation of excessive heat, and storage limitation might act as a restraint
for the Hyperscale data center market. Growing social media, cloud computing,
big data, and gaming trends is expected to provide future opportunities for
Hyperscale data center market.
Hyperscale Data Center Market Segmentation
By User Type
Cloud providers
Colocation
Enterprises
By Application
IT and telecom
BFSI
Government utilities
Healthcare
Energy
Manufacturing
Others
By Component
Servers
Networking
Others
By Geography
North America
Europe
APAC
ROW
Key Players
Avago Technologies U.S. Inc.
Cavium, Inc.
Cisoco Systems, Inc.
Ericsson Inc.
HP Inc.
IBM Corporation
Intel Corporation
Mellanox Technologies, Inc.
nlyte Software Inc.
SanDisk LLC
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