The global hyperscale data centre market is expected to grow at a significant CAGR during the forecast period. Hyperscale data centres handle and maintain a large number of physical and virtual servers at the same time. These data centres can be customised to meet specific needs and easily incorporated into an organization’s current infrastructure, ensuring that data is secure and protected.
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The growing need for lower Capex and Opex is fuelling the global hyperscale data centre market’s expansion. The market’s growth is also being helped by the significant increase in data centre technology investment. Furthermore, the hyperscale data centre market is benefiting from the rapid expansion of organisational and consumer data, as well as the rapid growth of cloud computing solutions, growing data traffic, and big data analytics. The rising trend of colocation is one of the major factors influencing the global hyperscale data centre market’s growth globally.
In January 2020, Microsoft Corporation collaborated with AT&T to enable next-generation edge solutions. The collaboration aims to enable new 5G, cloud, and edge computing solutions to drive enterprise capabilities for businesses all over the globe. Furthermore, In January 2021, IBM, OVHcloud, and Atempo Group, a data management business, are working on a storage-as-a-service solution for data centres across Europe, with plans to expand the service globally in the coming months. The service will be built on IBM’s 3592 enterprise tape technology and will use Atempo’s Miria platform, with OVHcloud hosting and operating it from French data centres.
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Market Coverage
- Segment Covered-
o By End-users
o By Component Type
o By Application
- Competitive Landscape- Schneider Electric SE, Huawei Technologies Co., Ltd., Intel Corporation, SanDisk LLC, and NVIDIA Corporation, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global HyperScale Data Centre Market by Segments:
- By End-User
- IT & Telecom
- BFSI
- Government utilities
- Healthcare
- Energy
- Manufacturing
- Others (education and retail)
- By Component
- Server
- Networking
- Others
- By Application
- Cloud Providers
- Colocation Providers
- Enterprises
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