The global hyperscale computing market is anticipated to grow at a CAGR of 21.4% during the forecast period. The need for cloud-based solutions is fueled by the rise in technological use and consumer preference for the cloud. Due to this technology, the user can obtain the data remotely. Additionally, as organizations become more aware of how critical it is to save money and resources by moving their data to the cloud, the demand for cloud-based solutions is expanding. Several companies leveraged the increasing demand for hyperscale computing. For instance, Amazon Web Services (AWS) offers a wide range of services and solutions to enable businesses to scale their operations rapidly. Its flagship service, Amazon Elastic Compute Cloud (EC2), allows users to rent virtual servers in the cloud, providing the flexibility and scalability needed to meet changing computational requirements. These benefits have led to a greater adoption of cloud-based solutions by large enterprises, and small and medium-sized enterprises.
With the rising demand for cloud computing market players adopted various strategies including mergers and acquisitions, partnerships, funding, collaborations, and new product launches to stay competitive in the market. For instance, in October 2022, Intel collaborated with Google Cloud, a cloud computing services platform by Google. The collaboration includes teaming up to develop a new chip intended to improve data centers’ efficiency and safety. In June 2022, Google Cloud came into partnership with Exabeam, a US-based developer of a security intelligence platform. The partnership involves developing hyperscale cloud-native SIEM and Cybersecurity analytics offerings.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- Component
- Enterprise Size
- Application
- End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Amazon Web Services, Inc., Dell Technologies, Inc, Hewlett Packard Enterprise Development LP, Intel Corp., Server Technology, Inc, and others.
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Hyperscale Computing Market Report Segment
By Type
- Solution
- Service
By Enterprise Size
- Large Enterprises
- Small and Medium Enterprises
By Application
- Cloud Computing
- Big Data
- IoT
By End-User
- BFSI
- IT and Telecom
- Media and Entertainment
- Retail and E-commerce
- Healthcare
Hyperscale Computing Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Apple Inc.
- Arista Networks, Inc.
- Celestica Inc.
- Century Link
- Cisco Systems Inc.
- Ericsson
- Google Inc.
- IBM Corp
- Microsoft Corp
- Oracle Corp
- Pure Storage, Inc.
- Quanta Cloud Technology USA LLC
- Super Micro Computer, Inc.
- Viavi Solutions, Inc.
- Yahoo Inc
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