The hyperscale data center market is anticipated to grow at a CAGR of 21.5% during the forecast period. Hyperscale data centers are advanced data centers that are customized for the requirement of the organization. The factors such as demand for higher energy efficiency, need for decrease in total cost of ownership and growing open compute project are fuelling the growth of the hyper-scale data center industry. Moreover, the rising popularity of cloud-based infrastructure across different organization levels propels the market growth during the forecast period. Due to the development of technology, there has been a considerable transition in the business model for end-user industries.
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Furthermore, rising demand for online services includes live channels, social networking, and gaming websites is generating a high volume of data that needs to be stored and processed, thus create demand for advanced data centers across the globe. With the ongoing changes in the requirement of data storage, increasing demand for cloud computing services is expected. Cloud computing provides different benefits that includes improved application performance, flexibility, efficiency, scalability and require large computational power due to which organization are consolidating their data center to improve business profitability. Rising demand for cloud resources and data centers from the consumers and business has resulted in the implementation of large scale public cloud data centers. These hyper-scale cloud operators are expected to boosting the cloud industry. Such factors are expected to have positive impact on the market during the forecast period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Hyperscale Data Center Market- Segmentation
By Component
- Solution
- Services
By End-User
- Banking & Financial Services
- Healthcare
- IT & Telecommunication
- Entertainment & Media
- Manufacturing
- Government
- Other
Global Hyperscale Data Center Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hyperscale data center market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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