Hyperscale Data Center Market Key Players by 2024 - Dell, Huawei Technologies, Quanta Computer, NVIDIA, Lenovo Group, Intel Corporation, Broadcom, Cisco System

Market Overview: -

Hyperscale Data Center Market set to grow at a rapid pace from 2018 to 2024 owing to the rise in the adoption of cloud computing and online services. Several companies are constructing the hyperscale facilities for the large availability of data storage and enhanced networking & connectivity. With changing data storage requirements, the industry is witnessing a growing demand for cloud computing services.

As cloud computing provides several benefits such as enhanced scalability, efficiency, and flexibility and requires high computational power, several large enterprises are shifting toward hyperscale facilities that can provide these benefits. These mega facilities are increasingly being adopted by several large companies, such as Google, Microsoft, Amazon, and IBM, driving the hyperscale data center market.

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Top Key Players: -

The major players operating in the hyperscale data center market include Dell, Inc., Huawei Technologies Co., Ltd., Quanta Computer, Inc, NVIDIA Co., Lenovo Group Ltd., Intel Corporation, Broadcom Ltd., Cisco System, Inc., Telefonaktiebolaget LM Ericsson, Cavium, Hewlett-Packard Enterprise, IBM Corporation, and Sandisk LLC, among others.

Market share calculation in this report is not done based on companies covered in it. The calculation of hyperscale data center market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

Hyperscale cloud service providers are significant in driving the demand for infrastructure services in Asia Pacific. There is a demand for leased infrastructure services in Singapore from the gaming, e-commerce, and software application segment verticals. The hyperscale data center market is expected to grow at a steady pace in Singapore owing to the growing demand for high-performance electrical designs and continuous connectivity.

Hyperscale cloud and colocation providers are significantly gaining importance in the region. Companies, such as Alibaba, Baidu, and Microsoft, are constructing the hyperscale facilities in Asia Pacific, due to the growing demand for these services in several IT facilities. These factors are anticipated to drive the overall hyperscale data center market growth over the coming years.

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The global annual IP traffic is anticipated to cross the two-zettabyte threshold with video content accounting for more than 75% of the global consumer internet traffic. Several web service providers are constructing and using the hyperscale facilities to process, transcode, and ingest videos, which will have a substantial impact on the hyperscale data center market growth over the coming years.

The IT & telecom sector accounted for the majority of the industry share owing to the rise in the demand for the video and mobile services. With the increase and advent of several IT services, the amount of data to be stored and managed is increasing rapidly. Several IT & telecom operators are investing heavily in these facilities to expand their market share in the untapped regions, thereby providing an impetus to the hyperscale data center market.

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