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Hyperscale Data Center Market Information and Industry Trends by 2024 – Top Key Players are Dell, Huawei Technologies, Quanta Computer Inc. 廣達電腦, NVIDIA, Lenovo, Intel Corporation, Broadcom Inc., Cisco, Cavium Inc, Hewlett Packard Enterprise, IB

11-19-2018 11:28 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Hyperscale Data Center Market

Hyperscale Data Center Market

The demand is increasing from government agencies and large enterprises owing to the growing adoption of advanced technologies such as big data analytics and hosting for business operational needs, thereby driving the hyperscale data center market. Growing adoption of online & mobile computing services and the use of social media by businesses demand a large number of storage devices for the content owing to which, several enterprises are delegating their computing needs to the cloud-based infrastructure. This has resulted in the growing usage of colocation services and high adoption of mega and hyperscale facilities thereby driving the hyperscale data center market demand.

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Key industry players involved in the Hyperscale Data Center business and promoting the growth of the global Hyperscale Data Center Market are as follows:

• Dell
• Huawei Technologies
• Quanta Computer Inc. 廣達電腦
• NVIDIA
• Lenovo
• Intel Corporation
• Broadcom Inc.
• Cisco
• TELEFONAKTIEBOLAGET L M ERICCSON
• Cavium Inc
• Hewlett Packard Enterprise
• IBM
• SanDisk®

Increasing energy efficiency, server density, and application performance are helping companies to reduce the Total Cost of Ownership (TCO). In the hyperscale data center market, traditional networking servers are extensive management tools and include storage networks computing management, blade systems, and network switches, among others. The complexity and cost of this equipment are anticipated to be major barriers for businesses and enterprises to meet the TCO, product performance, and efficiency requirements. However, easy-to-use management and open-source software tools are being incorporated into the networking equipment, aiding in removing the hardware component usage and reducing the consumer costs. Factors such as reduced operating expenditures and high operating efficiency are anticipated to drive the hyperscale data center market demand over the forecast timespan.

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The hardware segment accounted for the majority of the hyperscale data center market share in 2017 and is anticipated to witness a high demand over the forecast timespan. An exponential rise in the number of businesses has led to rising pressure for enhanced data storage hardware solutions. Hardware forms a crucial part of the infrastructure that determines the quality of solutions offered by companies. Key players are focusing on incorporating the latest advanced technologies, such as AI, into their facilities. The hyperscale data center market is highly susceptible to constant changes in technologies owing to which companies are required to spend large financial resources in R&D activities. Several companies are relying on the hardware components for the storage of the data, which is allowing them to secure and manage the data effectively and also provide efficiency to their customers.

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.

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 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. The market is highly competitive, where the major players are competing in terms of increase in digital data, customer base, and the need for high computation power. Intense competition prevails in the hyperscale data center market, where several enterprises are trying to have the most effective and efficient facilities for their businesses to sustain in an intensely competitive environment. Several growing enterprises prefer the construction of new facilities instead of being dependent on managed infrastructure solutions to gain a competitive edge in the hyperscale data center market.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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