What’s Driving Innovation in the Hyperscale Data Center Market? | Broadcom Inc., Cavium Inc, Cisco, Dell, Huawei Technologies, IBM, Intel Corporation, Lenovo, Mellanox Technologies, Microsoft, NVIDIA, SanDisk®, Schneider Electric

Pertaining to rapid technological advancements in IT & telecom sectors and the shift towards cloud infrastructure, hyperscale data center market has garnered commendable mainstream appreciation recently. Companies are nowadays relying more on cloud computing services as they offer several advantages such as enhanced application performance, efficiency, scalability & flexibility. However, this shift has led to high demand for computational power owing to which enterprises are increasingly outsourcing their data to third-party data centers in a bid to avoid investing on expensive hardware and thereby enhance business profitability.

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In addition, with more data distribution and greater demand for IT consumerization, organizations are constantly demanding enhanced resources and data center bandwidth, leading to growing pressure on data centers to expand their storage offerings. For instance, the Cisco Global Cloud Index 2015-2020 reports estimate that, by 2020, hyperscale data centers will house around 47% of all the data center servers and 57% of all stored data in these centers. Moreover, increasing demands for online streaming services like Netflix, Amazon Prime and more will proliferate data traffic trends, further supplementing the growth of hyperscale data center market.

The major manufacturers covered in hyperscale data center market report: -
1. Broadcom Inc.
2. Cavium Inc
3. Cisco
4. Dell
5. Huawei Technologies
6. IBM
7. Intel Corporation
8. Lenovo
9. Mellanox Technologies
10. Microsoft
11. Nlyte Software
12. NVIDIA
13. SanDisk®
14. Schneider Electric
15. TELEFONAKTIEBOLAGET L M ERICCSON

Chapter 3. Hyperscale Data Center Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2025
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Impact of IoT
3.4.2. Data center virtualization
3.4.3. Software Defined Networking (SDN)
3.4.4. Network Function Virtualization (NFV)
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Trend of colocation
3.6.1.2. Increase in data traffic and big data analytics
3.6.1.3. Growth of cloud computing solutions in the U.S. and Western Europe
3.6.1.4. Increase in organizational and consumer data in Europe and Asia Pacific
3.6.1.5. High growth of SMEs and industrialization boom in China and India
3.6.1.6. Growing focus of players to establish data centers in Nordic countries
3.6.1.7. Increase in construction of data centers in Latin America
3.6.1.8. Rising urbanization in MEA
3.6.2. Industry pitfalls & challenges
3.6.2.1. Power consumption
3.6.2.2. High investment and installation costs
3.7. Growth potential analysis

Moreover, increasing inclination of businesses toward colocation services will drive the hyperscale data center market growth over the forecast timespan. Enterprises are moving towards cost-effective techniques to reduce the overall capital expenditure of the business, encouraging them to depend on colocation facilities. High maintenance & installation costs of mega facilities will increase the total IT budget of businesses. Colocation facilities offer these enterprises IT space & solutions, reducing the high maintenance costs of hyperscale devices. These colocation providers are highly investing to construct mega facilities for managing their customers IT equipment. For instance, in February 2019, CtrlS invested around USD 300 million to construct a mega IT facility in India.

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The hyperscale data center market is expected to witness high growth due to the rapid adoption of solutions in the IT & telecom sector. The increasing penetration of smartphones and high internet usage are encouraging telecom operators to implement mega facilities for the storage & processing of large telecom data. The companies are investing highly to construct these IT facilities for their business expansion and global coverage. For instance, in December 2018, Liquid Telecom announced its investment of around USD 400 million in Egypt as a part of its major partnership with Telecom Egypt for constructing network infrastructure & IT facilities.

The North America hyperscale data center market is predicted to grow substantially over the coming years due to the increased interest of global companies such as Amazon, Facebook, and Google to establish and expand their business base in the region. Rapid urbanization and technological adoption are the major factors that are attracting these multinational companies to set up their large-scale facilities here. Moreover, the increased business competition in the region makes it necessary for global businesses to serve their customers effectively with better infrastructure technologies, augmenting the hyperscale data center market. Microsoft Corporation established mega facilities in Illinois, Washington, and Texas. Similarly, Facebook has its IT facilities in Oregon, Iowa, and North Carolina.

Additional factors contributing to the growing data traffic includes the adoption of IoT technology, increasing deployment trends from the BFSI industry and rising use of internet-based services, which will further accelerate the expansion of mega data center industry. Although security concerns had hindered the adoption of cloud technologies, which are one of the major market drivers, changes in data center governance and data control has helped in better protecting customer information, thereby boosting the market growth. A report by Global Market Insights, Inc., forecasts the hyperscale data center market to exceed a valuation of $65 billion by the end of 2025.

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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.

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