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Hyperscale Data Center Market share forecast to witness considerable growth from 2021 to 2029

09-02-2021 10:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: StraitsResearch

Hyperscale Data Center Market

The emergence of technology is revamping the business sector. Businesses need to hinge on data analysis to obtain real-time insights. Breakthrough technologies such as the Internet of Things (IoT), artificial intelligence, and others are penetrating every aspect of business and subsequently adding the data traffic. Complementarily, usage of the internet and the preponderance of smartphones are underpinning the burgeoning data traffic. Considering the complexities of this voluminous data, data management is a pressing need. As per the analysis conducted by Cisco in November 2018, IP traffic will increase by 4.8 zettabytes per year by 2022, threefold of 2017 rate.

The Major Players Covered in this Report:
Cavium, Inc., Cisco Systems, Inc, Dell, HPE, Huawei, Lenovo Group Limited, NVIDIA Corporation, Telefonaktiebolaget LM Ericsson, IBM Corporation, Microsoft Corporation 

The global hyperscale data center market was valued at USD 26.64 billion in 2018 and is estimated to grow at a CAGR of 28.6% during the forecast period, 2020–2029.

Get a Sample PDF Report:
https://straitsresearch.com/report/Hyperscale-Data-Center-market/request-sample

By Solution, Cooling , Power , Networking Equipment , DCIM , LV/MV Distribution

By Service, Installation and Deployment , Maintenance and Support , Consulting

By End-Use, Cloud Providers, Colocation Providers, Enterprises

By Industries BFSI , IT and Telecom , Government and Defense , Entertainment and Media , Others

Conventional Data Centers Fall Flat While Managing the Mountain of Data Traffic

The demand for high-performance computing in on the rise across all commercial sectors. Hyperscale data centers are playing a pivotal role in performing expeditious research and development activities and thus gaining valuable insights. In April 2017, the City of Hope medical research and treatment center adopted HPC systems as a cost-effective method to accelerate GPU in the drug discovery process. As per the study conducted by the International Energy Agency in 2019, there are around 470 hyperscale data centers around the world. Traditional computation models fail in the processing of such colossal data, thereby raising the need for hyperscale computation models and solutions. Smart devices and solutions are expected to produce one-tenth of the total data on earth, reaching up to 44 Zettabytes by 2020.

Regional Analysis For Hyperscale Data Center Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Hyperscale Data Center are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2029

The study objectives of this report are:

To study and forecast the market size of the Hyperscale Data Center in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

For More Details On this Report:
https://straitsresearch.com/report/Hyperscale-Data-Center-market

Contact Us:

Company Name: Straits Research
Email: sales@straitsresearch.com
Phone:
+1 646 480 7505 (U.S.)
+91 8087085354 (India)
+44 208 068 9665 (U.K.)

About Us:

Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs. Moreover, we're continually developing, not only with regards to where we measure, or who we measure but in how our visions can enable you to drive cost-effective growth.

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