Press release
Hyperscale Data Center Market size is expected to grow from USD 38.4 billion in 2021 to USD 193.7 billion by 2030
According to the Market Statsville Group (MSG), the global hyperscale data center market size is expected to grow from USD 38.4 billion in 2021 to USD 193.7 billion by 2030, at a CAGR of 19.7% from 2022 to 2030. The hyperscale data center is the architecture made up of small nodes and standalone servers that provide networking, computing, and storage services. These nodes are joined and operated as a single entity. The primary principle in hyperscale architecture is to start with a minimum infrastructure to keep initial costs low. However, new nodes can be added to the cluster to enlarge the initial infrastructure as demand increases. Big firms, such as Google and Amazon, have largely adopted hyper-scale data centers, making them one of the fastest-growing technologies in the IT infrastructure sector. Data centers have recently revolved into an extraordinarily powerful design due to increasing compute and storage requirements for high-end applications. The increasing use of Web 2.0, online game hosting, e-commerce, social media, cloud computing, big data, and Hadoop has driven the demand for hyperscale data center globally.Request for a sample report here: https://www.marketstatsville.com/request-sample/hyperscale-data-center-market
COVID-19 Impact on the Global Hyperscale Data Center Market
The outbreak of COVID-19 has caused an HVAC across various industries. However, the Hyperscale data center market is growing in this period. COVID-19 has advantaged the cloud more than ever as people are working from home along with a shift from traditional to cloud-based data storage was adopted by various organizations which create a lucrative growth opportunity for the market. When the COVID-19 crisis is resolved, some of this demand may decline, but permanent structural changes will continue to drive increasing data center demand. The sudden and unexpected COVID-19 crisis made more and more data that needs to be stored and processed optimally in a purpose-built data center.
Global Hyperscale Data Center Market Dynamics
Growing adoption of Web 2.0, social media, big data, e-commerce, cloud computing, online game hosting, and Hadoop is increasing the infrastructural demand to increase application performance, server density, and energy efficiency. Traditional data centers, which were built on entire infrastructures for each workload, including network switches, dedicated computing, and blade systems, are not able to support these deployments. Increased infrastructural overheads may be the restraining factor for the hyperscale data center market. Several vendors provide hyperscale data center solutions to help enterprises to lower their capital and operational expenditures. Data center traffic is predicted to bring more growth opportunities for the hyperscale data center market. Today, data traffic in many enterprises is huge. Increased network operations lead to massive traffic. Data traffic can lower productivity and network operations. However, hyperscale data centers assist in managing such traffic, thereby creating a lucrative growth opportunity.
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Global Hyperscale Data Center Market Segmentation
The study categorizes the hyperscale data center market based on component, end-user, data center size, and industry at the regional and global levels.
By Component (Sales, USD Billion, 2017-2030)
Solution
Server
Storage
Networking
Software
Service
Consulting
Installation and deployment
Maintenance and support
By End-User (Sales, USD Billion, 2017-2030)
Cloud providers
Colocation providers
Enterprises
By Data Center Size (Sales, USD Billion, 2017-2030)
Small and medium-sized data centers
Large data centers
By Industry (Sales, USD Billion, 2017-2030)
Banking, Financial Services, and Insurance (BFSI)
IT and telecom
Retail
Research and academics
Government and defense
Media and entertainment
Manufacturing
Healthcare
Others
By Region (Sales, USD Billion, 2017-2030)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
Slovenia
Slovakia
the Netherlands
Belgium
Norway
Denmark
Czech Republic
Sweden
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Vietnam
the Philippines
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
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The Server segment is projected to account for the largest market share, by the Component industry
Component-wise, the market is classified into networking, server, and others. The server segment dominates the market owing to the increasing operational complexities and increasing demand from consumers raise the demand for hyperscale data centers that are more efficient and effective than traditional data centers. This also suggests that hyperscale data centers need more networking components and technologically advanced hardware along with innovative server solutions.
Asia Pacific accounts for the largest CAGR during the forecast period
Based on Geography, the Asia Pacific region is expected to witness the largest CAGR growth. This growth in the data center market is likely due to the growing need for cloud service from small, medium, and large-segment enterprises and the growing adoption of hyperscale data center architecture and technologies by industries from various sectors.
Futher, In 2021 North America had the largest market share in the hyperscale data center market. The usage of cloud-based computing is fast expanding in the United States, resulting in an increase in data centers in the country. According to Credit Suisse, the US has the most hyperscale data centers globally, with around 40% of them located in the country.
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Key Market Players in the Global Hyperscale Data Center Market
Intel Corporation
Nlyte Software
Sandisk Corporation
Avago Technologies
Cisco Systems, Inc.
Hewlett-Packard
Ericsson
Cavium, Inc.
International Business Machines Corporation
Mellanox Technologies, Inc.
Eric Martin
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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.
We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.
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