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Hyperscale Data Centres Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Hyperscale Data Centres Market
The Business Research Company's Hyperscale Data Centres Global Market Report 2023 identifies the increase in the number of internet users as the major driver for the hyperscale data centres market's growth in the forecast period. For instance, according to an article published by International Telecommunication Union, a Switzerland-based United Nations agency to organize global telecommunications activities and services, estimates that in 2022, 5.3 billion people, or 66% of the world's population, will be utilizing the Internet. This marks a 24% growth from 2019 with an expected 1.1 billion individuals using the internet throughout that time. Increased numbers of internet users and faster wireless internet access drive the demand for hyperscale data centres market.
The global hyperscale data centres market size will grow from $35.72 billion in 2022 to $41.69 billion in 2023 at a compound annual growth rate (CAGR) of 16.7% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global hyperscale data centres market is expected to grow to $76.73 billion in 2027 at a CAGR of 16.5% .
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Major competitors in the hyperscale data centres market are Digital Reality, NTT and Global Switch.
A key trend in the hyperscale data centres market includes technological advancement.The major players operating in hyperscale data market are investing in finding alternatives to meet their high-power requirements for existing and new facilities across the globe to reduce their carbon footprint. The leading data center providers are purchasing clean, renewable energy sources. For instance, Apple, announced for an investment of over $921 million for the construction of a hyperscale infrastructure facility in Denmark that will entirely operate on renewable energy sources. Similarly, Google announced plans to invest around $700 million for a data center in Denmark that will make use of renewable energy generated through power purchase agreements (PPAs).
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The hyperscale data centres market is segmented -
• By Type: Cloud Providers, Colocation Providers, Enterprises
• By Component: Solution, Service
• By Application: Manufacturing, Government Utilities, BFSI, IT & Telecommunication, Healthcare, Energy
• By Data Center Size: Small and Medium-sized Data Centers, Large Data Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the hyperscale data centres market.
The Business Research Company's "Global Hyperscale Data Centres Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hyperscale Data Centres Market Include:
1. Executive Summary
2. Hyperscale Data Centres Market Characteristics
3. Hyperscale Data Centres Market Trends And Strategies
4. Hyperscale Data Centres Market - Macro Economic Scenario
5. Hyperscale Data Centres Market Size And Growth
……
26. Africa Hyperscale Data Centres Market
27. Hyperscale Data Centres Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hyperscale Data Centres Market
29. Hyperscale Data Centres Market Future Outlook and Potential Analysis
30. Appendix
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