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Hyperscale Computing Market Is Likely to Experience a Tremendous Growth by 2029

11-20-2023 08:53 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Hyperscale Computing Market Is Likely to Experience

The global hyperscale computing market is anticipated to grow at a CAGR of 21.4% during the forecast period. The need for cloud-based solutions is fueled by the rise in technological use and consumer preference for the cloud. Due to this technology, the user can obtain the data remotely. Additionally, as organizations become more aware of how critical it is to save money and resources by moving their data to the cloud, the demand for cloud-based solutions is expanding. Several companies leveraged the increasing demand for hyperscale computing. For instance, Amazon Web Services (AWS) offers a wide range of services and solutions to enable businesses to scale their operations rapidly. Its flagship service, Amazon Elastic Compute Cloud (EC2), allows users to rent virtual servers in the cloud, providing the flexibility and scalability needed to meet changing computational requirements. These benefits have led to a greater adoption of cloud-based solutions by large enterprises, and small and medium-sized enterprises. 

With the rising demand for cloud computing market players adopted various strategies including mergers and acquisitions, partnerships, funding, collaborations, and new product launches to stay competitive in the market. For instance, in October 2022, Intel collaborated with Google Cloud, a cloud computing services platform by Google. The collaboration includes teaming up to develop a new chip intended to improve data centers' efficiency and safety. In June 2022, Google Cloud came into partnership with Exabeam, a US-based developer of a security intelligence platform. The partnership involves developing hyperscale cloud-native SIEM and Cybersecurity analytics offerings. 

To Request a Sample of our Report on Hyperscale Computing Market:  https://www.omrglobal.com/request-sample/hyperscale-computing-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

Component
Enterprise Size
Application
End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Amazon Web Services, Inc., Dell Technologies, Inc, Hewlett Packard Enterprise Development LP, Intel Corp., Server Technology, Inc, and others.

 

A full Report of Hyperscale Computing Market is Available @  https://www.omrglobal.com/industry-reports/hyperscale-computing-market

Hyperscale Computing Market Report Segment

By Type

Solution
Service

By Enterprise Size

Large Enterprises
Small and Medium Enterprises

By Application

Cloud Computing
Big Data
IoT

By End-User

BFSI
IT and Telecom
Media and Entertainment
Retail and E-commerce
Healthcare

Hyperscale Computing Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Apple Inc.
Arista Networks, Inc.
Celestica Inc.
Century Link
Cisco Systems Inc.
Ericsson
Google Inc.
IBM Corp
Microsoft Corp
Oracle Corp
Pure Storage, Inc.
Quanta Cloud Technology USA LLC
Super Micro Computer, Inc.
Viavi Solutions, Inc.
Yahoo Inc

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/hyperscale-computing-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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