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Hyperscale Data Center Market [2023-2031] Industry Size, Share, Trends, Opportunities, Growth Analysis

11-28-2023 10:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Hyperscale Data Center Market [2023-2031] Industry Size,

The global hyperscale data center market size was US$ 35.1 billion in 2021. The global hyperscale data center market is forecast to grow to US$ 191.7 billion by 2030 by registering a compound annual growth rate (CAGR) of 21.1% during the forecast period from 2022 to 2030.

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COVID-19 Impact Analysis
The market for hyperscale data centers expanded due to the COVID-19 outbreak. With more people working from home and more companies switching from traditional to cloud-based data storage, COVID-19 has given the cloud more advantages than ever before. This has created a profitable growth opportunity for the market. Apart from that, the demand for digital services and OTT streaming services providers significantly increased. Additionally, hyperscale data center architecture decreased the video stream latency and enhances end-to-end video streaming capabilities. As a result of all of these factors, the market for hyperscale data centers witnessed a significant boom in terms of revenue.

Regional Analysis
Asia-Pacific is forecast to hold the largest share in the hyperscale data center market, owing to the growing demand for cloud service from small, medium, and large-segment enterprises in the region. In addition, North America is holding the largest share in the hyperscale data center market, owing to the rising usage of cloud-based computing in the region. Apart from that, fast-expanding digitalization is forecast to bolster the market growth during the study period.

Factors Influencing the Market
The adoption of hyperscale data centers offers various benefits to the users. It primarily decreases the total cost of ownership because of optimal hardware infrastructure utilization. Apart from that, the low cost and great performance of hyperscale data centers will also contribute to the market growth during the study period.
All firms try to increase their overall energy efficiency, which is a fundamental factor driving the hyperscale data center market. Companies look for data centers that consume the least amount of energy and have the least negative environmental effects. The need for energy-efficient hyperscale data centers is growing as a result of the pressure to reduce electricity costs. High-density blade servers and storage systems in data centers offer more compute power per watt of energy used. Thus, it will fuel the growth of the hyperscale data center market during the study period.

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Competitors in the Market
• Intel Corporation
• Nlyte Software
• Sandisk Corporation
• Avago Technologies
• Cisco Systems, Inc.
• Hewlett-Packard
• Ericsson
• Cavium, Inc.
• International Business Machines Corporation
• Mellanox Technologies, Inc.
• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Hyperscale Data Center industry experienced notable growth in its workforce. Starting in January, employment within the Hyperscale Data Center sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Hyperscale Data Center output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Hyperscale Data Center output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Hyperscale Data Center market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Hyperscale Data Center market.

Market Segmentation
The global hyperscale data center market segmentation focuses on Component, End-User, Data Center, Industry, and Region.
By Component
• Solution
o Server
o Storage
o Networking
o Software
• Service
o Consulting
o Installation and deployment
o Maintenance and support

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By End-User
• Cloud providers
• Colocation providers
• Enterprises
By Data Center Size
• Small and medium-sized data centers
• Large data centers
By Industry
• Banking, Financial Services, and Insurance (BFSI)
• IT and telecom
• Retail
• Research and academics
• Government and defense
• Media and entertainment
• Manufacturing
• Healthcare
• Others
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Hyperscale Data Center Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Hyperscale Data Center Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Hyperscale Data Center Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Hyperscale Data Center Market Size (2023-2031)

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

• Assisting businesses in gauging the viability of new or existing products or services.

• Facilitating business enterprises in the identification and cultivation of novel market segments.

• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.

• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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About Report Ocean:
Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:
Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

For more information and to explore their offerings, visit their website at:https://www.reportocean.com/

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