Press release
Global Hyperscale Data Center Market Set to Reach USD 449.24 Billion by 2030
The global hyperscale data center market is on a remarkable growth trajectory, projected to expand from USD 87.63 billion in 2023 to USD 449.24 billion by 2030. This represents a compound annual growth rate (CAGR) of 26.30% during the forecast period.
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Market Dynamics and Competitive Landscape
The surge in demand for hyperscale data centers is driven by the increasing adoption of Web 2.0, social media, Internet commerce, cloud computing, big data, and online gaming. These factors necessitate innovative data center architectures that enhance application performance, energy efficiency, and server density, ultimately reducing the total cost of ownership (TCO). Leading industry players contributing to this evolution include NVIDIA Corporation, Cisco Systems, Inc., Ericsson, Huawei Technologies Co. Ltd., IBM, HP, Dell, Inc., Orange Business Services, Cavium, and Lenovo Group Ltd.
Regional Demand Insights
North America currently holds the largest market share, attributed to its robust digital infrastructure and the presence of major tech giants. The region's rapid adoption of emerging technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT) further fuels this growth. Meanwhile, the Asia Pacific region is anticipated to exhibit the highest growth, driven by rapid digital transformation and increasing internet penetration.
Country-Specific Developments in the Hyperscale Data Center Sector
Hyperscale Data Center Opportunities in Vietnam
Vietnam's burgeoning digital economy and increasing internet penetration present significant opportunities for hyperscale data center investments. The government's focus on digital transformation is expected to further drive demand in this sector.
Hyperscale Data Center Growth in Thailand
Thailand is witnessing growth in its data center market, propelled by the expansion of cloud services and the government's Thailand 4.0 initiative, which emphasizes digital infrastructure development.
Hyperscale Data Center Trends in Japan
Singapore's Keppel has agreed to acquire an AI-ready data center in Tokyo from Japan's largest property group, Mitsui Fudosan. This acquisition aligns with Keppel's strategy to capitalize on the AI boom and expand its data center footprint
Hyperscale Data Center Consolidation in South Korea
South Korea's data center market is experiencing consolidation, with significant investments aimed at enhancing the country's digital infrastructure to support its advanced technology sector.
Hyperscale Data Center Updation in Singapore
A consortium led by KKR and Singapore Telecommunications is set to invest up to S$2.99 billion (approximately $2.21 billion) in ST Telemedia Global Data Centres. This investment aims to strengthen STT GDC's market presence and support its global expansion strategies.
Hyperscale Data Center Expansion in the United States
The U.S. continues to see significant expansion in hyperscale data centers, driven by the presence of major cloud service providers and increasing demand for data-intensive applications.
Hyperscale Data Center Developments in China
China's hyperscale data center market is expanding rapidly, fueled by the country's digital transformation initiatives and the growing adoption of cloud services and big data analytics.
Hyperscale Data Center Trends in Europe
Investors are increasingly interested in the development of data centers in Europe, viewing the sector as offering substantial returns. Factors such as nearshoring, global demand for AI, and rising customer demand are driving this growth.
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Hyperscale Data Center Market Classifications
by Component
By Solution
Server
Storage
Networking
Software
By Service
Consulting
Installation and deployment
Maintenance and support
by Industry
Banking, Financial Services, and Insurance (BFSI)
Research and Academics
Retail
Manufacturing
Media & Entertainment
IT & Telecom
Government & Defence
Healthcare
Others
by Data Center
Size Small and Medium Size Data Centers
Large Data centers
by End-User
Colocation Providers
Cloud Providers
Enterprises
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The following companies are included in the market for Hyperscale Data Center :
North America:
1. Dell Inc (Texas)
2. Hewlett Packard Enterprise Development LP (Houston)
3. Amazon Web Services (AWS) - United States
4. Microsoft Azure - United States
5. Google Cloud Platform (GCP) - United States
6. IBM Cloud - United States
7. Oracle Cloud - United States
8. Nvidia - (Santa Clara, CA)
Europe:
1. OVHcloud - France
2. Interxion (a Digital Realty company) - Netherlands
3. Equinix - United Kingdom
4. Telehouse (a KDDI company) - United Kingdom
5. Deutsche Telekom - Germany
Asia Pacific:
1. Alibaba Cloud - China
2. Tencent Cloud - China
3. Huawei Cloud - China
4. NTT Communications - Japan
5. Singtel - Singapore
6. Fujitsu - Japan
Middle East & Africa:
1. Etisalat - United Arab Emirates
2. Gulf Data Hub - Saudi Arabia
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-hyperscale-data-center-market/9061/
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