Title: Hyperscale Data Center Market worth $65bn by 2025
1Hyperscale Data Center Market worth 65bn by 2025
2Key Insights fromHyperscale Data Center Market
- Hyperscale Data Center Market is set to exceed
USD 65 billion by 2025 according to a new
research report by Global Market Insights, Inc.
Rise in the demand for big data and cloud
computing solutions in distributed computing
environments is expected to drive the hyperscale
data center market. Rapid increase in data
traffic is the major challenge for organizations
to store, manage and retrieve the massively
growing data. - The companies are adopting cloud computing
solutions for its increased benefits such as
flexibility, reduced IT expenses, scalability,
collaboration efficiency and access to automatic
updating and storage of large volume of data. - The demand for rack-based Power Distribution
Units (PDUs) is growing rapidly in the hyperscale
data center market due to their high availability
and high-power ratings features. These PDUs can
be incorporated with all types of rackmount
equipment without interrupting the power supply.
3Continued
- Increase in adoption of cloud-based services and
rapid growth in smartphone and social media users
in Asia Pacific is expected to drive the market
size. The number of smartphone users is expected
to cross 6 billion by 2025 with countries such as
India, China, South Korea, Taiwan, and Indonesia
being the major contributors. - In the hyperscale data center market, IT
telecom sector accounted for over 45 of the
industry share and is witnessing high adoption of
the large-scale infrastructure facilities owing
to the increase in data generation and storage
requirement. Telecom operators are offering
flexible internet or data plans, which is driving
the data traffic.
4 Latest Research Report On Hyperscale Data Center
Market _at_ https//www.gminsights.com/industry-analy
sis/hyperscale-data-center-market Request for a
sample of this research report _at_ https//www.gmins
ights.com/request-sample/detail/2594
5hyperscale data center market, by solution, 2018
2025 (USD Million)
6Major Companies Hyperscale Data Center Market
- Cisco Systems
- Dell
- Huawei Technologies Co
- Intel Corporation
- Lenovo Group Ltd
- Microsoft Corporation
- NVIDIA Corporation
- Sandisk LLC
7Industry Coverage
8Regional Insights in Hyperscale Data Center
Market
- The Western European and Nordic markets are
experiencing high demand for hyperscale data
centers owing to the easy availability of
renewable energy sources, land for development,
tax incentives, strengthening fiber connectivity
and reduction in electricity cost. These factors
are helping cloud service providers to focus on
constructing more hyperscale data center in
Western Europe. - For instance, In June 2018, Google announced its
plan to launch its hyperscale data center in the
Netherlands due to the availability of
sustainable energy sources which will help to
lower the energy costs for data centers. In
October 2018, Alibaba expanded its cloud
computing business in the UK and Germany. Such
initiatives will contribute to the hyperscale
data center market growth in Western Europe
Nordic region.
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