Title: Hyperscale Data Center Market Global Outlook On Key Growth Factors And Industry Analysis
1Global Hyperscale Data Center Market Size to
exceed 65bn by 2024
2Key Insights from Hyperscale Data Center Market
- 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. Rapid increase in business data is
encouraging the large enterprises to invest
heavily in IT expansion. For instance, in August
2018, Google announced its plan to expand its
data center in Singapore to scale up capacity and
meet increasing demand for services. In addition,
the company will invest USD 600 million to expand
its South Carolina facility. The growing
popularity of cloud-based infrastructure and
investments to expand the product portfolio are
contributing in hyperscale data center market
growth. - 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.
It helps organization to reduce power
consumption, thereby enhancing the efficiency of
an IT facility.
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
hyperscale data center market growth. 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. Businesses in the region
are adopting data-intensive applications such as
IoT, data analytics, AI services which needs high
amount of data and large capital investments.
Several companies are constructing hyperscale
facilities to reduce their capital and
operational expenses. For instance, in February
2019, CtrlS announced its plan to build
hyperscale facility in India to handle the
complexity of exploring data and the increasing
demand on IT service. 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. The
rapid increase in data generation is encouraging
the businesses to implement highly scalable and
efficient IT environment with high computing
power, thereby accelerating the hyperscale data
center market growth.
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5UK hyperscale data center market, by solution,
2018 2025 (USD Million)
6Major Companies in Hyperscale Data Center Market
- Broadcom Ltd.
- Cavium Inc.
- Cisco Systems Inc.
- Dell Inc.
- Huawei Technologies Co. Ltd.
- IBM Corporation
- Intel Corporation
- Lenovo Group Ltd.
- Microsoft Corporation
- NVIDIA Corporation
- Sandisk LLC
- Schneider Electric SE
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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