Hyperscale Cloud Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of the Hyperscale Cloud Market
The Hyperscale Cloud Market size was valued at USD 518.46 billion in 2023, and the market is now projected to grow from USD 542.21 billion in 2024 to USD 886.80 billion by 2032, exhibiting a CAGR of 6.3% during the forecast period of 2024-2032.
COVID-19 risk and lockdown measures have highlighted the importance of remote work and during this period the market shifted to work-from-home policies due to a sharp rise in cloud computing usage. The government had imposed strict rules in public places such as schools, offices, leisure centres, and entertainment venues, due to fear of virus spreading, which eventually led to increased video conferencing, remote work, online learning, streaming, and gaming, creating a huge dependency in cloud computing. With the rising need for online shopping during the pandemic, retailers have also shifted their focus on e-commerce capabilities using hyperscale resources to manage more online transactions, fuelling up the Hyperscale Cloud Market Growth. WFH has increased the demand for virtual meetings and Zoom a virtual meeting application is witnessing growth in users and relying on cloud providers to meet the demand, in April 2020, NICE partnered with Zoom to provide remote workers, with a quick and personalised experience.
Software as a Service (SaaS) applications are a cost-optimising approach for businesses, where it helps businesses in hyperscale environments to avoid the upfront cost of software installations by being hosted and delivered over the internet, and allowing access from anywhere. Hyperscale offers usage-based subscription fees, which is a cost-efficient model and businesses benefit from these economies of scale, which tends to attract small businesses and large enterprises. In May 2021, Commvault expanded its Metallic SaaS portfolio to meet the growing demand for intelligent data management, which includes HyperScale X for Metallic, providing hybrid cloud data protection options, expanding the market reach and increasing the Hypercale Cloud Market Share.
Software-defined infrastructure is being vastly adopted by Network operators, and this is to increase their 5G investments since these 5G technologies are pushing more intelligence to the edge, along with challenges in memory, storage, bandwidth, computing power, and speed, which is turning out to be opportunities. With higher data transfer rates and lower latency of 5G, real-time applications to run smoother such as online gaming and augmented/virtual reality. Hyperscale vendors are taking advantage of 5G-enabled IoT by giving these technologies specialised platforms to manage the vast data from these devices. In February 2023, Arrcus launched the Arrcus connected Edge (ACE) platform to help service providers update their network at the edge and cloud, reducing the need for 5G infrastructure costs.
Comprehensive Analysis of Hyperscale Cloud Market
The Hyperscale Cloud Market and Information & Communication Technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the technological benefit management industry. These segmentations are methodically segregated By Enterprise Type Analysis, By Application Analysis, and By Industry Analysis. The types of enterprise include Small & Medium Enterprises, & Large Enterprises; the types of applications include IoT Applications, Cloud Computing, Big Data Analytics, & Others (Social Media & CDNs, Autonomous Vehicles); the type of industry include Manufacturing, Energy & Utilities, BFSI, Healthcare, E-Commerce & Retail, IT & Telecom, Automotive, & Others (Gaming, Research, Entertainment).
North America holds the largest global market share due to the increasing focus on processing large volumes of digital data. The presence of major hyperscalers like AWS, Microsoft, and Google further drives regional growth. According to a July 2023 analysis by IT technology firm AAG, Amazon, Microsoft, and Google collectively held 66% of the cloud market at the start of 2023. Additionally, the analysis projected that cloud computing in U.S. healthcare would grow by 40% between 2020 and 2025.
The top players in the market play a crucial role in the Information & Communication Technology industry assuring industrial prospectus growth and setting market standards. These players includeAlibaba Group (China), Google LLC (Alphabet, Inc.) (U.S.), Amazon Web Services, Inc. (U.S.), Hewlett-Packard Enterprise Development LP (U.S.), Fujitsu Limited (Japan), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Salesforce, Inc. (U.S.), VMware, Inc. (U.S.), these market players provide a level-playing competitive landscape.
June 2023: Informatica expanded its presence in Australia and New Zealand by partnering with global hyperscalers like Microsoft, Amazon Web Services (AWS), and Google Cloud. This partnership helped grow Informatica's ecosystem and local market reach.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 37.8% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Enterprise Type, Application, Industry, and Region
By Enterprise Type Small & Medium Enterprises
Large Enterprises
By Application IoT Applications
Cloud Computing
Big Data Analytics
Others (Social Media & CDNs, Autonomous Vehicles)
By Industry Manufacturing
Energy & Utilities
BFSI
Healthcare
E-Commerce & Retail
IT & Telecom
Automotive
Others (Gaming, Research, Entertainment)
By Region North America (By Enterprise Type, By Application, By Industry, and By Country)
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
South America (By Enterprise Type, By Application, By Industry, and By Country)
- Brazil (By Application)
- Argentina (By Application)
- Rest of South America
Europe (By Enterprise Type, By Application, By Industry, and By Country)
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Italy (By Application)
- Spain (By Application)
- Russia (By Application)
- Benelux (By Application)
- Nordics (By Application)
- Rest of Europe
Middle East & Africa (By Enterprise Type, By Application, By Industry, and By Country)
- Turkey (By Application)
- Israel (By Application)
- GCC (By Application)
- North Africa (By Application)
- South Africa (By Application)
- Rest of Middle East & Africa
Asia Pacific (By Enterprise Type, By Application, By Industry, and By Country)
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- ASEAN (By Application)
- Oceania (By Application)
- Rest of Asia Pacific
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Hyperscale Cloud Key Players Market Share/Ranking, 2022
- 5. Global Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 5.1. Key Findings
- 5.2. By Enterprise Type (USD)
- 5.2.1. Small & Medium Enterprises
- 5.2.2. Large Enterprises
- 5.3. By Application (USD)
- 5.3.1. IoT Applications
- 5.3.2. Cloud Computing
- 5.3.3. Big Data Analytics
- 5.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 5.4. By Industry (USD)
- 5.4.1. Manufacturing
- 5.4.2. Energy & Utilities
- 5.4.3. BFSI
- 5.4.4. Healthcare
- 5.4.5. E Commerce & Retail
- 5.4.6. IT & Telecom
- 5.4.7. Automotive
- 5.4.8. Others (Gaming, Research, Entertainment, etc.)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. South America
- 5.5.3. Europe
- 5.5.4. Middle East and Africa
- 5.5.5. Asia Pacific
- 6. North America Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 6.1. Key Findings
- 6.2. By Enterprise Type (USD)
- 6.2.1. Small & Medium Enterprises
- 6.2.2. Large Enterprises
- 6.3. By Application (USD)
- 6.3.1. IoT Applications
- 6.3.2. Cloud Computing
- 6.3.3. Big Data Analytics
- 6.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 6.4. By Industry (USD)
- 6.4.1. Manufacturing
- 6.4.2. Energy & Utilities
- 6.4.3. BFSI
- 6.4.4. Healthcare
- 6.4.5. E Commerce & Retail
- 6.4.6. IT & Telecom
- 6.4.7. Automotive
- 6.4.8. Others (Gaming, Research, Entertainment, etc.)
- 6.5. By Country (USD)
- 6.5.1. United States
- 6.5.1.1. By Application
- 6.5.2. Canada
- 6.5.2.1. By Application
- 6.5.3. Mexico
- 6.5.3.1. By Application
- 7. South America Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 7.1. Key Findings
- 7.2. By Enterprise Type (USD)
- 7.2.1. Small & Medium Enterprises
- 7.2.2. Large Enterprises
- 7.3. By Application (USD)
- 7.3.1. IoT Applications
- 7.3.2. Cloud Computing
- 7.3.3. Big Data Analytics
- 7.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 7.4. By Industry (USD)
- 7.4.1. Manufacturing
- 7.4.2. Energy & Utilities
- 7.4.3. BFSI
- 7.4.4. Healthcare
- 7.4.5. E Commerce & Retail
- 7.4.6. IT & Telecom
- 7.4.7. Automotive
- 7.4.8. Others (Gaming, Research, Entertainment, etc.)
- 7.5. By Country (USD)
- 7.5.1. Brazil
- 7.5.1.1. By Application
- 7.5.2. Argentina
- 7.5.2.1. By Application
- 7.5.3. Rest of South America
- 8. Europe Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 8.1. Key Findings
- 8.2. By Enterprise Type (USD)
- 8.2.1. Small & Medium Enterprises
- 8.2.2. Large Enterprises
- 8.3. By Application (USD)
- 8.3.1. IoT Applications
- 8.3.2. Cloud Computing
- 8.3.3. Big Data Analytics
- 8.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 8.4. By Industry (USD)
- 8.4.1. Manufacturing
- 8.4.2. Energy & Utilities
- 8.4.3. BFSI
- 8.4.4. Healthcare
- 8.4.5. E Commerce & Retail
- 8.4.6. IT & Telecom
- 8.4.7. Automotive
- 8.4.8. Others (Gaming, Research, Entertainment, etc.)
- 8.5. By Country (USD)
- 8.5.1. United Kingdom
- 8.5.1.1. By Application
- 8.5.2. Germany
- 8.5.2.1. By Application
- 8.5.3. France
- 8.5.3.1. By Application
- 8.5.4. Italy
- 8.5.4.1. By Application
- 8.5.5. Spain
- 8.5.5.1. By Application
- 8.5.6. Russia
- 8.5.6.1. By Application
- 8.5.7. Benelux
- 8.5.7.1. By Application
- 8.5.8. Nordics
- 8.5.8.1. By Application
- 8.5.9. Rest of Europe
- 9. Middle East & Africa Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 9.1. Key Findings
- 9.2. By Enterprise Type (USD)
- 9.2.1. Small & Medium Enterprises
- 9.2.2. Large Enterprises
- 9.3. By Application (USD)
- 9.3.1. IoT Applications
- 9.3.2. Cloud Computing
- 9.3.3. Big Data Analytics
- 9.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 9.4. By Industry (USD)
- 9.4.1. Manufacturing
- 9.4.2. Energy & Utilities
- 9.4.3. BFSI
- 9.4.4. Healthcare
- 9.4.5. E Commerce & Retail
- 9.4.6. IT & Telecom
- 9.4.7. Automotive
- 9.4.8. Others (Gaming, Research, Entertainment, etc.)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.1.1. By Application
- 9.5.2. Israel
- 9.5.2.1. By Application
- 9.5.3. GCC
- 9.5.3.1. By Application
- 9.5.4. North Africa
- 9.5.4.1. By Application
- 9.5.5. South Africa
- 9.5.5.1. By Application
- 9.5.6. Rest of MEAa
- 10. Asia Pacific Hyperscale Cloud Market Size Estimates and Forecasts, By Segments, 2019-2030
- 10.1. Key Findings
- 10.2. By Enterprise Type (USD)
- 10.2.1. Small & Medium Enterprises
- 10.2.2. Large Enterprises
- 10.3. By Application (USD)
- 10.3.1. IoT Applications
- 10.3.2. Cloud Computing
- 10.3.3. Big Data Analytics
- 10.3.4. Others (Social Media & CDNs, Autonomous Vehicles, etc.)
- 10.4. By Industry (USD)
- 10.4.1. Manufacturing
- 10.4.2. Energy & Utilities
- 10.4.3. BFSI
- 10.4.4. Healthcare
- 10.4.5. E Commerce & Retail
- 10.4.6. IT & Telecom
- 10.4.7. Automotive
- 10.4.8. Others (Gaming, Research, Entertainment, etc.)
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.1.1. By Application
- 10.5.2. India
- 10.5.2.1. By Application
- 10.5.3. Japan
- 10.5.3.1. By Application
- 10.5.4. South Korea
- 10.5.4.1. By Application
- 10.5.5. ASEAN
- 10.5.5.1. By Application
- 10.5.6. Oceania
- 10.5.6.1. By Application
- 10.5.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Alibaba Group
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Google LLC
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Amazon Web Services, Inc.
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Hewlett-Packard Enterprise Development LP
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Fujitsu Limited
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. IBM Corporation
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Microsoft Corporation
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Oracle Corporation
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Salesforce Inc.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. VMware, Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
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