Hyperscale Data Center Market Forecasts to 2028 – Global Analysis By User Type (Enterprises, Cloud Providers), Component (Service, Hardware, Solution), End User, and By Geography

Hyperscale Data Center Market Forecasts to 2028 – Global Analysis By User Type (Enterprises, Cloud Providers), Component (Service, Hardware, Solution), End User, and By Geography

According to Stratistics MRC, the Global Hyperscale Data Center Market is accounted for $63.85 billion in 2021 and is expected to reach $292.72 billion by 2028 growing at a CAGR of 24.3% during the forecast period. Hyperscale data center solution is designed to offer a single massively scalable compute architecture that is developed from individual servers called nodes that offer storage, software components, and networking.

Market Dynamics:

Driver:

Increase in energy efficiency

Hyperscale infrastructure is built to provide better performance. Energy efficiency is the main component that drives the hyper-scale data center market, as all businesses strive to develop their total energy efficiency. The hyper-scale data centers can assist with fulfilling the need for high application performance. Organizations seek data centers that utilize the smallest amount of energy while having less impact on the environment. In data centers, high-density blade servers, and storage systems provide higher computation capability per Watt of energy consumption.

Restraint:

Increased infrastructural overheads

Increasing infrastructural overheads are restraining the growth of the hyper scale data center market. The overhead means the ongoing expense of an organization. If the overheads are rising, then it will be difficult for an organization to get other services for a company.

Opportunity:

Reduce operational costs

Implementation of hyper-scale data centers reduces the total cost of ownership owing to optimal hardware infrastructure utilization, effective allocation of system workloads, and process transformation. Hyperscale data center architectures are by now being utilized across colocation data centers because of their low cost and great performance. Hyperscale data center architecture assists enterprises in lowering their colocation data center OPEX and CAPEX.

The banking, financial services, and insurance (BFSI) segment is expected to be the largest during the forecast period

The banking, financial services, and insurance (BFSI) segment are estimated to have a lucrative growth as the banking, financial services, and insurance industry is investing a lot in data center facilities to maintain pace with the competitors and is concentrating on cloud solutions owing to the cost-effectiveness and agility provided by these solutions.

The colocation providers segment is expected to have the highest CAGR during the forecast period

The colocation providers segment is anticipated to witness the fastest CAGR growth during the forecast period due to the high demand for efficient data traffic management solutions. Hyperscale data centers provide the interconnection, security, and reliability that are essential for colocation service providers, scaling efficiently with the changing or increasing business needs.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to the increasing number of cloud data centers and the rise in the number of institutions adopting cloud computing technologies in the region. Large enterprises are establishing data centers in the region in because of the increasing penetration of digitalization.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the presence of various developing countries and the growing number of data centers. Adoption of cloud-based computing is rapidly increasing, owing to which, data centers are increasing in the country.

Key players in the market

Some of the key players profiled in the Hyperscale Data Center Market include Quanta Computer Inc., NVIDIA Corporation, Lenovo Group Ltd., Intel Corporation, Huawei Technologies Co. Ltd., Cisco Systems, Ericsson, Dell Inc, Hewlett Packard Enterprise Development LP, Cavium, Broadcom Ltd., IBM Corporation and Microsoft Corporation.

Key Developments:

In Jan 2020, Microsoft Corporation partnered with AT&T for enabling next-generation solutions on the edge. The partnership is aimed at enabling new 5G, cloud, and edge computing solutions to drive enterprise capabilities for companies around the world.

User Types Covered:
• Enterprises
• Colocation Providers
• Cloud Providers

Data Center Sizes Covered:
• Large Data Centers
• Small and Medium-Sized Data Centers

Components Covered:
• Service
• Hardware
• Solution

End Users Covered:
• Retail
• Government and Defense
• Media and Entertainment
• Research and Academics
• IT and Telecom
• Healthcare
• Manufacturing
• Banking, Financial Services, and Insurance (BFSI)
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances