Overview and Scope
Hyperscale data centers are massive business-critical facilities designed to efficiently support scalable and robust applications.
Sizing and Forecast
The hyperscale data centres market size has grown rapidly in recent years. It will grow from $92.85 billion in 2023 to $108.13 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to cloud computing growth, internet services expansion, data explosion, energy efficiency.
The hyperscale data centres market size is expected to see rapid growth in the next few years. It will grow to $204.92 billion in 2028 at a compound annual growth rate (CAGR) of 17.3%. The growth in the forecast period can be attributed to increasing data volumes, edge computing expansion, cloud services, ai and machine learning. Major trends in the forecast period include cloud computing dominance, ai and machine learning, hybrid and multi-cloud strategies, software-defined data centers (sddcs).
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Segmentation & Regional Insights
The hyperscale data centres market covered in this report is segmented –
1) By Type: Cloud Providers, Colocation Providers, Enterprises
2) By Component: Solution, Service
3) By Application: Manufacturing, Government Utilities, BFSI, IT & Telecommunication, Healthcare, Energy
Sub-Segments
By Data Center Size: Small and Medium-sized Data Centers, Large Data Centers
The Asia-Pacific was the largest region in the hyperscale data centers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the hyperscale data centers market report analysis during the forecast period. The regions covered in the hyperscale data centres market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in the number of internet users increases the amount of data that is generated and needs to be managed and stored by hyperscale data centers. For instance, in July 2023, according to the Canadian Internet Use Survey 2022 by Statistics Canada, a Canada-based government agency for national statistics, internet usage among Canadians aged 15 and older increased from 92% in 2020 to 95% in 2022. Canadians 75 years of age and older experienced the biggest increase, going from 62% in 2020 to 72% in 2022. Increased numbers of internet users and faster wireless internet access drive the demand for hyperscale data centers market.
Key Industry Players
Major companies operating in the hyperscale data centres market include NVIDIA Corporation, Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., International Business Machines Corporation, Hewlett-Packard Company, Dell Inc., Orange Business Services, Cavium Inc., Lenovo Group Ltd., Hewlett-Packard Company, Intel Corporation, Western Digital Corporation, NVIDIA Corporation, Oracle Corporation, OVHcloud Company, Tencent Holdings Limited, Alibaba Group Holding Limited, Apple Inc., Microsoft Corporation, Meta Platforms Inc., Equinix Inc., Digital Realty Trust Inc., CyrusOne Inc., NTT Communications Corporation, Interxion Holding N.V., Global Switch Holdings Limited, CoreSite Realty Corporation, QTS Realty Trust Inc., Switch Inc., Iron Mountain Incorporated, Cologix Inc., Cyxtera Technologies Inc., Zayo Group Holdings Inc., CenturyLink Inc., AT&T Inc., Verizon Communications Inc.
The hyperscale data centers market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Hyperscale Data Centres Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Hyperscale Data Centres Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Hyperscale Data Centres Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: NVIDIA Corporation Financial Performance
Table 75: Cisco Systems Inc. Financial Performance
Table 76: Telefonaktiebolaget LM Ericsson Financial Performance
Table 77: Huawei Technologies Co. Ltd. Financial Performance
Table 78: International Business Machines Corporation Financial Performance
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