Hyperscale Data Center Market projected to reach USD 104.8 billion by 2024
Global Hyperscale Data Center Market Trends, Estimation and Forecast | 2024
(EMAILWIRE.COM, February 06, 2018 ) Hyperscale Data Center Market was valued at $23.4 billion in 2016 and is projected to reach $104.8 billion by 2024, having a CAGR of 20.7% during the forecast period of 2017 to 2024. In 2016, Server Component segment held the largest share of the global Hyperscale Data Center market.
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Hyperscale data centers are a tailor-made data center for the customized requirement of a particular organization. Hyperscale data center market is expected grow with high growth rate owing to its abundant benefits such as easy integration with existing infrastructure, cost effective benefits, and enhanced security of organizational data. Tech giants such as Microsoft Corporation and Amazon Web Services, Inc. are set to establish big Hyperscale data center around the world. The wide adoption of cloud computing is a key factor in establishing the need of Hyperscale data center.
Market Dynamics
Application of Hyperscale data center across various industry domains is a major factor driving the global Hyperscale data center market. In addition, energy efficient operation and reduced cost of ownership also drive the market for further growth. However, power outages, generation of excessive heat, and storage limitation might act as a restraint for the Hyperscale data center market. Growing social media, cloud computing, big data, and gaming trends is expected to provide future opportunities for Hyperscale data center market.
Market Segmentation
The global Hyperscale data center market is segmented by user type, by application, by component, and by region. By user type, the Global Hyperscale market is segmented as Cloud providers, Colocation, and Enterprises. The applications segment is further divided into IT & telecom, BFSI, Government utilities, Healthcare, Energy, Manufacturing, and Others. The component is categorized as Servers, Networking, and Others. Geographically, the market is segmented as North America, Europe, Asia-Pacific and Rest of World. The North American market holds the largest revenue share of global Hyperscale data market and expected to grow steady CAGR of 17.2%.
Some major players in the Global Hyperscale data center market are Avago Technologies U.S. Inc., Cavium, Inc., Cisco Systems, Inc., Ericsson Inc., HP Inc., IBM Corporation, Intel Corporation, Mellanox Technologies, Inc., nlyte Software Inc., and SanDisk LLC.
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Hyperscale Data Center Market Segmentation
By User Type
Cloud providers
Colocation
Enterprises
By Application
IT and telecom
BFSI
Government utilities
Healthcare
Energy
Manufacturing
Others
By Component
Servers
Networking
Others
By Geography
North America
Europe
APAC
ROW
Got some questions, Inquire @ https://www.researchcosmos.com/inquire/386193122
Key Players
Avago Technologies U.S. Inc.
Cavium, Inc.
Cisoco Systems, Inc.
Ericsson Inc.
HP Inc.
IBM Corporation
Intel Corporation
Mellanox Technologies, Inc.
nlyte Software Inc.
SanDisk LLC
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Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. Were associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Contact Us:
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Research Cosmos
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dani@researchcosmos.com
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Browse details of 125 pages of research report on Global Hyperscale Data Center Market @ https://www.researchcosmos.com/reports/global-hyperscale-data-center-market-trends-estimation-and-forecast-2024/386193122
Hyperscale data centers are a tailor-made data center for the customized requirement of a particular organization. Hyperscale data center market is expected grow with high growth rate owing to its abundant benefits such as easy integration with existing infrastructure, cost effective benefits, and enhanced security of organizational data. Tech giants such as Microsoft Corporation and Amazon Web Services, Inc. are set to establish big Hyperscale data center around the world. The wide adoption of cloud computing is a key factor in establishing the need of Hyperscale data center.
Market Dynamics
Application of Hyperscale data center across various industry domains is a major factor driving the global Hyperscale data center market. In addition, energy efficient operation and reduced cost of ownership also drive the market for further growth. However, power outages, generation of excessive heat, and storage limitation might act as a restraint for the Hyperscale data center market. Growing social media, cloud computing, big data, and gaming trends is expected to provide future opportunities for Hyperscale data center market.
Market Segmentation
The global Hyperscale data center market is segmented by user type, by application, by component, and by region. By user type, the Global Hyperscale market is segmented as Cloud providers, Colocation, and Enterprises. The applications segment is further divided into IT & telecom, BFSI, Government utilities, Healthcare, Energy, Manufacturing, and Others. The component is categorized as Servers, Networking, and Others. Geographically, the market is segmented as North America, Europe, Asia-Pacific and Rest of World. The North American market holds the largest revenue share of global Hyperscale data market and expected to grow steady CAGR of 17.2%.
Some major players in the Global Hyperscale data center market are Avago Technologies U.S. Inc., Cavium, Inc., Cisco Systems, Inc., Ericsson Inc., HP Inc., IBM Corporation, Intel Corporation, Mellanox Technologies, Inc., nlyte Software Inc., and SanDisk LLC.
Avail Sample Market Brochure of the report for more information to evaluate report usefulness, Get a Copy @ https://www.researchcosmos.com/request/386193122
Hyperscale Data Center Market Segmentation
By User Type
Cloud providers
Colocation
Enterprises
By Application
IT and telecom
BFSI
Government utilities
Healthcare
Energy
Manufacturing
Others
By Component
Servers
Networking
Others
By Geography
North America
Europe
APAC
ROW
Got some questions, Inquire @ https://www.researchcosmos.com/inquire/386193122
Key Players
Avago Technologies U.S. Inc.
Cavium, Inc.
Cisoco Systems, Inc.
Ericsson Inc.
HP Inc.
IBM Corporation
Intel Corporation
Mellanox Technologies, Inc.
nlyte Software Inc.
SanDisk LLC
Buy this report @ https://www.researchcosmos.com/buynow/386193122
About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. Were associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Contact Us:
Dani Rodriguez
Sales Manager
Research Cosmos
www.researchcosmos.com
dani@researchcosmos.com
# +1 888 709 8757
Contact Information:
Research Cosmos
Dani
Tel: +1 888 709 8757
Email us
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Research Cosmos
Dani
Tel: +1 888 709 8757
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results