According to Data Bridge Market Research new Market report, global hyperscale data center market will account to an estimated USD 31.98 billion in 2018 growing at a CAGR of 26.43% during the forecast period of 2019 to 2026.
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Hyperscale data center is the service provided by various information and technology providing organizations where a number of large physical and virtual servers are managed and data is processed at a particular period of time. This service is provided with the option of integrating it into the existing servers and infrastructure available to the organization and also enhances the data security of these servers.
Global hyperscale data center market is segmented on the basis of component solutions, services, end-user, data center size, industry and geography.
By Component Solutions (Server, Storage, Networking, Software), Services (Consulting, Installation & Deployment, Maintenance & Support), End-User (Cloud Providers, Colocation Providers, Enterprises), Data Center Size (Small & Medium-Sized Data Centers, Large Data Centers), Industry (BFSI, IT & Telecom, Research & Academics, Government & Defense, Retail, Manufacturing, Healthcare, Media & Entertainment, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
FACTORS DRIVING GROWTH IN HYPERSCALE DATA CENTER MARKET
Innovative products launch and advancements in product offerings adopted by various competitors
Few of the major competitors currently working in the hyperscale data center market are Intel Corporation, Cisco Systems Inc., Hewlett-Packard, Ericsson, Cavium Inc., IBM, Mellanox Technologies, Inc., Amazon Web Services, Inc, Equinix, Inc., Apple Inc., China Unicom (Hong Kong) Limited., NTT Communications Corporation, QTS Realty Trust, Inc., Inspur, Western Digital Corporation, Nlyte and Broadcom.
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