Hyperscale data center are a specialized data center infrastructural offering that are designed to hold multiple storage servers in a single unit, providing different organizations with little or no downtime due to their large-scale high quality component integration. These data centers have multiple power backups to ensure that the facility is not shut down and that no loss of data occurs. This offering can also be customized according to the individual needs and demand of an enterprise/user offering certain performance benefits such as greater efficiency in cooling of data servers, optimal air flow and energy-efficiency.
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The main factor behind the growth of the market is:
The market is segmented on the basis of component as solutions, services; end-user as cloud providers, colocation providers, enterprises; data center size is segmented into small & medium-sized data centers, large data centers; industry into BFSI, IT & Telecom, research & academics, government & defense, retail, manufacturing, healthcare, media & entertainment, others.
Some of the recent market developments are as follows:
“According to Data Bridge Market Research, global hyperscale data center market is growing at a healthy CAGR of 26.43% during the forecast period of 2019 to 2026”
Some of the major players operating in the 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, Broadcom.
The age of IoT is upon us and this essentially means that the interconnectivity of devices has given rise to massive surge of data being generated every second. This data is updated at every command between different interconnected devices and is relatable to the existing information available to these devices. This need for constantly availing this massive information provides an opportunity to hyperscale data center providers to fulfil the storage requirements of different enterprises as they do not have the optimal resources/capital to ensure successful operations of their business models in the long run without availing external storage solutions.
Global Hyperscale Data Center Market – Industry Trends and Forecast to 2028