In a recent published report, Kenneth Research has updated the market report for Hyperscale Data Center Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Hyperscale Data Center Market products.
Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10154355
The Hyperscale Data Center Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.
Market Synopsis
Hyperscale data centers have distinctly unique design and management requirements to support the huge scale of new workloads and storage demands. IT organizations are expanding their infrastructure to support the ever-increasing data. Technically, hyperscale data centers are big, run by large internet giants, cloud or collocation providers, and large enterprises. Hyperscale datacenters benefit organizations by reducing downtime losses, providing scalability, easy transition to cloud and many others. They help in reducing the cost of data interruptions. Hyperscaling benefits companies to minimize downtime due to excessive demand or other technical hitches. Hyperscaling also helps IT systems to get back ontrack rapidly.
Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10154355
The increasing need for reducing operational and capital expenditures and rising demand for hyperscale data centers are primarily driving the global hyperscale data center market. The proliferation of IoT which leads to huge amount of data generation and surge in data center traffic are fuelling the market growth. However, the excess heat generated by hyperscale data centers and provision of cooling methods are hindering the market growth.
Segmentation
The Global Hyperscale Data Center Market is segmented into user type, components, data center size, deployment, industry, and region. On the basis of user type, the segment is further classified into cloud providers, colocation providers, and enterprises. On the basis of the component, the segment is further classified into solution and services. On the basis of solutions, the segment is further classified into servers, storage, networking, and many others. On the basis of services, the segment is further classified into professional and managed services.
The professional services can be further classified into installation and deployment, consulting, and maintenance & support. On the basis of data center size, the segment is further classified into small and medium-sized data centers and large data centers. On the basis of deployment, the segment is further classified into on-premise and on-cloud. The Hyperscale data centers are being deployed in major industry verticals like BFSI, retail, IT and telecommunications, healthcare, manufacturing and many others.Global Hyperscale datacenters market is estimated to reach USD 105 billion at CAGR 28% through the forecast period 2023.
Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10154355
Regional Analysis
The global hyperscale data centers market is studied for North America, Europe, Asia Pacific and rest of the world. North America holds the major market share for global hyper-scale data centers market and is expected to continue through the forecast period. The presence of major players in the region, adoption of cloud-based services are primarily driving the market in this region. Asia Pacific is expected to show major growth rate during the forecast period. The rising prominence of cloud-based services and demand for data centers among small and medium-sized data centers are primarily driving the market in this region. The growing data among organizations and need for infrastructure are fuelling the market in this region.
Some of the key players in the market are Dell Inc. (U.S.), IBM Corporation (U.S.), Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Cisco Systems, Inc. (U.S.), NVIDIA Corporation (U.S.), Lenovo Group Ltd. (China), Cavium (U.S.), Quanta Computer Inc. (Taiwan), Broadcom Ltd. (U.S.), Intel Corporation (U.S.), Hewlett Packard Enterprise Development LP (U.S.).
Some of the key innovators in the market are Amazon.com, Inc. (U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), Facebook Inc. (U.S.), Apple Inc. (U.S.), Baidu, Inc.(China), China Telecommunications Corporation (China), China United Network Communications Group Co., Ltd. (U.S.), CyrusOne, Inc. (U.S.), Digital Realty Trust, Inc. (U.S.), Equinix, Inc. (U.S.), OVH (France) and many others.
Request For Full Report- https://www.kennethresearch.com/sample-request-10154355
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609