Hyperscale Data Center Market to Generate $585.0 Billion by 2030: Allied Market Research 

Increase in demand for data centers to improve productivity and customer experiences drive the growth of the global hyperscale data center market. In addition, need to improve the network operational efficiency positively affects the growth of the hyperscale data center market. On the contrary, high implementation costs of hyperscale data center solutions impede the market growth. However, increase in cloud dependence and industry 4.0 trends, are likely to provide lucrative prospects for hyperscale data center market expansion in the coming years. 

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Covid-19 Scenario: 

► During the pandemic, the entertainment and media industry assisted the hyperscale data center market growth. 

► The industry witnessed rise in viewing of online and digital content as a result of the Covid-19 outbreak, which was facilitated by the widespread usage of the internet and consumer electronic devices. 

The report offers detailed segmentation of the global hyperscale data center market based on component, user type, enterprise size, end user, application, and region. 

Based on component, the solution segment held the highest market share in 2020, accounting for around two-thirds of the total share, and is projected to maintain its leadership status during the forecast period. However, the service segment is estimated to grow at the fastest CAGR of 27.6% from 2021 to 2030. 

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Based on user type, the cloud providers segment accounted for the largest share in 2020, contributing to more than three-fifths of the global hyperscale data center industry, and is expected to maintain its lead position during the forecast period. However, the enterprises segment is projected to portray the highest CAGR of 30.3% from 2021 to 2030. 

Based on region, North America contributed the highest share in 2020, accounting for nearly two-fifths of the total share. However, Asia-Pacific is projected to manifest the largest CAGR of 30.7% during the forecast period. 

The report has offered an all-inclusive analysis of the global hyperscale data center market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth. 

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance. 

The report presents in-depth insights into each of the leading hyperscale data center market end user verticals along with annual forecasts to 2030. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance. 

Key Market Players: 

► Nlyte Software 

► International Business Machines Corporation 

► Cisco Systems, Inc. 

► Cavium, Inc. 

► Hewlett-Packard Company 

► Intel Corporation 

► Mellanox Technologies, Inc. 

► Ericsson 

► Avago Technologies 

► SanDisk Corporation 

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

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