Hyperscale Computing Market to Witness Steady Expansion During 2021 – 2028
- chhaya chavan
- May 19, 2023
- 4 min read
The global hyperscale computing market size reached USD 149.07 Billion in 2020 and is expected to register a revenue CAGR of 27.4%, during the forecast period, according to latest analysis by Emergen Research. Increasing penetration of internet of things (IoT) devices and rising adoption of bid data technology are some key factors driving global hyperscale computing market revenue growth. Increasing demand for data management, need for storage, and rapid retrieval due to ongoing IoT trend across various industries, verticals, and sectors are driving urgent need for and deployment of hyperscale computing. In recent years, majority of organizations have begun moving towards adoption of hyperscale IoT connectivity solutions where security, compliance, and cloud optimization operate under standard features, and this is expected to support growth of global hyperscale computing market going ahead. In addition, with ever-increasing demand for cloud computing solutions, the need for developing larger-scale data center infrastructure has significantly increased and this has resulted in an increase in the number of hyperscale data centers across the globe. Hyperscale increases ability of a data centers to achieve massive scale by networking with a large number of servers mainly for big data and cloud computing.With exponential increase in data volumes globally, there is increasing need to meet computing and storage requirements and to process those data in real-time and this is greatly facilitating rapid adoption of hyperscale computing. Rising adoption of hyperscale computing due to need for change in architecture and open source software is expected to propel growth of hyperscale computing market. Furthermore, most hyperscale service providers are bringing in more business transformations and innovations by developing hyperscale service platforms that have unique capabilities and are best suited for a particular business unit. Providers are also providing tailored solutions for certain industries. Thus, growing demand for these solutions and services is facilitating further developments and advancements acrosshyperscale data centers worldwide. In recent years, majority of market players are focusing on integrating hybrid cloud with Artificial Intelligence to personalize customer experience, aid in better decision making, and streamline operations. These developments and shifts are expected to continue to contribute to revenue growth of the global hyperscale computing market.
The report contains extensive analysis of the market in light of the ongoing COVID-19 impact. The pandemic has affected the economic landscape of the world dynamically. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic. The report also discusses the present and future impact of the COVID-19 outbreak.
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The leading market contenders listed in the report are:
Microsoft Corporation, Amazon Web Services Inc., Cisco Systems Inc., Google LLC, Apple Inc., International Machine Business Corporation (IBM), Dell Technologies Inc., Celestica Inc., Intel Corporation, and Hewlett Packard Enterprise Co
Key reasons to buy the Global Hyperscale Computing Market report:
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
The latest report comprehensively studies the global Hyperscale Computing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
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Market Segmentations of the Hyperscale Computing Market
Component Outlook (Revenue, USD Billion; 2018–2028)
Solution
Server
Storage
Networking
Services
Installation and Deployment
Consultation
Support & Maintenance
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprises
Small & Medium-Sized Enterprises
Type Outlook (Revenue, USD Billion; 2018–2028)
Cloud
Data
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Regional Outlook of the Hyperscale Computing Market
The global Hyperscale Computing market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hyperscale Computing market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Hyperscale Computing Market report:
The latest report comprehensively studies the global Hyperscale Computing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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