Hyperscale Data Centre Growth Business Growth, Top Key Players Analysis Industry, Opportunities and Forecast to 2027
Market Scenario:
Market Research Future (MRFR) affirms that the hyperscale data centre growth.2020 can touch an approximate valuation of USD 96 billion by 2023-end. MRFR also expects the market to procure a remarkable growth rate of 27% between 2017 and 2023 (evaluation period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.
COVID-19 Analysis:
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Global Hyperscale Data Centre Growth ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Global Hyperscale Data Centre Growth toopen new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Global Hyperscale Data Centre Growth is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
The escalated demand level for hybrid cloud storage is estimated to play a crucial role in the development of the cloud storage market. Moreover, the increased occurrence of remote working patterns in organizations due to the ongoing COVID- 19 pandemic is estimated to benefit the long-term growth of the cloud storage market.
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Competitive Outlook:
Prominent leaders in the market are Cavium (US), Intel Corporation (US), Dell Inc. (US), Hewlett Packard Enterprise Development LP (US), Cisco Systems Inc. (US), Broadcom Ltd. (US), Lenovo Group Ltd (China), IBM Corporation (US), Huawei Technologies Co. Ltd (China), Ericsson (Sweden), Quanta Computer Inc. (Taiwan), and more.
Segmentation:
The hyper scale data centre market can be considered for solutions, type as well as vertical. The categories depending on solutions include software, storage, service, and server. The key types specified in the study are enterprises, colocation providers and cloud providers.
Vertical-based sections included in the report are retail, energy & utilities, government, and defence BFSI, manufacturing, healthcare, media and entertainment, IT & Telecommunication, and more. Out of these, the IT & Telecom vertical owns the biggest share in the market, because of the expansion of re-architect data centres as well as IT services. BFSI also generates high revenue in the market owing to the intensifying competition across the financial sector, surge in consumer trends and rising need for fraud detection. These aspects are leading to higher consumption of hyper scale data centres for better efficiency.
Regional Analysis:
The hyper scale data centre industry can note significant opportunities coupled with the latest trends across the primary regions of Europe, APAC/Asia Pacific, North America, and RoW/Rest of the World.
North America is the apparent winner in the global market, given the increasing consumption of hyper scale data centre solutions by diverse industries and the rising spending on these technologies. North America holds a massive number of IT giants that are growing more formidable in the hyper scale data centre industry, thereby further fortifying the region’s prominence at a global level. The escalating deployment of cloud-based services and solutions can also encourage the market expansion in the region during the assessment period.
APAC’s favourable position in the global market is the result of the rapid expansion of the IT infrastructure across India and China, soaring demand for advanced technological services and the fact that the data traffic across industries is becoming denser with time.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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