Hyper Scale Data Centre Market New-Age Technology Preference Restraints, Opportunities, Key Players IBM Corporation (US), Huawei Technologies Co. Ltd
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Market Scenario:
The growing demand for data protection and
securement is increasing day today. This rising demand for protecting and
safeguarding data will continue in future generations. These factors lead to
the growth of various advanced data security center services. The rise in
urbanization and industrialization leads to the development of big companies
and e-commerce services. All these sectors are highly demanding for advanced
data security systems. Therefore, to meet the public's ongoing requirement,
different data centers are emerging in the market. The Hyper-Scale Data
Center Market is one of the data securities markets that provides
excellent data protection services.
The Hyper-Scale Data Center Market is
known for distributing and sharing huge data to a place where the required
information can be easily accessed later through the internet. The hyper-scale
data centers are used by cloud service providers and house cloud-based
resources. These data centers even allow digital platforms for storing and
effectively transferring data. The rise in awareness for cyber threats and
privacy breaches accelerates the market. The business and IT professionals,
those who are always worried about managing the huge amount of data, started
investing in this market, which is propelling its growth.
In the pandemic period, the markets that belonged
to the IT sectors had mixed impacts, and the Hyper-Scale Data Center
Market has shown a stable growth during the period because the requirement
of data protection, management, and transferring has increased at a high rate.
The use of cloud-based services even increased during the lockdown time. These
factors had shown a positive impact on the market's growth rate.
Due to the rise of widespread opportunities, the
market is estimated to grow at a significate rate in the future years.
The Hyper-Scale Data Center Market is estimated to reach a CAGR of 27
%, worth USD 96 Billion during the forecast period.
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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 Center Market is segmented based on type,
solutions, and vertical. The type segment of the market is fragmented into
enterprises, cloud providers, and colocation providers. The company needs to
store and secure its data; therefore, a hyper-scale data center plays a major
role in this process. The cloud providers include public clouds, manage private
clouds,
and offer on-demand computing components. The equipment, space, and bandwidth
are provided under the collocation provider, and the solution segment includes
software, storage, server, service, and others. The market is classified into
energy & utilities, government and defense, IT & telecommunication,
retail, BFSI, manufacturing, media and entertainment, healthcare, and others in
the vertical segment.
Regional
Analysis:
According to the geographical status,
the Hyper-Scale Data Center Market is distributed into different
regions such as North America, Europe, and the Asia Pacific. Among these, North
America holds the highest market share of the global market. This region is
emerging due to the increase in investment in technological solutions;
meanwhile, the Asia Pacific region to growing at a consistent rate during the
forecast period. The market regions to propel the growth in the global level,
especially due to the increased growth of IT infrastructure.
Industry News
According
to the recent update, Extra by Airtel is all set to launch New 38 MW Hyperscale
Data Center in Chennai, India.
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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
Continued….
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