Hyperscale Data Center Market Size to Grow by $ 107.60 bn through 2021-2025
Technavio research projects the hyperscale data center market to grow by $ 107.60 bn, accelerating at a CAGR of almost 27% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Hyperscale Data Center Market: Key Market Driver
One of the primary factors that will trigger the growth of the hyperscale data center market size is Surge in cloud adoption. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Hyperscale Data Center Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Amazon.com Inc., Apple Inc., Cisco Systems Inc., Equinix Inc., Facebook Inc., Global Switch Holdings Ltd., Intel Corp., Marvell Technology Group Ltd., Microsoft Corp., and NVIDIA Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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The Global Hyperscale Data Center Market is expected to grow by USD 107.60 billion accelerating at a CAGR of nearly 27% during the forecast period. Although the information technology industry is expected to witness mixed growth as a result of COVID-19, the impact of the pandemic on the market in focus is expected to remain POSITIVE. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report
"The surge in cloud adoption will drive the growth prospects for the Global Hyperscale Data Center Market in the forthcoming years. 34% of the market growth will originate from North America during the forecast period. However, market growth in North America will be slower than the growth of the market in other region", says senior research analyst for the Information Technology Industry at Technavio.
Hyperscale Data Center Market: Infrastructure Segment Highlights
Hyperscale Data Center Market: Competitive Analysis
Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report