About Hyperscale Data Center
A data center is a centralized facility used for data computing, processing, and storage. A data center consists of networking equipment; high-performance servers; storage arrays; and supporting services, such as powering and cooling solutions. A hyperscale data center is more like a customized data center that has wider racks and requires more space compared with a traditional data center. Hyperscale data centers are designed based on the storage requirement. With the evolution of cloud computing and increased use of big data analytics, there is a greater need to construct more data centers that can cater to the growing computing requirements of enterprises.
Technavio’s analysts forecast the global hyperscale data center market to decline at a CAGR of (11.12%) during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hyperscale data center market for 2017-2021. To calculate the market size, the report considers the revenue generated from the spending on critical infrastructure and support infrastructure by vendors in the market. The total market size is calculated by adding the investments in critical and support infrastructure.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hyperscale Data Center Market 2017-2021
Technavio recognizes the following companies as the key players in the global hyperscale data center market: Amazon Web Services, Google, Microsoft, and Facebook.
Other Prominent Vendors in the market are: Apple, Baidu, China Telecom, China Unicom, CyrusOne, Digital Realty, Equinix, Global Switch, and OVH.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Construction of green data centers. The high power consumption and increase in carbon emissions by data centers globally are factors that are creating awareness about green data center facilities among enterprises. These facilities help in the operation of energy-efficient power, IT, and cooling infrastructure; low power consumption; and carbon footprint. Many new innovations and strategies are implemented in data centers to improve their performance. The use of renewable energy sources, free cooling, consolidation, and waste recycling are some of the methodologies implemented in green data centers. Amazon Web Services, Google, Microsoft, and Facebook operate green data center facilities.”
According to the report, one of the major drivers for this market is Adoption of cloud-based storage by enterprises. Storing data in the cloud is proving to be an effective medium for enterprises worldwide. Commercial data requires a large storage space, which varies in SMEs and large enterprises. With the increasing amount of data generated through IoT, storing data on-premise is proving to be expensive. Therefore, many enterprises have started moving their data to the cloud storage (STaaS) by selecting service providers, such as Microsoft Azure, Amazon Web Services, and Google Cloud Platform. The demand has also increased because of the reduced cost, better scalability, and high availability of storage.
Further, the report states that one of the major factors hindering the growth of this market is Consolidation of data centers. Enterprises are considering data center consolidation because of many reasons, including a reduction in costs and acquisition of enterprises. Consolidation reduces costs by up to 30% and power consumption by 55% while improving security by up to 35% and overall efficiency by 50%. In the US, the federal government is consolidating data centers to reduce operational costs and direct investments toward an efficient computing platform.
Amazon Web Services, Google, Microsoft, Facebook, Apple, Baidu, China Telecom, China Unicom, CyrusOne, Digital Realty, Equinix, Global Switch, and OVH.
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