Global Hyperscale Data Center Market 2020-2024
Technavio has been monitoring the hyperscale data center market and it is poised to grow by $ 62899.16 mn during 2020-2024 progressing at a CAGR of 21% during the forecast period. Our reports on hyperscale data center market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the surge in cloud adoption, increase in business operational needs, and rising demand for data center colocation facilities. In addition, surge in cloud adoption is anticipated to boost the growth of the market as well.
The hyperscale data center market analysis includes type segment and geographic landscapes
Technavio's hyperscale data center market is segmented as below:
- Critical infrastructure
- Support infrastructure
By Geographic Landscapes
- North America
- South America
This study identifies the construction of green data centers as one of the prime reasons driving the hyperscale data center market growth during the next few years. Also, growing use of free cooling techniques, and infrastructure innovations will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our hyperscale data center market covers the following areas:
- Hyperscale data center market sizing
- Hyperscale data center market forecast
- Hyperscale data center market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hyperscale data center market vendors that include 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.. Also, the hyperscale data center market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.