Hyperscale data center market to grow by USD 169.47 billion from 2022 to 2027|Rising demand for data center colocation facilities to boost growth- Technavio
NEW YORK, July 25, 2023 /PRNewswire/ -- The global hyperscale data center market is estimated to grow at a CAGR of 26.44% between 2022 and 2027. The market size is forecasted to increase by USD 169.47 billion during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report
Global Hyperscale data center market ? Vendor Analysis Vendor Landscape - The global hyperscale data center market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer hyper-scale data centers in the market are Alphabet Inc., Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., CtrlS Datacenters Ltd., CyrusOne LLC, Dell Technologies Inc., Equinix Inc., Hewlett Packard Enterprise Co., Inspur Systems Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., NVIDIA Corp., Oracle Corp., QTS Realty Trust LLC, Schneider Electric SE, Telefonaktiebolaget LM Ericsson, and Viavi Solutions Inc. and others.
What's New? -
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Global competitiveness and key competitor positions
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Vendor Offerings -
Alphabet Inc.: The company offers a hyperscale data center with a carbon-intelligent computing platform.
Amazon.com Inc.: The company offers hyperscale data centers such as AWS hyperscale data centers with an infrastructure layer.
Broadcom Inc.: The company offers hyperscale data center with a StrataDNX network switch.
Hyperscale Data Center Market - Segmentation Assessment
Segment Overview
This hyperscale data center market report extensively covers market segmentation by type (critical infrastructure and support infrastructure), end-user (BFSI, energy, IT, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
The market share growth by the critical infrastructure segment will be significant during the forecast period. Critical infrastructure includes servers, storage, and network. Organizational storage is more reliable, fault-tolerant, and scalable than traditional storage, and is well-suited for organizations with large amounts of data. Market players are moving to open networks whose infrastructure is based on open industry standards. Additionally, the infrastructure should be programmable with open APIs and an open ecosystem for compatible deployments. These factors are expected to fuel the growth of the hyperscale data center market in the critical infrastructure segment during the forecast period.
Geography Overview By geography, the global hyperscale data center market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global hyperscale data center market.
North America is estimated to contribute 33% to the growth of the global market during the forecast period. Investment in building data centers is increasing, as is additional investment in sustainable power hotspots to run server farm operations. The adoption of cloud-based computing is accelerating in the US, and the number of data centers in the country is growing. Hence, the construction of new data centers and renovation of existing data centers in the US will contribute to the growth of the market in this region during the forecast period.
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Hyperscale Data Center Market ? Market Dynamics
Key Driver -
The rising demand for data center colocation facilities is notably driving market growth.
Companies that operate colocation facilities have many advantages over companies that build data centers. Colocation significantly reduces infrastructure expenditure costs and improves connectivity required for operational services.
Many companies build and operate cloud platforms. They also host such platforms using a managed services model.
Local vendors of colocation and managed hosting services will invest heavily in hyperscale data centers, which is expected to boost the growth of the hyper scale data center market during the forecast period.
Leading Trend -
The increasing focus on the construction of green data centers is a key trend shaping the market.
High power consumption and increasing carbon (CO2) emissions from data centers around the world have raised awareness of environmentally friendly data center facilities.
The need for energy-efficient and green data centers has led to the emergence of metrics to calculate data center efficiency, such as PUE.
Power usage effectiveness (PUE) is used to estimate the energy consumption of data center IT equipment in relation to the total power consumption of the data center.
Hence, the rising focus on the construction of green data centers is expected to fuel the growth of the hyper scale data center market during the forecast period.
Significant challenge -
The consolidation of data centers is the major challenge that affects the growth of the market.
As virtualization increases of the operational efficiency of data center IT infrastructures, servers are being consolidated to run on a single piece of computer hardware. Driven by virtualization, data centers are being consolidated and reduced in number.
This will hinder infrastructure sales and reduce the footprint of data centers around the world. Asset consolidation requires time, expertise and include high risk. Also, the rising business demands further hinder consolidation.
Hence, consolidation of data centers can become a major challenge that will impede the growth of the hyperscale data center market during the forecast period.
Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a sample report!
What are the key data covered in this Hyperscale Data Center Market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the hyperscale data center market between 2023 and 2027
Precise estimation of the hyperscale data center market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the hyperscale data center market across North America, APAC, Europe, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of the hyperscale data center market vendors
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The Europe data center marketsize is estimated to grow at a CAGR of 21.05% between 2022 and 2027. The market size is forecast to increase by USD 171.29 billion. Furthermore, this data center market in Europe report extensively covers market segmentation by end-user (medium and small enterprises and large enterprises) and components (IT infrastructure, power management, cooling solutions, general construction, and others). The rising demand for data center colocation facilities is notably driving market growth during the forecast period.
The data center and network third-party hardware maintenance service market share is expected to increase by USD 2.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.28%. Furthermore, this report extensively covers the market segmentation by application (large enterprises and small and medium enterprises) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The rise in data center spending is notably driving the market growth during the forecast period.
Hyperscale Data Center Market Scope
Report Coverage
Details
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 26.44%
Market growth 2023-2027
USD 169.47 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
24.54
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 33%
Key countries
US, China, India, UK, and Germany
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Alphabet Inc., Amazon.com Inc., Broadcom Inc., Cisco Systems Inc., CtrlS Datacenters Ltd., CyrusOne LLC, Dell Technologies Inc., Equinix Inc., Hewlett Packard Enterprise Co., Inspur Systems Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., NVIDIA Corp., Oracle Corp., QTS Realty Trust LLC, Schneider Electric SE, Telefonaktiebolaget LM Ericsson, and Viavi Solutions Inc.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table Of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Type
Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global hyperscale data center market 2017 - 2021
Exhibit 18: Historic Market Size ? Data Table on global hyperscale data center market 2017 - 2021 ($ billion)
Exhibit 158: International Business Machines Corp. - Overview
Exhibit 159: International Business Machines Corp. - Business segments
Exhibit 160: International Business Machines Corp. - Key news
Exhibit 161: International Business Machines Corp. - Key offerings
Exhibit 162: International Business Machines Corp. - Segment focus
12.12 Microsoft Corp.
Exhibit 163: Microsoft Corp. - Overview
Exhibit 164: Microsoft Corp. - Business segments
Exhibit 165: Microsoft Corp. - Key news
Exhibit 166: Microsoft Corp. - Key offerings
Exhibit 167: Microsoft Corp. - Segment focus
12.13 Nippon Telegraph and Telephone Corp.
Exhibit 168: Nippon Telegraph and Telephone Corp. - Overview
Exhibit 169: Nippon Telegraph and Telephone Corp. - Business segments
Exhibit 170: Nippon Telegraph and Telephone Corp. - Key offerings
Exhibit 171: Nippon Telegraph and Telephone Corp. - Segment focus
12.14 NVIDIA Corp.
Exhibit 172: NVIDIA Corp. - Overview
Exhibit 173: NVIDIA Corp. - Business segments
Exhibit 174: NVIDIA Corp. - Key news
Exhibit 175: NVIDIA Corp. - Key offerings
Exhibit 176: NVIDIA Corp. - Segment focus
12.15 QTS Realty Trust LLC
Exhibit 177: QTS Realty Trust LLC - Overview
Exhibit 178: QTS Realty Trust LLC - Product / Service
Exhibit 179: QTS Realty Trust LLC - Key offerings
12.16 Telefonaktiebolaget LM Ericsson
Exhibit 180: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 181: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 182: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 183: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 184: Telefonaktiebolaget LM Ericsson - Segment focus
12.17 Viavi Solutions Inc.
Exhibit 185: Viavi Solutions Inc. - Overview
Exhibit 186: Viavi Solutions Inc. - Business segments
Exhibit 187: Viavi Solutions Inc. - Key offerings
Exhibit 188: Viavi Solutions Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 189: Inclusions checklist
Exhibit 190: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 191: Currency conversion rates for US$
13.4 Research methodology
Exhibit 192: Research methodology
Exhibit 193: Validation techniques employed for market sizing
Exhibit 194: Information sources
13.5 List of abbreviations
Exhibit 195: List of abbreviation
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