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What is the present valuation and projected CAGR of the hyperscale data centers market?
The hyperscale data center market size has grown rapidly in recent years. It will grow from $105.85 billion in 2024 to $122.02 billion in 2025 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to cloud computing growth, internet services expansion, data explosion, energy efficiency.
The hyperscale data center market size is expected to see rapid growth in the next few years. It will grow to $246.62 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to increasing data volumes, edge computing expansion, cloud services, ai and machine learning. Major trends in the forecast period include cloud computing dominance, ai and machine learning, hybrid and multi-cloud strategies, software-defined data centers (sddcs).
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What key drivers have fueled the hyperscale data centers market’s development over the years?
The increase in the number of internet users increases the amount of data that is generated and needs to be managed and stored by hyperscale data centers. For instance, in July 2023, according to the Canadian Internet Use Survey 2022 by Statistics Canada, a Canada-based government agency for national statistics, internet usage among Canadians aged 15 and older increased from 92% in 2020 to 95% in 2022. Canadians 75 years of age and older experienced the biggest increase, going from 62% in 2020 to 72% in 2022. Increased numbers of internet users and faster wireless internet access drive the demand for hyperscale data centers market.
What is the segmentation for the hyperscale data centers market?
The hyperscale data centers market covered in this report is segmented –
1) By Type: Cloud Providers, Colocation Providers, Enterprises
2) By Component: Solution, Service
3) By Application: Manufacturing, Government Utilities, BFSI, IT And Telecommunication, Healthcare, Energy
Subsegments:
1) By Cloud Providers: Public Cloud Providers, Private Cloud Providers, Hybrid Cloud Providers
2) By Colocation Providers: Retail Colocation, Wholesale Colocation
3) By Enterprises: Large Enterprises, Small and Medium Enterprises (SMEs)
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Who are the most influential companies in the hyperscale data centers market?
Major companies operating in the hyperscale data centres market include NVIDIA Corporation, Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., International Business Machines Corporation, Hewlett-Packard Company, Dell Inc., Orange Business Services, Cavium Inc., Lenovo Group Ltd., Hewlett-Packard Company, Intel Corporation, Western Digital Corporation, NVIDIA Corporation, Oracle Corporation, OVHcloud Company, Tencent Holdings Limited, Alibaba Group Holding Limited, Apple Inc., Microsoft Corporation, Meta Platforms Inc., Equinix Inc., Digital Realty Trust Inc., CyrusOne Inc., NTT Communications Corporation, Interxion Holding N.V., Global Switch Holdings Limited, CoreSite Realty Corporation, QTS Realty Trust Inc., Switch Inc., Iron Mountain Incorporated, Cologix Inc., Cyxtera Technologies Inc., Zayo Group Holdings Inc., CenturyLink Inc., AT&T Inc., Verizon Communications Inc.
What are the top industry trends projected to impact the hyperscale data centers market?
The major players operating in the hyperscale data market are investing in finding alternatives to meet their high-power requirements for existing and new facilities across the globe to reduce their carbon footprint. The leading data center providers are purchasing clean, renewable energy sources. For instance, Apple, announced for an investment of over $921 million for the Metal & Construction of a hyperscale infrastructure facility in Denmark that will entirely operate on renewable energy sources. Similarly, Google announced plans to invest around $700 million for a data center in Denmark that will make use of renewable energy generated through power purchase agreements (PPAs).
What are the major regional insights for the hyperscale data centers market, and which region holds the top position?
The Asia-Pacific was the largest region in the hyperscale data centers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the hyperscale data centers market report analysis during the forecast period. The regions covered in the hyperscale data centres market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Hyperscale Data Centers Market Report 2025 Offer?
The hyperscale data centers market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Hyperscale data centers refer to large-scale facilities designed to efficiently support vast amounts of data storage, processing, and networking, used by major tech companies and cloud service providers. These data centers are characterized by their massive infrastructure, scalability, and high-performance capabilities, allowing them to handle enormous workloads and large volumes of traffic. Hyperscale data centers are critical for cloud computing, big data, and digital services, providing the backbone for online platforms and services used globally.
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