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(IT-NEWSWIRE.COM, September 08, 2021 ) The global Hyper Scale Data Center Market is estimated to surpass $104.2 billion mark by 2026 growing at an estimated CAGR of more than 16.5% during the forecast period 2021 to 2026. Hyper scale data center is a facility owned and operated by the company it supports. This includes colocation providers such as AWS, Microsoft, Google, and Apple. They offer robust, scalable applications and storage portfolio of services to individuals or businesses. Data are becoming increasingly important in any sector and each every bit of that is stored.
Increased usage of internet in many developing countries and the data shared, has made Hyperscale computing necessary for cloud and big data storage. The market is expected to experience significant growth over the forecast period owing to rising computing, networking, memory, and storage resources demand in distributed or grid computing environments. Surge in cloud adoption, increase in business operational needs, and rising demand for data center colocation facilities will also drive market growth.
Increased demand for cloud service resources and data centers from the consumers and businesses has led to the implementation of large-scale public cloud data centers. These hyperscale cloud players are anticipated to dominate the cloud industry. These factors are set to boosts the market growth for Hyper Scale Data Center during the forecast period 2021-2026
Hyper Scale Data Center Market Segment Analysis - By Application
The Hyper Scale Data center market is segmented based on the applications such as BFSI, healthcare, retail, education, gaming and on-demand entertainment. On demand entertainment content have seen tremendous growth and digitalisation at 20.1% CAGR through 2026. Rise in the BFSI sector has accelerated the growth of Hyper Scale Data Center market as well. Swift increase in customers and regulatory measure towards the financial inclusion measures are the major driving factors for the growth of IT business and BFSI, this in turn improves the market growth of Hyper Scale Data Center Market. Due to increasing competitive nature of the market the financial institutions has to provide the services easy and quick way to the customer thereby driving market demand.
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Hyper Scale Data Center Market Segment Analysis - By Component
The market is segmented into Servers, Network Infrastructure, Storage based on Component. Adoption of improved IT solutions and facilities has increased the business operations and in turn the demand for storage and servers has increased. Enterprises are shifting towards software-defined networking to obtain high performance. Many enterprises and IT companies has a shift towards software based networking for the better performance, massive scale and low latency in data transmission and processing.
Data is abundant in the recent years and storage of these data needs special data centers, Companies like Google produces tons of data and this is stored in increasingly complex ways. The data centers are huge to store. Hyper Scale Data Center Market is one which helps many sectors for storing their data and processing with networking properly.
Hyper Scale Data Center Market Segment Analysis - Geography
North America is the largest market for Hyper Scale Data Center Market at 37% share in 2020. The rate of adoption of cloud-based computing is rapidly increasing, owing to which, data centers are increasing in U.S. The U.S is home to many tech giants, such as Apple, Amazon, Microsoft, and Facebook, offering hyperscale data centers. Increased OTT penetration in US market is driving the market.
This is also rising at a global level where more than 60% of the world are OTT users driven in particular by the Covid-19 Pandemic. Data gathered is increased as the OTT market booms. APAC is expected to grow in the forecasted period as the growing demand for cloud services and increased IT industries and this will in turn increase the need for hyper scale data center.
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Hyper Scale Data Center Market Drivers
Increasing requirement for superior performance to drive growth
Data centers in the have become the important with high performance computation as well as storage requirement to support high-end applications. Requirement for intelligent and advanced data center technologies to cater to the growing data center performance requirement, coupled with the growth of strategic IT trends, is expected to increase the demand for hyper scale data center deployments. The advancement of hyperscale computing is all about businesses and their association with their data and IT operations. Enterprises do not want to spend millions of dollars to build and operate a data center. This has improved the growth of the Hyper Scale Data Center.
Better Uptime Reliability
Uptime flexibility can vary from provider to provider, but if the facility has a strong track record, this could be one of the excellent advantages of colocation. For example, a colocation data center with an established record of more than 99,99999% uptime reliability encounters less than 3.15 seconds of downtime over the course of a year.
Hyper Scale Data Center Market Challenges
High installation cost
Constructing a private data center is clearly a major capital investment, but after the building is finished the expenses will not end. The day-to-day operation of a data center incurs a substantial amount of recurring maintenance costs. Colocation hosting needs higher start-up costs than if the hosting firms hire servers. They have to buy hardware and upgrades on their own. Instead of bandwidth, budgeting gets frustrating with fluctuating monthly leases. Maintenance limitations on time or money.
Hyper Scale Data Center Market Landscape
The Hyper Scale Data Center market highly consolidated and fragmented because of the dominance by a few key companies in the market. Also, the barrier for new entrants is high due to the requirement of the high initial cost to enter into the market. Major key player in the market are Amazon, Microsoft, Alphabet, Facebook, Alibaba, Cisco, Hewlett Packard, Intel Corporation, Broadcom, IBM, Quanta Computer, Huawei, Ericsson, and other. These are companies that are continuously investing in making strategic partnership and acquisition to gain more market share.
Acquisitions/Technology Launches/Partnerships
In December, 2020, Adani to invest $269m to set up hyperscale data centre in Chennai called Adani Chennai-1. Chennai has sound optic fibre network connectivity with three undersea cable landing stations. Also, its geographic proximity to key Asian cities gives it an edge.
In December, 2020, New Zealand’s ‘first’ hyperscale data centre Invercargill is to be built with the partnership between Datagrid and Meridian. Datagrid is a company run by Hawaiki Cable founder Remi Galasso and Callplus founder Malcolm Dick. The two companies will develop a 25,000 square metre facility near Makarewa, about 11 kilometres north of Invercargill. That facility will generate 60 megawatts of power, and will be expanded to deliver 100 megawatts over 40,000 square metres over several years.
Key Takeaways
The rise of hyperscale data centers is because of rising data that is collected by many companies which has to be processed and stored for the further process. Increasing usage has influenced companies like Amazon Web Services, Google, Microsoft, Facebook, and Apple to invest significant amounts.
Increased number of users in the BFSI & Telecom industries is demanding the need for the hyperscale data center for information storage. Increased digitalization is major key for the data accumulation.
North America is expected to dominate the market in the forecasted period. This growth is attributed with increased usage of OTT and gaming, as US ranks highest in usage of OTT platform Netflix
Related Reports :
A. Data Center Colocation Market
https://www.industryarc.com/Research/Data-Center-Colocation-Market-Research-500503
B. Data Centre as a Service Market
https://www.industryarc.com/Report/17944/data-centre-as-a-service-market.html
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IndustryARC
Venkat Reddy
(+1) 970-236-3677
venkat@industryarc.com
Source: EmailWire.Com 
Source: EmailWire.com
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