The global hyperscale data center market is growing at a significant rate, as it provides the users single largely scalable compute architecture. The data centers are becoming progressively important in the present scenario, where the organizations store and process large consumer information and commercial data. The hyperscale data center thus enables the use of enterprise mobile applications and are playing a crucial role in contemporary business models. The large hyperscale data centers such as those that are administered by Google, Facebook, and Amazon have attained greater popularity and are considered to be very energy efficient by the users.
On the basis of the component, the market is subdivided into solutions and services. Of both the categories, the services market is anticipated to witness the higher growth during the forecast period as different enterprises are seeking services to evolve their business applications from stand-alone applications to the client-server applications. The solution segment is further segmented into storage, server, networking, and software; whereas the services segment is categorized into installation and deployment, maintenance and support, and consulting.
Based on data center size, the market is subdivided into small and medium-sized data centers and large data centers. Of both the categories, small and medium-sized data centers market is anticipated to witness the higher growth during the forecast period as the industry players are focusing on small and medium-size companies providing the infrastructure for data centers.
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The primary factor aiding towards the growth of the hyper-scale data center market includes a growing need for high application performance. The business organizations are evolving their business applications from stand-alone applications to client-server applications. They are further developing their applications into distributed applications and ultimately to the cloud-based elastic applications. Also, business organizations are evolving application performance management to follow this trend. The implementation of a hyper-scale data center along with application performance management by the business enterprise helps in managing the performance of applications in order to determine the proper functioning process of applications.
Geographically, North America is the largest hyperscale data center market. The demand for this technology is increasing in this region due to robust infrastructure, high demand from BFSI, IT, and Telecom and the healthcare sector, high awareness among the enterprises regarding the benefits of the technology.
Asia-Pacific is expected to be the fastest-growing region for hyperscale data center market. The growth of hyperscale data center market in the region is expected to take place due to the increasing demand for cloud service from small, medium, and large enterprises. The market is also driven by increased adoption of hyperscale data center architecture and technologies by several industries. Major factors contributing towards the growth of hyperscale data center market in the region are the rapid development in the banking sector of the major economies such as China, India, and Japan.
Some of the key players in the operating in the hyperscale data center industry are Dell Inc., Hewlett Packard Enterprise Company, International Business Machines Corporation, Huawei Technologies Co., Ltd., Ericsson, Cisco Systems, Inc., Nvidia Corporation, Lenovo Group Limited, Cavium, Inc., Quanta Computer Inc., Broadcom Ltd., and Intel Corporation.