San Francisco, California, July 27, 2018: A recently added market study by TMR Research, titled, “Hyperscale Data Center Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” finds that growing need to bring down operational expenditure is majorly fuelling the market. Other factors serving to promote the hyperscale data center market are rising awareness about their ability to enable scaling of infrastructures.
Some of the prominent end users in hyperscale data center market are enterprises, cloud providers, and colocation vendors. Hyperscale data center is a vital component in the construction of robust and scalable cloud and hence it is used by several cloud service providers. Most organizations have hyperscale data centers inside their premises. In some cases, they also outsource it to colocation service providers.
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Hyperscale data centers find application in IT and telecom, banking, financial services, and insurance, healthcare, and manufacturing, among others. Of them, the exploding IT services industry is at the forefront of driving demand in the hyperscale data centers. Based on component, the key segments of the hyperscale data center market are networking and servers, among others. Between the two, the segment of server leads the market and will continue doing so in the near future as well.
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From a geographical standpoint, Asia Pacific is projected to increase its share in the hyperscale data center market at maximum pace because of the swift uptake of cloud services by small, medium, and large enterprises and swift take-up of hyperscale data center architecture and technologies by various industries in the region.
Some of the prominent corporations operating in the global hyperscale data center market are Cisco Systems, INC., Intel Corporation, Nlyte Software, Hewlett-Packard, Sandisk Corporation, Ericsson, and IBM.