San Francisco, California, May, 08, 2017 : The global hyperscale data center market is treading growth on grounds of mounting volume of big data. The developmental aspects of this market are discussed in a comprehensive manner in a new report by TMR Research. The report, titled “Hyperscale Data Center Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” looks into market dynamics and growth trends that will have a bearing on this market over the forecast period from 2017-2025. Using market-leading analytical tools, an analysis of indices of strengths, weakness, opportunities, and threats of the market is presented herein.
Hyperscale data centers present a host of advantages that are suited for today’s complex data storage needs. Apart from energy efficiency and diminished ownership cost, their usefulness in a gamut of industries and open compute project requirements give them an edge over traditional data centers. These advantages are driving their demand especially from consumers who are in the quest to tackle growing operational complexities that traditional data centers are unable to do.
Factors acting as bottlenecks to the growth of hyperscale data center market include power failure and high amount of heat generation.
The hyperscale data center market can be divided into the application segments of IT and telecom, banking, financial services, and insurance, energy, healthcare, government utilities, and manufacturing among others. The booming IT services industry is significantly influencing the growth of hyperscale data center market. In terms of component, the market can be segmented into server, networking, etc. Amongst these, server is currently the leading segment and gong forward the segment is expected to hold on to its lead position.
The global hyperscale data center market can be studied in terms of the regional segments of North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to hold the leading market share on account of expeditious uptake of cloud services from small, medium, and large enterprises and the upping demand for hyperscale data center architecture and solutions across several industries in the region. In this region, the booming IT and telecommunications industry has been contributing the maximum revenue to the market. However, the banking, financial services, and insurance industry is expected to surpass in terms of revenue contribution in the near future. Countries such as China, India, and Japan are at the fore driving demand for hyperscale data center in the region.
The report profiles leading players in the hyperscale data center market, which include Intel Corporation, Nlyte Software, Cisco Systems Inc., International Business Machines Corporation, Hewlett-Packard, Sandisk Corporation, and Ericsson.