Market Research Future (MRFR) affirms that the hyper scale data centers market 2020 can touch an approximate valuation of USD 96 billion by 2023-end. MRFR also expects the market to procure a remarkable growth rate of 27% between 2017 and 2023 (evaluation period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been carefully studied, following which the report outlines the key developments post the coronavirus disease outbreak.
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Prominent leaders in the market are Cavium (US), Intel Corporation (US), Dell Inc. (US), Hewlett Packard Enterprise Development LP (US), Cisco Systems Inc. (US), Broadcom Ltd. (US), Lenovo Group Ltd (China), IBM Corporation (US), Huawei Technologies Co. Ltd (China), Ericsson (Sweden), Quanta Computer Inc. (Taiwan), and more.
The hyper scale data center market can be considered for solutions, type as well as vertical.
The categories depending on solutions include software, storage, service, and server.
The key types specified in the study are enterprises, colocation providers and cloud providers.
Vertical-based sections included in the report are retail, energy & utilities, government and defense BFSI, manufacturing, healthcare, media and entertainment, IT & Telecommunication, and more. Out of these, the IT & Telecom vertical owns the biggest share in the market, as a result of the expansion of re-architect data centers as well as IT services. BFSI also generates high revenue in the market owing to the intensifying competition across the financial sector, surge in consumer trends and rising need for fraud detection. These aspects are leading to higher consumption of hyper scale data centers for better efficiency.
The hyper scale data center industry can note significant opportunities coupled with the latest trends across the primary regions of Europe, APAC/Asia Pacific, North America, and RoW/Rest of the World.
North America is the apparent winner in the global market, given the increasing consumption of hyper scale data center solutions by diverse industries and the rising spending on these technologies. North America holds a massive number of IT giants that are growing more formidable in the hyper scale data center industry, thereby further fortifying the region’s prominence at a global level. The escalating deployment of cloud-based services and solutions can also encourage the market expansion in the region during the assessment period.
APAC’s favorable position in the global market is the result of the rapid expansion of the IT infrastructure across India and China, soaring demand for advanced technological services and the fact that the data traffic across industries is becoming more dense with time.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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