The global hyperscale computing market size reached USD 149.07 Billion in 2020 and is expected to register a revenue CAGR of 27.4%, during the forecast period, according to latest analysis by Emergen Research. Increasing penetration of internet of things (IoT) devices and rising adoption of bid data technology are some key factors driving global hyperscale computing market revenue growth. Increasing demand for data management, need for storage, and rapid retrieval due to ongoing IoT trend across various industries, verticals, and sectors are driving urgent need for and deployment of hyperscale computing. In recent years, majority of organizations have begun moving towards adoption of hyperscale IoT connectivity solutions where security, compliance, and cloud optimization operate under standard features, and this is expected to support growth of global hyperscale computing market going ahead. In addition, with ever-increasing demand for cloud computing solutions, the need for developing larger-scale data center infrastructure has significantly increased and this has resulted in an increase in the number of hyperscale data centers across the globe. Hyperscale increases ability of a data centers to achieve massive scale by networking with a large number of servers mainly for big data and cloud computing.With exponential increase in data volumes globally, there is increasing need to meet computing and storage requirements and to process those data in real-time and this is greatly facilitating rapid adoption of hyperscale computing. Rising adoption of hyperscale computing due to need for change in architecture and open source software is expected to propel growth of hyperscale computing market. Furthermore, most hyperscale service providers are bringing in more business transformations and innovations by developing hyperscale service platforms that have unique capabilities and are best suited for a particular business unit. Providers are also providing tailored solutions for certain industries. Thus, growing demand for these solutions and services is facilitating further developments and advancements acrosshyperscale data centers worldwide. In recent years, majority of market players are focusing on integrating hybrid cloud with Artificial Intelligence to personalize customer experience, aid in better decision making, and streamline operations. These developments and shifts are expected to continue to contribute to revenue growth of the global hyperscale computing market.
The latest report by Emergen Research, titled ‘Global Hyperscale Computing Market’, covers the current situation of the Hyperscale Computing market that has been gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the pandemic’s drastic impact on the global economy, including the severe disruptions to this business sphere. The coronavirus outbreak has beleaguered the Hyperscale Computing business landscape and posed severe threats to the developmental scope of various manufacturers and buyers involved in this sector. The report further discusses the profound impact of the global health crisis on the existing market scenario, accompanied by speculations about its post-COVID-19 scenario.
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The leading market contenders listed in the report are:
Microsoft Corporation, Amazon Web Services Inc., Cisco Systems Inc., Google LLC, Apple Inc., International Machine Business Corporation (IBM), Dell Technologies Inc., Celestica Inc., Intel Corporation, and Hewlett Packard Enterprise Co
Key reasons to buy the Global Hyperscale Computing Market report:
- The latest report comprehensively studies the global Hyperscale Computing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Hyperscale Computing Market
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solution
- Server
- Storage
- Networking
- Services
- Installation and Deployment
- Consultation
- Support Maintenance
- Solution
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Large Enterprises
- Small Medium-Sized Enterprises
Type Outlook (Revenue, USD Billion; 2018–2028)
- Cloud
- Data
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Regional Outlook of the Hyperscale Computing Market
The global Hyperscale Computing market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hyperscale Computing market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Hyperscale Computing Market report:
- The latest report comprehensively studies the global Hyperscale Computing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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