The North America hyperscale data center market is predicted to grow substantially over the coming years due to the increased interest of global companies such as Amazon, Facebook, and Google to establish and expand their business base in the region. Rapid urbanization and technological adoption are the major factors that are attracting these multinational companies to set up their large-scale facilities here. Moreover, the increased business competition in the region makes it necessary for global businesses to serve their customers effectively with better infrastructure technologies, augmenting the hyperscale data center market. Microsoft Corporation established mega facilities in Illinois, Washington, and Texas. Similarly, Facebook has its IT facilities in Oregon, Iowa, and North Carolina.
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Pertaining to rapid technological advancements in IT & telecom sectors and the shift towards cloud infrastructure, hyperscale data center market has garnered commendable mainstream appreciation recently. Companies are nowadays relying more on cloud computing services as they offer several advantages such as enhanced application performance, efficiency, scalability & flexibility. However, this shift has led to high demand for computational power owing to which enterprises are increasingly outsourcing their data to third-party data centers in a bid to avoid investing on expensive hardware and thereby enhance business profitability.
In addition, with more data distribution and greater demand for IT consumerization, organizations are constantly demanding enhanced resources and data center bandwidth, leading to growing pressure on data centers to expand their storage offerings. For instance, the Cisco Global Cloud Index 2015-2020 reports estimate that, by 2020, hyperscale data centers will house around 47% of all the data center servers and 57% of all stored data in these centers. Moreover, increasing demands for online streaming services like Netflix, Amazon Prime and more will proliferate data traffic trends, further supplementing the growth of hyperscale data center market.
The global hyperscale data center market stands to gain much from the IT & telecom sector, given that the industry is witnessing growing adoption of the large-scale infrastructure facilities due to the increase in data generation and storage requirement. Nowadays telecom operators are offering flexible and affordable internet plans to users to gain a competitive lead over rivals, which in turn has led to an increase in data traffic.
Thus, this rapid increase in data generation has encouraged businesses to introduce a highly efficient and scalable IT environment with high computing power, which in consequence, would have a major impact on hyperscale data center industry size from the IT & telecom sector. The emergence of commercial 5G technology is expected to add further momentum to the global hyperscale data center market.
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The rapid upsurge in data-centric applications and cloud-based services coupled with the continued growth in data traffic, are certain to result in robust demand for hyperscale data centers. Traffic congestion on aging network infrastructure is also resulting in downtimes, reduced capacity, service interruptions and degradation of delivery quality – further signifying a spate of growth opportunities for hyperscale data center market contenders.
Some Points From Table Of Content: –
Chapter 4. Hyperscale Data Center Market, By Component
4.1. Key trends by component
4.2.1. Market estimates and forecast, 2015 – 2025
22.214.171.124. Market estimates and forecast, 2015 – 2025
126.96.36.199. Market estimates and forecast, 2015 – 2025
4.2.4. IT racks & enclosures
188.8.131.52. Market estimates and forecast, 2015 – 2025
4.2.5. LV/MV distribution
184.108.40.206. Market estimates and forecast, 2015 – 2025
4.2.6. Networking equipment
220.127.116.11. Market estimates and forecast, 2015 – 2025
18.104.22.168. Market estimates and forecast, 2015 – 2025
4.3.1. Market estimates and forecast, 2015 – 2025
4.3.2. Installation & deployment
22.214.171.124. Market estimates and forecast, 2015 – 2025
4.3.3. Maintenance & support
126.96.36.199. Market estimates and forecast, 2015 – 2025
4.3.4. Monitoring services
188.8.131.52. Market estimates and forecast, 2015 – 2025
Chapter 5. Hyperscale Data Center Market, By End-Use
5.1. Key trends by end-use
5.2. Cloud providers
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Colocation providers
5.3.1. Market estimates and forecast, 2015 – 2025
5.4.1. Market estimates and forecast, 2015 – 2025
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