Hyperscale Data Center Market Trend Will Be Fueled by Rise in the Adoption of Cloud Computing and Online Services

The Hyperscale Data Center Market is expected to grow at a steady pace in Singapore owing to the growing demand for high-performance electrical designs and continuous connectivity. Hyperscale cloud and colocation providers are significantly gaining importance in the region. Companies, such as Alibaba, Baidu, and Microsoft, are constructing the hyperscale facilities in Asia Pacific, due to the growing demand for these services in several IT facilities. These factors are anticipated to drive the overall hyperscale data center market growth over the coming years.
Several companies are constructing the hyperscale facilities for the large availability of data storage and enhanced networking & connectivity. With changing data storage requirements, the industry is witnessing a growing demand for cloud computing services. As cloud computing provides several benefits such as enhanced scalability, efficiency, and flexibility and requires high computational power, several large enterprises are shifting toward hyperscale facilities that can provide these benefits. These mega facilities are increasingly being adopted by several large companies, such as Google, Microsoft, Amazon, and IBM, driving the hyperscale data center market.
Increasing energy efficiency, server density, and application performance are helping companies to reduce the Total Cost of Ownership (TCO). In the hyperscale data center market, traditional networking servers are extensive management tools and include storage networks computing management, blade systems, and network switches, among others. The complexity and cost of this equipment are anticipated to be major barriers for businesses and enterprises to meet the TCO, product performance, and efficiency requirements.
However, easy-to-use management and open-source software tools are being incorporated into the networking equipment, aiding in removing the hardware component usage and reducing the consumer costs. Factors such as reduced operating expenditures and high operating efficiency are anticipated to drive the hyperscale data center market demand over the forecast timespan.
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The global annual IP traffic is anticipated to cross the two-zettabyte threshold with video content accounting for more than 75% of the global consumer internet traffic. Several web service providers are constructing and using the hyperscale facilities to process, transcode, and ingest videos, which will have a substantial impact on the hyperscale data center market growth over the coming years.
The IT & telecom sector accounted for the majority of the industry share owing to the rise in the demand for the video and mobile services. With the increase and advent of several IT services, the amount of data to be stored and managed is increasing rapidly. Several IT & telecom operators are investing heavily in these facilities to expand their market share in the untapped regions, thereby providing an impetus to the hyperscale data center market.
Hyperscale cloud service providers are significant in driving the demand for infrastructure services in Asia Pacific. There is a demand for leased infrastructure services in Singapore from the gaming, e-commerce, and software application segment verticals. The hyperscale data center market is expected to grow at a steady pace in Singapore owing to the growing demand for high-performance electrical designs and continuous connectivity. Hyperscale cloud and colocation providers are significantly gaining importance in the region.
Companies, such as Alibaba, Baidu, and Microsoft, are constructing the hyperscale facilities in Asia Pacific, due to the growing demand for these services in several IT facilities. These factors are anticipated to drive the overall hyperscale data center market growth over the coming years.
The major players operating in the hyperscale data center market include Dell, Inc., Huawei Technologies Co., Ltd., Quanta Computer, Inc, NVIDIA Co., Lenovo Group Ltd., Intel Corporation, Broadcom Ltd., Cisco System, Inc., Telefonaktiebolaget LM Ericsson, Cavium, Hewlett-Packard Enterprise, IBM Corporation, and Sandisk LLC, among others. The market is highly competitive, where the major players are competing in terms of increase in digital data, customer base, and the need for high computation power. Intense competition prevails in the hyperscale data center market, where several enterprises are trying to have the most effective and efficient facilities for their businesses to sustain in an intensely competitive environment.