Hyperscale Data Center Market is expected to garner $71.2 billion by 2022, registering a CAGR of 20.7 % during the forecast period 2016 - 2022.
Portland, OR -- (SBWIRE) -- 06/26/2017 -- Allied Market Research has recently published a report on the global hyper-scale data center industry, which is an in-depth analysis of the entire market for the analysis period 2014–2022. The report is an extensive overview of the market and highlights the key driving factors, restraints, opportunities, and challenges faced by the main players engaged in the market. It analyzes the application of these data centers across various industry domains and verticals. The report profiles the major market players working in the industry, along with a close scrutiny of their business performances, marketing strategies, and SWOT analyses. The data is supported with the help of vital statistics and charts & figures, which enable a clear understanding of the industry.
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The global hyperscale data center market report highlights the profitable growth of the industry in the given analysis period. According to the study, the entire market is expected to reach a value of $71.2 billion by the year 2022. This will be exhibited by a projected CAGR of 20.7% during the period 2016–2022. The report goes into depth about the increase in operational complexities by enterprises have heralded a larger demand from consumers, who prefer hyperscale models rather than traditional data centers.
Key Findings of Hyperscale Data Center Market:
- There has been a rise in the demand for higher energy efficiency and an exponential increase in the big data content, which are expected to drive the pace of advancements in the hyperscale data center market.
- Among all user applications, it is the BFSI sector that is projected to be the highest revenue-generating segment by 2019.
- Key sectors, such as healthcare, manufacturing, and government utilities are expected to witness an upsurge in the adoption of hyperscale data center, from 2016 to 2022.
- The North American region accounted for nearly 37% of the total market revenue in 2015, thus making it the highest revenue-generating region.
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The key players in the hyperscale data center network market are expanding the scope of their business operations in the developing countries by including innovative solutions in their product offerings. The report includes a detailed competitive analysis of the major market players including Intel Corporation, Nlyte Software, Sandisk Corporation, Avago Technologies, Cisco Systems, Inc., Hewlett-Packard, Ericsson, Cavium, Inc., International Business Machines Corporation, and Mellanox Technologies, Inc.
The study is a comprehensive study of the hyper scale data center market. It enables the interested business owners and individuals understand the market scenario with the help of critical industry insights. The detailed explanation of the drivers and opportunities entailed the investors to easily comprehend how to be a part of the market's growth. The hyperscale data center market report takes a closer look at the inclination of various segments and their participation in the global industry, by gauging the market's potential. The geographical synopsis of the industry portrays the market presence in various emerging countries and ample opportunities for growth in such markets. For those planning to expand their reach and product lines, the report offers more than just critical insights.
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