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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Hyperscale Data Center Market Size to exceed $65bn by 2024.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Hyperscale Data Center Market Size to exceed $65bn by 2024."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Hyperscale Data Center Market Size to exceed $65bn by 2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rise in the demand for big data and cloud computing solutions in distributed computing environments is expected to drive the hyperscale data center market. Rapid increase in data traffic is the major challenge for organizations to store, manage and retrieve the massively growing data. The companies are adopting cloud computing solutions for its increased benefits such as flexibility, reduced IT expenses, scalability, collaboration efficiency and access to automatic updating and storage of large volume of data. Rapid increase in business data is encouraging the large enterprises to invest heavily in IT expansion. For instance, in August 2018, Google announced its plan to expand its data center in Singapore to scale up capacity and meet increasing demand for services. In addition, the company will invest USD 600 million to expand its South Carolina facility. The growing popularity of cloud-based infrastructure and investments to expand the product portfolio are contributing in hyperscale data center market growth.  The demand for rack-based Power Distribution Units (PDUs) is growing rapidly in the hyperscale data center market due to their high availability and high-power ratings features. These PDUs can be incorporated with all types of rackmount equipment without interrupting the power supply. It helps organization to reduce power consumption, thereby enhancing the efficiency of an IT facility. Key Insights from Hyperscale Data Center Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued… Increase in adoption of cloud-based services and rapid growth in smartphone and social media users in Asia Pacific is expected to drive the hyperscale data center market growth. The number of smartphone users is expected to cross 6 billion by 2025 with countries such as India, China, South Korea, Taiwan, and Indonesia being the major contributors. Businesses in the region are adopting data-intensive applications such as IoT, data analytics, AI services which needs high amount of data and large capital investments. Several companies are constructing hyperscale facilities to reduce their capital and operational expenses. For instance, in February 2019, CtrlS announced its plan to build hyperscale facility in India to handle the complexity of exploring data and the increasing demand on IT service. In the hyperscale data center market, IT & telecom sector accounted for over 45% of the industry share and is witnessing high adoption of the large-scale infrastructure facilities owing to the increase in data generation and storage requirement. Telecom operators are offering flexible internet or data plans, which is driving the data traffic. The rapid increase in data generation is encouraging the businesses to implement highly scalable and efficient IT environment with high computing power, thereby accelerating the hyperscale data center market growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Hyperscale Data Center Market @ https://www.gminsights.com/industry-analysis/hyperscale-data-center-market https://www.gminsights.com/industry-analysis/hyperscale-data-center-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2594

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com UK hyperscale data center market, by solution, 2018 & 2025 (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Broadcom Ltd. Cavium Inc. Cisco Systems Inc. Dell Inc. Huawei Technologies Co. Ltd. IBM Corporation Intel Corporation Lenovo Group Ltd. Microsoft Corporation NVIDIA Corporation Sandisk LLC Schneider Electric SE Major Companies in Hyperscale Data Center Market:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The Western European and Nordic markets are experiencing high demand for hyperscale data centers owing to the easy availability of renewable energy sources, land for development, tax incentives, strengthening fiber connectivity and reduction in electricity cost. These factors are helping cloud service providers to focus on constructing more hyperscale data center in Western Europe. For instance, In June 2018, Google announced its plan to launch its hyperscale data center in the Netherlands due to the availability of sustainable energy sources which will help to lower the energy costs for data centers. In October 2018, Alibaba expanded its cloud computing business in the UK and Germany. Such initiatives will contribute to the hyperscale data center market growth in Western Europe & Nordic region. Regional Insights in Hyperscale Data Center Market:

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