The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Hyperscale Data Centers Global Market Report 2024 offers crucial insights into the hyperscale data centers market help businesses analyse and build stronger strategies.

The hyperscale data centers market has witnessed substantial growth in recent years, with a surge from $92.85 billion in 2023 to $108.13 billion in 2024, representing a remarkable Compound Annual Growth Rate (CAGR) of 16.5%. The historical boom can be attributed to the proliferation of cloud computing, the expansion of internet services, a data explosion, and a focus on energy efficiency.

Continued Growth on the Horizon
As we look ahead, the hyperscale data centers market is poised for continued expansion, with an anticipated size of $204.92 billion by 2028, boasting a CAGR of 17.3%. The forecasted growth is fueled by escalating data volumes, the proliferation of edge computing, the rise of cloud services, and the increasing integration of artificial intelligence (AI) and machine learning.

Major Trends in the Forecast Period

• Cloud Computing Dominance: Cloud computing is expected to maintain its stronghold, influencing the hyperscale data centers market.
• AI and Machine Learning: The integration of AI and machine learning will be a major driving force in the industry’s evolution.
• Hybrid and Multi-Cloud Strategies: Organizations are likely to adopt hybrid and multi-cloud strategies for enhanced flexibility and efficiency.
• Software-Defined Data Centers (SDDCs): The shift towards SDDCs will be a pivotal trend, reflecting a dynamic and software-centric approach.

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Surge In Internet Users Drives Demand For Hyperscale Data Center
The escalating number of internet users globally has led to a substantial increase in data generation. For instance, a Statistics Canada survey revealed a surge in internet usage among Canadians aged 15 and older, reaching 95% in 2022. This surge, coupled with faster wireless internet access, is a significant driver for the hyperscale data centers market.

Key Players

Major companies operating in the hyperscale data centers market include:

• NVIDIA Corporation
• Cisco Systems Inc.
• Telefonaktiebolaget LM Ericsson
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation (IBM)
• Hewlett-Packard Company
• Dell Inc.
• Orange Business Services
• Cavium Inc.
• Lenovo Group Ltd.
• Intel Corporation
• Cologix Inc.
• Cyxtera Technologies Inc.
• Zayo Group Holdings Inc.
• CenturyLink Inc.
• AT&T Inc.
• Verizon Communications Inc.

Hyperscale Data Center Companies Invest In New Sustainable Facilities
Leading hyperscale data center companies are strategically investing in new facilities to gain a competitive edge. Notably, Scala Data Centers introduced SGRUTB05, the second-largest vertical data center in Latin America, exclusively powered by certified renewable energy. With a focus on sustainability and efficiency, SGRUTB05 is designed to operate with a remarkable Power Usage Effectiveness (PUE) of less than 1.4.

Key Features of SGRUTB05

• Renewable Energy: The data center is exclusively powered by certified renewable energy.
• Impressive Capacity: SGRUTB05 adds 6 MW of IT capacity to the Tamboré Campus, making it a significant addition to the largest data center complex in Latin America.
• Innovation in Design: The facility stands 35.5 meters high with five floors, three dedicated to data halls, offering a high density of approximately 400 racks with nearly 9 MW of total power.

Market Segmentation

The hyperscale data centers market is segmented based on various factors:

1. By Type:
   • Cloud Providers
   • Colocation Providers
   • Enterprises
2. By Component:
   • Solution
   • Service
3. By Application:
   • Manufacturing
   • Government Utilities
   • BFSI
   • IT & Telecommunication
   • Healthcare
   • Energy

Asia-Pacific Leading the Charge
In 2023, the Asia-Pacific region emerged as the largest in the hyperscale data centers market. Projections indicate that Asia-Pacific will continue to be the fastest-growing region during the forecast period, reflecting the region’s increasing importance in driving the industry’s evolution.

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The Hyperscale Data Centers Global Market Report 2024  provides a comprehensive outlook of the hyperscale data centers market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hyperscale data centers market forecast offers a thorough analysis on hyperscale data centers market size, hyperscale data centers market share, prominent players and their strategies.

The Table Of Content For The Hyperscale Data Centers Market Include:
1. Hyperscale Data Centers Market Executive Summary
2. Hyperscale Data Centers Market Segments
3. Hyperscale Data Centers Market Size And Hyperscale Data Centers Market Growth Rate
4. Key Hyperscale Data Centers Market Trends
5. Major Hyperscale Data Centers Market Drivers
……
25. Key Mergers And Acquisitions In The Hyperscale Data Centers Market
26. Top Hyperscale Data Centers Companies
27. Hyperscale Data Centers Market Opportunities And Strategies
28. Hyperscale Data Centers Market, Conclusions And Recommendations
29. Appendix

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