Market Size – USD 39.41 Billion in 2019, Market Growth – at a CAGR of 22.5%, Market Trends –Growing demand for decreasing operational expenditure
The global hyperscale data centers market is forecast to reach a market size of USD 203.05 Billion by 2027, and register a significantly high revenue growth rate over the next seven years, according to a latest report by Reports and Data. Hyperscale data centers are transforming the global IT landscape, moving data from on-premises computer centralized data center hubs that provide economies of scale, and allowing hyperscale data centers to quickly scale-out server capacity. As a result, hyperscale data centers are garnering substantial investment from companies such as Google, Microsoft, Amazon, and Facebook. In 2018, capital expenditures on hyperscale data centers by the 20 largest hyperscale providers across the world increased by 43.0% to around USD 120 Billion. Furthermore, investors across the globe are investing significantly into hyperscale data centers, due to strong belief in a long-term growth prospect in digital infrastructure.
The COVID-19 impact:
Hyperscale data centers market witnessed a setback amid the COVID-19 pandemic, which was a key factor resulting in production and procurement delays till June 2020, and in postponement in construction of hyperscale data centers due to lack of workforce and supply chain disruptions. The pandemic has also affected new hyperscale data center projects that were expected to start post-Q2 2020.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3765
Further key findings in the report
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/hyperscale-data-centers-market
For the purpose of this report, Reports and Data has segmented the global hyperscale data centers market on the basis of offering, industry vertical, end-use, and region:
Find more research reports on Telecom and Networking Industry, by Reports And Data:
Optical Divider Market Size, Share & Analysis, By Type (Fused Biconical Taper Splitters, Planar Lightwave Circuit Splitters), By Application (Private Enterprise/Data Centers, Passive Optical Network, Cable TV, Harsh Environment, Fiber Optic Test), and Region, Forecast To 2027
Network Security Market Size, Share & Trends Analysis By Product (Risk and Compliance Management, Unified Threat Management (UTM), Security Incident Management, Identity and Access Management (IAM), Encryption, Intrusion Prevention System), By Service (Professional Service, Managed Service), By Deployment Type (Cloud, On-Premise), By Industry Vertical, By Region, Forecast To 2027
About Reports and Data
Reports and Data. Is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/press-release/global-hyperscale-data-centers-market