Hyperscale Data Center Market is expected to reach USD 449.24 Bn by 2030, as per Maximize

(IT-NEWSWIRE.COM, October 04, 2024 ) Hyperscale Data Center Market was valued at USD 87.63 Bn in 2023 and is expected to reach USD 449.24 Bn by 2030, at a CAGR of 26.30 % during the forecast period.

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The significant growth of hyperscale data centers in North America is mainly driven by the wide acceptance of cloud computing services in different industries. The move of businesses to the cloud is on the rise, leading to the need for creating hyperscale infrastructure to meet the increasing need for storage, processing power, and connectivity. The continued efforts to digitize various sectors like finance, healthcare, retail, and manufacturing are increasing the demand for flexible and scalable data center solutions.

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Hyperscale Data Center Market Segmentation

by Component

● By Solution

○ Server

○ Storage

○ Networking

○ Software

● By Service

○ Consulting

○ Installation and deployment

○ Maintenance and support

by Industry

● Banking, Financial Services, and Insurance (BFSI)

● Research and Academics

● Retail

● Manufacturing

● Media & Entertainment

● IT & Telecom

● Government & Defence

● Healthcare

● Others

by Data Center Size

● Small and Medium Size Data Centers

● Large Data centers

by End-User

● Colocation Providers

● Cloud Providers

● Enterprises

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Key Players

1. Dell Inc (Texas)

2. Hewlett Packard Enterprise Development LP (Houston)

3. Amazon Web Services (AWS) - United States

4. Microsoft Azure - United States

5. Google Cloud Platform (GCP) - United States

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Hyperscale Data Center Market is expected to reach USD 449.24 Bn by 2030, as per Maximize