Market Insight : Hyperscale Data Center Market Globally Grow at a CAGR of 11.12% by 2021
A data center is a centralized facility used for data computing, processing, and storage. A data center consists of networking equipment; high-performance servers; storage arrays; and supporting services, such as powering and cooling solutions. A hyperscale data center is more like a customized data center that has wider racks and requires more space compared with a traditional data center. Hyperscale data centers are designed based on the storage requirement. With the evolution of cloud computing and increased use of big data analytics, there is a greater need to construct more data centers that can cater to the growing computing requirements of enterprises.
Technavios analysts forecast the global hyperscale data center market to decline at a CAGR of (11.12%) during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hyperscale data center market for 2017-2021. To calculate the market size, the report considers the revenue generated from the spending on critical infrastructure and support infrastructure by vendors in the market. The total market size is calculated by adding the investments in critical and support infrastructure.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Hyperscale Data Center Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amazon Web Services
Google
Microsoft
Facebook
Other prominent vendors
Apple
Baidu
China Telecom
China Unicom
CyrusOne
Digital Realty
Equinix
Global Switch
OVH
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Market driver
Adoption of cloud-based storage by enterprises
For a full, detailed list, view our report
Market challenge
Consolidation of data centers
For a full, detailed list, view our report
Market trend
Construction of green data centers
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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