User Type (Cloud, Colocation, Enterprise)
The global hyperscale data center market is segmented and analyzed for demand and supply by user type into cloud, colocation, and enterprise. Out of the three types of users hyperscale data centers, the cloud segment is estimated to gain the largest market share of about 58% in the year 2037. The growth of the segment can be attributed to the rising growth in the field of cloud computing as it facilitates data backup, disaster recovery, software development and testing, big data analytics, and many other advantages to large and small enterprises worldwide. For instance, it was observed that cloud computing spending rose by 35% year-over-year in 2021. The spending in 2020 was recorded to be around USD 140 billion whereas it reached around USD 191.5 billion in 2021. Moreover, over 50% of enterprises are expected to use industry cloud platforms to accelerate their business initiatives by 2027. Hence, all these factors are anticipated to boost the segment growth in the upcoming years.
Solution (Software, Storage, Server)
The global hyperscale data center market is also segmented and analyzed for demand and supply by solution into software, storage, and server. Amongst these three segments, the server segment is expected to garner a significant share of around 46% in the year 2037, owing to the increasing focus placed by digital businesses on achieving optimized workload management with speed, agility, and security without having to deal with the challenges of training, integration and deployment, support, and maintenance. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.
Our in-depth analysis of the global market includes the following segments:
By Solution |
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By User Type |
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By Industry |
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Author Credits: Abhishek Verma
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