Hyperscale Datacenter Market Sales Figures and Analytical Insights Forecast 2022-2031

The hyperscale datacenter market is expected to grow at a CAGR of 24.25% over the forecast period . Hyperscale datacenters can be termed as a facility owned by the companies to offer cloud spaces for cloud computing and big data storage. It has at least 500 storage cabinets covering 10,000 Sq. Ft of space and has over 5,000 servers conected with an ultra-high-speed fiber network and offers with infrastructural cost to the end-user.

Over the years, there has been immense growth in the data center adoption across the industries for leveraging the power of cloud computing and adapt to the high volume of data generation. But the underutilization has been an issue in these datacenters, according to a study by James Hamilton, the power distribution and cooling systems cause 82% of the overall data center infrastructural cost. Advent to this, the underutilization of data center space cost the company with high CAPEX value. Recently, the larger-scale organizations have been emphasizing on reducing their CAPEX and OPEX, which is driving the adoption of hyperscale datacenters worldwide.
Moreover, Cisco has stated that the cloud data center traffic is expected to reach 19.5 zettabytes per year by 2021, while the traffic from the cloud will account for 95% of the overall datacenter traffic by the same year along with the increase in the big data and cloud computing across the industries. This is another significant factor fueling the hyperscale datacenter market.
However, the IT hyperscale infrastructure is very massive, which makes the traditional methods data traffic flow monitoring insufficient and are not cost-effective at the hyperscale level. Hence, the infrastructural and operational challenges for the companies is somewhere restricting the growth of the hyperscale datacenters market.

Scope of the Report

The scope of the study for hyperscale datacenter market has considered the companies offering hyperscale datacenters built by their own as well the IT hardware offering companies like IBM and Cisco offering hyperscale data centers for a wide range end-users across verticals globally.

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Key Market Trends

IT & Telecommunication Industry to Hold Largest Market Share

– IT organizations are inclining towards offering cloud-based services such as PaaS, IaaS, and SaaS to support business operations. The cloud-based services provide flexibility and ease of operations to lead the faster adoption of their offerings and are expected to grow further in the forecast period. The companies offering SaaS have been continuously making strategic partnerships with cloud providers to offer better customer offerings.
– For instance, in April 2019, Melius Group entered into a partnership with Cobalt iron to provide its Adaptive Data Protection SaaS solution to customers in Ireland and the UK. With the partnership, the company has planned for providing SaaS with reduced cost with complying all the levels of compliance and legislation requirements.
– Further, the increase in the number of smartphone and internet users across the world is estimated to fuel the adoption of hyperscale datacenters in the telecommunication industry. According to the World Internet Stats, the global internet users in 2018 grew by over 8% to reach 4.20 billion users from the previous year.
– Further, the telecommunication companies are strategically making moves to offer cheaper subscription plans to gain market share. Virgin Mobile introduced its yearly subscription plan to reduce the customer’s bill by 50% by providing three-month complimentary access to Netflix content, such initiatives resulting increase in data generation and storage infrastructure requirement and are expected to drive hyperscale datacenter adoption.

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North America Region to Dominate the Market

– The overall GDP of the United States is over USD 18 trillion, in which digital economy contributes over 7.1% to it. By the end of 2018, this digital economy included over 345.66 million internet user in the country. Also, the data center industry in the region is significantly growing due to rapidly increasing IT and Telecommunication industry. According to the Cloudscene, the region consists of total 2,647 data centers, of which only 204 data centers are in Canada.
– The companies in the region are extensively investing in AI infrastructure, which demands the need for immediate processing of the vast amount of data being acquired on a real-time basis. Also, the governments in the region are taking initiatives to adopt upcoming technologies. In February 2019, the US government announced the Artificial Intelligence Initiative to prioritize AI investments in research and development, increase access to federal data and models for that research and prepare workers to adapt to the era of AI.

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