REPORT HIGHLIGHT
Hyperscale Computing Market size was valued at USD 51,459.5 Million in 2022, expanding at a CAGR of 21.7% from 2023 to 2030.
To handle exceedingly high workloads and data volumes, computing resources can be scaled massively in a process known as hyperscale computing. It entails creating and running data centers that can meet the requirements of contemporary applications and services in terms of processing power, storage capacity, and networking.
Hyperscale Computing Market- Market Dynamics:
Increasing trends of big data, cloud computing is expected to propel the Hyperscale Computing demand.
Hyperscale computing has grown enormously because of cloud computing's widespread use. To supply its customers with scalable and on-demand computing resources, cloud service providers rely on hyperscale infrastructure. The desire for scalable infrastructure and business cloud migration are driving further growth in the hyperscale computing market. Across all sectors, businesses are implementing digital transformation efforts to boost customer experiences, increase operational effectiveness, and innovate their business models. By offering the computing power and storage space needed to handle massive digital workloads, hyperscale computing is essential in assisting these projects. For high-performance computing applications including scientific research, weather forecasting, financial modelling, and simulations, hyperscale computing is crucial.
In comparison to developing and operating their own data centers, enterprises can save money by using hyperscale computing since it offers economies of scale. Businesses can get scalable computing infrastructure without a capital outlay by utilizing the resources of hyperscale providers.
Hyperscale Computing Market- Key Insights:
- As per the analysis shared by our research analyst, the global Hyperscale Computing market is estimated to grow annually at a CAGR of around 21.7 % over the forecast period (2023-2030)
- The Hyperscale Computing industry is projected to grow at a significant rate due to the growing focus on consumer electronics.
- Based on Application Type, cloud computing segment was predicted to show maximum market share in the year 2022.
- Based on End User, IT & telecom segment is expected to hold significant market share by 2030.
- Based on Component segmentation, software segment was the leading in 2022
- On the basis of region, North America was the leading revenue generator in 2022.
Hyperscale Computing Market- Segmentation Analysis:
The Global Hyperscale Computing Market is segmented on the basis of Component, Application, End User, and Region.
The market is divided into two categories based on Component: software and service. The software segment dominates the market. Growing demand for cloud-based software system is contributing to market growth.
The market is divided into four categories based on Application Type: cloud computing, big data, IoT, and others. The cloud computing segment dominates the market. Increasing number of investments in cloud-based solutions is influencing the market growth.
The market is divided into three categories based on End User: IT & telecom, retail, BFSI, healthcare, and others. The IT & telecom segment dominates the market. In IT & telecom hyperscale computing is widely used for managing data sources, which is increasing the segment growth.
Hyperscale Computing Market- Geographical Insights:
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Hyperscale Computing Market- Competitive Landscape:
Due to the increasing adoption cloud computing across the globe, which influence the Hyperscale Computing market. Software developers, including corporate websites, and Application types, are used by businesses to sell their products and services. Product or technology providers compete on various factors, such as advanced technology, and marketing. reputation, and availability. Some of the primary techniques, and strategies used by corporations to consolidate their reach and grow their market share include new software development, R&D expenditure, developing its distribution network and mergers & acquisitions. Some of the recent developments are mentioned below.
Recent Developments:
In February 2023, Microsoft corporation introduced hyperscale computing for Azure SQL database management.
Key features of the study:
- This proposed research study on Hyperscale Computing market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
- The report provides the client the latest up-to-date and trending insights about the Hyperscale Computing market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Hyperscale Computing market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Hyperscale Computing market
- Impact of COVID-19 on Hyperscale Computing market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Hyperscale Computing market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Hyperscale Computing market, we have also included competitive landscape and key innovator analysis for the Hyperscale Computing market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial in Component and strategic initiatives of players operating in the Hyperscale Computing market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Hyperscale Computing market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL HYPERSCALE COMPUTING MARKET KEY PLAYERS
- Amazon Web Services (AWS)
- Microsoft
- Google
- IBM
- Alibaba
- Oracle
- Tencent Corporation
- Baidu
- Apple
- Hewlett Packard Enterprise (HPE)
- Dell Technologies
- Cisco Systems
- Intel Corporation
- NVIDIA Corporation
- Super Micro Computer, Inc.
GLOBAL HYPERSCALE COMPUTING MARKET, BY COMPONENT
GLOBAL HYPERSCALE COMPUTING MARKET, BY APPLICATION
- Cloud Computing
- Big Data
- IoT
- Others
GLOBAL HYPERSCALE COMPUTING MARKET, BY END USER
- IT & telecom
- Retail
- BFSI
- Healthcare
- Others
GLOBAL HYPERSCALE COMPUTING MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA