Hyperscale Computing Market Size Analysis, Industry Outlook, & Region Forecast, 2021-2028
One of the main drivers propelling the growth of the global hyperscale computing market’s revenue is the growing adoption of IoT and big data technologies.
According to the most recent analysis by Emergen Research, the size of the worldwide hyperscale computing market reached USD 149.07 billion in 2020 and is projected to grow at a revenue CAGR of 27.4% during the forecast period. Internet of things (IoT) device adoption and bid data technology acceptance are two major reasons boosting the worldwide hyperscale computing market’s revenue growth.
High performance computing (HPC), standardisation, automation, and high availability are characteristics of hyperscale computing, which is a distributed infrastructure. Hyperscale computing also describes the infrastructure and provisioning needed in data centres and other distributed computing environments to support thousands of virtual machines (VMs) and hundreds of physical servers, allowing for an efficient scaling from a few to hundreds of servers. Typically, large data and cloud computing systems require hyperscale computing.
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The COVID-19 epidemic has had a variety of negative effects on the world economy, including disruptions to supply chains and the market for hyperscale data centres. It has also had a financial impact on both large and small businesses and financial markets. This has had a significant impact on both the marketing environment and the global economy. In addition, the COVID-19 pandemic has increased stress on the global economy, affecting not just traditional sectors like IT & telecom and BFSI but also the global digital economy. In order to recover in the post-pandemic world and provide cloud-based services, businesses and industries must expand their investments in cloud infrastructure and core technologies with trusted hyperscale computing resources. smart answers to aid the digital transformation.
As it expands into a wider enterprise market, hyperscale computing necessitates a hardware architecture that is unique from typical data centres. Virtual LANs and software are used instead of hardware and storage networks, respectively, in the hyperscale computer infrastructure. The flexibility to implement with thousands of virtual machines, low cost investment with minimal configuration, and horizontal scalability leading in increased performance and high availability allow businesses to acquire a competitive edge.
Hyperscale Computing Market Competitive Landscape
Microsoft Corporation, Amazon Web Services Inc., Cisco Systems Inc., Google LLC, Apple Inc., International Machine Business Corporation (IBM), Dell Technologies Inc., Celestica Inc., Intel Corporation, and Hewlett Packard Enterprise Co.
Hyperscale Computing Market Segmentation
Emergen Research has segmented the global hyperscale computing market on the basis of component, organization size, type, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Installation and Deployment
Support & Maintenance
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small & Medium-Sized Enterprises
Type Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
IT & Telecommunication
Retail & E-Commerce
Government & Defense
Research & Academics
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