DUBLIN, March 4, 2024 /PRNewswire/ — The “Global Hyperscale Data Center Market – Outlook & Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
This in-depth analysis reveals a market that was valued at USD 139.11 billion in 2022 and is expected to demonstrate robust growth at a compound annual growth rate (CAGR) of 5.92% over the next six years.
Key Market Insights:
A significant uptick in 5G coverage is set to steer hyperscale data center investments internationally, complemented by the escalating consumption of cloud computing services.Favorable government incentives worldwide are attracting substantial investments in the sector, notably in regions such as the United States, Mexico, and the Netherlands.Renewable energy utilization is becoming a cornerstone strategy among leading hyperscale data center companies, exemplified by Google’s recent power purchase agreement for solar power in Texas.The market is also witnessing a shift toward cutting-edge cooling techniques, including free cooling solutions and waterless cooling systems.
Segmentation Insights:
The report offers a detailed segmentation analysis of the market, covering critical areas like IT infrastructure, electrical infrastructure, mechanical infrastructure, and general construction. Each segment is further broken down, examining specifics such as server, storage, and network infrastructure, alongside UPS systems, generators, and various cooling techniques.
Trends and Opportunities:
Growing reliance on artificial intelligence (AI) and big data continues to drive demand for hyperscale data centers capable of managing expansive datasets with high computational power. Additionally, deployment of IoT solutions and advancements in automation and intelligent monitoring solutions are offering new avenues for growth within the global market.
Geographical Analysis:
Regions such as North America and APAC dominate the hyperscale data center landscape with significant investment concentrations. Europe is not far behind, with burgeoning activity in established markets and emerging nations alike. Moreover, the Middle East and Africa are displaying robust signs of market participation, with South Africa leading the charge in the latter region.
Vendor Landscape:
The report touches upon the challenges and advancements vendors face in this rapidly evolving market. From green initiatives to the integration of automated systems, the data center market is witnessing a transformative era. The vendor landscape section provides insights into key IT infrastructure providers, support infrastructure providers, contractors, and investors who are shaping the hyperscale data center market’s competitive dynamics.
The report aims to answer pivotal questions regarding the market’s magnitude, growth trajectory, power capacity expectations, and leading players. It provides stakeholders, industry executives, and interested parties with a detailed roadmap, highlighting the potential strategies and technological advancements that are set to define the hyperscale data center market’s future.
Market Opportunities & Trends
Rising Adoption of Artificial IntelligenceGrowing Procurement of Big Data & IoT SolutionsAutomation & Intelligent Monitoring SolutionsSustainable & Innovative Data Center TechnologiesRising Demand for Cloud-based Services
Market Growth Enablers
Rising Submarine & Inland ConnectivitySurging Mergers & Acquisitions and Joint Ventures in the IndustryData Center Investments Backed by GovernmentsRenewable Energy Initiatives by Hyperscale & Cloud Operators
Market Restraints
Obstacles in Choosing a Site for Data Center DevelopmentData Center Growth Hindered by Security ChallengesLack of Skilled Workforce and Discrimination IssuesSupply Chain Disruptions Hampering GrowthConcerns Over Carbon Emissions from Data Centers
Vendor Landscape
Key Data Center IT Infrastructure Providers
Cisco SystemsDell TechnologiesHewlett Packard Enterprise (HPE)Huawei TechnologiesIBMInspur
Other Prominent IT Infrastructure Providers
Arista NetworksATOSBroadcomJuniper NetworksLenovoNetAppExtreme NetworksFujitsuHitachi VantaraInventecMicron TechnologyMitac HoldingsNIMBUS DataOraclePivot3Pure StorageQuanta Cloud Technology (Quanta Computer)Seagate TechnologySupermicroSynologyToshibaViolin (StorCentric)Western DigitalWistron (WIWYNN)
Key Data Center Support Infrastructure Providers
ABBCaterpillarCumminsDelta ElectronicsEatonLegrandRolls-RoyceSchneider ElectricSTULZVertiv
Other Data Center Support Infrastructure Providers
AiredaleAlfa LavalAsetekAssa AbloyBloom EnergyCarrierCondairCormantCyber Power SystemsDaikin AppliedData AireDelta ElectronicsEAEEnlogicFNT SoftwareGenerac Power SystemsGreen Revolution Cooling (GRC)HITEC Power ProtectionHoneywell InternationalJohnson ControlsKOHLERKyotoCoolingMitsubishi ElectricMuntersNlyte Software (Carrier)Natron EnergyNetZoomPanduitPiller Power SystemsRiello Elettronica (Riello UPS)SiemensTrane (Ingersoll Rand)Tripp LiteYanmar (HIMOINSA)ZincFive3M
Key Data Center Contractors
AECOMDPR ConstructionHolder ConstructionJacobsM+W Group (Exyte)Bouygues ConstructionMercury
Other Data Center Contractors
ArupAurecon GroupBENTHEM CROUWEL ARCHITECTSCap IngelecCorganDAR GroupDeernsDSCO GroupEdarat GroupFaithful+GouldFluor CorporationFortis ConstructionGenslerGilbane Building CompanyHDRISGKirby Group EngineeringKKCG GroupLaing O’RourkeLarsen & Toubro (L&T)LinesightMaceMorrison HershfieldMortensonNTT FacilitiesRedRoyal HaskoningDHVSterling and Wilson (Shapoorji Pallonji Group)STO Building GroupSyska Hennessy GroupTurner ConstructionWinthrop Engineering and Contracting
Key Data Center Investors
AppleAmazon Web Services (AWS)CyrusOneDigital RealtyEquinixFacebook (META)GoogleKeppel Data CentresMicrosoftNTT Global Data CentersST Telemedia Global Data CentresVantage Data Centers
Other Data Center Investors
21VianetAfrica Data CentresBharti Airtel (Nxtra Data)AirTrunk OperatingAlignedatNorth (Partners Group)plBig Data ExchangeBridge Data CentresCanberra Data CentersChayoraChindataCloudHQClusterPowerCologixCompass DatacentersCOPT Data Center SolutionsCoreSite RealtyDataBankDATA4DigiPlex (IPI Partners)EdgeConneXEtisalatFlexentialGDS ServicesGlobal SwitchGreen MountainGulf Data HubHostDimeInterNexaIron MountainIXAfricaIXcellerateMoro HubNEXTDCODATAOoredooOrange Business ServicesParatus NamibiaQTS Realty TrustRaxio GroupRostelecom Data CentersScala Data CentersSify TechnologiesSUNeVision (iAdvantage)Tenglong Holdings GroupTelecom EgyptT5 Data CentersTurkcellWinguYondrYotta Infrastructure Solutions
New Data Center Investors
AdaniConneXCirrus Data SolutionsData Center FirstHickory GroupGlobal Technical RealtyKevlinxNovvaQuantum LoopholeStratus DC Management
For more information about this report visit https://www.researchandmarkets.com/r/tp7v7a
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