Technavio has been monitoring the hyperscale data center market and it is poised to grow by USD 62.89 bn during 2020-2024, progressing at a CAGR of over 21% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Hyperscale Data Center Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Construction of green data centers is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 16.85% and the incremental growth of the market is anticipated to be $ 62.89 bn.
Who are the top players in the market?
Alphabet Inc., Amazon.com Inc., Apple Inc., Cisco Systems Inc., Equinix Inc., Facebook Inc., Global Switch Holdings Ltd., Intel Corp., Marvell Technology Group Ltd., Microsoft Corp., and NVIDIA Corp., are some of the major market participants.
What is the key market driver?
The surge in cloud adoption is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 34% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple Inc., Cisco Systems Inc., Equinix Inc., Facebook Inc., Global Switch Holdings Ltd., Intel Corp., Marvell Technology Group Ltd., Microsoft Corp., and NVIDIA Corp. are some of the major market participants. The surge in cloud adoption will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Hyperscale Data Center Market 2020-2024: Segmentation
Hyperscale Data Center Market is segmented as below:
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Hyperscale Data Center Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The hyperscale data center market report covers the following areas:
Hyperscale Data Center Market Size
Hyperscale Data Center Market Trends
Hyperscale Data Center Market Industry Analysis
This study identifies the construction of green data centers as one of the prime reasons driving the hyperscale data center market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Hyperscale Data Center Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist hyperscale data center market growth during the next five years
Estimation of the hyperscale data center market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the hyperscale data center market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of hyperscale data center market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Infrastructure
Comparison by Infrastructure
Critical infrastructure - Market size and forecast 2019-2024
Support infrastructure - Market size and forecast 2019-2024
Market opportunity by infrastructure
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Cisco Systems Inc.
Global Switch Holdings Ltd.
Marvell Technology Group Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200921005449/en/