Pune, India, July 11, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, North America hyperscale data center market size is slated to reach a valuation of USD 20 billion by the end the year 2027.
To enable high-quality decision-making and significant returns during investments, the report thoroughly covers several market segmentations, such as component type, deployment model, and application spectrum, while also highlighting the geographical outlook and competitive landscape. This ensures improved decision making and high profitability among investors and stakeholders looking to venture into this business domain.
Rising demand for IoT based devices, growing emphasis on processing large volumes of digital data through high computing power, technological advancements, surging data traffic due to rapid urbanization, and mounting usage of connected and wearable technologies are some of the prime factors fueling the demand for hyperscale data center across North America.
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Impact of Coronavirus outbreak
The COVID-19 pandemic had slowed the growth of the hyperscale data center market in North America in the first half of 2020, as several industries were forced to close due to a lack of workers and raw materials. During this time, however, the online retailing platforms flourished at a rapid pace as demand for modern technologies like as online shopping, banking, and e-learning platforms soared.
This in turn created a surge in demand for hyperscale data centers during the pandemic to manage the growing volume of data. Thus, although Coronavirus outbreak had a negative impact on the global economy, North America hyperscale data center industry managed to witness commendable growth.
Outlining the market segmentation
Based on the component type, the maintenance and support services may observe a modest CAGR through 2027, owing to organizations’ cost-effective efforts to improve hardware uptime and reliability. Furthermore, these solutions can keep an IT infrastructure flexible so that it can respond quickly to changing business needs, which in turn is fueling the segmental size.
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Moving on to the deployment model, the cloud service providers segment is expected to hold a majority share of North America hyperscale data center industry by 2027, ascribed to ability of cloud computing solutions to render data more easily, further allowing businesses to be more efficient and productive.
Beneficial attributes of cloud computing such as security and storage management, flexible deployment, low cost of ownership, high-level processing, and utility-based sharing modules all help to improve business performance, thereby facilitating the business outlook in North America.
Summarizing the regional outlook
The U.S. and Canada are the key growth avenues for North America hyperscale data center market participants. Rapid development of reliable and cutting-edge technologies to offer high-quality services is likely to benefit the growth trajectory of this business vertical across the two countries.
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North America Hyperscale Data Center Market by Component Type (Revenue, USD Billion, 2017-2027)
- Cooling
- Solution
- IT racks & enclosures
- Service
- Power
- Monitoring Services
- LV/MV distribution
- DCIM
- Networking Equipment
- Maintenance & Support
- Installation & Deployment
North America Hyperscale Data Center Market by Deployment Model (Revenue, USD Billion, 2017-2027)
- Cloud Providers
- Colocation Providers
- Enterprises
North America Hyperscale Data Center Market Application Spectrum (Revenue, USD Billion, 2017-2027)
- Government
- BFSI
- Retail & e-Commerce
- IT & Telecom
- Entertainment & media
- Others
North America Hyperscale Data Center Market Geographical Landscape (Revenue, USD Billion, 2017-2027)
- U.S.
- Canada
North America Hyperscale Data Center Market Competitive Sphere (Revenue, USD Billion, 2017-2027)
- Western Digital Corporation
- Telefonaktiebolaget LM Ericsson
- Schneider Electric SE
- Nvidia Corporation
- Nlyte Software
- Microsoft Corporation
- Marvell Technology Group Ltd.
- Lenovo Group Limited
- Intel Corporation
- IBM Corporation
- Huawei Technologies Co. Ltd.
- Equinix Inc.
- Dell Inc.
- Corning Incorporated
- Cisco Systems Inc.
- Broadcom Ltd.
- Amazon Web Services Inc.
- Alphabet Inc.
- ABB Ltd.
Table of Content
Chapter 1 Methodology and Scope
1.1 Scope and Definitions
1.2 Research methodology
1.3 COVID-19 impact
1.4 List of data sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Market Snapshot
2.1 North America hyperscale data center market snapshot
2.1.1 Regional trends
2.1.2 Component trends
2.1.3 End use trends
2.1.4 Application trends
Chapter 3 North America Hyperscale Data Center Market Trends
3.1 Industry coverage
3.2 Industry size, 2017- 2027
3.3 Impact of COVID-19 pandemic
3.4 Value chain analysis
3.4.1 Company product snapshot
3.5 Innovation landscape
3.6 Regulatory norms & directives
Chapter 4 North America Hyperscale Data Center Market, By Component
4.1 North America hyperscale data center market share, by component, 2020 & 2027
4.2 Solution
4.2.1 Market estimates and forecast, 2017 - 2027
4.2.2 Cooling
4.2.2.1 Market estimates and forecast, 2017 - 2027
4.2.3 IT racks & enclosures
4.2.3.1 Market estimates and forecast, 2017 - 2027
4.2.4 Power
4.2.4.1 Market estimates and forecast, 2017 - 2027
4.2.5 LV/MV distribution
4.2.5.1 Market estimates and forecast, 2017 - 2027
4.2.6 Networking equipment
4.2.6.1 Market estimates and forecast, 2017 - 2027
4.2.7 DCIM
4.2.7.1 Market estimates and forecast, 2017 - 2027
4.3 Service
4.3.1 Market estimates and forecast, 2017 - 2027
4.3.2 Installation & deployment
4.3.2.1 Market estimates and forecast, 2017 - 2027
4.3.3 Maintenance & support
4.3.3.1 Market estimates and forecast, 2017 - 2027
4.3.4 Monitoring services
4.3.4.1 Market estimates and forecast, 2017 - 2027
Chapter 5 North America Hyperscale Data Center Market, By Deployment Model
5.1 North America hyperscale data center market share, by deployment model, 2020 & 2027
5.2 Cloud providers
5.2.1 Market estimates and forecast, 2017 - 2027
5.3 Colocation providers
5.3.1 Market estimates and forecast, 2017 - 2027
5.4 Enterprises
5.4.1 Market estimates and forecast, 2017 - 2027
Chapter 6 North America Hyperscale Data Center Market, By Application
6.1 North America hyperscale data center market share, by application, 2020 & 2027
6.2 BFSI
6.2.1 Market estimates and forecast, 2017 - 2027
6.3 Government
6.3.1 Market estimates and forecast, 2017 - 2027
6.4 IT & Telecom
6.4.1 Market estimates and forecast, 2017 - 2027
6.5 Entertainment & media
6.5.1 Market estimates and forecast, 2017 - 2027
6.6 Retail & e-commerce
6.6.1 Market estimates and forecast, 2017 - 2027
6.7 Others
6.7.1 Market estimates and forecast, 2017 - 2027
Chapter 7 North America Hyperscale Data Center Market, By Region
Related Report:
Europe Hyperscale Data Center Market Forecast 2027, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Europe hyperscale data center market forecast may cross $25 billion by 2027. The COVID-19 pandemic had a mild effect on the regional industry as many sectors were temporarily closed due to severe shortage of raw materials and manpower. Europe hyperscale data center market share will grow at a strong pace due to the extensive penetration of digitization. Urbanization has played an important role in boosting the number of e-commerce businesses in recent years, ultimately powering the trends of online shopping and mobile wallets. Hyperscale data centers can efficiently handle large amounts of digital data. Moreover, sectors, such as e-commerce and retail have become aware of the importance and benefits of adopting advanced data management solutions, which will foster the deployment of hyperscale data centers.
Asia Pacific Hyperscale Data Center Market Forecast 2027, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Asia Pacific hyperscale data center market value is likely to surpass $10 billion by 2027. The COVID-19 pandemic had a positive impact on the growth of the regional industry as the demand for digital payment platforms grew tremendously during this period. The growing volume of digital datasets in sectors like BFSI and the need to efficiently manage the same will positively affect Asia Pacific hyperscale data center market forecast. End-users in the BFSI sector are introducing a wide variety of advanced technologies, such as digital payments and mobile banking to cater to the high demand for convenient and fast-paced platforms among customers to carry out their financial transactions. However, the adoption of these technologies significantly increases the volume of digital data generated every day. Therefore, it becomes imperative to install hyperscale data centers to effectively store, maintain, and process these datasets. The BFSI sector is also heavily investing in a robust yet reliable data center infrastructure and is increasing its focus on implementing cloud solutions as they are flexible and cost-effective.
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