According to a new report, published by KBV research, The Global Hyperscale Computing Market size is expected to reach $177.2 billion by 2028, rising at a market growth of 21.4% CAGR during the forecast period.
The Big Data segment is showcasing a CAGR of 21.6% during (2022 - 2028). The segment's expansion is attributable to rapid digitalization, increased use of content delivery systems, e-commerce, social media, web 2.0, and software platforms. They are producing massive amounts of data, which makes it necessary to increase infrastructure needs to increase server density, energy efficiency, and application performance. The wider use of predictive analysis, the construction of data lakes, the accessibility of new data sources, and the usage of sophisticated big data tools are some of the rising trends for big data.
The Large Enterprises segment acquired maximum revenue share in the Global Hyperscale Computing Market by Enterprise Size in 2021 thereby, achieving a market value of $115 billion by 2028. High availability, redundancy, and horizontal scalability are essential elements of hyperscale design. Performance and throughput are anticipated to be improved by these enhancements. Large enterprises are given a potent tool for managing an agile business by well-designed apps and an effective hyperscale architecture, which enables them to gain a competitive edge.
The Service segment has shown the growth rate of 23.5% during (2022 - 2028). The segment is seeing an increase in demand for hyperscale computing services due to the rising inclusion of artificial intelligence (AI) as well as machine learning (ML) for operator augmentation, automation, and analytics. In addition, good cooperation between software supplier businesses and managed services is promised by the industry's services sector. By maximizing client needs and lowering operating costs, this software's premise increases customer happiness across a range of industry verticals, including IT & telecommunication, energy & utilities, and healthcare, which boosts the number of existing customers.
The IT & Telecom segment is leading the Global Hyperscale Computing Market by End-Use in 2021 thereby, achieving a market value of $43.1 billion by 2028. Because of its advantages, such as streamlined management, increased operational efficiency, less downtime, easier data backups, and scalability, IT and telecom firms are increasingly using hyperscale computing. The demand for digital transformation is expanding, and cloud-native systems are becoming more widely used. Additionally, as communication technologies like social media, the Internet, 4G, and 5G continue to progress, designing these networks with effective processing power, enhanced flexibility, and high bandwidth density is more important than ever.
The North America market dominated the Global Hyperscale Computing Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $61.8 billion by 2028. The Europe market is exhibiting a CAGR of 21.1% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 22.2% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/hyperscale-computing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Amazon Web Services, Inc. (Amazon.com, Inc.), Hewlett Packard Enterprise Company (HP Development Company L.P.), Intel Corporation, Microsoft Corporation, Google LLC (Alphabet, Inc.), Oracle Corporation, Dell Technologies, Inc., Alibaba Cloud (Alibaba Group Holding Limited), Viavi Solutions, Inc., and Server Technology, Inc. (Legrand Group).
By Application
By Enterprise Size
By Component
By End-Use
By Geography
Companies Profiled
Unique Offerings 
