The hyperscale data center market is expected to record commendable growth owing to robust technological advancements and innovations in power UPS, DCIM and cooling systems. Companies specializing in hyperscale data centers are offering advanced solutions that enable businesses to reduce their overall carbon footprint and adopt sustainable business practices. Cooling technologies and DCIM solutions provided by such companies enable businesses to effectively manage their overall IT operations.
Estimates indicate remarkable opportunities for hyperscale data center manufacturers as to increasing investments and establishment of mega facilities for managing customer’s IT requirements. Several hyperscale data center firms are developing new solutions and advanced technologies to meet client demands. For example, in 2017, leading data protection firm, Commvault announced its collaboration with Cisco’s UCS (Unified Computing System) to launch ScaleProtect, an integrated solution for managing secondary data, combining the advanced features of UCS with the Commvault HyperScale Software.
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Organizations are increasingly preferring cloud-based services such as Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Software as a Service (SaaS) to support their business operations. It is the ease and flexibility of such service that led to their fast adoption in the mainstream, which is estimated to keep growing in the coming years. Recently, Melius Group inked a cloud service provider agreement with Cobalt Iron to offer its Adaptive Data Protection SaaS enterprise solution to customers in the UK and Ireland. The increasing demand for cloud-based services paired with the rising number of smartphone and internet users will continue to boost hyperscale data center market growth over 2019-2025.
In addition to IT, the telecom industry is also one of the major industries driving the data center boom, and would be responsible for fueling the hyperscale data center market share. Major telecom firms are forced to adapt to the changing technology landscape in order to keep up with the ever-increasing demand, as the growing number of smartphone users are necessitating the requirement of better and more flexible data plans.
For example, Virgin Mobile is letting its yearly plans subscribers cut their mobile bill in half along with 3-months complimentary access to the world’s leading streaming service Netflix. Owing to the rapid increase in data generation and storage requirement from such plans, businesses have been working to lay the groundwork for enough infrastructure. The telecom & IT sector contributed to 45% of the hyperscale data center market share in 2018.
The demand for large-scale infrastructure facilities will continue to grow in the years ahead due to increase in data generation and storage requirement. The aging 3G carrier infrastructure is slowly being phased out by the 4G LTE networks and with the emergence of 5G networks companies would require more scalable and efficient IT environment. Therefore, the spate of telecommunications companies enhancing their IT infrastructure in order to serve a wider customer base will boost the hyperscale data center market growth in the future.
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Major Key Points from Table of Content:
Chapter 5. Hyperscale Data Center Market, By End-Use
5.1. Key trends by end-use
5.2. Cloud providers
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Colocation providers
5.3.1. Market estimates and forecast, 2015 – 2025
5.4.1. Market estimates and forecast, 2015 – 2025
Chapter 6. Hyperscale Data Center Market, By Application
6.1. Key trends by application
6.2.1. Market estimates and forecast, 2015 – 2025
6.3.1. Market estimates and forecast, 2015 – 2025
6.4. IT & telecom
6.4.1. Market estimates and forecast, 2015 – 2025
6.5. Entertainment & media
6.5.1. Market estimates and forecast, 2015 – 2025
6.6.1. Market estimates and forecast, 2015 – 2025
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