Hyperscale data centers provide high performance computing infrastructure for large-scale computing workflows and data-centric workloads that are rapidly growing with the increasing adoption of cloud computing services and applications globally. Hyperscale data center infrastructure includes multiple power distribution units (PDUs), cooling systems, and racks of servers that are commonly used by large technology companies to power their cloud, social media, e-commerce, and other online services.

The global hyperscale data center market is estimated to be valued at US$ 87.87 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising demand for cloud-based services has been a major driver of growth in the hyperscale data center market. As more organizations move to the cloud to improve scalability, reduce IT costs, and increase flexibility, the amount of data being stored and processed in hyperscale facilities has increased exponentially. Hyperscale operators are increasingly focusing on building cloud regions across the world to position their infrastructure closer to end users and improve performance. This global expansion of cloud footprints is driving significant investment in new hyperscale data center development. Additionally, the growth of applications like artificial intelligence, big data analytics, and internet of things is generating huge volumes of data that require high-performance computing infrastructure, thereby fueling the need for hyperscale facilities.

Segment Analysis
The global Hyperscale Data Center market is dominated by the IT infrastructure segment, which accounts for over 30% share of the total market. This is because Hyperscale facilities require large amount of advanced servers, storage, networking devices and other IT infrastructure equipment to handle high volumes of user traffic and data. Within IT infrastructure, the server sub-segment dominates as a large number of physical and virtual servers are required to power the computing and applications hosted on hyperscale platforms.

Key Takeaways
The Global Hyperscale Data Center Market Size is expected to witness high growth over the forecast period. Growth will be driven by increasing demand for cloud computing from various industries as well as expanding mobile internet user base globally.

Regional analysis: North America currently dominates the hyperscale data center market with a share of over 35% owing to strong presence of leading hyperscale operators such as Google, Facebook, Amazon and Microsoft in the region. However, Asia Pacific is expected to be the fastest growing regional market during the forecast period supported by significant infrastructure investments by hyperscale providers to meet growing digital needs in countries such as China and India. Countries like India, China, Singapore are emerging as attractive investment destinations for hyperscale facilities due to availability of inexpensive land and electricity as well as tax incentives provided by local governments.

Key players operating in the Hyperscale Data Center market are Weather Modification International, North American Weather Consultants, Seeding Operations and Atmospheric Research (SOAR), National Center for Atmospheric Research (NCAR), Aquiess, Ice Crystal Engineering, Weather Modification, Inc., Meteo Systems, Atmospheric Systems Corporation, Snowy Hydro Limited, Sinopec Group, Fujian Shaowu Cloud Seeding General Office, Oman Power and Water Procurement Company (OPWP), Beijing Weather Modification Office, Desert Research Institute (DRI).

Get more insights on this topic:
https://www.dailyprbulletin.com/hyperscale-data-center-market-forecast/