Hyper Scale Data Center Market Forecast(2021 - 2026)
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• The global Hyper Scale Data Center Market is estimated to surpass $104.2 billion mark by 2026 growing at an estimated CAGR of more than 16.5% during the forecast period 2021 to 2026. • Hyper scale data center is a facility owned and operated by the company it supports. This includes colocation providers such as AWS, Microsoft, Google, and Apple. • They offer robust, scalable applications and storage portfolio of services to individuals or businesses. Data are becoming increasingly important in any sector and each every bit of that is stored. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • The rise of hyperscale data centers is because of rising data that is collected by many companies which has to be processed and stored for the further process. Increasing usage has influenced companies like Amazon Web Services, Google, Microsoft, Facebook, and Apple to invest significant amounts. • Increased number of users in the BFSI & Telecom industries is demanding the need for the hyperscale data center for information storage. Increased digitalization is major key for the data accumulation. • North America is expected to dominate the market in the forecasted period. This growth is attributed with increased usage of OTT and gaming, as US ranks highest in usage of OTT platform Netflix. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis The Hyper Scale Data center market is segmented based on the applications such as BFSI, healthcare, retail, education, gaming and ondemand entertainment. On demand entertainment content have seen tremendous growth and digitalisation at 20.1% CAGR through 2026. Rise in the BFSI sector has accelerated the growth of Hyper Scale Data Center market as well. Swift increase in customers and regulatory measure towards the financial inclusion measures are the major driving factors for the growth of IT business and BFSI, this in turn improves the market growth of Hyper Scale Data Center Market. Due to increasing competitive nature of the market the financial institutions has to provide the services easy and quick way to the customer thereby driving market demand. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Hyper Scale Data Center Market Industry Outlook • Amazon • Microsoft • Alphabet • Facebook • Alibaba • Cisco • Hewlett Packard • Intel Corporation • Broadcom • IBM Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Hyper Scale Data Center Market - Forecast(2021 - 2026) Learn More About the Report
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