Hyperscale Data Center Market Predicted to Reach $20,646 Million by 2022
Summary
Increasing adoption of hyperscale data centers owing to technological advancements, such as open compute projects and energy efficiency, has changed the business models for various end users.Leading companies profiled in the report are Intel Corporation, Nlyte Software, Sandisk Corporation, Avago Technologies, Cisco Systems Inc., Hewlett-Packard, Ericsson, Cavium Inc., IBM, and Mellanox Technologies, Inc. View Detailed Summary of this report at: https://www.alliedmarketresearch.com/hyperscale-data-center-market Portland, OR, April 07, 2017 --( PR.com )-- Hyperscale data centers are most widely adopted by cloud service providers to house cloud-based resources and cloud services, accounting for a market share of around 63% in 2015.The enterprises segment is expected to generate a notable revenue of $7,095.2 million by 2022 growing at a CAGR of 27.7% during the forecast period.Among the various industry applications, IT & telecom was the largest contributor, accounting for around 26% share in 2015.With rise in cloud computing, social media, big data, online gaming, and other online applications, there is a constant need for enhanced IT infrastructure that caters to the ever-increasing demand for resources; a factor that further supplements the demand for hyperscale data centers.Key players adopt competitive strategies, such as acquisition, product launch, and agreement & partnership, to consolidate their market presence.For instance, in February 2016, Mellanox Technologies, Ltd., a supplier of end-to-end interconnect solutions for data center servers and storage systems, announced its partnership with Nutaxi to provide a user-friendly and fully converged solution for compute, storage, and networking to enterprise customers.Key Findings of Hyperscale Data Center Market:• The rising demand for higher energy efficiency and increasing big data content are expected to drive the developments and advancements in the hyperscale data center market.• BFSI is likely to be the highest revenue-generating segment by 2019.• Increased adoption of hyperscale data centers is anticipated to be witnessed across key sectors such as healthcare, manufacturing, and government utilities from 2016 to 2022.• In 2015, North America was the highest revenue-generating region, constituting nearly 37% of the total market revenue.Leading companies profiled in the report are Intel Corporation, Nlyte Software, Sandisk Corporation, Avago Technologies, Cisco Systems Inc., Hewlett-Packard, Ericsson, Cavium Inc., IBM, and Mellanox Technologies, Inc.View Detailed Summary of this report at: https://www.alliedmarketresearch.com/hyperscale-data-center-market Contact Information Allied Market Research Dhananjay Potle 503 894 6022 http://www.alliedmarketresearch.com/ 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1 (855) 711-1555 (U.S. & Canada) Fax: +1 (855) 550-5975 Click here to view the list of recent Press Releases from Allied Market Research Promote Your Business Press Release Pricing Email this page to a friend