Hyperscale Data Center Industry Report 2024: Market Poised for Growth with Emphasis on Sustainable Energy and AI Advancements - Global Outlook to 2029

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Mar 04, 2024, 11:00 ET

DUBLIN, March 4, 2024 /PRNewswire/ -- The "Global Hyperscale Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

This in-depth analysis reveals a market that was valued at USD 139.11 billion in 2022 and is expected to demonstrate robust growth at a compound annual growth rate (CAGR) of 5.92% over the next six years.

Key Market Insights:

A significant uptick in 5G coverage is set to steer hyperscale data center investments internationally, complemented by the escalating consumption of cloud computing services.
Favorable government incentives worldwide are attracting substantial investments in the sector, notably in regions such as the United States, Mexico, and the Netherlands.
Renewable energy utilization is becoming a cornerstone strategy among leading hyperscale data center companies, exemplified by Google's recent power purchase agreement for solar power in Texas.
The market is also witnessing a shift toward cutting-edge cooling techniques, including free cooling solutions and waterless cooling systems.

Segmentation Insights:

The report offers a detailed segmentation analysis of the market, covering critical areas like IT infrastructure, electrical infrastructure, mechanical infrastructure, and general construction. Each segment is further broken down, examining specifics such as server, storage, and network infrastructure, alongside UPS systems, generators, and various cooling techniques.

Trends and Opportunities:

Growing reliance on artificial intelligence (AI) and big data continues to drive demand for hyperscale data centers capable of managing expansive datasets with high computational power. Additionally, deployment of IoT solutions and advancements in automation and intelligent monitoring solutions are offering new avenues for growth within the global market.

Geographical Analysis:

Regions such as North America and APAC dominate the hyperscale data center landscape with significant investment concentrations. Europe is not far behind, with burgeoning activity in established markets and emerging nations alike. Moreover, the Middle East and Africa are displaying robust signs of market participation, with South Africa leading the charge in the latter region.

Vendor Landscape:

The report touches upon the challenges and advancements vendors face in this rapidly evolving market. From green initiatives to the integration of automated systems, the data center market is witnessing a transformative era. The vendor landscape section provides insights into key IT infrastructure providers, support infrastructure providers, contractors, and investors who are shaping the hyperscale data center market's competitive dynamics.

The report aims to answer pivotal questions regarding the market's magnitude, growth trajectory, power capacity expectations, and leading players. It provides stakeholders, industry executives, and interested parties with a detailed roadmap, highlighting the potential strategies and technological advancements that are set to define the hyperscale data center market's future.

Market Opportunities & Trends

Rising Adoption of Artificial Intelligence
Growing Procurement of Big Data & IoT Solutions
Automation & Intelligent Monitoring Solutions
Sustainable & Innovative Data Center Technologies
Rising Demand for Cloud-based Services

Market Growth Enablers

Rising Submarine & Inland Connectivity
Surging Mergers & Acquisitions and Joint Ventures in the Industry
Data Center Investments Backed by Governments
Renewable Energy Initiatives by Hyperscale & Cloud Operators

Market Restraints

Obstacles in Choosing a Site for Data Center Development
Data Center Growth Hindered by Security Challenges
Lack of Skilled Workforce and Discrimination Issues
Supply Chain Disruptions Hampering Growth
Concerns Over Carbon Emissions from Data Centers

Vendor Landscape

Key Data Center IT Infrastructure Providers

Cisco Systems
Dell Technologies
Hewlett Packard Enterprise (HPE)
Huawei Technologies
IBM
Inspur

Other Prominent IT Infrastructure Providers

Arista Networks
ATOS
Broadcom
Juniper Networks
Lenovo
NetApp
Extreme Networks
Fujitsu
Hitachi Vantara
Inventec
Micron Technology
Mitac Holdings
NIMBUS Data
Oracle
Pivot3
Pure Storage
Quanta Cloud Technology (Quanta Computer)
Seagate Technology
Supermicro
Synology
Toshiba
Violin (StorCentric)
Western Digital
Wistron (WIWYNN)

Key Data Center Support Infrastructure Providers

ABB
Caterpillar
Cummins
Delta Electronics
Eaton
Legrand
Rolls-Royce
Schneider Electric
STULZ
Vertiv

Other Data Center Support Infrastructure Providers

Airedale
Alfa Laval
Asetek
Assa Abloy
Bloom Energy
Carrier
Condair
Cormant
Cyber Power Systems
Daikin Applied
Data Aire
Delta Electronics
EAE
Enlogic
FNT Software
Generac Power Systems
Green Revolution Cooling (GRC)
HITEC Power Protection
Honeywell International
Johnson Controls
KOHLER
KyotoCooling
Mitsubishi Electric
Munters
Nlyte Software (Carrier)
Natron Energy
NetZoom
Panduit
Piller Power Systems
Riello Elettronica (Riello UPS)
Siemens
Trane (Ingersoll Rand)
Tripp Lite
Yanmar (HIMOINSA)
ZincFive
3M

Key Data Center Contractors

AECOM
DPR Construction
Holder Construction
Jacobs
M+W Group (Exyte)
Bouygues Construction
Mercury

Other Data Center Contractors

Arup
Aurecon Group
BENTHEM CROUWEL ARCHITECTS
Cap Ingelec
Corgan
DAR Group
Deerns
DSCO Group
Edarat Group
Faithful+Gould
Fluor Corporation
Fortis Construction
Gensler
Gilbane Building Company
HDR
ISG
Kirby Group Engineering
KKCG Group
Laing O'Rourke
Larsen & Toubro (L&T)
Linesight
Mace
Morrison Hershfield
Mortenson
NTT Facilities
Red
Royal HaskoningDHV
Sterling and Wilson (Shapoorji Pallonji Group)
STO Building Group
Syska Hennessy Group
Turner Construction
Winthrop Engineering and Contracting

Key Data Center Investors

Apple
Amazon Web Services (AWS)
CyrusOne
Digital Realty
Equinix
Facebook (META)
Google
Keppel Data Centres
Microsoft
NTT Global Data Centers
ST Telemedia Global Data Centres
Vantage Data Centers

Other Data Center Investors

21Vianet
Africa Data Centres
Bharti Airtel (Nxtra Data)
AirTrunk Operating
Aligned
atNorth (Partners Group)
pl
Big Data Exchange
Bridge Data Centres
Canberra Data Centers
Chayora
Chindata
CloudHQ
ClusterPower
Cologix
Compass Datacenters
COPT Data Center Solutions
CoreSite Realty
DataBank
DATA4
DigiPlex (IPI Partners)
EdgeConneX
Etisalat
Flexential
GDS Services
Global Switch
Green Mountain
Gulf Data Hub
HostDime
InterNexa
Iron Mountain
IXAfrica
IXcellerate
Moro Hub
NEXTDC
ODATA
Ooredoo
Orange Business Services
Paratus Namibia
QTS Realty Trust
Raxio Group
Rostelecom Data Centers
Scala Data Centers
Sify Technologies
SUNeVision (iAdvantage)
Tenglong Holdings Group
Telecom Egypt
T5 Data Centers
Turkcell
Wingu
Yondr
Yotta Infrastructure Solutions

New Data Center Investors

AdaniConneX
Cirrus Data Solutions
Data Center First
Hickory Group
Global Technical Realty
Kevlinx
Novva
Quantum Loophole
Stratus DC Management

For more information about this report visit https://www.researchandmarkets.com/r/tp7v7a

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