The global hyperscale computing market is anticipated to grow at a CAGR of 21.4% during the forecast period. The need for cloud-based solutions is fueled by the rise in technological use and consumer preference for the cloud. Due to this technology, the user can obtain the data remotely. Additionally, as organizations become more aware of how critical it is to save money and resources by moving their data to the cloud, the demand for cloud-based solutions is expanding. Several companies leveraged the increasing demand for hyperscale computing. For instance, Amazon Web Services (AWS) offers a wide range of services and solutions to enable businesses to scale their operations rapidly. Its flagship service, Amazon Elastic Compute Cloud (EC2), allows users to rent virtual servers in the cloud, providing the flexibility and scalability needed to meet changing computational requirements. These benefits have led to a greater adoption of cloud-based solutions by large enterprises, and small and medium-sized enterprises.
Browse the full report description of “Hyperscale Computing Market Size, Share & Trends Analysis Report by Type (Solution and Service), by Enterprise Size (Large Enterprises, and Small and Medium Enterprises), by Application (Cloud Computing, Big Data, and IoT), by end-user (BFSI, IT and Telecom, Media and Entertainment, Retail and E-Commerce, and Healthcare) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/hyperscale-computing-market
With the rising demand for cloud computing market players adopted various strategies including mergers and acquisitions, partnerships, funding, collaborations, and new product launches to stay competitive in the market. For instance, in October 2022, Intel collaborated with Google Cloud, a cloud computing services platform by Google. The collaboration includes teaming up to develop a new chip intended to improve data centers' efficiency and safety. In June 2022, Google Cloud came into partnership with Exabeam, a US-based developer of a security intelligence platform. The partnership involves developing hyperscale cloud-native SIEM and Cybersecurity analytics offerings.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o Component
o Enterprise Size
o Application
o End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Amazon Web Services, Inc., Dell Technologies, Inc, Hewlett Packard Enterprise Development LP, Intel Corp., Server Technology, Inc, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Hyperscale Computing Market Report Segment
By Type
By Enterprise Size
By Application
By End-User
Global Hyperscale Computing Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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