(Companies: Digital Reality, NTT and Global Switch)
The global hyperscale data centres market was valued at about $20.62 billion in 2018. Asia Pacific is forecasted to register the highest CAGR during 2018-2023. The hyperscale data centers industry includes companies that have distributed data warehouses that focus on maintaining the scalability of the data along with managing a large amount of data. Hyperscale data centers operate in buildings or dedicated space within a building, or a group of buildings that house computer systems and related components, such as telecommunications and storage systems on large scale with thousands of individual servers operating together through a high-speed network.
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The global hyperscale data centres market (https://www.thebusinessresearchcompany.com/report/hyperscale-data-centres-global-market-report) is expected to grow to $44.77 billion at a rate of approximately 21.4% through 2022. The increase in the number of internet users increases the amount of data that is generated and needs to be managed and stored by hyperscale data centers. According to Internet World Stats, the number of internet users has increased by 175% over the last decade, with almost 56% of the world population using the internet in 2019 as opposed to 28% in 2009. Increased numbers of internet users and faster wireless internet access drive the demand for hyperscale data centers.
However, hyperscale data centers require a continuous supply of high power in order to process and store the data.
The major players operating in hyperscale data market are investing to find alternatives to meet their high power requirements for existing and new facilities across the globe to reduce their carbon footprint. The leading data center providers are purchasing clean, renewable energy sources.
Major players in the market are Digital Reality, NTT and Global Switch. Global Switch is a leading owner, operator and developer of large scale, carrier and cloud neutral multi-customer data centres across Europe and Asia-Pacific.
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