Global Hyperscale Data Center Market is expected to reach USD XX Billion by 2026 from USD 33.46 Billion in 2018 at a CAGR of XX %.
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market.
KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the Global Hyperscale Data Center Market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Hyperscale Data Center Market.
The key driving factor for this market includes the data center operators face improved needs for scale-out data center architecture, that enables the scaling of precarious data center modules as and when the demand increases. Global Hyperscale Data Center Market solutions containing storage, server, networking, and software components can be added to an existing data center infrastructure as individual nodes to allow a massively scalable architecture. These solutions are driving the growth of the market as organizations are adopting them to cater to the increasing data center traffic.
Geographically, the Global Hyperscale Data Center Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The market in North America is anticipated to hold the largest market share. Owing to the presence of various developing countries and a rising number of data centers, the APAC region is expected to witness numerous opportunities in the Global Hyperscale Data Center Market.
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