Hyperscale Data Center Market Size, Growth & Industry Forecast, 2030
The global Hyperscale Data Center Market will grow from USD 162.79 billion in 2024 to USD 608.54 billion by 2030 at a compounded annual growth rate (CAGR) of 24.6% during the forecast period.
The hyperscale data center market is expanding rapidly due to the frequent incorporation of AI and ML technologies. Hyperscale data centers address extensive data and compute workloads, allowing for top-level...
Hyperscale Data Center Market to be Majorly Driven by the Rising Data Center Traffic in the Coming Years
With the rising adoption of cloud computing, the need for more storage space has also increased. Cloud companies actively investing in hyperscale data centers have largely influenced the business model for server makers. Hyperscale data center finds usage in various applications in industries like IT & telecom, BFSI, government utilities, healthcare, energy, and manufacturing, among others. The...