North America Hyperscale Data Center Market To Witness Accelerated Growth by 2027 - PowerPoint PPT Presentation

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North America Hyperscale Data Center Market To Witness Accelerated Growth by 2027

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North America Hyperscale Data Center Market To Hit USD 20 Bn By 2027. The rising data traffic due to urbanization and the need for efficient systems to manage and process massive volumes of data will foster North America hyperscale data center market share. The regional population is using connected devices and wearable technologies on a large scale, which has increased the need to store, process, and access data on a real-time basis. – PowerPoint PPT presentation

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Title: North America Hyperscale Data Center Market To Witness Accelerated Growth by 2027


1

North America Hyperscale Data Center Market is
predicted to witness over 14 CAGR by 2027
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  • North America Hyperscale Data Center Market To
    Hit USD 20 Bn By 2027. The rising data traffic
    due to urbanization and the need for efficient
    systems to manage and process massive volumes of
    data will foster North America hyperscale data
    center market share. The regional population is
    using connected devices and wearable technologies
    on a large scale, which has increased the need to
    store, process, and access data on a real-time
    basis.
  • IoT-based devices are being highly demanded by
    enterprises across the region to improve their
    overall visibility and offer them actionable
    insights. This has driven the need for high
    computing power to rapidly process the large
    volume of digital data being generated by these
    businesses, thereby fueling the deployment of
    hyperscale data centers.
  • The COVID-19 pandemic had a slight impact on the
    growth of North America hyperscale data center
    industry during the first half of 2020. Several
    industries were forced to shut shop due to lack
    of adequate manpower and raw materials. However,
    the e-commerce sector grew at a substantial rate
    during this period as the demand for advanced
    technologies, such as online shopping, banking,
    and e-learning platforms saw a notable surge.
  • This scenario increased the virtual data traffic,
    making it difficult for organizations to manage
    and process such large volumes of critical
    information. Therefore, the need to install
    hyperscale data centers grew at a strong pace as
    they can store, process, and manage massive
    quantities of information and can offer high data
    security.

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4

North America hyperscale data center market size
from maintenance and support services may observe
a steady CAGR through 2027. One of the major
reasons for this is the cost-effective
maintenance support services offered by
companies to enhance hardware uptime and
reliability. These solutions can maintain
flexibility of an IT infrastructure to facilitate
a rapid response to unique business needs. For
instance, Amazon Web Services supervises and
carries out preventive maintenance activities to
ensure that all the electrical and mechanical
equipment stay in an operational state. Mechanics
search for the slightest problems in the
electrical devices and rectify them immediately
to prevent the disruption of supply chain
activities of the e-commerce giant. Maintenance
and support solutions ensure that the overall
productivity and agility of a companys IT
infrastructure remains intact, thereby amplifying
their adoption among end-users across North
America. Cloud service providers will hold a
major share of North America hyperscale data
center industry by 2027. Cloud computing
solutions facilitate ease of accessing data to
increase a companys efficiency and productivity.
They enhance business performance through
security storage management, flexible
deployment, low cost of ownership, high-level
processing, and utility-based sharing modules.
Many eminent cloud service providers, such as
Microsoft Azure, AWS, and Google Cloud are
heavily investing in hyperscale data centers to
develop innovative technologies and reduce
operational costs. The government sector in North
America will extensively deploy hyperscale data
centers as the sector is utilizing advanced
technologies to offer high-quality services to
its residents. Government agencies collect and
store large volumes of confidential information
about their customers.
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5
Segments of North American Hyperscale Data
Center Market
  • North America Market, By End-use
  • Cloud Providers
  • Colocation Providers
  • Enterprises
  • North America Market, By Application
  • BFSI
  • Government
  • IT Telecom
  • Entertainment Media
  • Retail E-commerce
  • Others

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About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
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understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research Email sales_at_graphicalresearch.com Web
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