Growing adoption of IoT and big data technologies and growing number of hyperscale data centers are key factors driving the global hyperscale computing market
VANCOUVER, BC, CANADA, April 28, 2022 /EINPresswire.com/ — The Large Scale Computing Market The size reached USD 149.07 billion in 2020 and is expected to register a CAGR of 27.4% during the forecast period, according to the latest analysis from Emergen Research. Growing penetration of Internet of Things (IoT) devices and increasing adoption of tender data technology are some of the key drivers driving the revenue growth of the global computing market large scale. Growing demand for data management, need for storage and rapid retrieval due to the current trend of IoT across various industries, verticals and sectors is driving the urgent need and deployment of large-scale computing.
In recent years, majority of organizations have started adopting hyperscale IoT connectivity solutions where security, compliance and cloud optimization work with standard features, which is expected to support the growth of the global hyperscale computing market . Moreover, with the ever-increasing demand for cloud computing solutions, the need to develop larger-scale data center infrastructure has increased dramatically, resulting in an increase in the number of hyperscale data centers across the globe.
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The report examines in detail the growth opportunities, challenges, market drivers and restraints, limitations, market threats and demands of the large-scale computing market. The study further assesses the regional market as well as the international market to get an insight into the scope of the market. The report also offers estimates and forecasts on the market segment and sub-segments showing promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Large Scale Computing market market. It offers a fruitful insight into the business sphere to help companies capitalize on lucrative growth opportunities.
the main findings of the report suggest
The solutions segment is expected to account for the largest share of revenue during the forecast period owing to the growing focus on large-scale computing to deliver compute, storage and virtualization infrastructure layers in a single-solution architecture.
The large enterprise segment is expected to account for the largest share of revenue during the forecast period owing to the increasing attention on application enhancement, increasing need to implement robust cloud or distributed storage system and scalable to handle high-volume data and the growing adoption of large-scale computing to augment processing. power, storage space and optimization of compute workloads.
Data segment revenue is expected to grow at a significantly stable CAGR due to the growing number of large-scale data centers, increasing adoption of advanced data center technology to meet the growing needs of center performance requirements data and to provide energy efficient solutions.
IT & Telecom segment is expected to lead in terms of revenue share due to increasing adoption of 5G technology, increase in data traffic, increase in service usage broadband, growing customer demand, prompting telecommunications companies to modernize their networks and move to virtualization and cloud architectures.
The report further offers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers the strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches and brand promotions, among others. The report aims to provide readers with a comprehensive understanding of the relevant characteristics of the industry.
The report covers the following companies-
Microsoft Corporation, Amazon Web Services Inc., Cisco Systems Inc., Google LLC, Apple Inc., International Machine Business Corporation (IBM), Dell Technologies Inc., Celestica Inc., Intel Corporation, and Hewlett Packard Enterprise Co.
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Emergen Research has segmented the global large-scale computing market on the basis of components, organization size, type, end-use, and region:
Components Outlook (Revenue, USD Billion; 2018-2028)
Installation and deployment
Support & Maintenance
Organization Size Outlook (Revenue, USD Billion; 2018-2028)
Small and medium enterprises
Type Outlook (Revenue, USD Billion; 2018-2028)
End-Use Outlook (Revenue, USD Billion; 2018-2028)
IT & Telecommunications
Retail and e-commerce
Government & Defense
Research and academics
The study segments the large scale computing market industry on the basis of major classification such as product type, potential markets, application, and end-user. This assessment of the industry for the forecast period 2021-2028 incorporates projections relating to investment feasibility, gross margin, profit, consumption volume, production capacity and major market vendors. . Likewise, the statistics associated with the competitive landscape, the evolution of consumer behavior and purchasing power are presented and well explained using valuable resources such as tables, graphs and graphic images, which can be easily incorporated into business or corporate presentations.
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Summary of key points from the report:
The report offers a comprehensive overview of the market size, share, and growth rate over the forecast duration.
It provides details of the current scenario, historical data, giving an accurate forecast of the market for the coming years.
The study categorizes the market based on product types, applications, end-users, market value and volume, industry verticals, and 5 major regions.
It also offers regional market analysis and forecasts for the major geographies of the industry i.e. North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. .
Industry supply chain, sourcing strategy, upstream raw materials and downstream demand analysis have also been undertaken in the research report.
The study offers a comprehensive understanding of demand and supply dynamics, including production and consumption rates, and overall market mapping.
The report uses different analytical tools including SWOT analysis, Porter’s five forces analysis, and price analysis to provide accurate market insights.
Regional Market Outlook of Large Scale Computing Market:
The rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
United Arab Emirates
Rest of MEA
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