Hyperscale Data Centers Market Size, Share Analysis, Key Companies, and Forecast To 2027
High spending on data center technology is a significant factor influencing growth of the market. Market Size – USD 39.41 Billion in 2019, Market Growth – at a CAGR of 22.5%, Market Trends –Growing demand for decreasing capital expenditure The global Hyperscale Data Centers Market is forecast to reach a market size of USD 203.05 Billion by 2027, and register a significantly high CAGR over the next seven years, according to a latest report by Reports and Data. Growing demand for hyperscale data centers can be attributed to high spending on data center technology. High power-consuming workloads – including 3D and AR/VR rendering, genome processing, big data analytics, and cryptography – require considerable computing resources for organizations that conduct their operations in the cloud. The benefits offered by hyperscale data centers in handling high-volume traffic and heavy computing workloads are attracting significant demand from several industry verticals. Demand f...