Published Date: 2022-03-29
Request a sample
European Hyperscale Data Center Market size is expected to reach USD 25 billion by 2027, according to a latest forecast report by Graphical Research.
The growing demand for advanced IT infrastructure from BFSI and IT & telecom sectors will drive the market growth. Organizations rely on advanced technologies including AI, IoT, cloud computing, and machine learning to improve operational efficiency. Technology integration has helped businesses in data management, cybersecurity, information sharing, and remote access. This factor has boosted the rate of data traffic in various industries, resulting in a significant requirement for high-end infrastructure for effective data management. The sharp rise in data production will drive the demand for hyperscale IT infrastructures that enable effective data traffic management for real-time data processing.
The market experienced a temporary downfall in the first half of 2020 as a result of supply chain disruptions caused by government organizations’ stringent lockdowns. Delays in raw material procurement impacted data center component suppliers' production capability. Corporate businesses adopted remote working practices, while educational institutions used technologies, such as e-learning and digital collaboration, resulting in massive volumes of data. Data traffic has increased due to the surge in the demand for video-on-demand services. This factor boosted the demand for hyperscale data centers for effective data traffic management, helping to stabilize the market in the second half of 2020. The hyperscale data center market grew 2021 due to the supportive government aimed at boosting digitalization in various sectors.
The hyperscale data center networking equipment market is growing steadily due to the region's powerful manufacturing industry that employs cutting-edge technology. Big data analytics is used in manufacturing and distribution systems. There is a high demand for hyperscale data center networking systems that enable real-time data processing as high data traffic generated is by these compute-intensive technologies. The advent of Industry 4.0, which has resulted in smart manufacturing techniques, has increased the demand for seamless networking solutions. The increasing complexity of interconnected devices combined with the collection of massive amounts of data is driving the demand for robust hyperscale data center networking infrastructures.
Browse detailed statistical insights from the report, “Europe Hyperscale Data Center Market Forecast 2027 By Application (BFSI, Government, IT & Telecom, Entertainment & Media, Retail & E-commerce), By Component (Solution {Cooling, Power, IT Racks & Enclosures, LV/MV Distribution, Networking Equipment, DCIM}, Service {Installation & Deployment, Maintenance & Support, Monitoring Services}), By End-use (Cloud Providers, Colocation Providers, Enterprises), Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/2076/europe-hyperscale-data-center-market
Rapid technological advancements are fueling the need for consistent enhancements & upgrades in data center design. Large-scale enterprises are using hyperscale data centers as they offer various monetary benefits including reduction in CAPEX and OPEX. Such data center architecture helps enterprises to make optimum use of existing space and add resources to their infrastructure while incurring the minimum amount of additional expenses. Hyperscale data centers allow enterprises to harness the power of modern technologies while offering significant savings and improving their ROIs. Companies offer high-quality solutions with the latest technologies and easy scalability depending on the size of the enterprise.
The entertainment & media industry growth is due to the surge in the adoption of Over The Top (OTT) services. The internet traffic increased during the COVID-19 pandemic, and the market witnessed surge in viewership of digital content available on various platforms. For instance, in February 2020, Netflix mobile app installations reported 60% increase in Italy, while Amazon Prime Video installations reported 101% increase in the same time period. To offer high-quality videos to users, OTT streaming necessitates a network of preconfigured live encoding and streaming servers. These servers are placed in hyperscale data centers to increase computational capacity and ensure uninterrupted content delivery. Hyperscale data center infrastructure helps in the reduction of video stream latency and the enhancement of end-to-end video streaming capabilities.
The Europe hyperscale data center market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:
Europe Market, By Component
Europe Market, By End-Use
Europe Market, By Application
The above information has been provided for the following countries:
The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read More