The Europe Hyperscale Computing Market would witness market growth of 21.1% CAGR during the forecast period (2022-2028).
The data center industry is anticipated to grow significantly over the next few decades, driven by the IoT, 5G, and AI development. These commercial forces also lead to a more distributed paradigm for hyperscale cloud computing. As a result, edge computing will continue to advance, gradually moving intelligence as well as storage nearer to the burgeoning IoT sensor and device world. In addition, the significance of pre-deployment automated MPO-based fiber testing as well as high-speed transport testing, will increase due to the complexity of the fiber networks that connect these locations.
Unmanned hyperscale data centers will result in a significantly smaller carbon impact. Some top hyperscale computing organizations have already committed to using only renewable energy. In addition, novel initiatives like Green Data's ground and rooftop solar panels and Microsoft's Project Natick subsea data center demonstrate how hyperscale computing may be re-envisioned to cohabit healthily with the environment.
In Germany, the market is rising due to the increasing investments in and utilization of the cloud, which motivates many local players to upgrade Germany's cloud infrastructure. Data centers are increasing, cloud technology investment is rising, and end-user markets are growing in the European region. Moreover, among the notable nations in the region that have made large investments in and embraced hyperscale computing technologies are the United Kingdom, Germany, the Netherlands, and France. The quick uptake of cloud computing primarily caused this. For instance, according to Equinix, London will remain Europe's most significant data center. Thus, these factors would spur the regional hyperscale computing market's growth during the forecasting period.
The Germany market dominated the Europe Hyperscale Computing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11,775.9 million by 2028. The UK market is anticipated to grow at a CAGR of 20.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 22% during (2022 - 2028).
Based on Application, the market is segmented into Cloud Computing, Big Data, IoT and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Component the market is segmented into Solution and Service. Based on End-Use, the market is segmented into IT & Telecom, Retail & E-commerce, Media & Entertainment, Healthcare, BFSI and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Hyperscale Computing Market is Projected to reach USD 177.2 Billion by 2028, at a CAGR of 21.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Hewlett Packard Enterprise Company (HP Development Company L.P.), Intel Corporation, Microsoft Corporation, Google LLC (Alphabet, Inc.), Oracle Corporation, Dell Technologies, Inc., Alibaba Cloud (Alibaba Group Holding Limited), Viavi Solutions, Inc., and Server Technology, Inc. (Legrand Group).
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