North America Hyperscale Computing Market Size, Share & Industry Trends Analysis Report By Application, By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Component (Solution and Service), By End-Use, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Hyperscale Computing Market
Market Report Description
The North America Hyperscale Computing Market would witness market growth of 20.6% CAGR during the forecast period (2022-2028).
Some of the main characteristics of hyperscale computing are standardization, automation, and high-performance computing (HPC), standardization, and automation. Hyperscale computing is also needed in data centers and other distributed computing environments to support VMs and hundreds of physical servers, efficiently scaling from a few to hundreds of servers. Hyperscale computing market growth is expected to increase in developing and developed nations due to rising population and disposable income. This is primarily because the growing population and disposable incomes are the main indirect factors influencing the industries in any nation.
The market is anticipated to grow due to open-source software development and architectural modifications made for hyperscale data centers. Hence, the need for hyperscale computing will be anticipated to expand as the number of data centers grows. Moreover, the market is anticipated to be driven by growing demand for software-defined networking (SDN), micro-segmentation among small and medium-sized businesses, and converged infrastructure.
The Cloud Smart Federal Cloud Computing Strategy for 2019 is a long-term, advanced strategy to promote cloud use in Federal companies. Agencies will benefit from this new approach in terms of increased cost savings, improved security, and faster service. The United States government has invested enormous resources in modernizing the Federal government to keep up with the pace of innovation in the nation. Hence, the support of the regional governments extended towards the advancement of computing is proving to be beneficial for the market and thus will help the regional hyperscale computing market to grow in the coming years.
The US market dominated the North America Hyperscale Computing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $44,605.6 million by 2028. The Canada market is poised to grow at a CAGR of 23.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 22.2% 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 U.S., Mexico, Canada, and Rest of North America.
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).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Cloud Computing
- Big Data
- IoT
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Component
- Solution
- Service
By End-Use
- IT & Telecom
- Retail & E-commerce
- Media & Entertainment
- Healthcare
- BFSI
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Server Technology, Inc. (Legrand Group)
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Related Reports:
Global Hyperscale Computing Market Report 2022-2028
Europe Hyperscale Computing Market Report 2022-2028