The Hyperscale Edge Computing by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Hyperscale Edge Computing , The hyperscale edge computing market size has grown exponentially in recent years. It will grow from $3.43 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 33.4%. The growth in the historic period can be attributed to demand for real-time decision making, edge infrastructure development, cloud augmentation with edge computing, latency-sensitive applications, data privacy and security concerns..
The hyperscale edge computing market size is expected to see exponential growth in the next few years. It will grow to $15 billion in 2028 at a compound annual growth rate (CAGR) of 34.5%. The growth in the forecast period can be attributed to 5g network expansion, iot proliferation, ai and machine learning integration, edge data analytics, autonomous vehicles and smart cities.. Major trends in the forecast period include emergence of edge-native development platforms, decentralized data processing, edge ai and machine learning, edge-optimized cloud services, rise of edge-as-a-service (eaas)..
The increasing number of edge data centers is expected to propel the growth of the hyperscale edge computing market going forward. Edge data centers are smaller, decentralized facilities that offer computing and storage in a place nearer to where data is being generated and used, where by lowering latency and maximizing bandwidth, these facilities make new applications possible. Hyperscale edge computing is used in edge data centers to provide scalability of IT infrastructure to increase the computational ability of data centers, networking infrastructure, or storage resources to respond to demands to comprehensive data analysis that leads to better insights, quicker response times and improved user experiences. For instance, in May 2021, according to the Uptime Institute, LLC, a US-based IT service management company survey, over 90% of respondents in North America plan to use more than five edge data centers in the next two to three years. The US and Canada have the highest percentage of owners/operators who intend to use more than 20 edge data centers in the coming years, with Asia-Pacific and China coming in second and third, respectively. Therefore, the increasing number of edge data centers is driving the growth of the hyperscale edge computing market.
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The hyperscale edge computing market covered in this report is segmented –
1) By Component: Hardware, Software, Service
2) By Enterprise Size: Small and Medium Size Enterprises (SMEs), Large Enterprises
3) By Application: Industrial IoT, Content Delivery, AR (Augmented Reality) Or VR (Virtual Reality), Remote Monitoring, Other Applications
4) By End-User: IT (Information Technology) And Telecom, Government, Healthcare, BFSI (Banking, Financial Services And Insurance), Retail, Utility, Manufacturing, Other End-Users
Top Major Players
Hewlett Packard Enterprise
Amazon Web Services Inc.
Cisco Systems Inc.
Dell Inc.
Google LLC
Strategic partnerships are a key trend in gaining popularity in the hyperscale edge computing market. Major companies operating in the hyperscale edge computing market are focused on partnership and collaboration to strengthen their position in the market. For instance, in February 2021, Hewlett Packard Enterprise Company, a US-based company operating in the hyperscale edge computing market, partnered with Microsoft Corporation, a US-based technology corporation for an undisclosed amount. Through this partnership, Hewlett Packard Enterprise Company aims to deliver edge computing, artificial intelligence (AI)and Azure cloud computing capabilities on the International Space Station (ISS). Furthermore, in December 2021, Verizon Communications Inc., a US-based telecommunication company that offers edge computing solutions collaborated with Google LLC, a US-based technology company and Ericsson, Telefonaktiebolaget LM Ericsson, a Sweden-based networking and telecommunications company. With the partnerships, companies aim to build a 5G edge computing ecosystem to provide a dedicated private network and on-premises edge computing infrastructure that is beneficial for businesses in a variety of industries.
The hyperscale edge computing market report table of contents includes:
1. Executive Summary
2. Hyperscale Edge Computing Market Characteristics
3. Hyperscale Edge Computing Market Trends And Strategies
4. Hyperscale Edge Computing Market - Macro Economic Scenario
5. Global Hyperscale Edge Computing Market Size and Growth
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31. Global Hyperscale Edge Computing Market Competitive Benchmarking
32. Global Hyperscale Edge Computing Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hyperscale Edge Computing Market
34. Hyperscale Edge Computing Market Future Outlook and Potential Analysis
35. Appendix
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COVID-19 Impact Analysis on Hyperscale Computing Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the hyperscale computing market include Amazon Web Services, Inc., Google Inc., Ericsson, Intel Corporation, Cisco Systems, CenturyLink, Microsoft, Hewlett Packard Enterprise Development LP, IBM Corporation, Apple Inc. Yahoo!
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Hyperscale Computing Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/hyperscale-computing-market/download-sampleMarket DynamicsThe growth of hyperscale computing market is attributed to rapidly increasing data centers, surge in adoption of cloud-based services and increasing investment on data center technology.
Hyperscale computing market has significant growth opportunities as it offers large and distributed computing environment to small and medium-sized businesses.
However, factors like high infrastructural cost and protection of confidential business data may impede hyperscale computing market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Global Market For Edge Computing is estimated to reach USD 22,453.9 million by 2027, registering a 28.4% CAGR during the forecast period of 2018 to 2027 and Edge Computing Market: By Technology (Mobile Edge Computing, Fog Computing), by Deployment (On-Premise and Cloud), by Component (Hardware, Software and Solutions).Market SynopsisMarket Research Future (MRFR), in its latest the global edge computing market value can touch USD 22,453.9 Mn by 2024.
The rapid proliferation of Internet of Things (IoT) can impel the expansion of the market.
The rise in IoT trend and the high demand can impel the expansion of the market in years to come.The rise in initiatives for digital transformation can prompt the expansion of the market in the years to come.
The high adoption of IoT solutions by organizations can prompt the expansion of the edge computing market.
The rise in need for resilient data communication can aid in the edge computing due to data communication paths over centralized network that can provide business continuity.
Thus, can favour the expansion of the market in the years to come.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/3239Market SegmentationThe edge computing market segment study is based on technology, deployment, application, and vertical.
