Asia-Pacific Hyperscale Data Center Market Report 2021-2026 Featuring New Entrants - AdaniConneX, Digital Edge DC, Hickory Group, Mantra Data Centers, Pure Data Centres, & Stratus DC Management
DUBLIN, Aug. 20, 2021 /PRNewswire/ -- The "Asia-Pacific (APAC) Hyperscale Data Center - Industry Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The APAC hyperscale data center market by investment is expected to grow at a CAGR of 4.65% during 2021-2026.
The growing internet usage is increasing data generation, fueling increased data processing and storage facilities such as data centers. The growth in data generation in the region is also fueled by technology penetration such as cloud, big data, and IoT. Organizations are adopting these technologies in considerable numbers to gain an edge in market competitiveness.
The APAC hyperscale data center market is fueled by construction from enterprise and colocation data center operators. Data center operators are investing in expanding existing facilities and constructing new facilities across the region. In 2020, the APAC market witnessed investments in around 45 hyperscale data center facilities.
China & Hong Kong witnessed around 21 hyperscale investments, followed by India, Japan, and Australia.
The data center industry in APAC is growing YoY aided by strong growth in internet connectivity across the region. Hyperscale data center demand in China & Hong Kong will exceed supply due to the rising demand for cloud-based services, big data analytics, and IoT. China is a prominent market for data center operations in the APAC region. The continuous boom in technology innovation is driving the growth of the hyperscale data center market in APAC.
The data center industry is witnessing a higher deployment of interconnection and cloud connectivity services. In 2020, the major hyperscale investors in Shanghai were GDS Services and OneAsia Network. The China & Hong Kong hyperscale data center market by investment will grow at a CAGR of 2.21% during the forecast period.
The demand for converged and hyper-converged solutions experienced substantial growth in the industry. Hewlett Packard Enterprise witnessed a strong demand for its mission-critical server product portfolio. The average selling price of Hewlett Packard Enterprise servers increased due to the rising cost of components.
Hewlett Packard Enterprise is the leading vendor in the server market. The APAC hyperscale market is witnessing significant revenue contributions from ODM server manufacturers such as Quanta Systems (QCT), Wistron (Wiwynn), and Inventec.
The storage market is migrating towards all-flash storage solutions. The industry is expected to become more competitive, owing to the decline in the prices of SSDs. Vendor offerings are concentrated on the cloud, big data, artificial intelligence, and IoT-based application workloads in the APAC hyperscale data center market share to gain high in the region.
Market Opportunities & Trends
Market Growth Enablers
Prominent IT Infrastructure Vendors
Prominent Support Infrastructure Vendors
Prominent Construction Contractors
Prominent Data Center Investors
New Entrants in APAC Hyperscale Market
For more information about this report visit https://www.researchandmarkets.com/r/ewnzds
Research and Markets
View original content:https://www.prnewswire.com/news-releases/asia-pacific-hyperscale-data-center-market-report-2021-2026-featuring-new-entrants---adaniconnex-digital-edge-dc-hickory-group-mantra-data-centers-pure-data-centres--stratus-dc-management-301359792.html
SOURCE Research and Markets
Removing the Roadblocks to Enterprise Blockchain
Retrofitting With The Experts: Making The Switch To LEDs and Other Technology Gizmos
Session Details TBA