ResearchAndMarkets.com has added up some numbers and divided by them by its shoe size and reached the conclusion that the hyperscale data centre market will grow at a CAGR of 24.25 percent over the next five years.
In its report, with the riveting title “The “Hyperscale Datacenter Market – Growth, Trends, Forecast (2019-2024),” the outfit defined hyperscale datacentres as a facility owned by the companies to offer cloud spaces for cloud computing and big data storage. It has at least 500 storage cabinets covering 10,000 Sq. Ft of space and has over 5,000 servers connected with an ultra-high-speed fibre network and offers with infrastructural cost to the end-user.