According to Fortune Business Insights, global hyperscale cloud market size was valued at USD 172.26 billion in 2022 and is projected to grow from USD 231.12 billion in 2023 to USD 2185.39 billion by 2030, exhibiting a CAGR of 37.8% during the forecast period. Extensive Computing Resources and Storage Capabilities to Fuel Market Growth. Fortune Business Insights presents this information in their report titled "Global Hyperscale Cloud Market Forecast, 2023-2030."
Hyperscale cloud is a cloud computing infrastructure designed for large-scale applications, providing extensive computing resources and storage capabilities. It plays a vital role in modern technology, empowering various industries and fostering digital innovation. Its widespread adoption in diverse applications is expected to fuel market growth.
Key Industry Development
June 2023: MSP powerhouse Ahead made a significant acquisition by purchasing MBX Systems. This strategic move is intended to combine their strengths and expertise, enabling the creation of customized solutions that cater to the increasing demand for edge and hyperscale cloud solutions among their customers.
Discover the Leading Players Featured in the Report:
“Companies leading the global hyperscale cloud market are Alibaba Group (China), Google LLC (Alphabet, Inc.) (U.S.), Amazon Web Services, Inc. (U.S.), Hewlett-Packard Enterprise Development LP (U.S.), Fujitsu Limited (Japan), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Salesforce, Inc. (U.S.), VMware, Inc. (U.S.)”