Hyperscale Data Center Market to Hit $608.54 Billion by 2030 as AI Demand Drives 24.6% CAGR
Updated
Updated · Yahoo Finance Australia · Aug 21
Hyperscale Data Center Market to Hit $608.54 Billion by 2030 as AI Demand Drives 24.6% CAGR
2 articles · Updated · Yahoo Finance Australia · Aug 21
Summary
$608.54 billion is the projected size of the hyperscale data center market in 2030, up from $162.79 billion in 2024, according to a MarketsandMarkets report.
AI, machine learning, cloud computing and other data-heavy applications are driving the expansion as enterprises and cloud providers pour money into large-scale computing, storage and networking infrastructure.
Operators are increasingly building facilities with intelligent automation, predictive maintenance and energy-efficient power and cooling systems to handle rising workloads while lowering operating costs.
Asia Pacific is forecast to be the fastest-growing region through 2030, with major industry players including Google, AWS, Microsoft, Oracle, Alibaba and IBM.