Blockchain Press Releases
Hyperscale Computing Market worth $109.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 3, 2023 /PRNewswire/ — Growth, technological progress, edge computing, AI adoption, improved security, sustainability initiatives, and potential research into quantum computing, along with the emergence of hybrid and multi-cloud strategies and industry-specific solutions, will characterise the future of the Hyperscale Computing Market.
The Hyperscale Computing Market size is expected to grow from USD 40.9 billion in 2023 to USD 109.2 billion by 2028 at a compound annual growth rate (CAGR) of 21.7% during the forecast period, according to a new report by MarketsandMarkets™. Hyperscale computing has emerged as a game-changer in the digital era, revolutionizing the way businesses scale their computing resources. With its ability to provide scalable, flexible, and cost-effective infrastructure, the Hyperscale Computing Market is experiencing significant growth and transforming industries across the globe. In today’s data-driven world, businesses generate vast amounts of data, and traditional IT infrastructures often struggle to handle the increasing workload. Hyperscale computing offers a solution by enabling organizations to scale their computing resources dynamically and on demand. Whether handling sudden spikes in user traffic or accommodating rapid business growth, hyperscale computing empowers businesses with the agility to adapt swiftly to changing demands.
Browse in-depth TOC on “Hyperscale Computing Market“
300 – Tables
100 – Figures
275 – Pages
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Scope of the Report
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Report Metrics |
Details |
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Market size available for years |
2018–2028 |
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Base year considered |
2022 |
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Forecast period |
2023–2028 |
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Forecast units |
Value (USD Million/Billion) |
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Segments Covered |
Offering, Application, Vertical, and Region |
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Geographies Covered |
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America |
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Companies Covered |
Some of the significant Hyperscale Computing Market vendors are AWS (US), Google (US), Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), HPE (US), Alibaba Cloud (China), Tencent Cloud (China), Salesforce (US), Huawei (China), Viavi Solutions (US), Broadcom (US), AFL Hyperscale (US), OVHcloud (France), Iron Mountain (US), DigitalOcean (US), Rackspace (US), NTT Communications (Japan), and Digital Reality (US). |
Moreover, hyperscale computing offers the ability to process and analyze vast volumes of data; organizations can unlock valuable insights, drive data-driven decision-making, and foster innovation. Industries such as retail and e-commerce, finance, healthcare, and manufacturing leverage hyperscale computing to optimize operations, enhance customer experiences, and gain a competitive edge. The scalability and performance offered by hyperscale computing open doors to advanced technologies such as artificial intelligence, machine learning, and big data analytics, driving transformative changes in various sectors.
By offering, the services segment is expected to capture the highest CAGR during the forecast period.
The Hyperscale Computing Market by offering, includes solutions and services. The Hyperscale Computing Market covers various services, including consulting, integration and implementation, and training, support, and maintenance. Service providers in the Hyperscale Computing Market offer consulting services to help organizations assess their requirements, define their infrastructure strategy, and develop a roadmap for hyperscale adoption. It assists in designing and architecting the infrastructure to ensure scalability, performance, and reliability. The implementation and setup of software and networking components are all included in integration and implementation services, assuring resource use and seamless integration. This comprises activities such as network configuration, virtualization, and workload movement. To reduce downtime and disruptions, service providers also provide support services such as technical help, problem-solving, and issue resolution. They help resolve potential network problems, hardware or software breakdowns, and other operational difficulties.
Based on application, the cloud computing segment is expected to account for the largest market share during the forecast period.
The Hyperscale Computing Market, by application, is segmented into cloud computing, big data, IoT, and other applications. It is expected that during the forecast period, the cloud computing segment is estimated to account for the largest market size and share in the Hyperscale Computing Market. Hyperscale computing allows cloud providers to scale their infrastructure rapidly and seamlessly. By utilizing hyperscale architectures, cloud providers can add and remove computing resources on-demand, matching their users’ dynamic needs, and enabling cloud providers to provision resources flexibly and granularly. With hyperscale architectures, cloud providers can allocate compute, storage, and networking resources in a highly dynamic and efficient manner, ensuring optimal utilization and cost-effectiveness. Users can easily scale up or down their resource allocations based on their needs, paying only for their consumption. This scalability ensures that cloud services can handle fluctuating workloads efficiently, providing high performance and availability.
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Moreover, hyperscale computing enables the automation and orchestration of cloud resources and services. Cloud providers can leverage hyperscale architectures to automate resource provisioning, deployment, and management processes. This automation streamlines operations, reduces manual intervention, and improves the efficiency of cloud service delivery.
North America is projected to hold the largest market share during the forecast period.
The Hyperscale Computing Market by region has been segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. As per region, North America is estimated to account for the largest market share in the global Hyperscale Computing Market in 2023, and this trend is expected to continue during the forecast period. The Hyperscale Computing Market in North America has been studied for countries including the US and Canada. The adoption of the hyperscale computing solution is expected to be the highest in North America compared to other regions. The rising need for cloud services, big data analytics, artificial intelligence, and other data-intensive applications has led to tremendous growth in hyperscale computing in North America in recent years. The development and expansion of hyperscale infrastructure by the “Big Three” cloud providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), have further fuelled the market growth in the region. These businesses run sizable data centers all over the region to provide their consumers with cloud services.
Top Key Companies in Hyperscale Computing Market:
Some of the significant Hyperscale Computing Market vendors are AWS (US), Google (US), Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), HPE (US), Alibaba Cloud (China), Tencent Cloud (China), Salesforce (US), Huawei (China), Viavi Solutions (US), Broadcom (US), AFL Hyperscale (US), OVHcloud (France), Iron Mountain (US), DigitalOcean (US), Rackspace (US), NTT Communications (Japan), and Digital Reality (US).
Recent developments:
- In June 2023, Oracle Cloud Infrastructure (OCI) announced the availability of new compute instances based on the 4th Generation AMD EPYC processors. These instances leverage the advanced features and performance capabilities of the AMD EPYC processors to deliver enhanced computing power, efficiency, and security for workloads running on the Oracle Cloud.
- In March 2023, AWS and Nvidia collaborated to develop next-generation infrastructure to support the training of large machine learning (ML) models and the creation of generative AI applications. This collaboration combines AWS’s expertise in cloud computing with Nvidia’s industry-leading GPU technology. The collaboration aims to address the growing demand for computational power and specialized hardware required for training increasingly large and complex ML models.
- In July 2022, AWS to expand its portfolio included memory-optimized Amazon EC2 R6a instances featuring AMD EPYC (Milan) processors 10 percent less expensive than comparable x86 instances. High-performance computing and video processing workloads, which benefit from decreased network latency and highly scalable inter-node communication, are supported by Elastic Fabric Adapter (EFA) on R6a instances, which are built on the AWS Nitro System.
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Hyperscale Computing Market Advantages:
- By using hyperscale computing, enterprises may dynamically and on-demand scale their IT infrastructure. As a result, they are able to easily modify their computer resources to handle a variety of workloads, assuring the best performance and financial effectiveness.
- Businesses can take advantage of economies of scale by utilising cloud-based hyperscale data centres, which lowers capital expenditures for hardware and maintenance. When compared to conventional on-premises data centres, it is a more affordable option because they just pay for the resources they utilise.
- High availability and data resilience are ensured by the redundancy and failover technologies used in hyperscale data centres. By reducing the chance of downtime and data loss, this creates a dependable computing environment.
- Businesses may serve clients and users globally with reduced latency and a better user experience thanks to the data centres that hyperscale computing providers have spread out across several regions.
- Businesses can choose from a variety of services, including virtual machines, storage, databases, and AI/ML capabilities, with the flexibility of hyperscale computing. As a result, they can modify their IT infrastructure to meet their unique requirements.
- To protect customer data, hyperscale data centres make significant investments in security safeguards and compliance requirements. They use cutting-edge security procedures, encryption, and monitoring to protect against online dangers.
- With the help of cutting-edge cooling technologies and renewable energy sources, many hyperscale data centres are built to be energy-efficient. By doing this, the carbon footprint is decreased, and environmental sustainability objectives are met.
- Through self-service interfaces, businesses may swiftly deploy and provision computer resources in a matter of minutes, reducing the time needed to set up and configure new systems.
Report Objectives
- To define, describe, and forecast the Hyperscale Computing Market by offerings (solution and services), application, vertical, and region
- To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Hyperscale Computing Market
- To analyze the market with respect to individual growth trends, prospects, and contributions to the overall market
- To forecast the market size of five main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
- To profile the key players in the market and comprehensively analyze their core competencies in each subsegment
- To analyze the competitive developments, such as partnerships, acquisitions, and product/solution launches and enhancements, in the Hyperscale Computing Market
- To analyze the impact of the recession on the global Hyperscale Computing Market
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
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Blockchain Press Releases
KuCoin Launches KuCoin Pay, a Merchant Solution Leading the Future of Crypto Payments
VICTORIA, Seychelles, Jan. 2, 2025 /PRNewswire/ — In a significant leap forward for digital commerce, KuCoin has unveiled KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector. This innovative system bridges the gap between traditional retail and crypto, offering contactless and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37 million+ users – KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
The process for merchants is straightforward: integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests such as gift cards and mobile top-ups can be done seamlessly, further promoting widespread crypto adoption.
KuCoin Pay represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem. For more information on KuCoin Pay and how it can transform your business, please visit the KuCoin Pay website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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Blockchain Press Releases
KuCoin Advances the “Menstrual Equity Project”, Benefiting 4,000 Women in the Bahamas
NASSAU, Bahamas, Jan. 2, 2025 /PRNewswire/ — On December 31, 2024, the “Menstrual Equity Project” , jointly initiated by KuCoin, Global CSR Foundation, and the American Medical Women’s Association (AMWA), has made new progress. The second batch of aid supplies has been successfully shipped to the Bahamas, providing urgently needed sanitary products for 4,000 local women and effectively improving their quality of life.
The “Menstrual Equity Project” aims to offer sustainable menstrual hygiene solutions to marginalized women and girls, aligning with the United Nations’ Sustainable Development Goals (SDGs). As the oldest multi-specialty medical organization promoting women’s advancement in the medical field and improving women’s health, AMWA’s mission is in perfect alignment with KuCoin’s commitment to social responsibility.
With the support of the Office of the First Lady of Commonwealth of Bahamas H. E. Ann Marie Davis, this round of donated materials focuses on disposable menstrual pads. This decision reflects the local challenges of water scarcity and high washing costs, while also providing essential emergency supplies for women during natural disasters such as hurricanes and typhoons.
Since KuCoin made a firm commitment to social welfare initiatives during the “KuCoin Green Future Gala” at the 28th United Nations Climate Change Conference (COP28) in 2023, the company has actively fulfilled its corporate social responsibilities. The “Menstrual Equity Project” has become a key initiative under this commitment.
In March 2024, the project’s first phase was implemented, distributing 1,000 menstrual kits—each containing 10 sanitary pads and 2 menstrual cups—to Suriname, St. Jude Children’s Research Hospital, and domestic violence shelters in New York and California.
The smooth delivery of the second batch of supplies to the Bahamas will benefit 4,000 women.
Jing Zhao Cesarone，President of Global CSR Foundation, commented:”KuCoin has set a remarkable example in addressing period poverty in underserved regions, demonstrating its enthusiasm and dedication to social responsibility.”
Nancy Cheung, KuCoin’s Chief Sustainability Officer (CSO), emphasized:”As a global leader in the digital economy, KuCoin is committed to advancing the UN’s Sustainable Development Goals (SDGs). Looking ahead, we will continue to focus on key areas such as climate change, health, and education, driving more philanthropic initiatives to fruition. We also plan to expand the scope of the ‘Menstrual Equity Project,’ collaborating with more international organizations to improve women’s living conditions and contribute to global sustainable development.”
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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Blockchain Press Releases
Bybit Launchpad Onboards Xterio, Opening up Opportunities in Blockchain Gaming for Users
DUBAI, UAE, Dec. 31, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the next major Launchpad project, Xterio token (XTER), with 7,500,000 XTER in rewards for early subscribers. Bybit users now have the opportunity to delve into the GameFi economy and earn rewards through two stages: by subscribing to the token on Bybit Launchpad by Jan. 7, and by completing simple tasks to unlock additional prize pools following XTER’s Spot listing on Jan. 8.
Xterio is an AI-powered blockchain gaming platform built on the Layer 2 OP Superchain ecosystem. Xterio’s innovative approach to combining gaming and rewards has attracted high-caliber investors and developers. The project has raised over $80 million in funding and boasts strong backing from Binance Labs, Makers Fund, DST Global, and over 70 partners.
XTER Subscription – How to Participate:
During the subscription period, users have two options to share in the 7,500,000 XTER rewards:
- Subscribing to Buy XTER with MNT for a chance to win from the total pool of 3,750,000 XTER (with an individual cap of 7,500 XTER).
- Joining the lottery with USDT to win XTER allocation from another 3,750,000 XTER prize pool (with an individual cap of 4 lottery tickets per users).
To participate, eligible users must maintain a daily average balance of 50 MNT or 100 USDT during the Snapshot Period from Jan. 3 to 7, 2025. The required amount must be committed during the Subscription Period from 3:30 AM UTC to 8:50 AM UTC on Jan. 8, and tokens will be allocated by 9:59 AM UTC on the same day.
XTER Spot Listing – More Rewards Head
From Jan. 7 to 22, 2025, Bybit users can also unlock two additional XTER prize pools by completing simple tasks:
- Users may register for the XTER Token Splash and complete deposit and trading tasks for a chance to earn from a 300,000 XTER prize pool; and
- The XTER Puzzle Hunt allows participants to collect puzzle pieces to unlock another 300,000 XTER prize pool.
Xterio on Bybit Web3: A Rising Star in Blockchain Gaming
Xterio also provides a robust and vibrant ecosystem through its strategic partnerships. Recently featured on Bybit Web3’s GameFi SNZ, Xterio ranked 4th among a formidable list of contenders, where its supporters shared a 38,000 XTER prize pool on Bybit.
By subscribing to and trading the native XTER token, Bybit users have the chance to get ahead in the rapidly growing blockchain gaming sector.
“We are excited to bring Xterio to Bybit Launchpad, offering our users a unique opportunity to get in early on the future of blockchain and AI gaming,” said Emily Bao, Head of Web3 and Spot at Bybit.
Bybit Launchpad offers a transparent platform allowing users to participate in high-potential blockchain projects at attractive prices in the early stages. Curated by blockchain experts, Launchpad projects often gain strong community support before landing on Bybit Spot, where users benefit from the platform’s robust infrastructure, safe trading environment, and deep liquidity.
For a detailed timeline on Bybit Launchpad and Bybit Spot, (terms and conditions apply), users may find out more from the announcement – Xterio (XTER) on Bybit Launchpad 3.0: Now Live, and visit Bybit Launchpad.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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