The global hyperscale cloud market is expected to grow to 1.44332 trillion US dollars by 2029.

Data Resource Co., Ltd. has started selling the market research report "Global Hyperscale Cloud Market" by Daedal Research on September 30, 2024. According to the report, the global hyperscale cloud market is expected to grow to $1.44332 trillion by 2029.
[Report Overview]
In 2023, the global hyperscale cloud market is valued at $320.59 billion and is projected to grow to $1.44332 trillion by 2029. Reasons for companies transitioning to hyperscale cloud computing include speed, reduced downtime losses, ease of management, ease of migration to the cloud, and scalability according to demand. On the other hand, the adoption of industrial cloud is expected to significantly expand the total addressable market (TAM) for IT in the coming years, as the top three hyperscalers capture a large share due to their capabilities in data analytics and artificial intelligence.

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