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Hyperscale Data Center Industry Report 2024: Market Poised for Growth with Emphasis on Sustainable Energy and AI Advancements – Global Outlook to 2029

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DUBLIN, March 4, 2024 /PRNewswire/ — The “Global Hyperscale Data Center Market – Outlook & Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

This in-depth analysis reveals a market that was valued at USD 139.11 billion in 2022 and is expected to demonstrate robust growth at a compound annual growth rate (CAGR) of 5.92% over the next six years.

Key Market Insights:

A significant uptick in 5G coverage is set to steer hyperscale data center investments internationally, complemented by the escalating consumption of cloud computing services.Favorable government incentives worldwide are attracting substantial investments in the sector, notably in regions such as the United States, Mexico, and the Netherlands.Renewable energy utilization is becoming a cornerstone strategy among leading hyperscale data center companies, exemplified by Google’s recent power purchase agreement for solar power in Texas.The market is also witnessing a shift toward cutting-edge cooling techniques, including free cooling solutions and waterless cooling systems.

Segmentation Insights:

The report offers a detailed segmentation analysis of the market, covering critical areas like IT infrastructure, electrical infrastructure, mechanical infrastructure, and general construction. Each segment is further broken down, examining specifics such as server, storage, and network infrastructure, alongside UPS systems, generators, and various cooling techniques.

Trends and Opportunities:

Growing reliance on artificial intelligence (AI) and big data continues to drive demand for hyperscale data centers capable of managing expansive datasets with high computational power. Additionally, deployment of IoT solutions and advancements in automation and intelligent monitoring solutions are offering new avenues for growth within the global market.

Geographical Analysis:

Regions such as North America and APAC dominate the hyperscale data center landscape with significant investment concentrations. Europe is not far behind, with burgeoning activity in established markets and emerging nations alike. Moreover, the Middle East and Africa are displaying robust signs of market participation, with South Africa leading the charge in the latter region.

Vendor Landscape:

The report touches upon the challenges and advancements vendors face in this rapidly evolving market. From green initiatives to the integration of automated systems, the data center market is witnessing a transformative era. The vendor landscape section provides insights into key IT infrastructure providers, support infrastructure providers, contractors, and investors who are shaping the hyperscale data center market’s competitive dynamics.

The report aims to answer pivotal questions regarding the market’s magnitude, growth trajectory, power capacity expectations, and leading players. It provides stakeholders, industry executives, and interested parties with a detailed roadmap, highlighting the potential strategies and technological advancements that are set to define the hyperscale data center market’s future.

Market Opportunities & Trends

Rising Adoption of Artificial IntelligenceGrowing Procurement of Big Data & IoT SolutionsAutomation & Intelligent Monitoring SolutionsSustainable & Innovative Data Center TechnologiesRising Demand for Cloud-based Services

Market Growth Enablers

Rising Submarine & Inland ConnectivitySurging Mergers & Acquisitions and Joint Ventures in the IndustryData Center Investments Backed by GovernmentsRenewable Energy Initiatives by Hyperscale & Cloud Operators

Market Restraints

Obstacles in Choosing a Site for Data Center DevelopmentData Center Growth Hindered by Security ChallengesLack of Skilled Workforce and Discrimination IssuesSupply Chain Disruptions Hampering GrowthConcerns Over Carbon Emissions from Data Centers

Vendor Landscape

Key Data Center IT Infrastructure Providers

Cisco SystemsDell TechnologiesHewlett Packard Enterprise (HPE)Huawei TechnologiesIBMInspur

Other Prominent IT Infrastructure Providers

Arista NetworksATOSBroadcomJuniper NetworksLenovoNetAppExtreme NetworksFujitsuHitachi VantaraInventecMicron TechnologyMitac HoldingsNIMBUS DataOraclePivot3Pure StorageQuanta Cloud Technology (Quanta Computer)Seagate TechnologySupermicroSynologyToshibaViolin (StorCentric)Western DigitalWistron (WIWYNN)

Key Data Center Support Infrastructure Providers

ABBCaterpillarCumminsDelta ElectronicsEatonLegrandRolls-RoyceSchneider ElectricSTULZVertiv

Other Data Center Support Infrastructure Providers

AiredaleAlfa LavalAsetekAssa AbloyBloom EnergyCarrierCondairCormantCyber Power SystemsDaikin AppliedData AireDelta ElectronicsEAEEnlogicFNT SoftwareGenerac Power SystemsGreen Revolution Cooling (GRC)HITEC Power ProtectionHoneywell InternationalJohnson ControlsKOHLERKyotoCoolingMitsubishi ElectricMuntersNlyte Software (Carrier)Natron EnergyNetZoomPanduitPiller Power SystemsRiello Elettronica (Riello UPS)SiemensTrane (Ingersoll Rand)Tripp LiteYanmar (HIMOINSA)ZincFive3M

Key Data Center Contractors

AECOMDPR ConstructionHolder ConstructionJacobsM+W Group (Exyte)Bouygues ConstructionMercury

Other Data Center Contractors

ArupAurecon GroupBENTHEM CROUWEL ARCHITECTSCap IngelecCorganDAR GroupDeernsDSCO GroupEdarat GroupFaithful+GouldFluor CorporationFortis ConstructionGenslerGilbane Building CompanyHDRISGKirby Group EngineeringKKCG GroupLaing O’RourkeLarsen & Toubro (L&T)LinesightMaceMorrison HershfieldMortensonNTT FacilitiesRedRoyal HaskoningDHVSterling and Wilson (Shapoorji Pallonji Group)STO Building GroupSyska Hennessy GroupTurner ConstructionWinthrop Engineering and Contracting

Key Data Center Investors

AppleAmazon Web Services (AWS)CyrusOneDigital RealtyEquinixFacebook (META)GoogleKeppel Data CentresMicrosoftNTT Global Data CentersST Telemedia Global Data CentresVantage Data Centers

Other Data Center Investors

21VianetAfrica Data CentresBharti Airtel (Nxtra Data)AirTrunk OperatingAlignedatNorth (Partners Group)plBig Data ExchangeBridge Data CentresCanberra Data CentersChayoraChindataCloudHQClusterPowerCologixCompass DatacentersCOPT Data Center SolutionsCoreSite RealtyDataBankDATA4DigiPlex (IPI Partners)EdgeConneXEtisalatFlexentialGDS ServicesGlobal SwitchGreen MountainGulf Data HubHostDimeInterNexaIron MountainIXAfricaIXcellerateMoro HubNEXTDCODATAOoredooOrange Business ServicesParatus NamibiaQTS Realty TrustRaxio GroupRostelecom Data CentersScala Data CentersSify TechnologiesSUNeVision (iAdvantage)Tenglong Holdings GroupTelecom EgyptT5 Data CentersTurkcellWinguYondrYotta Infrastructure Solutions

New Data Center Investors

AdaniConneXCirrus Data SolutionsData Center FirstHickory GroupGlobal Technical RealtyKevlinxNovvaQuantum LoopholeStratus DC Management

For more information about this report visit https://www.researchandmarkets.com/r/tp7v7a

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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HR Path Strengthens its Australian Presence with Strategic Acquisition of Payroll Experts Australia

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PARIS, Oct. 21, 2026 /PRNewswire/ — HR Path, a global leader in HR consulting and HRIS solutions, today announces its strategic acquisition of Payroll Experts Australia, a Brisbane-based company specialising in payroll compliance, remediation, workforce management and HR systems consulting.

Founded in 2009, Payroll Experts Australia has delivered more than 530 projects for over 260 organisations across Australia and New Zealand. Independent of any software vendor, the company supports employers across the full payroll, workforce management and HR systems lifecycle, with expertise spanning payroll compliance and audit, remediation, award and agreement interpretation, payroll processing, advisory and end-to-end systems implementation.

The acquisition strengthens HR Path’s ability to provide end-to-end HR transformation services across the ANZ market. Payroll Experts Australia’s specialist capabilities complement HR Path’s existing HRIS technology and SAP SuccessFactors expertise, enabling the combined organisation to support clients with a broader range of locally grounded services, from strategic advisory and systems implementation to payroll compliance and operational support. 

Payroll Experts Australia will continue to operate under the brand “Payroll Experts Australia, an HR Path Company”. Its leadership team and employees will remain in their current roles, ensuring continuity of service for clients while giving the business access to HR Path’s international capabilities and resources. 

The transaction builds on HR Path’s expansion in the region. HR Path has been active in Australia since 2019, following the acquisition of DDG. It opened an Australian office in 2024 and acquired RKM Consulting in 2025, strengthening its HRIS technology and SAP SuccessFactors capabilities across Australia and New Zealand.  

“The acquisition of Payroll Experts Australia, a company renowned for its expertise in payroll compliance, is a strategic move that supports our ambition to be the global reference in HR transformation,” said François Boulet, Co-founding Partner at HR Path. “Their deep knowledge and strong client relationships in Australia complement our global capabilities, enabling us to deliver even more value to our clients. This partnership is about synergy, innovation, and shared commitment to excellence.”

“We are very happy about this new chapter!” said Steve Keenaghan, Chief Executive Officer at Payroll Experts Australia. “This step opens up exciting opportunities for our team and our clients and ensures our continued growth and success. We will maintain our commitment to delivering exceptional, independent payroll expertise while exploring new possibilities within HR Path.”

Contact:

Fabienne LATOUR  Fabienne.latour@hr-path.com

 

 

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Sungrow Powers Up for All Energy Australia 2026 With New Residential Innovation and Full Ecosystem Showcase

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MELBOURNE, Australia, Oct. 21, 2026 /PRNewswire/ — Sungrow, the global leader in PV inverter and energy storage solutions, is set to make a strong return to All Energy Australia 2026, the region’s largest and most influential renewable energy exhibition. It will introduce its next-generation all-in-one residential flagship PowerHarbour, alongside a comprehensive showcase of technologies for residential, C&I, and utility-scale applications.

As Australia accelerates toward a cleaner, more resilient energy future, Sungrow’s presence at All Energy will once again serve as a central meeting point for industry leaders, installers, innovators, and policymakers. The booth will offer visitors a rich blend of product demonstrations, technical insights, interactive experiences, and opportunities to connect with Sungrow’s local engineering and sales teams.

A New Addition to Residential Energy Storage

At the upcoming All-Energy 2026, Sungrow will officially unveil PowerHarbour in Australia for the first time. It is a residential all in one solution designed to simplify energy independence for homeowners. It combines sleek design, intelligent integration, advanced safety features and a modular design that can deliver up to 120kWh of capacity. The enhanced AFCI 3.0 protection makes it one of the most flexible and homeowner‑friendly systems on the market. The result is a clean, integrated solution that empowers households to take control of their energy with confidence and ease.

C&I Solutions for Diverse Applications

The exhibition will also showcase Sungrow’s C&I portfolio, including PowerKeeper, deployed across diverse Australian environments, and the ST255CS liquid-cooled BESS cabinet, designed for applications such as microgrid stability and FCAS. Together, these solutions demonstrate Sungrow’s capabilities in delivering flexible, reliable energy storage for a wide range of commercial and industrial needs.

Utility-Scale Innovation on Display

For utility developers and EPCs, Sungrow will present a full-size PowerTitan 3.0, giving visitors a rare opportunity to see the battery container up close. Together, PowerTitan 3.0 and 1+X modular inverter demonstrate advanced energy storage, grid-forming capabilities, and flexible deployment for complex project environment. Backed by dedicated local project management, comprehensive technical support, and a growing project pipeline across Australia and New Zealand.

Visit Sungrow at Booth KK123

Sungrow invites all attendees to visit Booth KK123 at All Energy Australia 2026 to experience its latest residential, commercial, and utility‑scale innovations firsthand. Attendees can expect a vibrant and engaging atmosphere throughout the day featuring lucky draws with exciting prizes, free premium coffee, photobooth and insightful presentations. The booth promises a full day of discovery, connection, and inspiration. Sungrow looks forward to welcoming partners, customers, and renewable energy enthusiasts as we continue powering Australia’s clean energy future together.

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SOURCE Sungrow

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AglaiaSense and Leopard Imaging to Demonstrate Privacy-First AI Traffic Sensing at Smart City Expo World Congress in Barcelona

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FREMONT, Calif. and BARCELONA, Spain, Oct. 21, 2026 /PRNewswire/ — AglaiaSense and Leopard Imaging will exhibit together at Smart City Expo World Congress, November 3–5, 2026, at Fira Barcelona Gran Vía.

The two companies proposed AI-VIVA (Vision Intelligence for València and Arterials) and is selected as a finalist in the fifth urban challenge of Barcelona Innova Lab Mobility (BILM), on the application of artificial intelligence to traffic-light regulation. AI-VIVA combines AglaiaSense’s edge-AI traffic solutions with Leopard Imaging’s patented privacy architecture. At the show, the team will give a live demonstration of AglaiaSense’s signature MS500 and GS500 cameras, with the AglaiaSense AI Box, powered by NVIDIA, which adds local processing to coordinate groups of neighboring intersections.

The cameras analyze images inside the device, using the Sony IMX500 and IMX501 intelligent vision sensors. They count and classify vehicles, buses, cyclists and pedestrians in real time. Raw video is discarded on the device within 400–800 milliseconds, and only anonymous metadata is transmitted. Cities can feed that data into signal-control software to adapt traffic lights to real demand.

MS500: about 2 W average power, 1080p, powered from a standard NEMA or ZHAGA street-light socket.

GS500: about 6.5 W average, dual 4K cameras, with Ethernet, LTE Cat 4 and GPS; powered by PoE, 12–24 V DC or a NEMA adapter.

Both cameras: IP66-rated, −20 °C to +65 °C, mounted on existing poles, so no trenching or new masts are needed.

Bandwidth: more than 95% lower than CCTV-based monitoring.

“Cities want safer, smoother streets without turning every crossing into a surveillance point,” said Leon Luo, CEO of AglaiaSense. “Being named a finalist in Barcelona tells us the approach resonates.”

“Privacy has to be built into the camera, not added later,” said Bill Pu, CEO of Leopard Imaging.

AglaiaSense’s solutions are deployed across North America and Asia, and the company won first place in the Pedestrian Safety Challenge Hackathon, run by the Edge AI Foundation (formerly the tinyML Foundation) and the City of San José. In field tests, the systems achieved detection and counting accuracy above 95%. The City of Lakewood, Colorado, compared the GS500 with traditional IP cameras and LiDAR on real roads and found it more accurate, more energy-efficient, and less costly to deploy. At a high-risk crossing where pedestrians often crossed outside the crosswalk, the system alerted approaching drivers in real time.

Visit us at Pavilion 3, Level 0, Street D, Stand 71. To book a meeting, email sales@aglaiasense.com.

About AglaiaSense

AglaiaSense, is an edge-AI company specializing in privacy-first, vision-based sensing for smart cities. Its GS500 and MS500 cameras run AI on the image sensor to count and classify road users in real time and send only anonymous metadata.

About Leopard Imaging

Leopard Imaging is a global leader in high-definition embedded cameras and AI-based imaging solutions in industries including automotive, aerospace, drones, IoT, and robotics.

Media contact:

Cathy Zhao

+1 (408) 263-0988

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