IMARC Group, a leading market research company, has recently releases report titled “Data Center Server Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, The study provides a detailed analysis of the industry, including the global data center server market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the data center server market?
The global data center server market size reached US$ 52.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 69.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.79% during 2024-2032.
Factors Affecting the Growth of the Data Center Server Industry:
- Surge in Cloud Computing and Big Data Analytics:
A primary driver of the data center server market is the exponential growth in cloud computing and big data analytics. Businesses and organizations are increasingly migrating to cloud-based platforms to manage, process, and store vast amounts of data, driving the need for servers that can handle large-scale, data-intensive workloads. The proliferation of big data across industries – from healthcare to finance and retail – necessitates robust server infrastructure to facilitate real-time data processing and insights. This trend towards cloud services and big data not only increases the number of servers required but also demands advancements in server capabilities, such as enhanced processing power and energy efficiency.
- Advancements in Technology and Rising Demand for Edge Computing:
Technological advancements in server design and architecture are pivotal in driving market growth. The adoption of energy-efficient servers, incorporating green technology, addresses concerns over high power consumption and heat generation in data centers. Moreover, the rise of edge computing – which involves processing data closer to where it is generated – is catalyzing the demand for servers in diverse locations outside traditional data centers. This is particularly relevant for Internet of Things (IoT) applications, where low latency and rapid processing are critical. As more devices connect to the internet, generating and transmitting data, edge servers are becoming essential for efficient data management and processing.
- Increased Digitalization and IT Infrastructure Modernization:
The ongoing digitalization across sectors and the need for IT infrastructure modernization are other significant factors. As enterprises undergo digital transformation, there is a heightened need for servers that can support new digital services and applications. The modernization of IT infrastructure, driven by the need for greater scalability, flexibility, and security, further stimulates the demand for advanced server solutions. This trend is particularly evident in sectors where data security and regulatory compliance are paramount, necessitating the deployment of secure and reliable servers.
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Data Center Server Market Report Segmentation:
Breakup By Product:
- Rack Servers
- Blade Servers
- Microservers
- Tower Servers
Rack servers hold the largest market share by product in the global data center server market, as they offer a scalable and flexible solution for data centers, accommodating more servers per square foot and efficiently managing heat and power consumption.
Breakup By Application:
- Industrial Servers
- Commercial Servers
Commercial servers dominate the largest market by application, driven by the growing demand from businesses for robust server infrastructure to support their increasing reliance on big data, cloud computing, and online services.
Breakup By Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
North America is the largest market by region for data center servers, attributed to the presence of major technology companies, high adoption of advanced IT infrastructure, and significant investments in cloud services and data center expansion.
Global Data Center Server Market Trends:
The increasing shift towards cloud computing and virtualization is driving demand for servers that can support these technologies which represents one of the key factors driving the growth of the market across the globe. This shift is coupled with the growing need for energy-efficient and high-performance computing servers, as data centers seek to manage operational costs and reduce their environmental impact.
Another significant trend is the rise of edge computing, which necessitates the deployment of servers closer to the data source for reduced latency and enhanced processing speed, particularly crucial for IoT and AI applications. There’s also a growing interest in hyper-converged infrastructure, which integrates computing, storage, and networking into a single system, simplifying management and scalability. Additionally, the market is witnessing an increased adoption of AI and machine learning capabilities in servers to optimize data center operations and workload management.
Leading Companies Operating in the Global Data Center Server Industry:
- Hewlett Packard Enterprise,
- Dell, Inc.,
- International Business Machines (IBM) Corporation,
- Fujitsu Ltd.,
- Cisco Systems, Inc.,
- Lenovo Group Ltd.,
- Oracle Corporation,
- Huawei Technologies Co. Ltd.,
- Inspur Group,
- Bull (Atos SE),
- Hitachi Systems,
- NEC Corporation
- Super Micro Computer, Inc.
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