According to IMARC Group’s latest report, titled “Data Center Server Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global data center server market size reached US$ 52.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.79% during 2023-2028.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
Data Center Server Market Overview:
A data center is a designated archive that is uniquely designed to provide a physical or virtual infrastructure to organize, store, process, and disseminate data of an enterprise. It provides shared access to applications and data using a storage infrastructure, a complex network, and computer systems. The data center server assists in constructing, designing, and maintaining data center facilities and infrastructures to ensure the data is secure and available. As a result, they are extensively employed in financial institutions, retail, healthcare, information technology (IT), and government sectors to maintain back-end information technology (IT) systems and store servers, mainframes, and databases.
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Data Center Server Market Trends:
The global data center server market is primarily accelerated by the rising product application across enterprises for improved customer relationship management, augmented communication, and enhanced enterprise resource planning. Additionally, governments across the globe are undertaking umpteen initiatives to boost the expansion of high-end IT infrastructures and leverage the internet of things (IoT) and fifth-generation (5G) networks, which, in turn, is creating a positive outlook for the market. In line with this, rapid digital transformation in the banking and finance sector and continuous data transfer from private servers to cloud-based solutions are positively supporting the market growth. Besides this, the escalating demand for unique client-centric solutions and the increasing adoption of big data analytics to facilitate hyper-personalization are boosting the market growth. Furthermore, the rising need for enhanced security and rapid technological advancements are providing an impetus to the market growth.
Data Center Server Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the data center server market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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.
Key Market Segmentation:
The report has segmented the data center server market on the basis of product, application and region.
Breakup by Product:
- Rack Servers
- Blade Servers
- Microservers
- Tower Servers
Breakup by Application:
- Industrial Servers
- Commercial Servers
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)
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
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