Global Data Centre Server Market Report and Forecast 2023-2028

Global Data Centre Server Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global data centre server market reached a value of USD 47.64 billion in 2022. Aided by the surge in data generation and a heightened need for reliable data storage solutions, the market is projected to further grow at a CAGR of 6.5% between 2023 and 2028 to reach a value of USD 69.53 billion by 2028.

Data centre servers act as the backbone for storing, processing, and managing copious amounts of data, crucial to the operations of both small and large enterprises. As organisations move towards data-centric operation models, the importance of robust and reliable data centres is magnified. These servers facilitate a variety of tasks, from cloud storage and database management to complex calculations and advanced simulations, making them indispensable in a variety of industries.

The burgeoning demand for cloud-based solutions is among the key factors propelling the data centre server market growth. As enterprises embrace digital transformation and migrate to cloud services, the need for high-capacity, scalable, and secure data centres grows exponentially. The ascent of IoT, big data analytics, and artificial intelligence has further intensified the demand for robust data centres to handle complex computations and real-time analytics.

Another significant driver behind the market expansion is the evolution of Industry 4.0, often referred to as the fourth industrial revolution. As per the data centre server market analysis, advanced manufacturing processes require intricate data calculations and real-time monitoring. Data centres, in this context, not only serve as storage units but also as analytical hubs that can influence business decisions and operational effectiveness.

Moreover, the rapid digitisation in sectors such as healthcare, finance, and e-commerce is propelling the data centre server market demand. The healthcare industry, for instance, is increasingly depending on electronic medical records, telemedicine, and health informatics, thereby boosting the need for secure and reliable data centres. In the finance sector, high-frequency trading, risk analysis, and fraud detection are largely dependent on data centres for their real-time computational needs.

The market is also experiencing a significant uplift from the geopolitical landscape. With data sovereignty becoming a critical concern, nations are making stringent data governance laws that often require data to be stored within national boundaries. This trend has led to a proliferation of localised data centres, further adding value to the data centre server market size.

Market Segmentation

The market can be divided based on product, application, and region.

Market Breakup by Product

• Rack Servers
• Blade Servers
• Micro Servers
• Tower Servers

Market Breakup by Application

• Industrial Servers
• Commercial Servers

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data centre server market. Some of the major players explored in the report by Expert Market Research are as follows:

• Hewlett Packard Enterprise Development LP
• Dell Technologies, Inc.
• Cisco Systems Inc.
• Oracle Corporation
• NEC Corporation
• IBM
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.