Global Server Market 2024-2028
The server market is forecasted to grow by USD 47.02 bn during 2023-2028, accelerating at a CAGR of 8.31% during the forecast period. The report on the server market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for edge computing, investments in scaling up in-house data centers, and increasing penetration of IoT-enabled devices.
Technavio's server market is segmented as below:
By Product
- Rack
- Blade
- Micro
- Open compute project
- Tower
By End-user
- IT and telecom
- BFSI
- Government and defense
- Healthcare
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of AI for server workload optimization as one of the prime reasons driving the server market growth during the next few years. Also, growing usage of e-commerce websites and expanding IT sector and increase in demand for servers with customized configurations for several applications will lead to sizable demand in the market.
The report on the server market covers the following areas:
- Server market sizing
- Server market forecast
- Server market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading server market vendors that include AMAX Engineering Corp., Amazon.com Inc., ASUSTeK Computer Inc., Bloom Energy Corp., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Inspur Group, Intel Corp., International Business Machines Corp., Lenovo Group Ltd., NEC Corp., NVIDIA Corp., Oracle Corp., Quanta Computer Inc., SAP SE, SMART Global Holdings Inc., and Super Micro Computer Inc.. Also, the server market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.