Insights Into The Storage And Servers Support Services Market’s Growth Opportunities Through 2023-2032 – Includes Storage And Servers Support Services Market Size
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Increasing data traffic is likely to encourage innovation in the production of storage and server support services, boosting the market during the forecast period.
The global storage and servers support services market is expected to grow from $70.32 billion in 2022 to $72.54 billion in 2023 at a compound annual growth rate (CAGR) of 3.2%. The global storage and servers support services market size is expected to reach $81.66 billion in 2027 at a CAGR of 3.0%.
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Global storage and servers support services Market Segments Include:
- By Product: Rack Servers, Blade Servers, Microservers, Tower Servers
- By Storage Solution: Scale-out, Scale-up, Other Storage Solutions
- By Deployment: On-premise, Cloud, Other Deployment
- By Verticals: BFSI (Banking, Financial Services And Insurance), IT and Telecom, Government, Defence, Other Verticals
- By Application: Industrial Servers, Commercial Servers
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global storage and servers support services market in 2021.
Major Market Players in the storage and servers support services market include The Hewlett Packard Enterprise Company, Dell Inc, International Business Machines Corporation, Fujitsu Limited, Cisco Systems Inc, Lenovo Group Limited, Oracle Corporation.
Technological developments are a prevalent trend in the storage and server support services sector. To increase their market position, major firms in the storage and server support services industry are focusing on providing technologically advanced storage solutions. For example, in June 2020, Dell Technologies Inc., a technology company based in the United States, introduced “EMC PowerScale,” a new family of storage systems developed with market-leading storage software and server hardware to establish a new industry standard for how businesses capture and profit from unstructured data such as documents, images, videos, and social media content. Power Scale is a strong platform that organisations may utilise to store unstructured data, and the software-defined architecture enables clients to handle enormous amounts of data simply and without difficulty by utilising superior intelligent automation technologies. Furthermore, it can handle data ranging from 11TB to tens of PBs while saving rack space by starting the cluster with only three nodes.
The Storage And Servers Support Services Global Market Report 2023 provides a storage and servers support services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The storage and servers support services market forecast analyzes storage and servers support services market size, storage and servers support services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Storage and server support services are a type of business model in which a corporation rents or leases its storage infrastructure to other people or businesses for data storage. Organisations typically use it to manage storage and server backups while saving money on hardware, manpower, and physical space.
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