2024-2033 Global Computer Servers Market Outlook: Projected Size and Growth Rate
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Computer Servers Market Growth Forecast 2024-2033: What’s the Expected Rate?
The market size for computer servers has continuously increased over the past few years. It is projected to expand from $96.47 billion in 2023 to $100.21 billion in 2024, with a compound annual growth rate (CAGR) of 3.9%. The historical growth can be credited to the proliferation of e-commerce, the growing availability of handheld devices, a greater level of internet accessibility, and the more common use of digital wallets.
The market size for computer servers is anticipated to experience consistent expansion in the forthcoming years. The sector is projected to reach $117.34 billion by 2028, with a compound annual growth rate (CAGR) of 4.0%. Factors fueling this predicted growth within the forecasted period include the rising adoption of 5G networks, the proliferation of the internet of things (iot), an upswing in internet usage, and the escalation of smart cities. In the same forecast period, key trends are expected to be the creation of novel product offerings targeting small to medium businesses, the broadening of existing product ranges, the formulation of new servers for customized settings, strategic acquisitions, and mutually beneficial partnerships.
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What Factors Are Impacting the Growth of the computer servers Market?
The spike in the requirement for servers is significantly propelling the upward trajectory of the computer server market. A server, designed to supply data to other computers, has the ability to deliver content via the internet to devices located on a local area network (LAN) or a wide area network (WAN). Observations indicate that the global server industry is not only witnessing growth in double digits, but it also doesn’t exhibit signs of slowing down. As an example, a survey carried out by UK-based internet services business, Netcraft Ltd, in November 2022, reported a surge of 4.7 million sites amidst a domain loss of 194,480, along with an increase of 6,685 web-facing computers. These statistics were derived from responses of more than 1 billion sites across nearly 272 million domains and over 12.3 million web-facing computers. Consequently, the burgeoning demand for servers is presumed to drive the computer server market’s growth duly in the forecasted period.
What Are the Fundamental Segments in the Computer Servers Market?
1) By Server: Web Server, Virtual Server, Application Server, Database Server, Others
2) By Product: Blade, Rack, Tower, Micro, Other Products
3) By Operating System: Microsoft Windows Servers, Linux / Unix Servers, Netware, Cloud Servers
What Trends Are Shaping the New Direction of the Computer Servers Market?
Leading firms in the computer server industry are creating innovative servers like the PowerEdge XR5610, XR7620, and XR8000 as a strategy to outperform competitors in the market. These servers, powered by the 4th Gen Intel Xeon Scalable processors, are telecom-ready and cater to a wide range of industries and edge use cases with their improved design elements meeting crucial telecom industry needs. In an example, Dell, a technology corporation based in the US, in February 2023, launched the PowerEdge XR5610, XR7620, and XR8000 servers, each equipped with the 4th Gen Intel Xeon Scalable processors. The servers include an enhanced rugged design, better energy efficiency, infrastructure consolidation, coupled with support for a diverse set of accelerators and NICs, enabling unique edge computing solutions.
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Which Regions Are Making a Mark in the Computer Servers Market Growth?
The Asia-Pacific was the largest region in the computer servers market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the global computer servers market report during the forecast period. The regions covered in the computer servers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Computer Servers Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the computer servers market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Computer Servers Market Include
1. Computer Servers Market Executive Summary
2. Computer Servers Market Segments
3. Computer Servers Market Size And Template Market Growth Rate
4. Key Computer Servers Market Trends
5. Major Computer Servers Market Drivers
……
25. Key Mergers And Acquisitions In The Computer Servers Market
26. Top Computer Servers Companies
27. Computer Servers Market Opportunities And Strategies
28. Computer Servers Market, Conclusions And Recommendations
29. Appendix
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