Global Data Center Server Market Growth Analysis 2024-2033

Overview and Scope
A data center server is a physical room, building, or facility that holds information technology equipment for developing, executing, and providing applications and services, as well as storing and managing data linked to those applications and services. It is used to collect, process, store, and distribute massive amounts of data.

Sizing and Forecast
The data center server market size has grown strongly in recent years. It will grow from $54.94 billion in 2023 to $58.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to data explosion, cloud computing adoption, virtualization and consolidation, demand for high-performance computing (hpc), emergence of big data analytics..

The data center server market size is expected to see strong growth in the next few years. It will grow to $75.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to iot proliferation, sustainability and green computing, cybersecurity enhancement, hybrid and multi-cloud adoption, ai and machine learning growth.. Major trends in the forecast period include adoption of open compute project (ocp) standards, security-centric designs, data center optimization, high-performance computing (hpc) advancements, rise of software-defined infrastructure, modular and scalable designs..

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/data-center-server-global-market-report

Segmentation & Regional Insights
The data center server market covered in this report is segmented –

1) By Product: Rack Servers, Blade Servers, Microservers, Tower Servers
2) By Application: Industrial Servers, Commercial Servers
3) By Verticals: BFSI (Banking, Financial Services And Insurance), IT and Telecom, Government, Defence, Other Verticals

North America was the largest region in the data center server market in 2023. Asia-Pacific is expected to be the fastest-growing region in the data center server market report during the forecast period. The regions covered in the data center server market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample_request?id=9358&type=smp

Major Driver Impacting Market Growth
Major companies operating in the data center server market report are Hewlett Packard Enterprise Company LP, Dell Inc., International Business Machines Corporation, Fujitsu Ltd., Cisco Systems Inc., Lenovo Group Ltd., Oracle Corporation, Huawei Technologies Co. Ltd., Inspur Group, Bull Atos Technologies, NEC Corporation, Hitachi Systems Pvt. Ltd., Super Micro Computer Inc., Silicon Graphics International Corp., Intel Corporation., Iron Systems Inc., Rittal GmbH & Co. KG, Vertiv Co., Schneider Electric SE, AsusTek Computer Inc., Black Box Corporation, Quanta Computer Inc., Cray Inc., Penguin Computing Inc., Advanced Micro Devices Inc., NVIDIA Corporation, Mellanox Technologies Ltd., Infortrend Technology Inc., DataDirect Networks Inc., Seagate Technology plc .

Key Industry Players
Major companies operating in the data center server market are developing innovative products, such as server processors, to meet larger customer bases, more sales, and increase revenue. A server processor refers to a critical component in a computer server responsible for carrying out instructions of a computer program by performing basic arithmetic, logical, control, and input/output (I/O) operations. For instance, in March 2023, Ampere Computing, a US-based semiconductor company, launched the AmpereOne chip. The distinctive feature of the AmpereOne chip lies in its unique design, boasting up to 192 cores with a customized ARM-compatible architecture. This unique configuration targets cloud providers and enterprises engaged in constructing proprietary cloud infrastructures. AmpereOne’s remarkable combination of high-core density and power efficiency holds significant appeal for cloud providers, offering the potential to augment revenue streams and curtail operating costs, thereby improving profit margins. Additionally, the heightened core density and reduced power consumption of AmpereOne empower cloud providers to introduce Arm server instances at more competitive price points, fostering increased interest and adoption across a broader market.

The data center server market report table of contents includes:

1. Executive Summary

2. Data Center Server Market Characteristics

3. Data Center Server Market Trends And Strategies

4. Data Center Server Market – Macro Economic Scenario

5. Global Data Center Server Market Size and Growth
.
.
.

31. Global Data Center Server Market Competitive Benchmarking

32. Global Data Center Server Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Data Center Server Market

34. Data Center Server Market Future Outlook and Potential Analysis

35. Appendix

Explore the trending research reports from TBRC: