Global Data Center Server Market Segments 2024, Forecast To 2033
5 Mar, 2024
The data center server market has experienced strong growth, rising from $54.94 billion in 2023 to $58.25 billion in 2024, with a 6.0% CAGR. Historical growth factors include data explosion, cloud computing adoption, and demand for high-performance computing. The market is expected to see strong growth, reaching $75.29 billion in 2028, with a 6.6% CAGR. Anticipated trends include IoT proliferation, sustainability, cybersecurity enhancement, hybrid and multi-cloud adoption, and AI and machine learning growth.
Global Data Center Server Market Key Driver
The data center server market is expected to grow with the increasing data traffic. Ericsson forecasts 5G's share of mobile data traffic to reach 69% by 2028, reflecting the rapid growth in data traffic. This surge in data usage, along with the anticipated increase in global average monthly data usage per smartphone, underlines the need for robust data center servers. As organizations grapple with rising data traffic, the data center server market becomes pivotal in meeting the demands of an increasingly interconnected and data-driven world.
Get A Free Sample Of The Global Data Center Server Market ReportGlobal Data Center Server Market Segments
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
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
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
Major Data Center Server Industry Players
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
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AIOps Data Center Server Market Overview
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.
Data Center Server Global Market Report 2023 provides data on the global data center server market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The data center server market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.