Global Storage And Servers Support Services Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions

5 Jul, 2023

The global storage and servers support services market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global storage and servers support services market size is expected to reach $81.66 billion in 2027 at a CAGR of 3.0%.

Global Storage And Servers Support Services Market Key Driver

Rising data traffic is likely to drive future growth in the storage and server support services market. Organisational data traffic refers to the use of large quantities of bandwidth for particularly active and constant network traffic pathways. Storage and server support solutions are employed in the storage and maintenance of organisational data flow, and warehouse applications can be in situ or ex-situ to improve data operations at a lower cost.

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Global Storage And Servers Support Services Market Segments

The global storage and servers support services market is segmented:
1) By Product: Rack Servers, Blade Servers, Microservers, Tower Servers
2) By Storage Solution: Scale-out, Scale-up, Other Storage Solutions
3) By Deployment: On-premise, Cloud, Other Deployment
4) By Verticals: BFSI (Banking, Financial Services And Insurance), IT and Telecom, Government , Defence, Other Verticals
5) By Application: Industrial Servers, Commercial Servers
6) By Geography: The regions covered in the storage and servers support services market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global storage and servers support services market.

Major Storage And Servers Support Services Industry Players

The Hewlett Packard Enterprise Company, Dell Inc, International Business Machines Corporation, Fujitsu Limited, Cisco Systems Inc, Lenovo Group Limited, Oracle Corporation, Huawei Technologies Co. Ltd, Inspur Group, Microsoft Corporation, NEC Corporation, Hitachi Systems, Super Micro Computer Inc., AT&T Inc, Amazon Web Services Inc, Google LLC, Silicon Graphics International Corp, Intel Corporation, Zadara Storage, Cloudian, Quantum Corporation

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Storage And Servers Support Services Market Overview

Storage and server support services refer to a business model in which a company rents or leases its storage infrastructure to other individuals or companies for data storage. It is commonly used by organizations for managing storage and server backups while providing cost savings on hardware, personnel, and physical space.

Storage And Servers Support Services Global Market Report 2023 provides data on the global storage and servers support services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The storage and servers support services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.