Data Center Server Market is Booming Market to Grow at Healthy CAGR forecast by 2028
Global data center server market size is valued at USD 101.80 billion by 2028 is expected to grow at a compound annual growth rate of 8.00% in the forecast period of 2021 to 2028.Servers are very important part of the data centers as they are used to transfer data over different computers. They are widely used to transfer the data from private servers to the cloud- based solutions.
Some of the common types of the servers are rack server, tower server, micro servers and open computer project servers. Today companies are purchasing advanced data centers with x86 server units for high-performance computing tasks.
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Major Market Competitors/Players
Few of the major competitors currently working in the global data center server market are Hewlett Packard Enterprise Development LP, Dell, IBM Corporation, FUJITSU, Cisco System, Lenovo, Oracle, Huawei Technologies Co., Ltd, Inspur Technologies Co., Ltd., Atos SE, NEC Corporation, Super Micro Computer, Inc, Sify Technologies Limited, Delta Power Solutions, Donwil Company, NETRACK, Schneider Electric, Vertiv Group Corp, Hivelocity, Inc., Racklive, Maysteel, and among.
Segmentation: Global Data Center Server Market
· By Product (Rack Servers, Blade Servers, Micro Servers, Tower Servers, Open Compute Project Server)
· By Application (Industrial Servers, Commercial Servers)
Competitive Analysis
Global data center server market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of data center server market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
· Rising usage of server disaggregation to improve utilization rates will drive the market growth
· Technological advancement in server technology to support AI and machine learning will also enhance the growth of this market
· Increasing usage of AI for server workload optimization will also propel the market growth
· Rising investment by hyperscale cloud providers and colocation service providers will also contribute as a factor for the market growth
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Market Restraints:
· Shortage of server components will restrain the market growth
· High lead time in server delivery will also hamper the growth of this market
· Segmentation: Global Data Center Server Market
Key Insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key market players involved in this industry
· Detailed analysis of the market segmentation
· Competitive analysis of the key players involved
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