Overview and Scope
Computer storage devices are a hardware device that stores data and applications on electromagnetic, optical or silicon-based storage media. A computer server is a device or software that performs a service that addresses the needs of another computer, known as client.
Sizing and Forecast
The computer storage devices and servers market size has grown strongly in recent years. It will grow from $105.23 billion in 2023 to $110.55 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth of data explosion, big data analytics, mobile device proliferation, globalization of businesses, cybersecurity concerns.
The computer storage devices and servers market size is expected to see strong growth in the next few years. It will grow to $138.08 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to sustainable data centers, rise of edge servers, nvme adoption for storage devices, increased focus on data security in servers, storage virtualization for efficiency. Major trends in the forecast period include storage class memory integration, software-defined storage (sds), hybrid and multi-cloud storage solutions, ai-optimized storage and servers, shingled magnetic recording (smr) in hdds.
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Segmentation & Regional Insights
The computer storage devices and servers market covered in this report is segmented –
1) By Type: Computer Storage Devices, Computer Servers
2) By Application: Mainframes, Desktop, Laptop Computers, Tablets, Smartphones
3) By End-Use: Residential, Commercial
Asia-Pacific was the largest region in computer storage devices and servers market in 2023. Western Europe was the second largest region in computer storage devices and servers market. The regions covered in the computer storage devices and servers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Data volume generated from personal devices and various business operations in many industries is rapidly increasing; this is expected to drive the demand for storage devices during the forecast period. For instance, the total data generated worldwide is projected to reach 163 zettabytes (ZB) by 2025. In order to manage this rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer storage devices and servers market in the forecast period.
Key Industry Players
Major companies operating in the computer storage devices and servers market report are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Inc., Huawei Technologies Co. Ltd., Sony Corp., Tencent Holdings Co Ltd., Amazon Web Services Inc., Lenovo Group, IBM Corporation, Cisco Systems Inc., Micron Technology Inc., The Hewlett Packard Enterprise Company, Toshiba Corporation, Financière de l’Odet SA, Western Digital Technologies Inc., ASUSTeK Computer Inc., Nintendo Co. ltd., Netease Inc., Kingston Technology Corporation, Vmware Inc., Seagate Technology Holdings plc, Bandai Namco Holdings Inc., Electronic Arts Inc., NetApp Inc., Super Micro Computer Inc., Take-Two Interactive Software Inc., Dropbox Inc., Pure Storage Inc., NEC Corporation, Inspur Group, Quantum Corporation, Synology Inc., pCloud AG
The computer storage devices and servers market report table of contents includes:
1. Executive Summary
2. Computer Storage Devices And Servers Market Characteristics
3. Computer Storage Devices And Servers Product/Service Analysis -Product/Service Examples
4. Computer Storage Devices And Servers Market Trends And Strategies
5. Computer Storage Devices And Servers Market – Macro Economic Scenario
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68. Global Computer Storage Devices And Servers Market Competitive Benchmarking
69. Global Computer Storage Devices And Servers Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Computer Storage Devices And Servers Market
71. Computer Storage Devices And Servers Market Future Outlook and Potential Analysis
72. Appendix
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