The Enterprise Server Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Enterprise Server Global Market Report 2024, The enterprise server market size has grown rapidly in recent years. It will grow from $103.09 billion in 2023 to $114.48 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to proliferation of smartphones, increased connectivity through mobile internet, rise of social media integration, demand for enhanced attendee experience, focus on real-time communication.
The enterprise server market size is expected to see rapid growth in the next few years. It will grow to $172.13 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to rise in hybrid and virtual events, growing emphasis on accessibility, enhanced security and privacy measures, demand for personalized content curation, expansion of wearable technology integration. Major trends in the forecast period include product innovations, technology innovations, expansion of digitization for business promotion, 5g keeps customers connected.
The increasing demand for data center services is expected to propel the growth of the enterprise server market going forward. A data center is a centralized facility or location used by organizations to manage their computer systems, servers, networking equipment, data storage and other related components. Data centers use a large number of enterprise servers to support their information technology (IT) operations and equipment to store, process and disseminate data and applications. For instance, in June 2022, according to DLA Piper, a UK-based law firm, the total number of data center transactions increased by 64% in 2021, up from 69 in 2020 to 117 in 2021. Additionally, the total value of data center infrastructure transactions more than double in 2021 to USD 59.5 billion compared to 2020. Therefore, the growing construction of new data centers is driving the growth of the enterprise server market.
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The enterprise server market covered in this report is segmented –
1) By Server Type: Blade, Multi-Node, Tower, Rack Optimized
2) By Operating System: Linux, Windows, UNIX, Other Operating Systems
3) By Server Class: High-End Server, Mid-Range Server, Volume Server
4) By Enterprise Size: Small And Medium Enterprises(SMEs), Large Enterprises
5) By Industry: Banking, Financial Services, and Insurance(BFSI), Retail, Manufacturing, Information Technology(IT) And Telecom, Healthcare, Media And Entertainment, Other Industries
Major companies operating in the enterprise server market are focusing on technologies, such as artificial intelligence (AI), to gain a competitive edge in the market. An enterprise storage server (ESS) designed for AI typically incorporates advanced features and capabilities to support the demanding requirements of AI workloads, which often involve large-scale data processing, model training and inference tasks. For instance, in August 2022, the International Business Machines Corporation, a US-based technology corporation, launched Enterprise Storage Server (ESS) 3500. Enterprise storage server (ESS) 3500 is a spectrum-scale enterprise storage server (ESS) optimized for artificial intelligence (AI) workloads. This provides fast storage for artificial intelligence (AI) in modeling and training by using multiple types of storage with a faster controller CPU and up to 91 GB/sec sequential read.
The enterprise server market report table of contents includes:
1. Executive Summary
2.Enterprise Server Market Characteristics
3.Enterprise Server Market Trends And Strategies
4.Enterprise Server Market analysis
5.Enterprise Server Market Size And Growth
6.Enterprise Server Segmentation
7.Enterprise Server Regional And Country Analysis
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27.Enterprise Server Competitive Landscape And Company Profiles
28.Enterprise Server Key Mergers And Acquisitions
29.Enterprise Server Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Google LLC
- Microsoft Corporation
- Alibaba Group Holding Limited
- Dell Inc.
- Huawei Technologies Co. Ltd.
- Hitachi Ltd.
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