The
global Server Market size is expected to reach
USD 83.06 billion by 2025, expanding at a CAGR of 5.4% during the forecast
period, according to a study conducted by Grand View Research, Inc.Demand for
servers is anticipated to grow considerably in near future, owing to the
growing need for IT infrastructure and advancements in digital technologies.
Rising adoption of data analytics by enterprises to understand consumer trends
has resulted in the growing adoption of IT networking equipment.
The market
for server has witnessed a shift from colocation data centers to managed data
center services. Owing to the cost advantages achieved by managed data center
services, enterprises are adopting virtual servers that help in extending the
server adoption by renting the networking equipment, connecting devices and
peripherals, and cloud space. The cloud space server adoption can be private or
shared, resulting in enterprises to reduce the total-cost-of-ownership.
The growing
competition between Original Equipment Manufacturers (OEMs) and Original Design
Manufacturers (ODMs) is an emerging trend in the server market. ODMs not only
assemble and manufacture the components in OEM products but also produce
customized products. Thus, the growing demand for customization requirements
for specific configurations is driving the demand for ODM servers.
Further,
increasing use of data-intensive functions such as cloud computing, streaming
services, and others is expected to provide an impetus to server adoption.
Rising use of data is attributed to the increasing number of smartphones, tablets,
laptops, and other such devices. The rise in number of digitally connecting
devices fuels the need for reliable and fast data transfer, thereby propelling
the demand for cloud servers.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/server-market
Further key
findings from the report suggest:
- The blade type segment is expected to
witness healthy growth over the forecast period owing to the benefits they
provide in terms of energy saving and low carbon footprints
- Several government initiatives are
focused on IT infrastructure development also the rise in digital
platforms across the globe has subsequently attributed to the growing
demand for servers
- Owing to several benefits offered by
Linux OS, such as open source free version OS platform, high security
settings, and easy availability, the segment is expected to record the
highest growth over the next six years
- Asia Pacific is anticipated to witness
healthy growth over the forecast period owing to the development of new
data centers in the region
- Development of VMware server for
virtualization through cloud computing is propelling the growth of data
centers assisting for cloud servers. Thus, the scalability achieved by the
virtualization is also positively affecting the server market growth
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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