In a recently published report, Server Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Server Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Server Market is valued approximately USD 23.59 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 12.60% over the forecast period 2019-2026. Server is a computer system that provides data services or a network on requests across a computer network. In other words, a system is a running instance of an application which is capable of receiving requests from various clients and give responds as per their requirements. The worldwide server market is generating good amount of revenue and increase in the shipment units as majority of servers are built on 86 platform which are more suitable for large scale data centers build outs. Increasing demand for data centers by service providers are driving the demand of global server market.
Rising demand of the mid-range system as company changes equipment’s in order to ensure the speed, reliability and capacity is also driving the demand of server market. Large scale deployments by cloud service providers, increasing demand of the public cloud services and rise in the use of cloud services by SMEs and other established organization for hosting applications and for infrastructure purpose are expected to grow the demand in the near future. However, political and economic instability, high cost involved in installation and maintenance of severs and more importantly difficulty in choosing the right equipment for servers may hinder the demand of server market over the forecast period.
The regional analysis of Global Server Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of pumpkin seed oils among its end-users in the region due to early adoption of technologies with rapid advancements. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to technological advancements and emerging of original manufactures in the region.
Market player included in this report are:
HP Corporation
Dell Inc.
Fujitsu Corporation
IBM Corporation
Hitachi Limited
NEC Corporation
Adobe Systems Inc.
Huawei
Inspur Electronics
Oracle Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Computing Servers
Application Servers
Database Servers
Communication Server
By Product:
Rack Servers
Blade Serves
Tower Servers
Micro Servers
Mission Critical Servers
High Density Servers
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By End Users:
Government
IT & Telecom
Retail
Energy
Healthcare
BFSI
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
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