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USD 122.4 Billion Microserver Market Reach by 2032 at 15.8% CAGR
According to the report published by Allied Market Research, The USD 122.4 Billion Microserver Market Reach by 2032 at 15.8% CAGR. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.The emergence of hyperscale data center architecture has significantly propelled the growth of the microserver market. Hyperscale data centers, which are massive facilities designed to deal with the steadily expanding interest for computerized administrations and distributed computing, require a more proficient and adaptable way to deal with waiter organization. Traditional, monolithic servers are often too bulky and power-hungry for hyperscale operations, prompting greater expenses and failures. In addition, low power utilization and low space use of micro servers are key driving factors for the microserver market which opens up a new avenue for growth. However, the absence of standard determinations in the microserver market is a huge component that restrains its growth. Micro servers are compact, energy-efficient computing devices designed for specific tasks, and they have gained popularity due to their scalability and cost-effectiveness.
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The global microserver market was valued at USD 28.8 billion in 2022, and is projected to reach USD 122.4 billion by 2032, growing at a CAGR of 15.8% from 2023 to 2032.
The microserver market is segmented on the basis of component, function, organization size, application, and region. On the basis of the component, the market is segmented into hardware and software. By function, it is segmented into intel, AMD, and others. On the basis of the organization size, the market is segmented into large enterprises and small and medium-sized enterprises. By application, it is bifurcated into data center, data analytics, cloud computing, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Based on component, the hardware segment held the highest market share in 2022, accounting for nearly three-fifths of the global microserver market revenue, which is attributed to the steady development of processors, with an emphasis on further developing execution while lessening power utilization. This pattern lines up with the rising interest in energy-efficient data centers. However, the software segment is projected to witness the highest CAGR of 17.8% from 2023 to 2032, attributable to rise in shift toward containerization and microservices design, which considers better adaptability and adaptability in application development.
Based on function, the Intel segment held the highest market share in 2022, accounting for more than half of the global microserver market revenue, owing to the rise in interest for handling power in information escalated undertakings, for example, artificial intelligence, distributed computing, and virtualization. Intel's strength in this space is coordinated by its powerful product portfolio and perpetual development. However, the other segment is projected to witness the highest CAGR of 19.5% from 2022 to 2032. Other segments include ARM and others. ARM processors have carved out a unique niche in the global microserver market due to their power-efficient and highly scalable construction.
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Based on region, North America held the highest market share in terms of revenue in 2022, owing to the ongoing emphasis on energy efficiency and sustainability in North America, which has led to the adoption of Microservers in green data centers. These energy-efficient servers aid organizations in decreasing their carbon footprint and operational costs, aligning with environmental regulations and corporate sustainability goals. However, the Asia-Pacific region is expected to witness the fastest CAGR of 19.3% from 2023 to 2032. With the rise of IoT devices and the demand for low-latency data processing, edge computing is gaining importance. Microservers are well-suited for edge applications, providing the required computational power in a compact form factor.
Some of the key players profiled in the report include Advanced Micro Devices, Inc., Dell Inc., Fujitsu Ltd., Hewlett Packard Enterprise, Hitachi, Ltd., IBM Corporation, MiTAC Holdings Corp., NVIDIA Corporation, Penguin Computing, and Super Micro Computer, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the microserver market.
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Key Findings of the Study
● By component, the hardware segment led the microserver market analysis in terms of revenue in 2022.
● By function, the Intel segment accounted for the highest Microserver software market share in 2022.
● By organization size, the large enterprises segment led the microserver market in terms of revenue in 2022.
● By application, the cloud computing segment accounted for the highest Microserver software market share in 2022.
● By region, North America generated the highest revenue in 2022.
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