Artificial Intelligence Server Global Market Report 2024 - By Share, Demand, Growth, Drivers, Outlook By 2033

"The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033.

The Business Research Company presents an extensive market research report on the Artificial Intelligence Server Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The artificial intelligence server market size has grown exponentially in recent years. It will grow from $20.21 billion in 2023 to $24.53 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to increased computational power, growing demand for automation, cost reduction in robotics, rising need for precision and accuracy, evolution of explainable ai.

The artificial intelligence server market size is expected to see exponential growth in the next few years. It will grow to $52.02 billion in 2028 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to customization and adaptability, increased use of ai for decision-making, rise in robotic process automation (rpa), focus on human-robot interaction, advancements in ai ethics and regulation. Major trends in the forecast period include integration with 5g technology, advancements in sensor technologies, collaborative robotics (cobots), technological advancements in ai, swarm robotics with ai coordination.

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Key Market Players:
Major companies operating in the artificial intelligence server market report are Google LLC, Microsoft Corporation, Dell Technologies Inc., Huawei Technologies Co. Ltd., Tencent Holdings Limited, Amazon Web Services Inc., Lenovo Group Limited, Intel Corporation, Accenture* PLC, IBM Corporation, Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, Salesforce Inc., NVIDIA Corporation, Hewlett Packard Enterprise, ZTE Corporation, Super Micro Computer Inc, Epam Systems, Dawning Information Industry Co. Ltd., GIGA-BYTE Technology Co. Ltd., Inspur Group, ADLINK Technology Inc., Talkweb Information System Co., Ltd., Lambda, Nettrix Inc., H3C, Enginetech

Market Drivers:
The growth of artificial intelligence (AI) workloads in a variety of industries is expected to propel the growth of the artificial intelligence server market going forward. AI workloads refer to the computational tasks and processes associated with the execution of artificial intelligence (AI) applications and algorithms. AI servers play a crucial role in artificial intelligence (AI) workloads, as they are specifically designed and optimized to handle the high-performance computing demands of AI applications. The role of AI workloads in an artificial intelligence server is to efficiently process and analyze large volumes of data using complex algorithms, enabling the server to perform tasks such as machine learning training and inference with enhanced speed, accuracy, and scalability. For instance, in January 2024, according to a report issued by Social Shepherd, a UK-based digital marketing agency, approximately 68% of employees want their employers to incorporate more AI technology in the workplace. Currently, 56% of employees utilize AI daily. Furthermore, in May 2022, according to the IBM Global AI Adoption Index 2022 by IBM, a US-based technology corporation, a poll conducted of 7,502 businesses found that 35-36% of global companies were already implementing AI, and 42-64% were exploring its potential. 64% of businesses believe that AI will improve business productivity, and 42% believe it will streamline job processes. Therefore, the growth of artificial intelligence (AI) workloads in a variety of industries will drive the growth of the artificial intelligence server market.

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The artificial intelligence server market covered in this report is segmented -
1) By Server Type: Artificial Intelligence (AI) Data Server, Artificial Intelligence (AI) Training Server, Artificial Intelligence (AI) Inference Server, Other Servers
2) By Hardware Architecture: GPU Servers, ASIC Servers, FPGA Servers, Other Server Architectures
3) By AI Server Infrastructure: Cloud, On-Premise, Edge
4) By End-Use: IT And Telecommunication, Transportation and Automotive, Banking, Financial Services, and Insurance (BFSI), Retail and E-commerce, Healthcare , Pharmaceutical, Industrial Automation

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