Press release
Enterprise Server Market Size, Competitive Analysis, Share, Forecast 2024-2033
Enterprise Server Market
The Business Research Company presents an extensive market research report on the Enterprise 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 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.
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Key Market Players:
Major companies operating in the enterprise server market report are Google LLC, Microsoft Corporation, Alibaba Group Holding Limited, Dell Inc. , Huawei Technologies Co. Ltd., Hitachi Ltd., Amazon Web Services (AWS) Inc., Lenovo Group Limited, Intel Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, Micron Technology Inc., Hewlett Packard Enterprise Company, NVIDIA Corporation, NEC Corporation, Advanced Micro Devices Inc., ASUSTeK Computer Inc., VMware Inc., Acer Inc., NetApp Inc. Super Micro Computer Inc., Pure Storage Inc., Nutanix Inc., OVH Groupe SAS, Inspur Group Limited, Linode LLC
Market Drivers:
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.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/enterprise-server-global-market-report
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
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