Press release
Enterprise Server Global Market Report 2024 - By Size, Drivers, Trends, Scope, Forecast To 2033
Enterprise Server Market
Enterprise Server Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $172.13 billion In 2028 At A CAGR Of 10.7% :
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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Enterprise Server Market Major Segments
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
Key Driver - Demand For Data Center Services Fuels Enterprise Server Market Expansion
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.
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Prominent Trend - Focus On Enterprise Storage Server For AI Workloads To Gain A Competitive Edge In The Market
Major companies operating in the enterprise server market are focusing on technologies, such as artificial intelligence (AI), to gain a competitive edge in the market. An enterprise storage server (ESS) designed for AI typically incorporates advanced features and capabilities to support the demanding requirements of AI workloads, which often involve large-scale data processing, model training and inference tasks. For instance, in August 2022, the International Business Machines Corporation, a US-based technology corporation, launched Enterprise Storage Server (ESS) 3500. Enterprise storage server (ESS) 3500 is a spectrum-scale enterprise storage server (ESS) optimized for artificial intelligence (AI) workloads. This provides fast storage for artificial intelligence (AI) in modeling and training by using multiple types of storage with a faster controller CPU and up to 91 GB/sec sequential read.
Enterprise Server 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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the enterprise server market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise server market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Enterprise Server Market Report Structure
3. Enterprise Server Market Trends And Strategies
4. Enterprise Server Market - Macro Economic Scenario
5. Enterprise Server Market Size And Growth
…..
27. Enterprise Server Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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