Press release
Rugged Servers Anticipates US$ 945.5 Million Valuation by 2032, Driven by 6.5% CAGR
The rugged servers market was estimated to be worth US$ 506.0 million in 2021 and is expected to grow by 6.5% year over year to reach US$ 539.0 million in 2022.Demand is predicted to increase at a 5.8% value CAGR over the assessment period of 2022-2032, most likely reaching US$ 945.4 million by the conclusion of the forecast period.
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By incorporating cutting-edge innovations, service providers can reduce operational costs while enhancing returns on investment. Additionally, evolving compliance and governance standards are expanding opportunities within the rugged servers market. As countries navigate industry-specific regulations, experience market consolidation, and adopt advanced technologies, the global rugged servers market is poised for significant transformations.
Increasing expenditures in the IT and cloud services sector are expected to drive global growth in the rugged servers market. Government support for research and development, along with substantial investments in technological advancements, is anticipated to accelerate the adoption of rugged servers. These developments are set to propel the managed services market forward.
Key Companies Profiled:
• Dell Technologies
• Mercury Systems
• Siemens
• Core Systems
• Crystal Group
The extensive use of rugged servers in military and aerospace, telecommunications, and various industries is significantly driving the growth of the rugged server market in the forecast years. The surge in digitalization across all sectors further propels market expansion.
The growing importance of a mobile workforce and the need for constant, reliable access to information have led enterprises to adopt rugged servers, thereby boosting market growth.
Additionally, increased government investments in developing cutting-edge technologies to maintain a competitive edge over other countries have escalated the demand for rugged servers, further fueling market expansion.
Read More: https://www.factmr.com/report/rugged-servers-market
Competitive Landscape:
The global market for rugged servers is characterized by the presence of multiple vendors, aiming to offer extensive consulting and integration services to clients. Additionally, enterprises are seeking out, specialized service providers, offering solutions tailor-made to suit their business objectives. In addition, the vendors are likely to leverage up-gradation to gain an edge over other competitors in the market.
• In April 2022 Crystal Group, Inc., a leading designer, and manufacturer of rugged computer and electronic hardware announced its first VMware-validated configuration of virtualization-enabled servers. In collaboration with Intel and VMware, Crystal Group developed its VMware Validated Solution to consolidate the work of multiple discrete hardware solutions into a single, hyper-converged system. This software-agnostic, hyper-converged system combines real-time automation, remote management, cybersecurity, auto failover, and zero-trust security features for utilities as they pursue significant power grid modernization efforts.
• In November 2021, Mercury Systems a leader in trusted, secure mission-critical technologies for aerospace and defense, completes the acquisition of Avalex Technologies. The acquisition is directly aligned with strategy and will enable the growing demand for digitally converged solutions in the C4I and platform/mission management markets.
Key Segments Covered in the Rugged Servers Market Study:
• By Offering :
o Hardware
o Software & Services
• By Type :
o Dedicated
o Standard
• By Memory size :
o 512GB-1TB
o >1TB
• By Application :
o Military and Aerospace
o Telecommunication
o Industrial Applications
o Energy & Power
o Marine Applications
o Other Applications
• By Region :
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o Latin America
In conclusion, the rugged servers market is experiencing a significant surge in growth driven by increased spending in the IT and cloud services industry. Support from government initiatives for research and development, along with substantial investments in technological innovation, are key factors driving the adoption of rugged servers. This trend not only strengthens the rugged servers market but also provides traction to the managed services sector, indicating a promising outlook for both segments in the foreseeable future.
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