Press release
Data Center Blade Server Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions
Data Center Blade Server Global Market Report 2024
According to The Business Research Company's, The data center blade server market size has grown strongly in recent years. It will grow from $6.46 billion in 2023 to $18 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to the digitization of consumer health records in the form of electronic medical records (EMR), lower power consumption, increased productivity of the existing infrastructure, flexibility in configuration, and virtualization adoption.
The data center blade server market size is expected to see strong growth in the next few years. It will grow to $25.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to edge computing expansion, 5G network rollout, AI and machine learning integration, evolving security requirements, and increased remote work. Major trends in the forecast period include technological advances, 5G-ready Infrastructure, energy-efficient solutions, flexible and modular designs, and increasing acquisitions.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/data-center-blade-server-global-market-report
Market Drivers and Trends:
The increasing adoption of IoT is expected to propel the data center blade server market going forward. IoT (Internet of Things) refers to the interconnected network of physical devices, vehicles, appliances, and other objects embedded with sensors, software, and network connectivity, enabling them to collect and exchange data. The increasing adoption of IoT is driven by its ability to enhance efficiency, improve customer experiences, leverage advanced technologies In data center blade servers, IoT is utilized to monitor and manage server performance, energy consumption, and security, optimize overall operational efficiency, and contribute to smart and automated data center environments. For instance, in January 2022, data from the GSM Association, a UK-based non-profit industry organization, predicted that the number of IoT connections globally is expected to exceed 23.3 billion by 2025, a significant rise from the 15.1 billion connections that were registered in 2021. Therefore, the increasing adoption of IoT is driving the growth of the data center blade server market.
Rising Data Traffic Boost The Market Growth
The increasing data traffic is expected to boost the growth of the data center blade server market going forward. Data traffic refers to the movement of digital data packets across a computer network or the internet. Data center blade servers play a crucial role in managing increasing data traffic demand by providing efficient, scalable, and highly integrated computing infrastructure. With their high-density design, modular scalability, integrated networking and management features, blade servers are designed to maximize computing density within data center racks. For instance, in 2021, according to the World Bank, a US-based financial institution, the total global internet traffic increased by about 50% 2022 from 2020 levels, reaching 4.8 zettabytes, equal to 150,000 GB per second. Therefore, increasing data traffic is driving the growth of the data center blade server market.
Major companies operating in the data center blade server market are focused on developing innovative server solutions, such as arm-based grace servers, to strengthen their position in the market. The ARM-based Grace servers are a new line of high-performance computing (HPC) servers. For instance, in May 2022, Nvidia, a US-based software company, launched Grace's CPU-powered system. This system includes the NVIDIA Grace CPU Superchip, which is made up of two CPU chips connected cohesively via NVLink-C2C, a high-speed, low-latency chip-to-chip connection. NVIDIA's inaugural data center CPU, the Grace CPU Superchip, integrates 72 high-performance Arm v9 cores within a system-on-chip (SoC) framework. This pioneering architecture amalgamates NVIDIA's Arm processor proficiency and on-chip fabrics to amplify performance and efficiency in data center functionalities.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14694&type=smp
Major Key Players of the Market:
Dell Inc, Huawei Technologies Co. Ltd, Lenovo, Intel Corporation, Cisco Systems Inc, Oracle Corporation, Quanta Computer, Fujitsu Limited, Hewlett Packard Enterprise Development LP, NVIDIA Corporation, NEC Corporation, AMD (Advanced Micro Devices), Inventec Corporation, ASUS, Bull Atos Technologies, Atos SE, Wiwynn Corporation, Super Micro Computer, Inc, Arm Ltd, Hitachi Vantara Corporation, Inspur Software Co. Ltd, Sugon, MSI (Micro-Star International), TYAN Computer Corporation, ASRock Rack, ZT Systems
Data Center Blade Server Market 2024 Key Insights:
• The data center blade server market size is expected to see strong growth in the next few years. It will grow to $25.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.
• IoT Adoption Propelling Growth In Data Center Blade Server Market
• Innovation With ARM-Based Solutions In Data Center Blade Server Market
• North America was the largest region in the data center blade server market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=14694&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Center Blade Server Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions here
News-ID: 3691420 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
