Report ID: SQMIG45A2163
Report ID:
SQMIG45A2163 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
92 |
Figures:
76
North America dominates the global server market due to its robust technological infrastructure, high adoption rates of cloud computing, and a significant presence of major IT companies and data centers. The region enjoys ongoing R&D investments, thereby enhancing innovation in the server technology landscape particularly in the regions of virtualization and edge computing. Furthermore, the growing popularity of powerful servers comes with the increasing need for big data analytics, artificial intelligence, and IoT applications. Moreover, the presence of a talented workforce as well as supportive government policies and an active startup culture contribute positively towards North America's competitiveness, further entrenching its dominance in the global server market.
According to various statistics, it seems that Europe is the fastest growing region for the global server market with the growth mainly focused on the digital transformation process in different sectors. The high proliferation of cloud services, big data and IoT solutions are increasing the need for improved server systems. Moreover, strict compliance regulations for data protection such as GDPR drive businesses to spend more on building secure and compliant IT systems to help protect data. Furthermore, attention to ideas such as green growth and energy efficiency comes into play regarding the design and installation of servers. Furthermore, it should be noted that growth is strengthened by the considerable funding made to smart city projects and Industry 4.0 elevating the profile of Europe as a key player in the changing global server market.
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Report ID: SQMIG45A2163