What is the global market size of Server Market?

Server Market size was valued at USD 81.70 Billion in 2021 and is poised to grow from USD 89.30 Billion in 2022 to USD 181.89 Billion by 2030, at a CAGR of 9.3% during the forecast period (2023-2030).

Who are the key vendors in the Global Server Market?

The global server market is highly competitive and characterized by the presence of several major players. These companies strive to maintain their market position and gain a competitive edge through various strategies such as mergers and acquisitions, partnerships, product innovations, and expansions. The competitive landscape of the market is constantly evolving as companies adapt to changing customer demands and technological advancements. In recent years, there has been a strong focus on innovation and the development of advanced server technologies. Market players are investing in research and development activities to introduce more powerful and efficient server solutions. For instance, Dell Technologies launched the PowerEdge XE8545 server in 2022, which is designed for high-performance computing workloads and features AMD's latest processors. The market is driven by technological advancements, increasing demand for cloud services, and the need for scalable and efficient server solutions. Continued innovation, strategic partnerships, and focus on customer requirements will be vital for companies to maintain their competitiveness in the evolving server market. 'Dell Technologies Inc. (US)', 'Hewlett Packard Enterprise (HPE) (US)', 'IBM Corporation (US)', 'Lenovo Group Limited (China)', 'Cisco Systems, Inc. (US)', 'Huawei Technologies Co., Ltd. (China)', 'Inspur Group (China)', 'Fujitsu Limited (Japan)', 'NEC Corporation (Japan)', 'Oracle Corporation (US)', 'Super Micro Computer, Inc. (US)', 'Quanta Computer Inc. (Taiwan)', 'Wistron Corporation (Taiwan)', 'Inventec Corporation (Taiwan)', 'ASUSTeK Computer Inc. (Taiwan)', 'Pegatron Corporation (Taiwan)', 'MiTAC Holdings Corp. (Taiwan)', 'Sugon Information Industry Co., Ltd. (China)', 'Wiwynn Corporation (Taiwan)', 'ZT Systems (US)'

What is the key driver of Global Server Market?

The growing adoption of cloud computing and the demand for scalable infrastructure and storage solutions drove the server market in 2022. Organizations across various industries embraced cloud services for their flexibility, cost-effectiveness, and the ability to scale resources on-demand.

What is the key market trend for Global Server Market?

Hybrid and Multi-Cloud Environments: The adoption of hybrid and multi-cloud environments gained momentum in 2022. Organizations leveraged a combination of private, public, and edge clouds to optimize their infrastructure, enhance flexibility, and achieve better workload distribution. This trend drove the demand for servers capable of supporting hybrid and multi-cloud deployments.

Which region accounted for the largest share in Global Server Market?

In 2022, North America is expected to dominate the server market and continue its dominance, accounting for over 40% of the market share by 2030. This can be attributed to the presence of significant companies in the region, including Alphabet Inc., Dell Inc., Hewlett Packard Enterprise Development LP, and Microsoft. Additionally, the high adoption of cloud services in North America contributes to the growth of the regional market. For example, a survey conducted by BARC, a German analyst firm for business software, in November 2020 revealed that 29% of respondents in North America were fully committed to using a cloud strategy, compared to only 19% in Europe.

Server Market Size, Share, Growth Analysis, By Product(Blade, Micro, Open Compute Project, Rack), By Enterprise Size(Micro, Small, Medium, Large), By Channel(Direct, Reseller, System Integrator, Others), By End Use(BFSI, Energy, Government & Defense, Health Care), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45A2163 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 92 | Figures: 76

Server Market News

In March 2024, Lenovo introduced its new ThinkSystem SR670 V3 server, designed for high-performance computing and AI workloads. This latest model features advanced cooling technologies and improved energy efficiency, enabling enterprises to handle demanding applications while reducing operational costs, reinforcing Lenovo’s commitment to innovation in the global server market.
In February 2024, Cisco announced enhancements to its Unified Computing System (UCS) with the introduction of new, high-density server configurations. These upgrades focus on optimizing performance for hybrid cloud environments, allowing organizations to scale rapidly while maintaining efficiency. This development aligns with Cisco’s strategy to support modern IT infrastructure demands.
In January 2024, Fujitsu launched its new PRIMEQUEST servers, featuring cutting-edge security features and AI capabilities. Intended for use in mission critical applications, these servers are meant to offer greater data protection and processing power. This step reaffirms Fujitsu’s commitment to the development of economically viable and durable packages that will meet changing demands of businesses in the world.

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Global Server Market size was valued at USD 89.30 Billion in 2022 and is poised to grow from USD 97.6 Billion in 2023 to USD 198.81 Billion by 2031, at a CAGR of 9.3% during the forecast period (2024-2031).

In the global server market, companies are competing with each other through enhancements in performance and power. Market is led by Dell Technologies, HPE, IBM, Cisco and others who provide different types of servers according to business requirements. In addition, new players such as Lenovo and Supermicro are also entering the market with a focus on low-priced and highly expandable options. This competition encourages technological improvement among the players to meet the ever-changing high consumer demand and the need to address new trends. 'Dell Technologies Inc. (US)', 'Hewlett Packard Enterprise (HPE) (US)', 'IBM Corporation (US)', 'Lenovo Group Limited (China)', 'Cisco Systems, Inc. (US)', 'Huawei Technologies Co., Ltd. (China)', 'Inspur Group (China)', 'Fujitsu Limited (Japan)', 'NEC Corporation (Japan)', 'Oracle Corporation (US)', 'Super Micro Computer, Inc. (US)', 'Quanta Computer Inc. (Taiwan)', 'Wistron Corporation (Taiwan)', 'Inventec Corporation (Taiwan)', 'ASUSTeK Computer Inc. (Taiwan)', 'Pegatron Corporation (Taiwan)', 'MiTAC Holdings Corp. (Taiwan)', 'Sugon Information Industry Co., Ltd. (China)', 'Wiwynn Corporation (Taiwan)', 'ZT Systems (US)'

The rapid shift towards cloud computing is a significant driver of the global server market. For the reasons of scalability, budgetary concerns and flexibility, cloud platforms have become the most preferred choice for almost all businesses. This change is calling for the advanced server solutions in the market which can accommodate vast amounts of data storage and processing hence the growth in the market.

Rise of Edge Computing Solutions: The global server market is gradually transforming mainly by embracing more edge computing solutions. The demand for instantaneous data processing and low latency applications is the main driving force behind this trend. Hence, this enables the placement of compact yet efficient servers near the data sources to improve performance and reliability across different sectors.

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.

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What is the global market size of Server Market?

Who are the key vendors in the Server Market?

What is the key driver of Server Market?

What is the key market trend for Server Market?

Which region accounted for the largest share in Server Market?

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