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The small data center server market size is anticipated to register 13% growth between 2022 and 2030. This projection can be accredited to the growing adoption of technologies such as cloud computing and AI by small- and medium-scale businesses, propelled by the deployment of servers across data center facilities. Furthermore, there is a rise in the number of implementations of micro data centers that serve the requirements of small-scale businesses. This will foster the launch of advanced and high-performance compact servers by key industry players
The BFSI application is set to value more than USD 20 billion by 2030. Banks and financial institutions face issues related to data processing and storage which has escalated the demand for flexible and scalable data centers. The growing integration of digitization in the industry will augment the demand for advanced infrastructures for effective management of data traffic. With the rising adoption of digital payment methods, there is a growing demand for state-of-the-art data management solutions to store large volumes of data, further influence data center server market statistics.
The Asia Pacific data center server market share is poised to grow at 15% growth rate through 2030 credited to surging digitization in the region. Government bodies are influencing the integration of digital services.