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Server Market Trends

  • Report ID: GMI10678
  • Published Date: Aug 2024
  • Report Format: PDF

Server Market Trends

The continuous evaluation of server technologies such as software-defined infrastructure, security, edge and quantum computing, artificial intelligence optimization, memory-centric computing, hybrid cloud-edge integration, energy efficiency, containerization, and customized solutions supports the development and maintenance of adaptable and effective IT infrastructure for corporate innovation and digital transformation. As the market continues to evolve, further innovations in areas such as AI acceleration, edge computing, and sustainability, with major players competing to provide the most efficient, powerful, and flexible solutions to meet the diverse needs of modern enterprises and cloud providers is anticipated to drive the market growth.
 

Additionally, the increasing integration of AI in servers enables organizations to leverage machine learning algorithms for data analytics, predictive maintenance, and pattern identification. Hardware manufacturers are also innovating to meet the demands of AI and machine learning workloads. For instance, in January 2023, NVIDIA launched new AI-powered server technologies, including the A100 Tensor Core GPUs, which provide enhanced performance for AI and machine learning workloads. The company continues to lead in AI hardware development for data centers.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global server industry was valued at USD 119.8 billion in 2023 and is anticipated to register over 10% CAGR between 2024 and 2032, driven by expansion of data centers and significant investments in AI-centric infrastructure.

The large enterprises segment in the market is expected to record 9% CAGR through 2032 due to the cost-effectiveness and ease of hosted application servers.

North America server market held 40% revenue share in 2023 due to the presence of advanced IT infrastructure.

Dell Technologies Inc., Foxconn (Hon Hai), Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Inspur Group Co., Ltd., and Intel Corporation, among others.

Server Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 310
  • Countries covered: 21
  • Pages: 290
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