Selbyville, Delaware, Feb. 16, 2021 (GLOBE NEWSWIRE) --
According to latest report “Data Center Server Market by Type (Rack, Tower, Blade, Micro), Data Center Size (Small, Medium, Large), Application (BFSI, IT & Telecom, Government, Healthcare, Energy, Manufacturing), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2027”, by Global Market Insights, Inc., the market valuation of data center server will cross $100 billion by 2027. The high demand for advanced data center infrastructure solutions from several industry verticals will propel the market growth.
There is increasing demand for tower servers that deliver powerful performance and versatile storage configurations in a small footprint for SMBs to large institutions. These servers come with the capacity for high customization and optimization, enabling organizations to adopt a server configuration as per requirements. As businesses expand, their IT requirements also grow. The scalability and agility offered by tower servers boost their demand from emerging and expanding businesses. These servers also ensure quieter operations compared to other server types. Players are focusing on offering innovative solutions in the tower server domain.
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The developing healthcare sector adopting digitalization will offer growth opportunities to the data center server market. Healthcare organizations are accepting POS terminals to accept digital payments and to enable contactless transactions in the wake of the pandemic. They are also using cloud POS software solutions to employ an integrated platform that controls the payment transactions across the entire premise. Similarly, they are also using technologies, such as video conferencing and telemedicine, to enable remote consultations. Increasing penetration of digitalization across the healthcare sector will influence the demand for robust data center infrastructure solutions for efficient data management.
Europe data center server market will observe exponential growth opportunities due to the robust manufacturing sector. Large automotive manufacturers, such as BMW AG and Mercedes-Benz, employ sophisticated technologies, such as machine learning and IoT, in their production facilities to drive productivity. The increasing data traffic will spur the demand for advanced IT infrastructures that efficiently store and transfer large volumes of data. As servers form a vital component of a data center facility, the market will witness growth with the growing demand from the manufacturing industry. Rising number of manufacturers employing advanced digital technologies will fuel the demand for data center servers for data storage and networking.
Key players operating in the data center server market include Hitachi Ltd., Huawei Investment & Holding Co. Ltd., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Lenovo Group Ltd., Oracle Corporation, Hewlett Packard Enterprise Co., International Business Machines Corp., NEC Corporation, and ATOS SE. Companies are focusing on launching new innovative solutions to strengthen their offerings and market position. They are also offering supporting software solutions for the remote monitoring of servers.
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Some major findings of the data center server market report are:
- The expansion of the data center industry globally will enhance the demand for high-performance servers. Data center operators are strengthening their market presence by establishing new data centers in untapped regions.
- Increasing demand for compact servers from modular and micro data centers will foster the demand for micro servers. Micro data centers have gained popularity over the recent years due to growing demand from SMBs. This will, in turn, boost the adoption of micro servers.
- The expanding industrial sector in Asia Pacific and North America will offer strong growth opportunities to the data center server market. As industries adopt compute-intensive technologies, such as cloud, AI, and machine learning, there is a growing need to upgrade existing data center infrastructures. This will fuel the server industry growth.
- High adoption of technologies, such as digital banking, video conferencing, video on-demand, and mobile learning in several countries, has impelled the need for high performance data center servers that can handle the increased data traffic
- As small businesses have limited storage requirements, they prefer small and medium-sized data centers. Increasing demand for small & medium scale data centers will propel the demand for cost-effective and compact servers.
Table of Contents (ToC) of the report:
Chapter 3 Data Center server Market Insights
3.1 Industry segmentation
3.2 Impact of coronavirus (COVID-19) pandemic
3.2.1 Global outlook
3.2.3 Industry value chain
3.2.3.1 Raw material suppliers
3.2.3.2 Component suppliers
3.2.3.3 Manufacturers
3.2.4 Competitive landscape
3.2.4.1 Marketing
3.2.4.2 Distributors
3.2.4.3 Service providers
3.3 Industry ecosystem analysis
3.4 Technology & innovation landscape
3.4.1 AI-based servers
3.4.2 Cloud-based data center servers
3.4.3 Server virtualization
3.5 Regulatory landscape
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.2 Industry pitfalls & challenges
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
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About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.