Data Center Server Market Observes Strong CAGR Demand and Development by 2027
The data center server market is estimated to grow at a steady pace over the coming years conditioned to robust demand for advanced data center infrastructure solutions from different industries. High implementation of technologies such as video conferencing, mobile learning, digital banking, and video on-demand in many countries has driven the need for high performance data center servers which can handle large volumes of data traffic. Growing demand for small and medium scale data centers by businesses is anticipated to push the need for compact and cost-effective servers.
There is an increasing demand from SMBs for micro data centers. The need for compact servers from micro and modular data centers could also boost the demand for micro servers. Considering rising need, data center operators are adding innovative, advanced solutions and are forming new data centers in untapped locations. For example, in 2017, Fujitsu introduced its new and refreshed range of quad- and dual-socket PRIMERGY servers as well as octo-socket business critical server systems crafted to help organizations build their foundations for digital transformations. Based on such innovations, GMI, Inc., reports that the data center server market may surpass a valuation of USD 100 billion by 2027.
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Elaborated below are some of the key trends driving data center server market expansion:
- Rising demand for tower servers
Tower servers are witnessing a high demand as they deliver versatile storage configurations and powerful performance in a small footprint for SMBs to big institutions. These servers have the capacity for high optimization and customization, hence allowing firms to adopt a server configuration that fits to their requirements. Compared to other servers, tower servers ensure quiet operations. The agility and scalability provided by tower servers can propel their demand by expanding and emerging businesses.
- Increasing adoption in the healthcare sector
Several healthcare organizations are using POS terminals to allow contactless transactions and accept digital payments during the pandemic. They are adopting cloud POS software solutions to employ an integrated platform which controls payment transactions throughout the whole premise. The industry is also using technologies like telemedicine and video conferencing, in order to enable remote consultations. Growing presence of digitalization is likely to fuel the demand for data center server market for efficiently managing data.
- Presence of key automotive manufacturers in Europe
Promising manufacturing sector along with rising adoption of advanced digital technologies is expected to boost the demand for data center servers for networking and data storage. Major automotive manufacturers such as Mercedes-Benz and BMW AG are using sophisticated technologies including IoT and machine learning, in their production centers to accelerate productivity. Surge in data traffic could drive the demand for advanced IT infrastructures which can efficiently help transfer and store vast volumes of data.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.2 Methodology & forecast parameters
1.3 Data sources
1.3.1 Secondary
1.3.2 Primary
Chapter 2 Executive Summary
2.1 Data center server market 360º synopsis, 2017 - 2027
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Type trends
2.1.4 Data center size trends
2.1.5 Application trends
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