Data Center Server Market

Data Center Server Market Predicted Expected to Witness a Sustainable Growth by 2030 The global data center server market is expected to register a commendable growth rate over the estimated timeframe. This growth is driven mainly by the surging number of data center deployments across the world. Citing an instance, In May 2022, Etisalat set up a data center in the United Arab Emirates to serve the increasing end-user demands. Furthermore, in June 2022, Africa Data Centers deployed a new data center in Cape Town to strengthen its position in the region. Developments such as these are anticipated to bolster market dynamics over the forecast spell. However, failures in data center hardware have resulted in downtimes, which may inhibit product demand. Data center downtime owing to server failure can also cause monetary and operational losses, which may impede industry progress. The data center server industry is segmented in terms of type, data center size, application, and region. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Continue:- In terms of type, the data center server market is bifurcated into micro, tower, blade, and rack. the micro segment was valued at over USD 20 billion in 2021, driven by the growing penetration of micro data centers. Companies are acknowledging the demands of the growing micro data center industry to provide inventive solutions. Citing an instance, Hewlett Packard Enterprise provides the Proliantmicroserver Gen10 Plus that can be tailored for on-premises or hybrid cloud environments. As per the data center size, the industry is divided into small, medium, and large. Of these, the large data center segment registered revenue worth more than USD 25 billion in 2021. Prominent cloud service providers are making strategic investments to develop large data centers in countries like the U.S. In June 2022, NTT Ltd. purchased land in Virginia to develop a large-scale data center site with a planned capacity of 336 MW. In terms of application, the energy segment accounted for a 10% share of the data center server industry in 2021. Data centers are used to manage multi-terabyte volumes of data for crucial activities such as the engineering of unconventional systems and seismic interpretation. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

360° Industry Analysis Many energy firms are joining forces with renowned and trusted data center partners to create effective data processing, data transfer, high-performance computing, and backup. Rising smart grid deployments across the world will facilitate the construction of advanced data center facilities, which may augment industry demand. Regionally, the Europe data center server market accounted for a 25% industry share in 2021. This growth can be accredited to the rising deployment of data centers in the region. Citing an instance, Schneider Electric introduced a prefabricated data center service in Europe in June 2022. Through this move, the company is aiming to offer containerized data centers, ranging from 27kW to 80kW, made in its manufacturing plant in Barcelona. Request for customization:https://www.gminsights.com/roc/4930 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Data Center Server Market