Growth Drivers
Challenges
The global enterprise server market is segmented by regions into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Among these regions, the market in North America registered the largest market share of 34.0% in the year 2019 and is expected to grow at a CAGR of 10.5% during the forecast period. Growing adoption of advanced technologies, such as cloud computing, IoT, big data and virtualization among others is anticipated to drive the growth of the market in the region. The market in the region also registered a value of USD 26,003.2 million in the year 2019 and is anticipated to gain an incremental $ opportunity of USD 2413.1 million in the year 2020 as compared to the previous year. Moreover, the North America enterprise server market is also anticipated to gain an absolute $ opportunity of USD 18,342.4 million by growing at 1.64x during the forecast period. The market in the region is primarily driven by nations such as the U.S. and Canada, out of which, the market in the U.S. is expected to exhibit substantial growth during the forecast period on the back of the growing adoption of big data and cloud computing.
The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
7.7% |
Base Year Market Size (2024) |
USD 87.67 billion |
Forecast Year Market Size (2037) |
USD 219.71 billion |
Regional Scope |
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Author Credits: Abhishek Verma
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