Enterprise Server Market Trends

  • Report ID: 2709
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Enterprise Server Market Trends

Growth Drivers

  • Increasing Adoption of Cloud Technology - It is expected that rapid server virtualization has resulted in enterprises shifting their data storage to the private cloud, therefore raising the need for the deployment of enterprise servers. For instance, more than 40 percent of European enterprises used cloud computing in the year 2021.
  • Rise in Demand for Data Center Memory – There has been a surge in the demand for data center memory owing to the rise in enterprise data. Therefore, it is predicted to surge the growth of the global enterprise server market. As per the estimate, nearly 38 percent of the global storage requirements are increasing every year.
  • New Product Launches to Flourish the Market- With the new product launches, the enterprise server market is predicted to grow. AWS on April 2021, launched the SAP deployments of SUSE Linux enterprise server that is easy to use and adheres to the best of AWS practices.

Challenges

  • High Installation Cost and Shift towards Cloud Services- Installation of enterprise server costs significantly high to the organizations. Moreover, enterprise servers demand frequent upgrades and maintenance, therefore adding more costs to the organizations. Additionally, there is also a fear of failure of server equipment among the organizations, the repairing of which costs significantly high. Global enterprise server spending grew 10.8% in 2021 and rise steadily.
  • Lack of Advanced Technical Expertise
  • Cyber Hacking and Security Threats

Enterprise Server Market: Key Insights

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.

Enterprise server market Graph

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

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 2709
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of enterprise server is evaluated at USD 93.14 billion.

The enterprise server market size was over USD 87.67 billion in 2024 and is expected to exceed USD 219.71 billion by the end of 2037, growing at over 7.7% CAGR during the forecast period i.e., between 2025-2037. Surge in use of high-end servers, and demand for more data center memory will boost the market growth.

North America industry is predicted to be the largest with a share of about 35% by 2037, due to the growing adoption of advanced technologies, such as cloud computing, IoT, big data, and virtualization.

The major players in the market include Toshiba Corporation, Oracle Corporation, Cisco Systems Inc., Lenovo, Dell Technologies Inc., Inspur International Co., Ltd, Super Micro Computer Inc., IBM Corporation, Hewlett Packard Enterprise Development LP, NEC Corporation.
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