Product (Rack, Blade, Tower, Micro, Open Compute Project)
The rack segment in the server market is projected to gain about 37.9% share through 2037. Benefits from the rack server, like reduced space requirements and increased efficiency, are driving the segment's rise in a number of different industries. Rack servers are distinguished by their design, which calls for mounting in a rigid rack. Utilizing data from the organization's data center and computing environment at the organizational level, a rack server operates. This kind of server is incredibly dependable, scalable, and efficient. These servers make data center space more effectively utilized. Rack servers are similar to PCs, however they are wider in shape. They can be mounted using rails or screws.
Since it requires the least amount of money to install, it is regarded as the most cost-effective and efficient choice for this kind of server. Because of their design, rack servers are incredibly powerful, easy to install and maintain, and take up very little space. It is the perfect type for the demand of fewer servers because of its higher cooling capacity. For instance, in August 2023, with the AMD EPYC 4th Gen processor, HP unveiled the HPE ProLiant DL360 Gen11 server, designed to handle applications that require a high level of core density and performance. This server can support up to 96 cores per server.
End user (IT & Telecom, BFSI, Government & Defense, Healthcare, Energy, Others)
Based on the end user, the IT & telecom segment is likely to hold a 40.7% share of the global server market during the forecast period. The segment's growth is being accelerated by the IT and telecom industries' growing infrastructure development, which is a result of the world's population growing. In recent times, there has been a change in the IT and telecom sectors. Large databases created by the use of fixed-to-mobile broadband services and cloud-based services fuel the need for effective servers to maintain data.
The server market is also growing as a result of the deliberate development in the telecommunications sector and the growing numbers of mobile phone users. The market is expanding due to the top telecom providers' increasing development of mobile applications and multimedia capabilities, which increase demand for high-quality service.
Our in-depth analysis of the server market includes the following segments:
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Author Credits: Abhishek Verma
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