The global server data center market is expected to grow with a CAGR of 8.7% from 2023 to 2028

According to a market report by Lucintel, the future of the global server data center market looks promising with opportunities in the BFSI, energy, government, healthcare, IT & telecom, and manufacturing applications. The global server data center market is expected to reach an estimated $155.6 billion by 2028 with a CAGR of 8.7% from 2023 to 2028. The major drivers for this market are growing inclination of organizations towards cloud-based and AI-enabled technologies, increasing data traffic from a variety of sources, such as Internet of Things devices, social media, and online transactions, and rising need for seamless connectivity, which requires reliable server data centers to support remote collaboration, communication, and data access.

In this market, rack, blade, tower, and micro are the major segments of global server data center market by product type. Lucintel forecasts that rack is expected to witness the highest growth over the forecast period due to its significant demand from data centers owing to its effective use of space, scalability, and simplified management. 

Within this market, BFSI will remain the largest segment due to rapid digitization among financial sector, growing demand for online payment, and robust demand for adaptable and scalable data centers to facilitate effective data processing and storage.

North America will remain the largest region over the forecast period due to considerable demand for edge computing and supportive investment in the development of 5G networks in the region.

Atos SE, Cisco Systems, Dell Technologies, Digital Realty Trust, Egenera, Fujitsu, and Hewlett Packard Enterprise are the major suppliers in the global server data center market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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