Servers Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
Servers Market Overview
The global Servers market was valued at US$ 100.04 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 5.53% to reach a value of US$ 130.95 billion by 2027. The cumulative revenue generation opportunities for Servers providers is estimated at US$ 683.82 billion between 2022 to 2027.
Servers Market Outlook, 2022-2027 (US$ Billion)
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The Servers market opportunity forecast report provides the total addressable market for the Servers solutions from 2019 to 2027.
| Market Size (2022) | US$ 100.04 billion |
| Market Size (2027) | US$ 33.35 billion |
| CAGR (2022-2027) | 5.53% |
| Key Regions | · North America
· South & Central America · Western Europe · Central & Eastern Europe · Middle East & Africa · Asia Pacific |
| Key Verticals | · Manufacturing
· Information Technology · Retail · Insurance · Retail Banking · Government · Construction · Transport and Logistics · Energy · Healthcare · Consumer Goods · Financial Markets · Utilities · Education · Communication · Foodservice · Travel and Leisure · Mining · Media · Pharmaceuticals · Medical Devices · Others |
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Servers Market Segmentation by Region
The Servers market is geographically segmented into North America, South & Central America, Western Europe, Central & Eastern Europe, the Middle East & Africa, and the Asia Pacific.
The Asia Pacific region dominated the Servers market with a revenue share of 35.3% in 2022. Undoubtedly, the China is the largest market with a market share of 31.6% in the Servers market in this region. Furthermore, North America and Western Europe held the second and third position of the market with a share of 31.5% and 17.1%, respectively.
Servers Market Analysis by Region, 2022 (%)
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Servers Market Segmentation by Vertical
Manufacturing, Information Technology, Retail, Insurance, Retail Banking, Government, Construction, Transport and Logistics, Energy, Healthcare and Consumer Goods among others are some of the key end-use industries using Servers in their operations.
In terms of vertical end-use segments, the Manufacturing Sector is the largest segment with 9.5% market share, followed by the Information Technology sector. Additionally, the Servers market for energy sector is anticipated to be the fastest growing segment recording an estimated CAGR of 8.09% during the forecast period.
Servers Market Analysis by Verticals, 2022 (%)
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Servers Market - Competitive Landscape
The major players significantly impacting the Servers market are Dell Technologies Inc, Hewlett Packard Enterprise Inc, Inspur, Huawei Technologies Co.Ltd. and Lenovo Group Limited among others.
Leading Servers Companies
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Scope
This product provides revenue opportunity forecasts in the Servers market from 2019 to 2027, spanning 52 geographical markets, 6 regions and 22 verticals.
Key Highlights
- The global Servers market is expected to grow at a CAGR of 5.53% over the forecast period.
- The global Servers market over the forecast period is expected to be led by Asia Pacific with a share of 35.3%, followed by North America and Western Europe with shares of 31.5% and 17.1%, respectively. The Middle East, Africa, Central and Eastern Europe, and South and Central America together are expected to account for the remaining market share of 16.1%.
Reasons to Buy
- Access the current state and expected growth (next 5 years) of the Servers
- Determine the most lucrative sectors for Servers considering their current contribution to the overall Servers market and their expected contribution to the growth of the market over the next 5 years.
- Identify the geographies/countries who would be the contributors to the growth of Servers market over the next 5 years.
Frequently Asked Questions
The global Servers market size was estimated at US$ 100.04 billion in 2022 and is expected to reach US$ 104.29 billion in 2023.
The global Servers market is expected to grow at a compound annual growth rate of 5.53% over the forecast period to reach US$ 130.95 billion by 2027.
The manufacturing sector was the largest vertical with 9.5% market share in 2022.
The Asia Pacific region dominated the Servers market with 35.3% market share in 2022.
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