Servers Market Size and Forecast (by Country, IT Solution Area, Size Band and Vertical) to 2027
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Servers Market Overview
The global servers market size was valued at US$ 100.04 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 5.52% to reach US$ 130.87 billion by 2027. The cumulative revenue generation for server providers is estimated at US$ 683.82 billion for 2022-2027.
Servers Market Outlook, 2022-2027 (US$ Billion)
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The ‘Servers Market’ opportunity forecast report provides the total addressable market for server solutions from 2019 to 2027.
Market Size (2022) | US$ 100.04 billion |
Market Size (2027) | US$ 130.87 billion |
CAGR (2022-2027) | 5.52% |
Key Segments | · High-end Servers
· Low-end Servers · Managed Servers Services · Mid-range Servers |
Key Regions | · North America
· South & Central America · Western Europe · Central & Eastern Europe · Middle East & Africa · Asia Pacific |
Key Verticals | · Manufacturing
· Information Technology · Retail · Retail Banking · Government · Insurance · Transport and Logistics · Healthcare · Construction · Energy · Consumer Goods · Financial Markets · Utilities · Communication · Education · Foodservice · Travel and Leisure · Media · Pharmaceuticals · Mining · Medical Devices · Others |
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Servers Market Segmentation by Region
The servers market is geographically segmented into North America, South and Central America, Western Europe, Central and Eastern Europe, 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, China held the largest market share of 31.6% in this region. On the other hand, North America and Western Europe held the second and third positions with 31.5% and 17.1% of market shares, respectively.
Servers Market Share 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, and healthcare are a few of the key end-use industries making use of servers in their operations. In terms of vertical end-use segments, the manufacturing sector held the highest market share of 9.5%, followed by the information technology sector.
The servers market for the energy sector is expected to be the fastest-growing segment, recording an estimated CAGR of 8.08%, during the forecast period.
Servers Market Share by Verticals, 2022 (%)
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Servers Market - Competitive Landscape
A few of the major players significantly impacting the servers market are Hewlett Packard Enterprise (HPE), Dell Technologies, Lenovo, IBM Corporation, and Inspur 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 5.52% over the forecast period.
- Asia Pacific will hold the highest market share of 35.3% in the servers market over the forecast period. North America and Western Europe will follow with market 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 lucrative sectors for servers, considering their current contribution to the overall servers market and their expected input toward the market growth over the next 5 years.
- Identify the geographies/countries that would contribute to the servers market growth over the next 5 years.
Frequently asked questions
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What was the servers market size in 2022?
The servers market size was estimated at US$ 100.04 billion in 2022 and is expected to reach US$ 104.32 billion in 2023.
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What will the servers market growth be by 2027?
The servers market is expected to grow at a compound annual growth rate of 5.52% over the forecast period to reach US$ 130.87 billion by 2027.
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Which industry vertical led the servers market in 2022?
The manufacturing sector was the largest vertical with 9.5% market share in 2022.
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Which region accounted for the largest servers market share in 2022?
The Asia Pacific region dominated the servers market with 35.3% market share in 2022.
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