Research Nester published a detailed report on the Global Enterprise Server Market that offers distinct analytical insights adopted by major market players to fulfill the storage and load management requirements from data centers. Our research specialists provide our readers a clear understanding on ongoing and upcoming trends coupled with the challenges associated with the growth of the market in the next few years.
Despite the downfall of businesses worldwide during the coronavirus outbreak, a significant shift has been observed where there has been continuous change in the organizations globally. Amid the crisis, majority of the firms are embracing digital transformation and are unceasingly adopting solutions that are not only smart but cost-effective too. Emerging technologies with latest upgradations, improved security, enhanced performance, and reliability among other notable attributes are enabling enterprises in easy and efficient handling of their data centers. In 2019, the global enterprise server market garnered a soaring revenue of USD 76,480 Million and by 2025, the market is estimated to attain revenue of USD 1,39,996 Million by growing at a CAGR of 10.8% during the forecast period, i.e., 2020-2025. The year 2018 witnessed an all-time high in revenue generated by the global enterprise server market.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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Categorised on the basis of regions into North America, Asia Pacific, Europe, Middle East & Africa and Latin America, the global enterprise server market is estimated to stay buoyant during COVID-19 pandemic. Presently, North America holds the largest revenue-generating market and accounted for over 34% of the market share followed by Europe with over 30% in the year 2019. The growth in these regions can be attributed to the growth in IoT and big data applications across the regions. The market in North America is estimated to hold its leading stance throughout the forecast period by growing at a CAGR of 10.5%. The U.S. enterprise server market is projected to hold highest share as compared to Canada enterprise server market in the North America region. Moreover, owing to the presence of leading players in North America, the market in this region is estimated to cross market value of USD 37,000 Million by 2025. Some of the key players are Hewlett Packard Enterprise, Apple Inc., IBM Corporation, Super Micro Computer Inc., Cisco Systems Inc. and Oracle Corporation. These companies have a global presence and are utilizing strategies to expand their product portfolio and global presence through innovative product launches and R&D activities.