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Global Server Market to hit $76.8B Value in 2021

Server Market

The growing adoption of new technologies such as big data and a surge in high-performance computing continue fueling demand for servers across different sectors.

According to data presented by AksjeBloggen.com, the global server market is expected to hit a $76.8bn value in 2021, almost a 10% increase year-over-year.

A Strong Recovery after the COVID-19 Hit

The servers segment includes physical large-scale data-processing units like standalone servers and server racks typically used in data centers for high-compute tasks. Dell, Hewlett Packard (HP), Lenovo, and Huawei represent some of the biggest players in this market.

Over the years, the entire segment has witnessed strong innovations aimed at improving performance, speed, and memory to support high-performance computing and business intelligence applications.

In 2017, revenues of the global server market amounted to $60.5bn, revealed the Statista survey. The unified market grew by 20% in the next twelve months and hit a $73.8bn value. However, 2019 witnessed a slight drop, with revenues slipping to $72.4bn. After the COVID-19 hit, this figure dropped by another 5% to $70.2bn in 2020.

Statistics show that 2021 is set to witness a strong recovery, with global server revenues jumping by $6.6bn in a year. By 2025, the entire market is forecast to grow by another 18% and hit a $91bn value.

With $31.9bn in revenue or 9.8% more than in 2020, the United States ranked as the biggest server market globally. However, statistics show that China, as the second-largest market globally, is expected to witness even more impressive growth, with revenues jumping by 14.5% YoY to $11.8Bn in 2021.

Germany, the United Kingdom, and Japan follow with $3.2bn, $3.1bn, and $2.9bn in server revenues in 2021.

Dell and HP/New H3C Group Generate One-Third of Global Server Revenues

The IDC’s Worldwide Quarterly Server Tracker revealed that Dell Technologies and HPE/New H3C Group were tied for the top position in the 3Q 2020 global server market, with a 16.7% and 15.9% revenue share, respectively.

Dell Technologies generated around $3.76bn in revenue, while HPE/New H3C Group generated revenues of $3.6bn between September and December last year.

Inspur/Inspur Power Systems ranked third with a 9.4% market share and $2.1bn in revenue in this period.

Lenovo and Huawei followed with a 5.9% and 4.9% share, respectively. Statistics indicate the ODM Direct group of vendors accounted for 28% of total server revenue, an 8.4% increase year over year.

The full story can be read here: https://aksjebloggen.com/global-server-market-to-hit-76-8b-value-in-2021-almost-a-10-jump-yoy/