Research Nester has released a report titled “Enterprise Server Market – Global Demand Analysis & Opportunity Outlook 2035” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
Increasing adoption of enterprise servers amongst organizations backed by the rising advancements in the server technologies, such as virtualization, flash storage and others, is also raising the need amongst the manufacturers of enterprise servers to significantly increase their production of the equipment. Decreasing flash storage prices on account of rapid advancements in technology, growing use of server virtualization and server consolidation add the growing adoption of cloud technology, such factors are anticipated to drive the growth of the global enterprise server market.
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The global enterprise server market is anticipated to achieve a CAGR of 24% during the forecast period, i.e. 2023-2035. The market is thriving owing to the growing adoption of enterprise servers by several end user industries, growing government initiatives to promote digitalization, increasing investments in advanced networks and IT infrastructure by organizations worldwide and the emerging server technologies. The market is further expected to grow up to USD 170 Billion by the end of 2035 from a value of USD 45 Billion in the year 2022. Moreover, the market is further anticipated to gain an absolute $ opportunity of USD 56,172.0 million by growing at 1.67x during the forecast period and also gain an incremental $ opportunity of USD 7344.0 million in the year 2020 as compared to the previous year.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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