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The computer servers market consists of sales of computer servers by entities (organizations, sole traders, and partnerships) that provide computer servers which are hardware devices used to store, access, secure, and manage digital data, files &services. Only goods and services traded between entities or sold to end consumers are included.
The technological advancements are a major trend shaping the computer server market. Major companies operating in the computer server sector are focusing on developing technology advanced solutions for a computer server. For instance, in March 2020, Oxide Computer, a U.S.-based computer hardware company introduced a new type of server in which hardware and software were built together. This strategy is used by "hyperscalers" (AWS, Microsoft, Google, and Facebook) to control companies who want or need to operate their server fleets with the most sophisticated data centers on the planet.
COVID-19 Scenario Analysis:
The COVID-19 pandemic has caused a minor dent in the sales of servers, thereby affecting the computer servers market growth. However, amid the lockdowns announced by several governments globally, numerous organizations have adopted the work-from-home model for their employees, as part of the efforts to arrest the spread of the disease. The usage of OTT platforms and e-commerce websites also increased during the lockdown as people resorted to these channels for entertainment and shopping purposes. The proliferation of non-contact methods of transactions has resulted in a rise in the usage of payment wallets, creating avenues for industry growth.
As the situation normalizes, these trends are expected to stay and grow further post pandemic, fueling the demand for servers
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers And Impact Analysis
The increase in demand for the server is a key factor driving the growth of the computer server market. A server is a computer that provides data to other computers; it can deliver data through the network to devices on a local area network (LAN) or a wide area network (WAN) (WAN). The global server market is expanding by double figures and shows no signs of slowing down.. Therefore, the increase in demand for the server is expected to propel the growth of the computer servers’ market during the forecast period.
However, the increase in demand for servers with customized configurations for several applications and the many challenges associated with selecting the suitable server are some factors is expected to disrupt market growth in the near future. Furthermore, high installation and maintenance costs may pose a challenge to market growth during the forecast period.
Nevertheless, the Bring Your Own Device Policy (BYOD) and the increasing need for centralized access systems are expected to help keep the demand up for servers over the forecast period.
Key Benefits of the Report:
Questions Answered in the Computer Servers Market Research Report:
Key Market Segments
Key Market Players