According to the business intelligence report titled ‘North America Data Center Server Market Forecast 2027 By Data Center Size, By Type, By Application, Research Report, Country Outlook,, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’ available with MarketStudyReport, North America data center server market is slated to witness a stellar growth rate and amass a valuation of USD 35 billion by the end of 2027.

Rapid evolution of 3D imaging, Internet of Things (IoT), and Artificial Intelligence (AI) technologies is a primary factor fostering North America data center server market growth.

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For the uninitiated, data center servers function as a remote file storage solution that can be accessible from anywhere over the internet. These servers can either be operated privately or rented by enterprises from data centers as per their requirement so that the data can be accessed globally.

During the COVID-19 pandemic, the hyperconverged infrastructure already existed in the region which made it easier to set-up a drive-through testing site in less than a day as well as a robust telehealth framework in a timespan of two days. Thus, the data center servers proved to be very beneficial throughout the virus outbreak, augmenting the industry outlook.

Based on type, the micro segment share is likely to foresee an upward trend during the analysis period, owing to the growing popularity of Over-the-Top (OTT) platforms.

From the perspective of application, the healthcare segment of North America data center server industry is anticipated to witness steady growth through 2027, attributable to massive deployment of cloud solutions within majority of the hospitals in the region with aim to offer improved patient care. Besides, the task of successfully managing massive volumes of patient data since the advent of such solutions particularly during the COVID-19 pandemic is further augmenting segmental expansion during
the forecast timeframe.

Geographically, Canada and United States are the major contributors to total market remuneration as both the countries have a significant number of active OTT subscribers, boosting the demand for fast video streaming and encouraging establishment of more data centers.

The competitive framework of North America data center server industry is defined by key players such as Oracle Corporation, Hitachi Ltd., NEC Corporation, International Business Machines (IBM) Corporation, Huawei Technologies Co. Ltd., Lenovo Group Ltd., Hewlett Packard Enterprise Company, Fujitsu Ltd., Dell Technologies Inc., and Cisco Systems Inc.