December 15, 2021
According to the research 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 anticipated to generate USD 35 billion by 2027.
Rising demand for effective management of high volume of data across numerous sectors coupled with rapid evolution of IoT, 3D imaging, and AI technologies are propelling the growth of North America data center server market.
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For the unversed, data center servers are basically a remote saving location for files which can be accessed via internet. Businesses can either operate their own servers or rent them from data centers to make the data globally accessible.
By product type, the marketplace is split into tower, rack, micro, and blade. The micro data segment is projected to expand significantly through 2027, owing to escalating demand for OTT platforms.
Based on data center size, North America data center server industry is fragmented into small, medium, and large. In terms of application scope, the market is classified into BFSI, IT & Telecom, government, energy, manufacturing, healthcare, and others. The healthcare segment is poised to showcase lucrative progression trends over the analysis period, as several hospitals across the region are deploying cloud solutions to help make optimum utilization of limited resources and offer efficient patient care.
By adopting low footprint rack servers, hospitals can save substantially on energy costs. Moreover, healthcare facilities are increasingly deploying these technologies due to surging need for managing a large volume of patient data during the COVID 19 pandemic.
Oracle Corporation, NEC Corporation, Lenovo Group Ltd., International Business Machines Corporation, Huawei Technologies Co., Ltd., Hitachi Ltd., Hewlett Packard Enterprise Company, Fujitsu Ltd., Dell Technologies, Inc., and Cisco Systems, Inc. are the key players defining the competitive hierarchy of North America data center server market.