The North America data center server market size reached US$ 20.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 20.7 Billion |
Market Forecast in 2032
|
US$ 29.4 Billion |
Market Growth Rate 2024-2032 | 3.9% |
A data center is defined as a physical facility used by organizations to store critical data and applications. Since their inception, data centers have evolved from on-premise physical servers to virtual infrastructure, which provides support to workloads and applications across the multi-cloud environment. Some of the essential components included in a data center are switches, storage systems, application delivery controllers, routers, firewalls, and servers. Together, these components can offer a network and storage infrastructure and computing resources. To perform efficiently, a data center requires an appropriate, designated infrastructure, which typically consists of uninterruptible power supplies (UPS), cooling systems, backup generators, power subsystems, ventilation, fire suppression, and connections to external networks. Data centers are employed mainly for protecting the integrity and performance of the core data center components.
The North America data center server market is being driven by several factors. The large cache memory and storage capacity of servers employed in the data centers are currently fueling market growth in the region. Furthermore, the servers provide data security, integrity and scalability to the data stored in data centers. Thus, declining prices of servers have resulted in the increasing adoption of data centers across the region. Moreover, manufacturers have started conducting wide-scale R&D activities to develop new technologies, such as micro servers and blade servers, for differentiating their products, which has been positively influencing the market growth. Additionally, colocation providers, hyperscale operators, enterprises and government agencies have been investing heavily in improving the overall security of their data, which is also propelling the market growth. Moreover, the demand for data center servers is expected to be propelled by continuous technological innovations in power sources, such as lithium-ion UOS systems, DRUPS, and fuel cells.
IMARC Group provides an analysis of the key trends in each segment of the North America data center server market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product and application.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Product, Application, Country |
Countries Covered | United States, Canada |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |