Global Data Center Blade Server Market Analysis Report 2022: Advantages & Drawback of Using Blade Servers in Data Centers - Forecast to 2026
DUBLIN, Aug. 17, 2022 /PRNewswire/ -- The "Data Center Blade Server - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Data Center Blade Server Market to Reach $24.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Data Center Blade Server estimated at US$17.2 Billion in the year 2022, is projected to reach a revised size of US$24.1 Billion by 2026, growing at a CAGR of 7.9% over the analysis period.
Growth is being spurred by cluster computing and web hosting segments. The growing need for connectivity and storage space, as enterprises and businesses expand operations around the world, is necessitating greater accessibility to networks in order to provide efficient services to their clients.
As the number of businesses and enterprises offering cloud services continues to grow around the world, investments into data center infrastructure is gaining prominence. There is especially increase in hyperscale data centers, whereby investments into blade servers is increasing to enhance efficiency and reduce operating costs, thus fueling demand for blade servers.
The Data Center Blade Server market in the U.S. is estimated at US$5.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2026 trailing a CAGR of 9.3% over the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR. North America accounts for a significant share, due to the presence of a large number of data centers in the region.
The need to comply with stringent power consumption regulations also augurs well or market growth. The rapid expansion of data centers in the European region is a significant opportunity for market growth. Asia-Pacific region is expected to witness rapid growth, with continuous increase in investments into new data centers and the strict data regulations.
Tier 3 Segment to Reach $8.9 Billion by 2026
In the global Tier 3 segment, USA, Canada, Japan, China and Europe will drive the 7.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.9 Billion will reach a projected size of US$6.5 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2026, while Latin America will expand at a 8.3% CAGR through the analysis period.
What`s New for 2022?
Key Topics Covered:
2. FOCUS ON SELECT PLAYERS (Total 11 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/wof1is
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SOURCE Research and Markets