NEW DELHI: According to a new estimate, the global server market is predicted to rise 17 percent year over year to USD111.7 billion in 2022.
According to Counterpoint Research's 'Global Server Sales Tracker,' after a break during the COVID-19 epidemic, enterprise transformation to hybrid cloud and upgrades of current infrastructure to meet growing workloads will offer growth momentum. The key drivers for cloud service providers in data centre expansion will continue to be 5G, automotive, cloud gaming, and high-performance computing.
"In an inflationary yet incredibly dynamic climate, businesses are striving to reinforce their infrastructure as they prepare for Web3.0 demands from the infrastructure end." said research analyst Akshara Bassi. "Companies are diversifying their IT infrastructure to satisfy the needs of data evolution and cloud readiness," says Bassi.
The industry is changing as server firms such as HPE's Pointnext, Dell's APEX, and Lenovo's TruScale introduce "as-a-Service" and "pay per use" models. Due to the emergence of workload-based infrastructure, the business model pivot has had a lot of success because it gives customers more flexibility for minimum capital expenses.
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