The Micro Server Market was worth USD 39.71 billion during the historic period and it is expected to grow at a 43% CAGR to USD 67 billion during the forecast period. Micro server markets are small modular hardware servers with shared infrastructure that allow a large number of small servers to share a single network. These servers are less expensive, use less computational power, and are specifically designed to make setup and maintenance easier. A micro-server business is a system on a chip server with a compact form factor. It's designed specifically for jobs that take only a small amount of CPU power to do individually but must be completed in large numbers.
The devastating effect of the global COVID-19 pandemic has stifled the micro server market's growth. The Micro Server Market Report identifies crucial pointers that could become future growth hubs. Furthermore, in-depth data analysis is expected to provide market participants with clearer Micro Server Market Trends. Due to a lack of personnel and a slowdown, the COVID-19 outbreak interrupted output in electronics and semiconductor devices. The micro server market growth has slowed due to a decline in manufacturing utilization, a ban on international travel, and the closure of facilities. The pandemic, on the other hand, accelerated existing trends in remote work, automation, and e-commerce, as well as creating new business opportunities.
The need to improve server infrastructure operational efficiency, growing demand for cloud services for various applications, increasing demand for high-density servers, low power consumption, and an increase in the number of small and medium-sized enterprises are all driving the micro server market share. The inexpensive cost of these servers, as well as their low power consumption and tiny form factors, is boosting the micro-server market analysis. Because of the small size of the boards, dense clusters of micro-servers may be constructed, saving physical space in the data center. Furthermore, a variety of businesses are employing data analytics tools to assist them in making critical business decisions and thus increasing the scope for the micro server industry. The market for cloud computing and web hosting has been steadily rising for several years, which has fueled the rise of the micro server business. The worldwide micro server industry is also being driven by the rising adoption of hyperscale data center architectures
Uncertainty about workloads, as well as the rise of virtualization, could pose problems for the micro-server business. Micro-servers analysis introduces a new type of technology and a smaller form factor to the data center, replacing the blade concept that has been in use for several years. Although the fundamentals are generally the same for everyone, from front-line operators to data center designers, there are some differences. However, lacks of computational power sufficient for intensive server applications, as well as a lack of understanding regarding microservers, are two main factors impeding market expansion.
The higher growth rate of infrastructure for cloud and data centers, especially in technologically growing regions such as the Asia Pacific and Western Europe, as compared to North America, is a prominent industrial trend in the micro server market. The efficiency of a server is determined by the type of processor it employs. The most popular processors are Intel core processors and AMD processors, which have the biggest market share contribution for the segment in the global market. The key micro server industry players like The PRIMERGY MX130 S1 is a server built for start-ups and small organizations labor that want to consolidate their vital electronic resources and gain greater efficiency and flexibility in data exchange. The PRIMERGY MX130 S1 is a low-cost solution to transmitting important corporate data via an error-prone patchwork of peer-to-peer networks, easily stolen USB drives, and inter-office communications.
Micro Server Market Segment Overview
The Global Market for micro server has been bifurcated into various segments that will help the market to achieve the highest CAGR during the forecast period and help in achieving the market server market forecast. The micro server market segments are as follows:
Based on the component, the market has been segmented as follows:
Based on the application, the market has been segmented as follows:
Based on the organization size, the market has been segmented as follows:
Based on the region, the market has been segmented as follows:
Asia-Pacific, North America, Europe, and the rest of the world are all being investigated in the worldwide micro server market. According to micro server segments, the market in the Asia-Pacific region is expected to develop at the fastest CAGR in the worldwide micro server industry. One of the primary factors driving the micro server market in the area is the existence of significant semiconductor manufacturing hubs in countries like China, Japan, and South Korea. Another important factor is the increase in data traffic as the number of mobile and tablet users grows. Furthermore, in China, small and micro firms account for 80% of all registered businesses, which operate as a driving force for economic growth. Due to rising labour and technology costs, China's small and medium businesses (including startups) are increasingly relying on public cloud services to automate their infrastructure. As the use of public cloud services expands, the demand for micro servers that can handle the lighter cloud service workloads.
Micro server market share is projected to be accelerated by small and medium-sized businesses around the world. The worldwide micro-server market trends will face hurdles, such as a shortage of technical skills, but players in the industry will maintain their development rate. The micro server market forecast also includes company profiles of major players in the global micro server market. The primary approach used by industry players to attain success in the micro server market is the introduction of new products. Companies have been motivated to pursue this strategy by the growing need for efficient and dense computing products and services in both developed and emerging markets. Because of the presence of significant competitors, the micro-server industry is highly fragmented. Hewlett Packard (U.S.), Dell (U.S.), Fujitsu (Japan), Hitachi (Japan), NEC (Japan), IBM (U.S.), Quanta (Taiwan), AMD (U.S.), Tyan (Taiwan), Acer Inc. (Taiwan), Calxeda, Inc. (U.S.), and others are among the leading competitors in the worldwide micro server market. Product releases, substantial R&D spending, partnerships and acquisitions, and other growth methods are used by these companies to stay afloat in the face of fierce competition.
The research is the result of a thorough examination and assessment of the different factors that influence market growth. The report fosters a close-knit community of approaches and frameworks to help people make better judgments. Our goal, insights, and actionable analytics equip employees with the knowledge they need to confidently advance their mission-critical initiatives. The examination of the many elements influencing market dynamics, as well as essential and related industries, aids businesses in comprehending distinct consumer propositions. After completing a thorough and relevant investigation of the global market, the Global Market Report for Micro Servers was created.
|Market Size||USD 67 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Component, Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Hewlett Packard (U.S.), Dell (U.S.), Fujitsu (Japan), Hitachi (Japan), NEC (Japan), IBM (U.S.), Quanta (Taiwan), AMD (U.S.), Tyan (Taiwan), Acer Inc. (Taiwan), Calxeda, Inc. (U.S.).|
|Key Market Opportunities||The factors driving the growth of the micro server market are the need to improve operational efficiency of server infrastructure, growing demand for cloud services for various applications, increasing requirement of high density servers, low power consumption, and rising number of small and medium sized enterprises|
|Key Market Drivers||The global micro server market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that the market in the Asia Pacific region is anticipated to grow at the highest CAGR in the global micro server market.|
Dell (U.S.), Fujitsu (Japan), NEC (Japan), Hitachi (Japan), Hewlett Packard (U.S.), and IBM (U.S.) are the bulging players investing in the market.
The factors driving the growth of the micro server market are the need to improve the operational efficiency of server infrastructure, mounting demand for cloud services for various applications, the swelling requirement of high density servers and low power consumption.
The factor of limited computing power that does not suitable for heavy server applications as well as lack of awareness about micro servers could hamper the market growth.
The market will be expanding at a CAGR of approximately 43% in the coming years.
The market is going to grow during the forecast period of 2017-2023