The global blade server market is predicted to grow at an estimated CAGR of 8.3% over the projection period. It is anticipated that by 2032, it will generate US$ 32,678.3 million in sales, an increase from US$ 14,688.4 million in 2022.
Data centres are increasingly using blade servers as a result of growing demand for virtualization, business optimisation, and higher processing densities. In contrast to other server options like a tower server, blade servers, which are limited to 2-4 internal HDDs and do not offer enough storage space, have expansion problems.
On the other hand, it is projected that the growing trend towards virtualization would offer a variety of opportunities to both new and incumbent competitors in the blade server industry.
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Blade Server Market: Drivers and Restraints
An increase in the adoption of virtualized applications, increasing load on data centers, and effective utilization of data center space are some of the key drivers of the blade server market. Moreover, cost reduction in expenses such as cabling cost, cooling cost, and low power consumption over rack servers are the other major factors contributing to the growth of the blade server market.
However, high initial investment for the purchase of a blade server unit, the complexity involved in installing, and limited expansion and storage capacity are some factors hindering the growth of the blade server market.
Key Companies Transforming the Blade Server Market Space
The presence of significant players in the market creates fierce competition. This surges numerous research and development (R&D) activities, along with mergers and acquisitions, which eventually promotes the growth of the global blade server market size.
Key players like Cisco Systems Inc, Hewlett-Packard Company, and Hewlett-Packard Company offer high-technology services and products that support computers and related products. Moreover, companies are focusing on providing a wide variety of hardware components, as well as software and related services, to consumers, small and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors.
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Blade Server Market Regional Trends
North America currently holds the largest market share in the blade server market, due to the presence of data-driven enterprises. In Europe, blade server market is substantially increasing due to the expansion of data centers and the need for density optimization.
The asia-Pacific blade server market is expected to witness the highest growth rate shortly owing to an increase in demand for data centers and high economic growth. In the Middle East region blade server market is on the rise due to increased IT spending and virtualization applications.
Key Segments Profiled in the Blade Server Market Survey
By Data Center Type:
- Tier 1
- Tier 2
- Tier 3
- Tier 4
By Services:
- Professional Services
- Managed Services
By Application:
- Cloud Service Provider
- Telecommunication Service Provider
- Enterprises
By End Users:
- BSFI
- IT and Telecommunications
- Transportation and Logistics
- Manufacturing
- Government and Defence
- E-commerce
- Healthcare
- Energy and Utilities
- Retail
- Media and Entertainment
By Region:
- North America
- Latin America
- Asia Pacific
- META
- Europe
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10 years.
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