BURNABY, British Columbia, March 20, 2014 /PRNewswire/ --
Increasing SMB IT spending, growing data centers and high demand for low cost, low power servers augmenting market demand
Microservers market is in its nascent stage and has witnessed exponential growth since its introduction in the market. The overall global server market has been witnessing a negative growth, in value terms, over the last few years, predominantly due to global economic slowdown and servers achieving market maturity in the developed economies. Another factor that resulted in decline of global server market was shrinking demand for non-x86 servers.
Asia-Pacific and MEA exhibited positive growth in the overall server market over the last few years. North America and Europe posted a cumulative annual decline of 13.6% in 2013. In the coming years, adoption of microservers is expected to increase due to emerging trends such as cloud computing, big data, high demand for low cost & low power servers. By geography, Europe leads the global microservers market, generating majority of the market revenues, followed by North America, Asia-Pacific and others.
According to the recently published report by TechSci Research, "Global Microservers Market Forecast & Opportunities, 2019", the global microserver shipments are projected to reach 4.7 million units by 2019. During the next five years, the growth in global microservers market is expected to majorly depend on growth of mobile computing, cloud computing market, IT spending, etc. Companies such as HP, Dell and AMD are playing vital role in this market, wherein HP currently leads the global microservers market. Until 2013, only a few players were manufacturing microservers, however, in the coming years, it is expected that more number of traditional server players would foray into the microservers market.
Microservers are cost effective servers, which are being predominantly manufactured for SMB market, but are now witnessing increasing adoption by data centers, large businesses, retail, banking and residential sectors.
Amongst all microservers, Tower/Micro-Tower based microservers account for the majority of the revenue share and are anticipated to dominate the market over the next five years as well. The major reason for dominance of these server is their compact size, low price and growing IT spending by SMBs. "In 2013, more than 90% of the SMBs preferred Tower/Micro-Tower form factor microservers, as these servers offer various advantages than others, such as low noise, ease of servicing, convenient hard drive location and low heat generation" said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Global Microservers Market Forecast & Opportunities, 2019" has evaluated the future growth potential of global microservers market and provides statistics and information on market structure, market trends, market size & share, etc. The report includes microserver market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in accordance with the technologies in global microservers market.
Contact: Ken Mathews, firstname.lastname@example.org, Contact: +1 646 360 1656
SOURCE TechSci Research