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North America Data Center Server Market to Be Boosted by Rapid Transfer of Huge Data During Forecast Period 2021-2026 CryptoBlog

Expert Market Research’s new report titled ‘North America Data Center Servers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the North America Data Center Server Trays Market , assessing the market based on its segments such as product, application, and country. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): 16.5 billion USD
  • Forecast CAGR (2021-2026): 4.5%
  • Forecasted market size (2026): 21.5 billion USD

The North America data center server tray market has witnessed substantial growth owing to factors such as rapid transfer of huge sets of data and consequent generation of reliable information. Additionally, increased knowledge across different industries provides huge market opportunity for key players in the North America Data Center Server Trays market. As a result, many commercial and industrial businesses use these servers to streamline their processes, driving the growth of the industry in North America. Due to the ease and protection provided by these services, an increasing number of users are looking forward to public and private cloud-based solutions such as Amazon’s Cloud Drive, Google Drive, and Apple’s iCloud. Additionally, the growing adoption of the Internet of Things (IoT) across a variety of industries has increased the demand for data centers for research and storage in a variety of locations. Another emerging industry trend is the implementation of energy-efficient and cost-effective micro-servers, which small and medium-sized businesses favor for jobs that require less processing power.

Industry definition and major segments

The term “data center server” refers to physical or virtual machines used to capture, store, process, organize and distribute massive amounts of data. These servers are used to distribute data through various computer systems and hence are called the backbones of data centers, which is a centralized place where these servers are usually located. Banks, financial institutions, healthcare, information technology and telecommunications, retail, and government all use these servers extensively.

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On the basis of product, the industry is divided into:

  • Rack Servers
  • Blade servers
  • Micro-servers
  • Tower Servers

On the basis of application, the industry is divided into:

  • Industrial servers
  • Commercial servers

Based on country, the industry is divided into:

  • united states of america
  • Canada

Market trends

Due to the growing number of users who have adopted the strategy of moving data through public cloud and other commercial facilities, including colocation sites and network provider’s current location point, the north- America currently represents the main market for data center servers. Hence, the demand for the Internet of Things (IoT), which requires the use of data center servers, is increasing, resulting in further growth of the data center server industry in North America. The United States of America is an emerging market for the industry, which is currently experiencing rapid growth. The rise in popularity of the Internet of Things has contributed to the growth of the country (IoT). IoT technologies such as IoT terminals, IoT protection, IoT data and analytics, IoT communication, and IoT artificial intelligence are all commonplace in the United States. The use of cloud computing services and applications is increasing in the region, resulting in the creation of large scale cloud-based data centers. The growing demand for cloud services in the United States is expected to increase the number of cloud-based data centers being built. Major companies such as Amazon Web Services (AWS), Google, and Microsoft are increasing their investments in data center development, which is contributing to the overall industry growth in North America.

Main market players

Major market players include Maysteel Market Research Inc., Dell Inc. (NYSE:DELL), Fujitsu, Super Micro Computer, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.