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North American Data Center Server Market revenue to hit $35 Bn by 2027
Published Date: 2021-07-14
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North American Data Center Server Market size is anticipated to cross USD 35 billion by 2027, according to a latest forecast report by Graphical Research.
The increasing evolution of the IoT, AI, and 3D imaging technologies is projected to drive the market growth. As of January 2020, 34% of businesses in the U.S. have deployed AI technology to enhance production capabilities. The organizations require fast & reliable IT infrastructure to process & store massive amounts of data generated by AI technology. This has encouraged data center operators to implement highly configured servers for performing High-Performance Computing (HPC) tasks.
Technological advancements and development of advanced servers will boost the market growth. Market players are focusing on introducing next-generation servers that support implementations across all modern workloads. For instance, in April 2021, NVIDIA Corporation launched Grace, a high-end CPU for data centers. Compared to other servers, the new solution delivers up to 30 times higher aggregate bandwidth and up to 10 times higher performance for applications that process terabytes of data. These servers are designed for data centers to quickly & efficiently process AI and machine learning tasks.
Browse detailed statistical insights from the report, “North America Data Center Server Market Forecast 2027 By Data Center Size (Small, Medium, Large), By Type (Rack, Tower, Blade, Micro), By Application (BFSI, IT & Telecom, Government, Healthcare, Energy, Manufacturing), Research Report, Country Outlook, (U.S., Canada, Mexico), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
Tower servers are projected to witness a high growth in the North America data center market due to their powerful performance and versatile storage configurations. These servers offer optimization & customization benefits, allowing companies to deploy servers as per their requirements. Tower servers also ensure quiet operations compared to other servers. The scalability and agility offered by these servers propel their demand among SMEs and large enterprises.
The demand for data center servers is projected to increase in large data centers during the forecast time period. Hyperscale data centers deploy a large number of servers to meet the storage and data processing demand. The market players are increasingly focusing on developing powerful servers to enable the processing of high-density computing workloads. For instance, in October 2020, Super Micro Computer, Inc. launched high-density 4U GPU server integrated with an NVIDIA HGX A100 8 GPU baseboard. These servers deliver high performance and speed for the most demanding AI workloads.
The increasing adoption of advanced technologies in the healthcare sector will accelerate the market revenue. For instance, in December 2019, Imagia, one of the leading healthcare AI companies, partnered with major several North American hospitals to provide AI technology for improving patient outcomes. This has driven the demand for effective data center infrastructure solutions for efficiently managing and processing massive data. The healthcare organizations are deploying rack servers in their on-premise data centers to increase scalability and reduce energy costs.
The North American data center server market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:
North America Market, By Type
North America Market, By Data Center Size
North America Market, By Application
- IT & Telecom
The above information has been provided for the following countries:
- North America