Servers - Albania | Statista Market Forecast

Revenue in the Servers market is projected to reach US$7.39m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.24%, resulting in a market volume of US$11.50m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$5.35 in 2024.
In global comparison, most revenue will be generated United States (US$47bn in 2024).

Definition:

The Server market focuses on large-scale, high-performance data-processing units, such as standalone servers and server racks, predominantly utilized in data centers for intensive computing tasks. This market specifically focuses on solutions that support significant computing power for businesses and organizations, setting aside options like consumer-grade hardware products such as Network Attached Storage or Small-Scale servers for private environments. These servers play a pivotal role in powering the technological backbone of numerous sectors, providing the computational strength necessary for today’s data-driven and cloud-centric world.

Additional Information:

The Server market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Server market include companies such as Dell, HPE, Nvidia, and IBM.

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Compute Intensive Servers, such as IBM Power Systems, and Dell PowerEdge C Series
Enterprise Volume Servers, such as HPE ProLiant DL Series, and Lenovo ThinkSystem Servers
Standalone Servers, such as Cisco UCS C-Series Rack Servers, and Dell PowerEdge T Series Tower Servers
Server Racks, such as HPE G2 Advanced Series Racks, and Tripp Lite Server Racks

Personal Computers, such as Apple iMac, and Dell Inspiron Series
Storage Intensive Servers, such as Dell EMC PowerVault Series, and NetApp FAS Series

The Servers Market in Albania is experiencing slow growth, influenced by factors like low adoption of digital technologies and lack of health awareness. This has resulted in negligible growth in the Data Center Market.

Customer preferences: As data centers become more prevalent in Albania, there is a growing demand for servers that can handle large amounts of data and provide reliable and efficient performance. This has led to a shift towards cloud-based solutions, as well as an increase in the use of virtualization technology. Additionally, with the rise of e-commerce and online services, there is a growing need for robust servers that can support high levels of online traffic and transactions. This trend is driven by the increasing reliance on digital services and the need for reliable and secure data storage and processing.

Trends in the market: In Albania, the Servers Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with companies increasingly adopting virtualization and containerization technologies. This trend is driven by the need for more flexible, scalable, and cost-effective data storage and processing solutions. Additionally, there is a growing demand for edge computing and hybrid cloud environments, as businesses aim to improve their network performance and reduce latency. These developments are significant for industry stakeholders as they present opportunities for growth and innovation. However, they also pose challenges in terms of security and data management, requiring companies to invest in advanced infrastructure and cybersecurity measures.

Local special circumstances: In Albania, the Servers Market within the Data Center Market is influenced by the country's geographical location and its status as a developing market. The demand for data centers is increasing due to the growing use of technology and the government's efforts to promote digitalization. However, the market is also facing challenges such as limited infrastructure and regulatory barriers. Additionally, cultural factors, such as the preference for local data storage and security concerns, also play a role in shaping the market dynamics.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Albania is heavily influenced by macroeconomic factors such as the country's economic growth, investment climate, and fiscal policies. With a growing economy and increasing investment in technology, the demand for data center services is expected to rise. Additionally, favorable government policies and incentives for digitalization are further propelling the growth of the Servers Market. The country's efforts towards modernizing its IT infrastructure and improving connectivity are also contributing to the growth of the Data Center Market. Furthermore, the increasing adoption of cloud computing and big data analytics by businesses in Albania is driving the demand for data center services, making it a key market for server providers.

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

As emerging technologies continue to shift digital habits, hardware vendors are looking to ensure that digital infrastructure keeps pace. Servers lie at the heart of these efforts, acting as the critical hardware at the core of any computer network. A server is defined as a computer that provides resources, data, programs, or services to other computers, known as clients, over a network. Server manufacturers produce a range of specialized devices to meet specific applications, including web servers, file servers, network servers, game servers and database servers, with the recent rise of artificial intelligence (AI) also prompting the development of specialized AI servers. Almost 14 billion servers were shipped across the globe in 2023, with the market bringing in more than 90 billion U.S. dollars in revenue.