Servers - Argentina

Argentina

Revenue in the Servers market is projected to reach US$0.72bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.25%, resulting in a market volume of US$1.07bn by 2029.
The average Spend per Employee in the Servers market is projected to reach US$32.90 in 2024.
In global comparison, most revenue will be generated in the United States (US$47,260m in 2024).

Key regions: Japan, India, China, United Kingdom, Europe

Market

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Analyst Opinion

The Servers market in Argentina has been experiencing significant growth and development in recent years.

Customer preferences: Argentinian customers in the Servers market are increasingly looking for advanced and high-performance server solutions to meet their evolving business needs. They are showing a preference for servers with enhanced processing power, storage capacity, and reliability. Additionally, there is a growing demand for servers that offer scalability and flexibility to adapt to changing workloads and business requirements.

Trends in the market: One notable trend in the Servers market in Argentina is the rising adoption of cloud-based servers. Businesses are shifting towards cloud computing to leverage its benefits such as cost-efficiency, scalability, and accessibility. This trend is driving the demand for cloud servers in the country. Moreover, there is a growing focus on energy-efficient servers as companies seek to reduce their carbon footprint and operating costs.

Local special circumstances: Argentina's Servers market is influenced by the country's economic conditions and technological infrastructure. The local market faces challenges such as currency fluctuations, inflation, and political instability, which can impact the purchasing power and investment decisions of businesses. Additionally, the availability of skilled IT professionals and support services also plays a crucial role in shaping the Servers market in Argentina.

Underlying macroeconomic factors: The growth of the Servers market in Argentina is closely tied to the overall economic performance of the country. Factors such as GDP growth, inflation rates, and government policies can impact the investment climate for IT infrastructure, including servers. As the economy continues to recover and stabilize, businesses are more likely to increase their IT spending and invest in modern server solutions to drive their digital transformation initiatives.

Methodology

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.