Servers - Bahrain

Bahrain

Revenue in the Servers market is projected to reach US$16.86m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.27%, resulting in a market volume of US$26.26m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$19.03 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

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Analyst Opinion

The Servers Market in Bahrain is witnessing minimal growth, impacted by factors such as slow adoption of digital technologies and low health awareness among consumers. Online health services offer convenience, but growth remains limited.

Customer preferences: The growing awareness of energy efficiency and sustainability has led to a rise in demand for eco-friendly and energy-efficient servers in the Bahrain data center market. Additionally, with the increasing adoption of cloud computing and virtualization, there is a growing preference for smaller, more compact servers that can handle heavy workloads. This trend is also fueled by the rising use of artificial intelligence and machine learning, which require high-performing servers to process large amounts of data.

Trends in the market: In Bahrain, the Servers Market within the Data Center Market is experiencing a shift towards cloud computing, with more businesses opting for virtual servers over physical ones. This trend is driven by the need for cost efficiency and scalability in the face of increasing data storage demands. Additionally, there is a growing focus on energy efficiency and green initiatives in the data center industry, leading to the adoption of more efficient and eco-friendly server technologies. These trends are expected to have significant implications for industry stakeholders, such as increased competition among server vendors and the need for data center operators to invest in the latest server technologies to stay competitive.

Local special circumstances: In Bahrain, the Servers Market within the Data Center Market is influenced by the country's strategic location as a hub for regional connectivity and its strong focus on developing a digital economy. The government's initiatives such as the Bahrain Economic Vision 2030 and the National Broadband Network have spurred the growth of the data center market. Additionally, the country's business-friendly policies and favorable tax environment make it an attractive destination for data center investments.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Bahrain is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. The country's strong economic growth and stable political environment have attracted significant investments in IT infrastructure, driving the demand for servers in data centers. Moreover, Bahrain's strategic location and government support for digital transformation have positioned it as a regional hub for data center services, further bolstering the growth of the servers market. Additionally, the increasing adoption of cloud computing and big data analytics in various industries in Bahrain is also contributing to the demand for servers in data centers.

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.