Servers - Bangladesh | Statista Market Forecast

Revenue in the Servers market is projected to reach US$173.90m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.80%, resulting in a market volume of US$265.20m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$2.22 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 the Data Center Market of Bangladesh has seen minimal growth due to factors such as slow adoption of digital technologies, low health awareness, and limited access to online health services. Despite this, the market is expected to gradually expand in the coming years.

Customer preferences: As more businesses in Bangladesh embrace digital transformation, there has been a growing demand for cloud-based servers in the Data Center Market. This shift is attributed to the country's increasing internet penetration and the need for reliable and scalable storage solutions. Additionally, with the rise of e-commerce and online banking, there has been a greater emphasis on data security, leading to the adoption of advanced server technologies such as virtualization and encryption.

Trends in the market: In Bangladesh, the Servers Market within the Data Center Market is experiencing a rise in demand for cloud-based services, driven by the increasing adoption of digital technologies by businesses and the government. This trend is expected to continue in the coming years, with a growing focus on data security and storage solutions. As a result, there is a growing investment in data center infrastructure, including power and cooling solutions. This trend is significant for industry stakeholders as it presents opportunities for growth and expansion, but also poses challenges in terms of competition and meeting the evolving needs of customers. Additionally, this trend has implications for the country's overall digital transformation and economic growth.

Local special circumstances: In Bangladesh, the Servers Market within the Data Center Market is influenced by the country's rapid economic growth and increasing demand for digital services. With a large young population and high mobile phone penetration, there is a growing need for data centers to support the growing digital infrastructure. Furthermore, the government's focus on promoting the IT sector and improving internet connectivity has also contributed to the growth of the Servers Market in Bangladesh. This unique combination of factors sets Bangladesh apart from other markets and drives the demand for servers in the country.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Bangladesh is heavily influenced by macroeconomic factors such as the country's economic growth, investments in technology infrastructure, and government policies supporting digital transformation. With a growing economy and increasing focus on digitalization, Bangladesh is witnessing a rise in demand for data center services, including servers. The country's favorable regulatory environment and investments in IT infrastructure are driving market growth, while the increasing adoption of cloud computing and virtualization technologies is creating a demand for advanced server solutions. Additionally, the rise in internet penetration and the growing e-commerce sector are also contributing to the growth of the Servers Market within the Data Center Market in Bangladesh.

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.