Servers - Hong Kong | Statista Market Forecast

Revenue in the Servers market is projected to reach US$333.60m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.87%, resulting in a market volume of US$510.20m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$89.46 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

In Hong Kong, the Servers Market within the Data Center Market is experiencing negligible growth due to factors like limited infrastructure, high costs, and intense competition. Despite this, the market is expected to see some growth in the coming years due to increasing demand for cloud services and the adoption of advanced technologies.

Customer preferences: As the demand for data storage and processing capabilities continues to rise in Hong Kong, the Servers Market within the Data Center Market is experiencing a shift towards more energy-efficient and sustainable solutions. This trend is driven by the city's government initiatives to reduce carbon emissions and promote green practices. Additionally, there is a growing preference for locally-hosted servers to comply with data privacy laws and regulations. These factors are pushing data center providers to invest in renewable energy and local server infrastructure to meet the changing consumer preferences.

Trends in the market: In Hong Kong, the Servers Market within the Data Center Market is experiencing a surge in demand for cloud computing services. This trend is driven by the increasing need for remote work solutions and the adoption of digital transformation strategies by businesses. In addition, there is a growing focus on data security and privacy, prompting companies to invest in advanced server technologies. This trend is expected to continue in the coming years, with a projected growth of the cloud computing market in Hong Kong. This has significant implications for industry stakeholders, including data center providers, as they need to continuously upgrade their infrastructure to meet the evolving demands of the market. It also presents opportunities for server vendors to offer innovative solutions that cater to the specific needs of Hong Kong's data center market.

Local special circumstances: In Hong Kong, the Servers Market within the Data Center Market is heavily influenced by the city's strategic location as a key gateway to China and the rest of Asia. This has attracted major global players to establish data centers, creating a highly competitive market. Additionally, the city's advanced telecommunications infrastructure and business-friendly environment make it an ideal hub for data center operations. However, strict data privacy laws and regulations, influenced by Hong Kong's history as a former British colony, can pose challenges for companies operating in the market.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Hong Kong is heavily influenced by macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other financial indicators. The country's strong economic growth and stable political environment have attracted significant investments in the data center industry. Additionally, the increasing adoption of cloud computing and the growth of e-commerce and digital services have driven the demand for data center services, including servers. Hong Kong's strategic location and advanced telecommunications infrastructure also make it an attractive market for data center providers. However, uncertainties in the global economy and trade tensions between major economies could potentially impact the demand for data center services in the country.

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.