Servers - Hungary | Statista Market Forecast

Revenue in the Servers market is projected to reach US$147.80m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.69%, resulting in a market volume of US$280.80m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$29.34 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 in Hungary has seen minimal growth due to factors such as slow adoption of digital technologies, low health awareness, and limited access to online services.

Customer preferences: The increasing adoption of cloud computing and virtualization technologies has led to a rise in demand for server infrastructure and services in the data center market in Hungary. This trend is driven by the need for scalable and cost-effective solutions, as well as the growing popularity of remote work and online collaboration. Additionally, the rising use of artificial intelligence and machine learning applications is driving the need for high-performance servers to handle complex data processing tasks.

Trends in the market: In Hungary, the Servers Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with a growing demand for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings. This trend is driven by the need for scalable and cost-effective solutions, as well as the increasing adoption of digital transformation strategies by businesses. Additionally, there is a growing focus on energy efficiency and sustainability in data centers, leading to the adoption of green technologies and renewable energy sources. These trends have significant implications for industry stakeholders, as they must adapt to the changing landscape and invest in innovative solutions to remain competitive. Furthermore, there is a potential for partnerships and collaborations between data center providers and renewable energy companies, creating new opportunities for growth in the market.

Local special circumstances: In Hungary, the Servers Market within the Data Center Market is influenced by the country's strong economic growth and stable political climate. This has attracted foreign investments and led to the development of advanced data center infrastructure. Additionally, the government's initiatives to promote digitalization and e-governance have increased the demand for reliable servers. The country's location in central Europe also makes it a strategic hub for international data traffic, further driving the growth of the Servers Market within the Data Center Market.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Hungary is impacted by macroeconomic factors such as the country's economic stability, government policies, and investment in IT infrastructure. With the rise of digital transformation and the growing demand for data storage and processing, businesses are increasingly investing in data centers and servers. Countries with favorable economic conditions and policies that support the growth of the data center market are experiencing higher adoption rates of servers and related services. Additionally, the increasing demand for cloud-based solutions and the rise of big data analytics are also driving the growth of the Servers Market in Hungary.

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.