Servers - Jordan

Jordan

Revenue in the Servers market is projected to reach US$34.25m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.98%, resulting in a market volume of US$55.12m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$10.84 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 the Data Center Market of Jordan is experiencing minimal growth, influenced by factors such as slow adoption of digital technologies, low health awareness, and limited access to online health services.

Customer preferences: The Servers Market within the Data Center Market in Jordan is witnessing a growing demand for cloud-based solutions and virtualization technologies. This is driven by the increasing adoption of remote work and the need for secure and efficient data storage and management. Additionally, there is a growing emphasis on energy efficiency and sustainability in data centers, leading to the adoption of green technologies such as liquid cooling and renewable energy sources. These trends highlight the importance of cost-efficiency and environmental consciousness in consumer preferences within the Jordanian data center market.

Trends in the market: In Jordan, the Servers Market within the Data Center Market is experiencing a rise in demand for cloud-based servers and virtualization technologies. This trend is driven by the increasing need for cost-effective and scalable solutions to support the growing digital economy. Moreover, the government's initiatives to promote digital transformation and the rise of e-commerce are also contributing to the growth of this market. These trends are significant as they are revolutionizing the IT infrastructure landscape in Jordan and creating new opportunities for industry stakeholders. However, they also pose challenges in terms of data security and privacy, which must be addressed by businesses and government regulations.

Local special circumstances: In Jordan, the Servers Market within the Data Center Market is influenced by the government's efforts to attract foreign investment and promote the country as a regional hub for technology. This, coupled with a high literacy rate and a growing IT sector, has led to a demand for advanced server solutions. Additionally, the country's strategic location and political stability make it an ideal location for data centers, attracting international players to set up operations. The market is also driven by the increasing adoption of cloud computing and the need for reliable and secure data storage solutions.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Jordan is influenced by macroeconomic factors such as technological advancements, government policies, and investments in information and communication technology (ICT) infrastructure. Jordan's favorable regulatory environment and government efforts to promote digital transformation have attracted investments in the ICT sector, driving the growth of the Servers Market. Furthermore, the country's growing population and increasing demand for data storage and processing are also contributing to the expansion of the Servers Market in Jordan.

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.