Servers - Kazakhstan

Kazakhstan

Revenue in the Servers market is projected to reach US$94.45m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.41%, resulting in a market volume of US$111.70m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$9.31 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 in Kazakhstan is facing a slight decline in growth due to various factors like slow adoption of digital technologies, limited consumer health awareness, and challenges in providing convenient online services.

Customer preferences: The rise of cloud computing and the increasing demand for virtualization has led to a growing trend in the adoption of server virtualization solutions. This has allowed businesses to reduce their physical server footprint, resulting in cost savings and improved energy efficiency. Additionally, with the growing push towards sustainability and reducing carbon footprint, there is a greater emphasis on green data center solutions, including servers with more energy-efficient processors and better cooling systems. These shifts highlight a growing preference for environmentally conscious and cost-effective solutions in the Servers Market within the Data Center Market market.

Trends in the market: In Kazakhstan, the Servers Market within the Data Center Market is experiencing a shift towards cloud computing solutions. This trend is driven by the need for increased efficiency and scalability in data management. Additionally, there is a growing demand for advanced analytics capabilities, leading to the adoption of high-performance servers. These developments have significant implications for industry players, with opportunities for service providers to offer specialized cloud solutions and for hardware manufacturers to cater to the demand for high-performing servers. As data center technology continues to evolve, stakeholders in Kazakhstan will need to stay up-to-date with these trends in order to remain competitive in the market.

Local special circumstances: In Kazakhstan, the Servers Market within the Data Center Market is influenced by the country's strategic location between Europe and Asia, making it a key transit route for international data traffic. Additionally, the government's focus on economic diversification and investment in technology infrastructure has led to a growing demand for data centers in the country. Furthermore, Kazakhstan's unique cultural and regulatory environment, with a strong emphasis on data security and sovereignty, shapes the competitive landscape of the Servers Market within the Data Center Market.

Underlying macroeconomic factors: The growth of the Servers Market within the Data Center Market in Kazakhstan is also influenced by macroeconomic factors such as technological advancements, government policies, and investment in infrastructure. The country's favorable business-friendly environment and focus on modernizing its IT infrastructure have attracted several international data center and server providers, driving market growth. Additionally, the growing adoption of cloud-based solutions and the increasing demand for data storage and processing capabilities in the region are further boosting the demand for servers in Kazakhstan.

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.