Servers - Kuwait | Statista Market Forecast

Revenue in the Servers market is projected to reach US$28.99m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.73%, resulting in a market volume of US$46.11m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$11.40 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 Kuwait nan is seeing minimal growth due to factors such as slow adoption of technology and limited health awareness. Online health services are not yet widely utilized, impacting the market's growth rate.

Customer preferences: As Kuwait continues to invest in digital transformation, the demand for advanced servers in the data center market is on the rise. This trend is driven by the increasing adoption of cloud computing and the need for reliable and efficient data storage solutions. Additionally, with the rise of e-commerce and online services, there is a growing demand for faster and more powerful servers to support the growing online transactions and data processing needs. This shift towards advanced servers is also influenced by the country's young and tech-savvy population, who are driving the demand for faster and more efficient digital services.

Trends in the market: In Kuwait, the Servers Market within the Data Center Market is experiencing a surge in demand for cloud-based services, as businesses shift towards a more agile and scalable infrastructure. Additionally, there is a growing trend of using artificial intelligence (AI) and machine learning (ML) in data centers to optimize server performance and reduce energy consumption. This trend is expected to continue as data centers aim to become more efficient and sustainable. Moreover, with the increasing adoption of Internet of Things (IoT) devices and 5G technology, there is a growing need for edge computing, leading to the deployment of smaller data centers closer to end-users. This trend is significant as it allows for faster data processing and reduced latency, enhancing the overall user experience. However, it also presents challenges for industry stakeholders in terms of managing and securing a distributed data center network.

Local special circumstances: In Kuwait, the Servers Market within the Data Center Market is heavily influenced by the country's small geographical size and limited land availability. This has led to the emergence of innovative solutions such as modular data centers and cloud-based services to meet the growing demand for data storage and processing. Additionally, Kuwait's strict regulatory framework and cultural values place a strong emphasis on data security and privacy, further shaping the dynamics of the Servers Market within the Data Center Market.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Kuwait is heavily influenced by macroeconomic factors such as global economic trends, government policies, and financial indicators. As the country continues to invest in digitization and technological advancements, the demand for data center services, including servers, is expected to grow. Furthermore, Kuwait's stable economic health and government support for the development of data centers are creating a favorable market environment. The country's strategic location and growing IT infrastructure are also attracting international investments, contributing to the growth of the Servers Market within the Data Center Market.

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.