Servers - Laos | Statista Market Forecast

Revenue in the Servers market is projected to reach US$11.35m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.64%, resulting in a market volume of US$15.66m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$3.57 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 Laos has shown minimal growth, influenced by factors such as slow adoption of digital technologies, limited health awareness among consumers, and challenges in providing online health services.

Customer preferences: As technology continues to advance and businesses rely more on digital infrastructure, the demand for efficient and reliable servers within data centers is on the rise in Laos. In line with this trend, there has been a growing preference for cloud-based solutions and virtualization, as these offer greater scalability and cost-effectiveness. Additionally, with the increasing use of data-intensive applications and services, there is a growing need for high-performance servers that can handle large amounts of data processing and storage. This shift towards more advanced and efficient server solutions is driven by the growing digitalization of businesses and the need for seamless and uninterrupted data management.

Trends in the market: In Laos, the Servers Market within the Data Center Market is experiencing a shift towards cloud-based solutions, as businesses look to reduce costs and increase efficiency. This trend is expected to continue, with a focus on virtualization and software-defined networking. This has significant implications for industry stakeholders, as it opens up opportunities for service providers and creates a need for skilled professionals in cloud computing. Additionally, the increasing demand for data storage and processing capabilities in the country is driving the growth of the data center market, creating opportunities for investment and expansion in the sector.

Local special circumstances: In Laos, the Servers Market within the Data Center Market is influenced by the country's rapid economic growth and increasing internet penetration. The government's push for digital transformation and modernization of industries has led to a surge in demand for data storage and management solutions. Additionally, the country's unique geography, with mountainous terrain and limited access to resources, has resulted in the adoption of cloud-based solutions for data management and remote access capabilities. Furthermore, the country's regulatory environment, with a focus on data privacy and security, has had a significant impact on the data center market, with a growing demand for secure and compliant hosting services.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Laos is greatly affected by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong support for digital transformation and robust investment in data center technologies are experiencing rapid market growth, while those with limited resources and regulatory challenges are facing slower progress. Moreover, the rising demand for data storage and processing due to the growth of e-commerce and digitalization of businesses is also driving the demand for servers in the data center market in Laos.

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.