Servers - Myanmar | Statista Market Forecast

Revenue in the Servers market is projected to reach US$45.29m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.70%, resulting in a market volume of US$75.27m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$1.82 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 Myanmar nan is experiencing minimal growth due to various factors, such as limited infrastructure and lack of skilled professionals. Despite rising health awareness among consumers, the market is hindered by the slow adoption of digital technologies. Online health services are not yet widely available, further impacting the growth rate.

Customer preferences: As internet penetration continues to increase in Myanmar, there has been a growing demand for cloud-based services and solutions, including in the Servers Market within the Data Center Market. This shift is largely driven by the country's young and tech-savvy population, who are increasingly reliant on digital tools for work, entertainment, and communication. Additionally, with the rise of e-commerce, there is a growing need for reliable and secure servers to support online transactions and overall business operations.

Trends in the market: In Myanmar, the Servers Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with more businesses adopting virtualization and remote server management services. This trend is driven by the increasing demand for efficient and cost-effective data storage and management solutions. As the country's digital infrastructure continues to develop, this trend is expected to accelerate. For industry stakeholders, this presents opportunities for growth and investment in cloud-based services. It also highlights the need to stay updated on emerging technologies and adapt to changing market demands.

Local special circumstances: In Myanmar, the Servers Market within the Data Center Market is still in its nascent stage due to the country's limited technological infrastructure. However, with the recent economic reforms and government initiatives to improve connectivity, the market is expected to witness significant growth. The cultural preference for local vendors and the regulatory restrictions on foreign investments also play a crucial role in shaping the market. Additionally, the country's geographical location and its proximity to major markets like China and India make it an attractive destination for data center investments.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Myanmar is influenced by macroeconomic factors such as the country's economic growth, government policies, and investment in digital infrastructure. With a rapidly growing economy and favorable government initiatives to promote digitalization, Myanmar is expected to experience a significant increase in demand for servers in the data center market. Additionally, the increasing adoption of cloud computing and the rise of e-commerce in the country are also contributing to the growth of the servers 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.