Servers - Oman

  • Oman
  • Revenue in the Servers market is projected to reach US$14.24m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.44%, resulting in a market volume of US$18.28m by 2028.
  • The average Spend per Employee in the Servers market is projected to reach US$4.79 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$36,230m in 2024).

Key regions: Japan, Europe, Indonesia, United Kingdom, China

 
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Analyst Opinion

The Servers market in Oman is showing steady growth, driven by increasing customer preferences for advanced technology and the need for efficient data storage and processing solutions.

Customer preferences:
Customers in Oman are increasingly looking for servers that offer high performance, reliability, and scalability. They prefer servers that can handle large amounts of data and support multiple applications simultaneously. Additionally, customers are demanding servers that are energy-efficient and environmentally friendly. This is driving the market towards the adoption of virtualization technologies and cloud-based solutions.

Trends in the market:
One of the key trends in the Servers market in Oman is the growing demand for cloud-based servers. Cloud computing is gaining popularity due to its flexibility, scalability, and cost-effectiveness. Organizations are shifting towards cloud-based servers to optimize their IT infrastructure and reduce operational costs. This trend is expected to continue in the coming years as more businesses in Oman embrace digital transformation. Another trend in the market is the increasing adoption of edge computing. Edge computing involves processing data closer to the source, reducing latency and improving overall performance. This is particularly important for industries such as manufacturing, healthcare, and transportation, where real-time data processing is critical. As the demand for edge computing increases, the Servers market in Oman is expected to witness significant growth.

Local special circumstances:
Oman has been making significant investments in its digital infrastructure, including the development of data centers and the implementation of advanced networking technologies. The government's focus on digital transformation and the promotion of e-commerce are creating favorable conditions for the growth of the Servers market. Additionally, Oman's strategic location as a gateway to the Middle East and Africa makes it an attractive market for international server vendors.

Underlying macroeconomic factors:
The growing economy of Oman, driven by sectors such as oil and gas, tourism, and logistics, is contributing to the expansion of the Servers market. As businesses grow and expand their operations, the demand for servers increases to support their IT infrastructure requirements. Furthermore, the government's initiatives to diversify the economy and promote innovation are driving the adoption of advanced technologies, including servers. In conclusion, the Servers market in Oman is witnessing steady growth due to increasing customer preferences for advanced technology, the adoption of cloud-based solutions, and the demand for edge computing. The government's focus on digital transformation and investments in digital infrastructure are creating a favorable environment for the market's expansion. The growing economy and the need for efficient data storage and processing solutions are also driving the demand for servers in Oman.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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