Servers - Serbia | Statista Market Forecast

Revenue in the Servers market is projected to reach US$42.14m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.31%, resulting in a market volume of US$68.84m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$12.97 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 within the Data Center Market in Serbia is facing minimal growth due to factors such as slow adoption of digital technologies, low health awareness among consumers, and limited convenience offered by online services.

Customer preferences: The rise of cloud computing and the demand for scalable and efficient data storage solutions has resulted in a growing preference for virtualized servers in the Data Center Market. This trend is driven by the need for cost-effective and flexible IT infrastructure, as well as the growing awareness of the environmental impact of traditional physical servers. Additionally, the increasing adoption of software-defined storage and server consolidation strategies has further fueled the demand for virtualized servers.

Trends in the market: In Serbia, the Servers Market within the Data Center Market is experiencing a shift towards cloud-based solutions, with an increasing number of companies opting for virtualized servers. This trend is driven by the need for cost-effective and scalable IT infrastructure. Additionally, there is a growing demand for edge computing solutions, as more businesses require real-time data processing and low-latency connectivity. These trends are significant for industry stakeholders as they offer opportunities for revenue growth and innovation. They also highlight the importance of investing in advanced infrastructure and technologies to stay competitive in the market. However, this trend towards cloud-based solutions may also have implications for traditional server vendors, as they may need to adapt their offerings to meet the changing needs of their clients.

Local special circumstances: In Serbia, the Servers Market within the Data Center Market is influenced by the country's geographical location and its proximity to major European markets. This has led to the development of data centers that cater to both local and international clients. Additionally, the country's strong IT infrastructure and skilled workforce have made it an attractive destination for data center investments. Furthermore, Serbia's government has implemented favorable policies and incentives to promote the growth of the data center industry, contributing to its rapid growth in recent years.

Underlying macroeconomic factors: The Servers Market within the Data Center Market in Serbia is greatly influenced by macroeconomic factors such as economic stability, government policies, and technological advancements. With a growing economy and favorable investment climate, Serbia has seen a rise in data center investments, leading to an increased demand for servers. Additionally, the country's focus on improving its IT infrastructure and increasing digitalization is further driving the growth of the Servers Market. Furthermore, the rising adoption of cloud computing and big data analytics is also boosting the demand for servers in the country.

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.