Servers - Turkey

Turkey

Revenue in the Servers market is projected to reach US$244.50m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.21%, resulting in a market volume of US$379.90m by 2029.
The average Spend per Employee in the Servers market is projected to reach US$6.77 in 2024.
In global comparison, most revenue will be generated in the United States (US$47,260m in 2024).

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Servers market in Turkey has been experiencing significant growth and transformation in recent years.

Customer preferences: Customers in Turkey are increasingly demanding servers with higher processing power, storage capacity, and efficiency. They are also showing a preference for servers that offer advanced security features to protect their data. Additionally, there is a growing trend towards modular and scalable server solutions that can easily adapt to changing business needs.

Trends in the market: One notable trend in the Servers market in Turkey is the rising adoption of cloud computing services. This trend is being primarily driven by the need for cost-effective and flexible IT solutions among businesses of all sizes. As more companies in Turkey embrace digital transformation, there is a growing demand for servers that can support cloud-based applications and services. Another trend is the increasing focus on energy-efficient servers to reduce operational costs and minimize environmental impact.

Local special circumstances: Turkey's strategic location between Europe and Asia makes it a key player in the global trade and telecommunications network. This geographic advantage has positioned Turkey as a hub for data centers and server infrastructure, driving growth in the Servers market. Moreover, the Turkish government's initiatives to promote digitalization and technology adoption across various industries are creating opportunities for server vendors and service providers in the country.

Underlying macroeconomic factors: The growing economy in Turkey, coupled with increasing investments in infrastructure development, is fueling the demand for servers across various sectors such as finance, healthcare, manufacturing, and e-commerce. Additionally, the country's young and tech-savvy population is driving the adoption of digital services and online platforms, leading to a higher demand for robust server solutions. Furthermore, Turkey's focus on advancing its telecommunications network and improving internet connectivity is contributing to the expansion of the Servers market in the country.

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.