Global Storage And Servers Support Services Market Segments 2024, Forecast To 2033
5 Mar, 2024
The storage and servers support services market has shown marginal growth, moving from $74.68 billion in 2023 to $75.79 billion in 2024, with a CAGR of 1.5%. This growth is attributed to data explosion, business continuity needs, and data security concerns. The market is expected to see steady growth, reaching $87.21 billion in 2028, sustaining a CAGR of 3.6%. Key trends include a shift to hybrid and multi-cloud environments, focus on scalability and flexibility, and AI and analytics integration.
Global Storage And Servers Support Services Market Key Driver
The storage and server support services market is expanding with the surge in data traffic. Mobile network data traffic increased by 42% in Q3 2021, reaching approximately 78 exabytes. As total mobile network data traffic is expected to reach 370EB by 2027, the demand for storage and server support services continues to rise.
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The storage and servers support services market covered in this report is segmented –
1) By Product: Rack Servers, Blade Servers, Microservers, Tower Servers
2) By Storage Solution: Scale-out, Scale-up, Other Storage Solutions
3) By Deployment: On-premise, Cloud, Other Deployment
4) By Verticals: BFSI (Banking, Financial Services And Insurance), IT and Telecom, Government , Defence, Other Verticals
5) By Application: Industrial Servers, Commercial Servers
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the storage and servers support services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the storage and server support services market report during the forecast period. The regions covered in the storage and servers support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Storage And Servers Support Services Industry Players
The Hewlett Packard Enterprise Company; Dell Inc.; International Business Machines Corporation; Fujitsu Limited; Cisco Systems Inc.; Lenovo Group Limited; Oracle Corporation; Huawei Technologies Co. Ltd.; Shandong Inspur Software Co. Ltd.; Microsoft Corporation; NEC Corporation; Hitachi Systems India Pvt. Ltd.; Super Micro Computer Inc.; AT&T Inc.; Amazon Web Services Inc.; Google LLC; Silicon Graphics International Corp.; Intel Corporation; Zadara Storage Inc.; Quantum Corporation; DigitalOcean Holdings Inc.; Wasabi Technologies Inc.; Salesforce Inc.; Panasonic Corporation; Samsung Electronics Co. Ltd.; LG Corporation; VMware Inc.; Arista Networks Inc.; Check Point Software Technologies Ltd.; Citrix Systems Inc.
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AIOps Storage And Servers Support Services Market Overview
Storage and server support services refer to a business model in which a company rents or leases its storage infrastructure to other individuals or companies for data storage. It is commonly used by organizations for managing storage and server backups while providing cost savings on hardware, personnel, and physical space.
Storage And Servers Support Services Global Market Report 2023 provides data on the global storage and servers support services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The storage and servers support services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.