Servers - Croatia

  • Croatia
  • Revenue in the Servers market is projected to reach US$44.28m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.12%, resulting in a market volume of US$62.77m by 2028.
  • The average Spend per Employee in the Servers market is projected to reach US$25.71 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 Croatia has witnessed significant growth in recent years, driven by customer preferences for advanced technology solutions and the increasing demand for data storage and processing capabilities. Customer preferences in the Servers market in Croatia have shifted towards more powerful and efficient server systems. Businesses and organizations are increasingly looking for servers that can handle large amounts of data and support complex applications. This has led to a growing demand for high-performance servers with advanced features such as virtualization, scalability, and energy efficiency. Additionally, there is a rising preference for servers with enhanced security features to protect sensitive data from cyber threats. The market is also experiencing a trend towards cloud-based servers. Cloud computing has gained popularity among businesses in Croatia due to its cost-effectiveness, flexibility, and scalability. Many organizations are adopting cloud-based servers to reduce their IT infrastructure costs and improve operational efficiency. This trend is expected to continue driving the growth of the Servers market in Croatia. Local special circumstances in Croatia have also contributed to the development of the Servers market. The country has seen a rise in the number of small and medium-sized enterprises (SMEs) in recent years. These businesses are increasingly realizing the importance of having a robust IT infrastructure to support their operations and compete in the digital economy. As a result, there is a growing demand for servers among SMEs in Croatia. Furthermore, the government of Croatia has been actively promoting digitalization and the adoption of advanced technologies. Initiatives such as the Digital Croatia 2020 Strategy and the Smart Specialization Strategy have created a favorable environment for the growth of the IT sector, including the Servers market. The government's focus on improving digital infrastructure, expanding broadband connectivity, and supporting research and development activities has attracted investments in the IT sector and stimulated the demand for servers. Underlying macroeconomic factors have also played a role in the development of the Servers market in Croatia. The country's economy has been experiencing steady growth, with increasing investments in various sectors. This has led to a rise in business activities and a greater need for data storage and processing capabilities. Additionally, Croatia's integration into the European Union has opened up new opportunities for businesses, including access to a larger market and funding for IT infrastructure projects. In conclusion, the Servers market in Croatia is witnessing growth due to customer preferences for advanced technology solutions, the increasing demand for data storage and processing capabilities, the shift towards cloud-based servers, local special circumstances such as the rise of SMEs and government initiatives to promote digitalization, and underlying macroeconomic factors such as steady economic growth and EU integration.

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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