Servers - Egypt

  • Egypt
  • Revenue in the Servers market is projected to reach US$83.46m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 11.99%, resulting in a market volume of US$131.30m by 2028.
  • The average Spend per Employee in the Servers market is projected to reach US$2.46 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 Egypt has been experiencing significant growth in recent years.

Customer preferences:
Customers in Egypt are increasingly demanding servers that offer high performance, reliability, and scalability. They are looking for servers that can handle the growing amount of data and support their expanding business operations. Additionally, customers are seeking servers that are energy-efficient and can help reduce their overall operational costs.

Trends in the market:
One of the key trends in the Servers market in Egypt is the increasing adoption of cloud computing. Many businesses in Egypt are recognizing the benefits of cloud-based solutions, such as cost savings, scalability, and flexibility. This has led to a higher demand for servers that can support cloud infrastructure and handle the storage and processing requirements of cloud-based applications. Another trend in the market is the growing importance of data security. With the increasing number of cyber threats and data breaches, businesses in Egypt are prioritizing the security of their data and IT infrastructure. This has resulted in a higher demand for servers that offer enhanced security features, such as encryption, authentication, and access controls.

Local special circumstances:
Egypt has a rapidly growing population, which is driving the demand for digital services and creating a need for robust IT infrastructure. The government of Egypt has also been actively promoting digital transformation initiatives, which has further accelerated the demand for servers in the country. Additionally, Egypt's strategic location and its efforts to position itself as a regional hub for technology and innovation have attracted foreign investments and contributed to the growth of the Servers market.

Underlying macroeconomic factors:
The economic stability and favorable business environment in Egypt have played a significant role in the growth of the Servers market. The government has implemented various economic reforms and policies to attract foreign direct investment and promote entrepreneurship. This has resulted in increased business activities and investments in the IT sector, driving the demand for servers. Furthermore, the increasing internet penetration and smartphone adoption in Egypt have led to a rise in digital services, such as e-commerce, online banking, and digital entertainment. These services require robust IT infrastructure, including servers, to handle the growing data traffic and ensure smooth operations. In conclusion, the Servers market in Egypt is experiencing growth due to the increasing demand for high-performance and secure servers, the adoption of cloud computing, the government's digital transformation initiatives, and the favorable macroeconomic factors. As businesses in Egypt continue to embrace digitalization, the demand for servers is expected to further increase in the coming years.

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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