Servers - Turkey

Turkey

Revenue in the Servers market is projected to reach US$220.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 12.81%, resulting in a market volume of US$356.30m by 2028.
The average Spend per Employee in the Servers market is projected to reach US$6.33 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

Market

Region

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Currency

Analyst Opinion

The Servers market in Turkey has been witnessing significant growth in recent years.

Customer preferences: Customers in Turkey are increasingly demanding high-performance servers that can handle complex workloads and support advanced technologies such as virtualization and cloud computing. They are also looking for servers that offer scalability and flexibility to meet their evolving business needs. Additionally, customers in Turkey prioritize cost-effectiveness and energy efficiency when choosing servers, as they aim to optimize their IT infrastructure while minimizing operational costs.

Trends in the market: One of the key trends in the Servers market in Turkey is the growing adoption of cloud computing. Many businesses in Turkey are shifting towards cloud-based solutions to enhance their operational efficiency and reduce IT infrastructure costs. This trend is driving the demand for servers that can support cloud computing workloads and provide seamless integration with cloud platforms. Another trend in the market is the increasing focus on data security. With the rising number of cyber threats and data breaches, businesses in Turkey are investing in servers that offer robust security features and data protection mechanisms. This includes servers with built-in encryption capabilities, advanced authentication methods, and secure remote access options. Moreover, there is a growing demand for edge computing servers in Turkey. Edge computing enables businesses to process data closer to the source, reducing latency and improving real-time decision-making. This trend is driven by the increasing adoption of Internet of Things (IoT) devices and the need for real-time data processing and analytics at the edge of the network.

Local special circumstances: Turkey has a rapidly growing digital economy, with a strong focus on e-commerce, fintech, and other digital services. This has led to an increased demand for servers to support the infrastructure required for these industries. Additionally, Turkey is strategically located between Europe and Asia, making it an attractive market for data centers and cloud service providers looking to expand their presence in the region.

Underlying macroeconomic factors: The growth of the Servers market in Turkey can be attributed to several macroeconomic factors. The country has been experiencing steady economic growth, which has resulted in increased business investments and IT spending. Additionally, the government of Turkey has been implementing initiatives to promote digital transformation and encourage the adoption of advanced technologies, which has further fueled the demand for servers. In conclusion, the Servers market in Turkey is witnessing significant growth due to customer preferences for high-performance, cost-effective, and secure servers. The adoption of cloud computing, focus on data security, and the demand for edge computing servers are key trends driving the market. The local special circumstances, such as the growing digital economy and Turkey's strategic location, contribute to the market's growth. Additionally, the country's steady economic growth and government initiatives support the expansion of the Servers market in Turkey.

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.