Servers - United Kingdom

United Kingdom

Revenue in the Servers market is projected to reach US$4.71bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.04%, resulting in a market volume of US$7.26bn by 2029.
The average Spend per Employee in the Servers market is projected to reach US$135.60 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

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Analyst Opinion

The Servers market in United Kingdom has been experiencing significant growth and development in recent years.

Customer preferences: Customers in the United Kingdom are increasingly looking for servers that offer high performance, scalability, and energy efficiency. They are also placing a strong emphasis on data security features and cloud integration capabilities. Additionally, there is a growing demand for servers that can support virtualization and artificial intelligence applications.

Trends in the market: One prominent trend in the United Kingdom's Servers market is the rising adoption of edge computing solutions. As businesses seek to reduce latency and improve data processing speeds, edge servers are becoming increasingly popular. Another key trend is the shift towards as-a-Service models, where companies prefer to lease server infrastructure rather than make large upfront investments.

Local special circumstances: The United Kingdom's Servers market is unique due to the country's strong focus on data protection and privacy regulations. With the implementation of GDPR (General Data Protection Regulation), businesses are particularly cautious about the servers they choose, opting for solutions that offer robust security features and compliance with data protection laws.

Underlying macroeconomic factors: The growth of the Servers market in the United Kingdom is also influenced by macroeconomic factors such as digital transformation initiatives, increasing internet penetration, and the proliferation of IoT devices. As businesses digitize their operations and collect more data, the demand for servers to store, process, and analyze this data continues to rise. Additionally, the shift towards remote work and online services has further accelerated the need for reliable and efficient server infrastructure.

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.