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Region : Global | Latest Update: Aug, 2019 | Published Date: Jul, 2019 | Report ID: FBI100304| Status : Published
The Global High Availability Server Market was valued at US$ 5,326.1 Mn in 2018 and is projected to reach US$ 12,919.1 Mn by 2025, exhibiting a CAGR of 13.5% in the forecast period.
High availability server is an advanced system that performs continuous work without any disruption or break. The system provides higher security, stability, flexibility, and reliable operations. The global market is projected to account for significant growth in the forecast period. This growth is mainly attributed to the rise in the demand for micro & modular data center (MDC), an increase in demand for IoT smart devices, and availability of server infrastructures at a low price. High availability server has inclusive applications in the industry including banking, financial services and insurance, telecommunications services and others. Consequently, the demand for the high availability server is increasing from different industry end and is anticipated to rise with a decent CAGR over the forecast period. Also, rapid implementation of cloud-based solutions in the IT solution and service industry is acting as the key drivers for the high availability server market growth during the forecasted period.
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BFSI to Develop as Most Attractive End-Use Industry Type
BFSI generated a major share of the global market revenue in 2018. The BFSI segment in the end-use industry is the most productive segment among others. This growth is mainly due to the growing demand for availability server solutions and services in the banking industry to keep the banking operations running without any obstacle. Further, a high availability server has wide applications in services including financial, banking, insurance, telecommunications, and others. High availability server operates with critical data and helps secure the mission-critical operations from major failure that can cause a huge loss for the organizations. Consequently, the demand for the high availability server is growing from different vertical and is anticipated to rise with a remarkable CAGR in the forecast period.
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Rising Mission Critical Operations Demanding Minimum Server Downtime Has Enabled North America to Dominate the Market
North America emerged as the largest revenue generator in 2018 and is likely to maintain its dominance in the market during the forecast period. Strong installed base and high penetration rate of high availability servers in crucial end-use industries of developed regions such as BFSI, IT and telecommunication, and retail have favored growth in North America and Europe. In the Asia Pacific, persistent innovations in technology and expansion in the data center equipment market are promoting strong development in the field of high availability servers. Further, there is increasing research and development focused on advanced and true fault-tolerant infrastructure in the region. All these factors are expected to fuel the high availability server sales in this region.
North America High Availability Server Market, 2018
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The report offers quantitative and qualitative insights on the global high availability server market and a comprehensive study of market size & growth rate for all likely segments in the market. The market is segmented by availability level, end-use industry, and geography. By availability level, the global market is categorized into the availability level 1, availability level 2, availability level 3, availability level and availability level 5. Based on end-use industry, the market is segmented into BFSI, IT & telecommunication, government, healthcare, manufacturing, retail, and others. The market is geographically segmented into five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report also provides insights on SWOT analysis of key companies, recent industry developments in high availability server such as mergers & acquisitions, the regulatory scenario in key countries, an analysis about need for minimal server downtime, rising mission-critical operations, and key industry trends.
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By Availability Level
· Availability Level 1
· Availability Level 2
· Availability Level 3
· Availability Level 4
· Availability Level 5
By End-Use Industry
· IT & Telecommunication
· North America (USA and Canada)
· Europe (U.K., Germany, France, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)