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By 2024, Blade Server Market in Installation & Support Services are Projected to Dominate the Industry

Author : Ronak Bora | Published Date : 2019-03-27 

North America is anticipated to dominate the blade server market over the forecast time span. It can be attributed to the presence of various industry players in the region. The presence of IT giants in the U.S. has propelled the growth of this industry in the region. Europe is projected to showcase a significant growth rate owing to the ongoing technological advancements in the industry. Asia Pacific is expected to generate maximum revenue owing to rising number of data centers and high adoption of technological innovations in emerging economies including China and India.

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Industry players are majorly focusing on innovations in these systems by constantly upgrading the infrastructure. Continuous technological advancements in the industry are witnessed as a huge opportunity in this industry. For instance, HP designed OneView blade system for the expansion of its blade server portfolio. It helps in the improvisation of productivity of IT administrators with automated intelligence and intuitive user interface that simplify general tasks. Furthermore, penetration into the emerging markets has gained traction among the players in the blade server market.

On the basis of the industry vertical, the blade server market is divided into IT & telecom, public sector, BFSI, healthcare, manufacturing, energy, media & entertainment, and others. IT & telecom is expected to capture the maximum market share due to a high demand for modernized IT infrastructure. BFSI sector is predicted to showcase a significant growth owing to the high adoption of blade servers for the reduction of complexities in operations.

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By data center, the blade server market can be classified into Tier 1, Tier 2, Tier 3, and Tier 4 data centers. Tier 3 data centers are anticipated to register the highest market share over the forecast timeline owing to a wide use of these data centers. Moreover, this growth can be attributed to their features such as cost-effectiveness for a majority of businesses and less maintenance as compared to other types of data centers.

On the basis of service, the blade server market can be divided into consulting, installation & support, and professional services. Installation & support services are expected to dominate the market over the forecast time frame owing to the extensive use of these services as a replacement of rack servers. Consulting services segment is projected to grow at the highest CAGR over the forecast time span.

Hewlett-Packard, Lenovo, Cisco Systems, Dell, IBM, Oracle, SGI, and Fujitsu are some of the key competitors in this market. The companies are adopting aggressive strategies, such as mergers, acquisitions, and new product development, to gain a competitive edge in the blade server market.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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