According to Growth Market reports research, the global servers market size reached $98,3-billion in 2024, reflecting robust demand across industries.
The market is expected to grow at a CAGR of 7,1% to reach an estimated $184,7-billion by 2033.
This growth is primarily driven by the surging adoption of cloud computing, the expansion of data centres, and the increasing need for high-performance computing infrastructure to support emerging technologies such as artificial intelligence (AI) and big data analytics.
One of the most significant growth factors for the servers market is the exponential rise in data generation and consumption. Enterprises and consumers alike are producing vast quantities of data through digital transformation initiatives, IoT devices, and connected applications. The need for reliable, scalable, and efficient server infrastructure to process, store, and analyse this data is more critical than ever.
Organisations are investing heavily in upgrading their server capabilities to ensure business continuity, optimise performance, and support mission-critical workloads.
The proliferation of edge computing and the integration of advanced analytics are further fueling the demand for next-generation servers that can handle complex, real-time processing at scale.
Cloud computing remains a dominant force shaping the servers market landscape. The migration of workloads to public, private, and hybrid cloud environments necessitates advanced server solutions capable of supporting virtualisation, containerisation, and multi-cloud orchestration. Cloud service providers are expanding their server fleets to deliver seamless, scalable, and secure services to enterprises across the globe.
Additionally, the adoption of hyper-converged infrastructure and software-defined data centres is driving innovation in server design, leading to increased efficiency, flexibility, and cost savings for end-users.
The shift towards as-a-service models, such as Infrastructure as a Service (IaaS), is also boosting server deployments worldwide.
Another critical driver is the rapid advancement of artificial intelligence, machine learning, and high-performance computing (HPC) applications. These workloads require servers equipped with powerful processors, high memory bandwidth, and specialized accelerators like GPUs and FPGAs. Industries such as healthcare, finance, and scientific research are leveraging these capabilities to accelerate innovation, improve decision-making, and gain competitive advantages.
The demand for customised, workload-optimised servers is rising, prompting vendors to develop modular and scalable solutions tailored to specific industry requirements.
Furthermore, the emergence of 5G networks and the expansion of edge computing are creating new opportunities for server deployments in distributed and latency-sensitive environments.
From a regional perspective, North America continues to dominate the servers market, accounting for the largest share in 2024 due to its mature IT infrastructure, presence of leading technology companies, and high adoption of cloud services.
However, the Asia Pacific region is witnessing the fastest growth, driven by rapid digitalisation, the expansion of local data centres, and increasing investments in smart city and IoT projects.
Europe also remains a significant market, supported by stringent data protection regulations and the growing demand for secure and energy-efficient server solutions.
Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, fueled by government initiatives to enhance digital infrastructure and bridge the digital divide.