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Data Center Server Market Worth USD 56.54 Billion, 13% accelerating increase

According to Technavio Research Report “Data Center Server Market by type server) and geography is witnessed to grow USD 56.54 billion, at a CAGR of 13% from 2019 to 2023”.
BusinessWire release declares that one of the key trends that is contributing to the growth of the global data center server market is the adoption of AI is helping data centers to efficiently monitor and regulate server performance, network congestion, and disk utilization.

The Major Players for the Data Center Server Market are:

  • Dell Technologies
  • Hewlett Packard Enterprise Development LP
  • IBM
  • Inspur
  • Lenovo
Because of the fact that the major players in the market are predominantly from North America, this continent led the market in 2018 with a market share of nearly 40%, followed by APAC, Europe, South America, and MEA respectively.

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