Rugged Servers Market Share will Witness a YOY Growth Rate of 3.89% in 2023
The rugged servers market share is expected to grow at a CAGR of 5.51% between 2022 and 2027. The increased adoption of cloud applications and the emergence of containerized data centers provides a promising ground for the rugged servers market.
The development of the cloud computing platform has been one of the major reasons that have led to an increase in the number of data centers worldwide. Investments in data centers in cold regions will positively impact the market for rugged servers.
Technavio’s analysis on “Rugged Servers Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027” projects that the market share is expected to increase by USD 751.25 million at an accelerating CAGR during 2023-2027.
The rugged servers market is segmented by end-user (MDA and enterprise), type (dedicated and standard), and geography (APAC, North America, Europe, Middle East, and Africa, and South America).
The increasing adoption of rugged servers by residential consumers will increase the MDA segment growth during the forecast period. 32% of market growth will develop from North America during the forecast period. Factors such as rising demand for cloud-based solutions to reduce operating and capital expenditure incurred by companies that operate on-premises data centers is another major factor that is expected to drive the growth of the market in the region.
High costs of procurement has become a major challenge to the adoption of rugged servers. The procurement cost of rugged equipment is high, although the annualized TCO is less than that for non-rugged equipment. Hence the initial cost of procurement of rugged equipment hinders its adoption across applications, thus negatively impacting the market for rugged servers.
The market structure is fragmented, and the vendors are implementing various strategies such as technological innovations to compete in the market.
Some of the major rugged servers market vendors are Advantech Co. Ltd., Corvalent Corp., CP Technologies LLC, CRI, Crystal Group Inc., Dell Technologies Inc., E & M Computing Ltd., Extreme Engineering Solutions Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Mercury Systems Inc., Sparton Corp., Systel Inc., Technology Advancement Group, TP Group plc, Trenton Systems Inc., and ZMicro.
Advantech Co. Ltd.- The company offers company offers rugged servers that are certified to comprehensive military and industrial standards for added compatibility, hardened security, and undeniable reliability.
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Precise market size estimation during the forecast period 2023-2027.
CAGR of the rugged servers market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the rugged servers market share.
Prediction of the upcoming trends, drivers, and factors that challenge the rugged servers market.
Rugged servers market growth across APAC, North America, Europe, Middle East, and Africa, and South America.
