The global Server PCB Market Growth Accelerated by Rising Demand for Cloud-Based Services

 


Server PCB is a critical component of servers used in data centers for cloud computing. Server PCBs offer high computing capabilities to efficiently power servers used in cloud infrastructure and applications. With exponential growth in data and migration of workloads to cloud platforms, the demand for servers and server infrastructure is growing significantly. This rising demand is fueling the need for server PCBs that can efficiently manage intensive workloads and computing requirements of next-generation cloud platforms.

The global Server PCB Market is estimated to be valued at US$ 45.22 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing deployment of cloud-based applications and growth of hybrid cloud infrastructure by organizations are some of the major factors driving the demand for servers and Global Server PCB Market Size. Many companies are adopting hybrid cloud strategy to reap the benefits of public and private clouds. This is increasing the pressure on server infrastructure providers to develop and supply more powerful and efficient servers. Server PCB manufacturers are hence focused on developing boards with higher processing power, memory, and bandwidth to support intensive workloads in hybrid cloud environments. They are utilizing more advanced technologies and higher density designs to accommodate additional components on the board, thereby improving the server performance and efficiency. This rising focus on highly advanced server PCB designs equipped with latest technologies is expected to significantly support the market growth over the forecast period.

Segment Analysis

The global server PCB market is dominated by the data center segment. The data center sub-segment held around 65-70% share of the overall market in 2024. With the increasing demand for cloud services and internet connectivity across various industries, investments in construction of hyperscale and large data centers have significantly increased over the past few years. Various leading IT and cloud service providers such as Google, AWS, Microsoft etc are heavily investing in development of new data centers as well as upgrading the existing infrastructure. This is positively impacting the demand for server PCBs from data center operators.

Key Takeaways

The global server PCB market is expected to witness high growth over the forecast period owing to increasing investments in development of cloud infrastructure across major economies. The global Server PCB Market is estimated to be valued at US$ 45.22 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.

Regional analysis: North America remained the largest as well as the fastest growing regional market in 2024. Presence of numerous hyperscale data center facilities of leading cloud service providers such as AWS, Microsoft, Google etc. along with increasing in-house data center investments by major organizations in the region is driving the demand for server PCBs in North America. Asia Pacific is also expected to witness significant growth owing to rapidly growing cloud adoption and massive upcoming data center developments, especially in China and India.

Key players: Key players operating in the server PCB market are General Electric (GE) Co., Turbine Generator Maintenance Inc., Toshiba Corporation, Siemens AG, Arani power systems, Elliott Group, TURBOCAM, Doosan Å koda Power, Chola Turbo Machinery International Pvt. Ltd., and Mitsubishi Hitachi Power Systems Americas Inc.

Get More Insights On This Topic: https://www.newsstatix.com/server-pcb-market-size-share-analysis-2023-2030/


Comments

Post a Comment

Popular posts from this blog

Macrophage Marker Market Poised to Grow at a Robust Pace Due to Rising Demand in Medical Diagnostics

Image
  The macrophage marker market has witnessed significant growth in recent years owing to the growing applications of macrophage markers in medical diagnostics. Macrophage markers are proteins or cell surface receptors that are expressed by macrophages and are used to identify and study macrophages and their functions. Some of the key macrophage markers include CD14, CD68, CD163, CD206, and LAMP-3. These markers play a vital role in studying the functions of macrophages in various diseases like cancer, inflammatory disorders, and infectious diseases. The global macrophage marker market is estimated to be valued at US$ 295.15 million in 2024 and is expected to exhibit a CAGR of 2.7% over the forecast period of 2024-2030. The growing prevalence of various chronic and infectious diseases and increase in R&D spending for drug discovery are some of the key factors driving the demand for macrophage markers in recent years. Macrophage markers help in evaluating disease progression, drug
Read more

The global Cancer Diagnostics Market is growing at an accelerated pace

Image
  Cancer diagnostics involve various tests and procedures used to detect different types of cancers as early as possible to help improve treatment outcomes. From simple blood tests and imaging scans to biopsies and molecular testing, cancer diagnostics help doctors determine if an individual has cancer, where it is located in the body, if it has spread, and other important information. The growing incidences of various cancers like breast, lung, prostate and colorectal cancer globally have increased the demand for advanced and effective diagnostic procedures. Early detection is critical for cancers to treat them effectively and improve chances of survival. The global Cancer Diagnostics Market is estimated to be valued at US$ 59.1 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Immunohistochemistry is one of the key diagnostic trends gaining populari
Read more

The Global Boat Accumulator Market Growth Is Accelerated By Increasing Consumer Spending

Image
  Boat accumulators or batteries are sealed lead acid batteries that provide starting power and deep cycle power for boats. They are essential for powering marine electrical systems, motors, navigation lights, bilge pumps and other onboard appliances. The growing marine tourism and recreational boating activities have increased the demand for boats and yachts over the years. This has propelled the boat accumulator market. The global Boat Accumulator Market is estimated to be valued at US$ 266.66 Mn in 2023 and is expected to exhibit a CAGR of 2.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing consumer spending on recreational boating activities has been a major driver for the boat accumulator market over the past decade. The number of recreational boats sold globally has increased steadily with the rise in disposable incomes and leisure time among consumers. Countries like the United State
Read more