Edge server market

The growth of cloud computing has been a major driver of the server market. As more businesses and organizations move their applications and data to the cloud, there is a growing need for powerful and scalable server infrastructure to support these services.

With explosive growth of data in recent years, there is an increasing demand for storage solutions that can handle large volumes of data. This has led to the development of specialized storage servers that can provide high-capacity and high-performance storage for a variety of applications.

Secondly, Virtualization technology allows multiple virtual machines to run on a single physical server, which can help to improve server utilization and reduce costs. The growing adoption of virtualization in data centers and other environments has driven demand for high-performance servers that can support virtualization workloads.

Edge computing is an emerging trend in which processing and data storage are moved closer to the edge of the network, closer to where data is generated. The growth is driven by the increasing demand for real-time data processing and low-latency communications. As per the report from MarketsandMarkets, the total addressable market for edge servers is expected to reach $18.99 billion by 2027, growing at a compound annual growth rate of 32.8% from 2020 to 2027.

The report cites several factors driving the growth of the edge server market, including the increasing adoption of edge computing in various industries such as healthcare, retail, and manufacturing.

In addition, the rise of 5G networks and the Internet of Things is also expected to drive the growth of edge servers, as these devices are well-suited to handle the large volumes of data generated by these technologies.

Overall, the edge server market is expected to continue to grow rapidly in the coming years, driven by the increasing demand for low-latency processing, real-time analytics, and edge computing.

S Mohini Ratna, Editor, VARINDIA