Market Trends of High Availability Server Industry
This section covers the major market trends shaping the High Availability Server Market according to our research experts:
BFSI Sector is Expected to Have a Significant Growth Rate
- A properly designed high availability server offers minimum processing latency and maximum uptime by means of hardware redundancy feature, which serves to lower the risk of hardware failure. This advantage has led to its swift uptake by the banking and financial institutions that need to store vast amounts of data and access those quickly, efficiently, and securely.
- Low or almost zero risks of system failure enables BFSI organizations to run their business without interruptions, protect companies from lost revenue when the process of accessing their business application and data resources get disrupted.
- These servers are operated using high-availability software to harness the redundant computers that provide continued service when the server components fail. Without high-availability software, if a server is running a particular application and crashes, the application will be unavailable until the server is restored or fixed.
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North America Region is Expected to Grow at a Significant Rate
- North America is expected to maintain its dominance in the global market place as the growth is attributable due to the presence of prominent players such as Dell Inc, Cisco System Inc., IBM Corp., AWS Inc., among others. These players are putting efforts to strengthen their market position across the U.S. and Canada thereby covering majority of the share.
- Moreover, the early adoption of advanced technologies in this region pushes growth in the overall market. The penetration of high availability server set up is increasing across end-use industries, which creates growth opportunities for the market in North America.
- Further, the growing number of mergers and acquisitions among some of the prominent players are putting efforts to strengthen their market position across the region.
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