Market Trends of Micro Server Industry
This section covers the major market trends shaping the Micro Server Market according to our research experts:
Cloud Computing Micro Servers to Offer Potential Growth
- Hybrid cloud is a combination of a public cloud provider, such as Google Cloud, Amazon web services with a private cloud, i.e., designed to be used by a single organization. Currently, many organizations of any size, be it small or large are transforming from traditional to digital mode of business.
- Furthermore, small or medium-sized enterprises are increasingly making use of Big Data analytics to gain better business insights and are opting to hybrid cloud services to make significant cost savings operations. Thus, cost-effective storage of data requires micro servers, which offer cost benefits, low power consumption, and low space benefits are found to become profitable solutions over rack servers or blade servers for the small enterprises or medium enterprises, as well.
- Furthermore, most of the organizations want to update their applications frequently, several times a day because of demand from users for interactive, rich, and dynamic experience on various platforms. Thus, they deploy micro servers, which can support the achievement of all the above requirements. Additionally, micro-servers provide scalability and agility to the applications having high availability, scalability, and that are easy-to-execute, on the cloud platform.
- Therefore. the abovementioned factors are expected to boost the micro server market, during the forecast period.
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Asia-Pacific to Witness the Fastest Growth
- The Asia-Pacific region comprises of large economies, like China and Japan, with substantial penetration of data analytics and cloud computing.
- Furthermore, in China, 80% of the registered enterprises, being small and micro enterprises, are further acting as a driving force of economic growth. Along with that, the rising labor and technology costs, China's small and also medium enterprises, (including startups), are increasingly relying on public cloud services for infrastructure automation. As the utilization of public cloud services grows, the demand for microservers suited to handling the lighter cloud service workloads is likely to increase as well
- Additionally, in countries like India, with the growing number of startups backed by the ' Make in India' initiative, small and medium enterprises (SMEs) are now increasingly making use of Big Data analytics, in order to gain better insights. Thus, with the growth of data analytics and data center, the demand for micro server may also increase, as they can carry out trivial workloads more efficiently than alternative high-speed solutions.
- Therefore, all the above factors are expected to have a positive outlook on the Asia-Pacific microserver market and thus the region is expected to witness the fastest growth.
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