Rugged servers market to hit $945 million by 2032
Military and aerospace will account for the largest share of the rugged servers market
The worldwide rugged servers market is slated to reach $945.4 million by 2032, according to a recently published report by Fact.MR.
The market research affirms a compound annual growth rate (CAGR) of 5.8% during the forecast period (between 2022 and 2032), owing to increased spending in the overall IT and cloud services industry.
Ancillary government initiatives toward R&D and major investments in technological innovation will also contribute to rugged servers market expansion. Extensive usage of rugged servers in the military, aerospace, and telecommunication industries are other factors influencing the growth of the rugged server market in the forecast period.
Furthermore, mobile teams and the need to access information at any time and from anywhere have led enterprises to adopt rugged servers, which is adding to the burgeoning growth of the market.
As of 2022, the market is projected to reach $539 million. Dell, Mercury Systems, and Siemens are among the top vendors in the Asia Pacific rugged servers management market.
However, the US is anticipated to emerge as the leader in the rugged servers market, reaching US$ 329.3 million by 2032. China will reportedly represent the fastest-growing market, registering a CAGR of 5.3% across the decade.
By application, military and aerospace will register maximum rugged servers market usage, growing at a CAGR of 5.6%.
“By incorporating avant-garde breakthroughs, service providers are not only able to reduce operational costs, but also enhance their returns on investment. Furthermore, changing compliance and governance requirements are also widening the scope for the rugged servers market,” stated Fact.MR in its report.
“As countries strengthen navigate industry-specific requirements, experience market consolidation, and adopt futuristic technologies Rugged servers market worldwide can expect multidimensional changes.”
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