< Key Hightlight >
The AI server market is expected to be worth USD 142.88 billion in 2024 and is estimated to reach USD 837.83 billion by 2030, growing at a CAGR of 34.3% between 2024 and 2030. The increasing adoption of machine learning (ML) and deep learning algorithms is a key driver for the AI server market, as businesses and industries rely more heavily on AI technologies for data analysis, automation, and decision-making. The rising adoption of cloud-based AI solutions is a another driver for the AI server market, as more industries leverage the scalability, flexibility, and cost-efficiency of cloud platforms to implement AI technologies. With cloud-based AI services, organizations no longer need to invest in expensive on-premise infrastructure, making AI accessible to businesses of all sizes. Cloud AI platforms like AWS, Microsoft Azure, and Google Cloud, enable businesses to deploy sophisticated AI models without the need for specialized in-house hardware, driving demand for cloud-based AI servers that can handle large-scale AI computations. Analysis of key drivers (Increase in data traffic and need for high computing power; Increasing adoption of machine learning and deep learning algorithms, and Rising adoption of cloud-based AI solutions across industries) influencing the growth of the AI server market. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI server market. Market Development: Comprehensive information about lucrative markets - the report analysis the AI server market across varied regions Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the AI server market Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Dell Inc. (US), Hewlett Packard Enterprise Development LP (US), Lenovo (Hong Kong), Huawei Technologies Co., Ltd. (China), IBM (US) among others in the AI server market.