Microserver Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026
The Microserver Market size is forecast to reach $ 67 billion by 2025 growing at a CAGR of 9.27% during the forecast period 2020-2025. The Growth of Microserver market can be attributed to the rising demand to improve the operational efficiency of server infrastructure, growing demand for cloud services for various applications, increasing requirement of high-density servers, and low power consumption. The adoption of machine-to-machine learning and IoT-enabled devices have created the need for more cloud-based services, thus, fueling the micro server market. The rising number of small and medium enterprises are expected to provide growth opportunities for the Microserver market during the forecast period. According to World Bank statistics, SMEs represent about 90% of businesses and more than 50% of employment worldwide.
