Pune, India -- (SBWIRE) -- 06/13/2019 -- The global high availability server market is expected to grow in the coming years as high availability systems have the capability to work continuously without any failure. Fortune Business Insights in a report, titled "High Availability Server Market Size, Share and Global Trend by Product Type (Consoles & Accessories), By End User (Commercial & Residential) and Geography Forecast till 2025" offers key insights on the trends prevailing in the market. Furthermore, high availability systems offer flexible, reliable and stable operations.
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High availability servers offer wide applications across several sectors. These sectors include Banking and Financial System (BFSI), IT & telecommunication, retail, and government. This is further expected to fuel demand for high availability servers in the coming years.
North America to Lead as the Market Witnesses Maximum Growth from the U.S. and Canada
Among the major geographies, North America is likely to remain strong in the global high availability server market during the forecast period. The market in this region is expected to cover the maximum share as some of the leading players are planning to strengthen their position in Canada and the U.S. Furthermore, high penetration rate of availability servers in BFSI, IT, e-commerce, retail and others are likely to register attractive growth opportunities for the market in North America. This is followed by Europe, where rising adoption of advanced cloud-computing technologies is expected to drive the market. Presence of well-established companies especially in the U.K. and Germany with the large installed base will boost the market in Europe.
Growing technological innovations is anticipated to help the market to grow in Asia Pacific during the forecast years. In addition to this, IT infrastructure enhancements across countries are likely to create impressive growth opportunities for the market in the coming years.
Rising Adoption of Disaster Recovery System Drives the Market by 2026
Certain factors are responsible for positively impacting the growth of the high availability server market. "At the forefront, growing demand for big data analytics and internet of things (IoT) are contributing to the growth of the market," stated a lead analyst at Fortune Business Insights. Also, the growing need for improvements in application performance in data-centric equipment market is expected to drive the market. This is attributable to the presence of disaster recovery structures backed by high availability server set up. These structures are for data centres to centralize data backup and eventually minimize the risk of data loss.
The demand for high availability server configuration is expected to increase in several end-use industries. Of these, BFSI is likely to register high growth in the high availability server software over the next few years. The experts in this sector are dealing with a massive amount of data and analyze this data without any hindrance or glitch. High availability servers are likely to play a significant role in this sector, which in turn, acts as a growth engine to the market.
Technological advancements and requirement for security management high availability servers will further result in advance high availability servers. These new servers are expected to offer the best high availability server solutions, thus driving the market over the forecast period.
Apart from these factors, mounting costs of availability servers may act as a roadblock to the market's growth. In addition to this, the maintenance of advanced features of high availability servers is expensive, making it difficult for companies to adopt high availability server solutions. Lastly, the lack of awareness about these servers is likely to pose a serious threat to the market.
Leading Players to Invest More Time and Money on Developing New High Availability Servers
The competition is likely to be high in the global high availability server market. Large-level and mid-level vendors are expected to compete with each other and gain an edge over the competition. Furthermore, some of the savvy players are planning to invest more money and time to configure advanced high availability servers into IT systems. For instance, companies such as Amazon, Alibaba, Microsoft, and Google have invested in several data centre infrastructure projects in 2018. Among these, Google Inc. is planning to invest around US$ 700 Million to build a data centre in Denmark. Furthermore, Microsoft acquired 130 hectares land to build data centres in Northern Sweden in November 2018.
Some of the major players are Cisco Systems, Fujitsu, CenterServ, Dell Inc., HP Development Company, Quanta Computer, Lenovo, IBM Corporation, NEC Corporation, Stratus Technologies, Unisys Global Technologies, and Oracle Corporation.
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