Press release
Rugged Servers Market Set for Remarkable Growth, Expected to Surpass US$ 945.5 Million by 2032 at 5.8% CAGR
Demand is predicted to increase at a 5.8% value CAGR over the assessment period of 2022-2032, most likely reaching US$ 945.4 million by the conclusion of the forecast period.
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By integrating cutting-edge innovations, service providers can streamline operational expenses while maximizing returns on investment. Additionally, evolving compliance and governance standards are broadening the landscape for the rugged servers market. As nations navigate industry-specific regulations, undergo market consolidation, and embrace futuristic technologies, the global rugged servers market anticipates multifaceted transformations.
Rising expenditures within the IT and cloud services sector are set to drive global growth in the rugged servers market. Government backing for research and development, coupled with substantial investments in technological advancements, are expected to escalate the adoption of rugged servers. These developments are poised to propel the managed services market forward.
Key Companies Profiled:
• Dell Technologies
• Mercury Systems
• Siemens
• Core Systems
• Crystal Group
Extensive usage of rugged servers in military and aerospace, telecommunication, and Industries are some of the factors influencing the growth of the rugged server market in forecasting years. High digitalization in every sector boosts the growth of the market.
The rising importance of the mobile workforce and the need to access information anytime, anywhere has led enterprises to adopt rugged servers which in turn is boosting the growth of this market.
Increasing investment by the government for the development of the latest technologies to maintain their competitive edge over other companies has resulted in an increasing demand for rugged Servers which further fuels the growth of this market.
Read More: https://www.factmr.com/report/rugged-servers-market
Competitive Landscape:
The global market for rugged servers is characterized by the presence of multiple vendors, aiming to offer extensive consulting and integration services to clients. Additionally, enterprises are seeking out, specialized service providers, offering solutions tailor-made to suit their business objectives. In addition, the vendors are likely to leverage up-gradation to gain an edge over other competitors in the market.
• In April 2022 Crystal Group, Inc., a leading designer, and manufacturer of rugged computer and electronic hardware announced its first VMware-validated configuration of virtualization-enabled servers. In collaboration with Intel and VMware, Crystal Group developed its VMware Validated Solution to consolidate the work of multiple discrete hardware solutions into a single, hyper-converged system. This software-agnostic, hyper-converged system combines real-time automation, remote management, cybersecurity, auto failover, and zero-trust security features for utilities as they pursue significant power grid modernization efforts.
• In November 2021, Mercury Systems a leader in trusted, secure mission-critical technologies for aerospace and defense, completes the acquisition of Avalex Technologies. The acquisition is directly aligned with strategy and will enable the growing demand for digitally converged solutions in the C4I and platform/mission management markets.
Key Segments Covered in the Rugged Servers Market Study:
• By Offering :
o Hardware
o Software & Services
• By Type :
o Dedicated
o Standard
• By Memory size :
o 512GB-1TB
o >1TB
• By Application :
o Military and Aerospace
o Telecommunication
o Industrial Applications
o Energy & Power
o Marine Applications
o Other Applications
• By Region :
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o Latin America
In conclusion, the rugged servers market is experiencing a significant surge in growth driven by increased spending in the IT and cloud services industry. Support from government initiatives for research and development, along with substantial investments in technological innovation, are key factors driving the adoption of rugged servers. This trend not only strengthens the rugged servers market but also provides traction to the managed services sector, indicating a promising outlook for both segments in the foreseeable future.
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