With 6.5% CAGR, Rugged Servers Market Growth to Surpass USD 652 million
The global rugged servers market size is projected to reach USD 652 million by 2025; it is expected to grow at a CAGR of 6.5% during forecast period.
The growth of the rugged servers market is majorly driven by
rising demand for industrial IoT, stringent regulatory requirements across
various industries, and growing demand for rugged servers in the military,
industrial, and power sectors.
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Dedicated segment expected to lead the rugged servers market
in 2020
Dedicated rugged servers are expected to account for the
larger share of the rugged servers market in 2020. As rugged servers are
majorly used in mission-critical applications, military & aerospace, and
industrial sectors are the major end users of these servers. These sectors
operate under critical temepratures, vibrations, or dusty conditions; hence,
access and transfer of data become difficult. Dedicated rugged servers prove to
be the most suitable servers for operating in such conditions and are designed
and manufactured as per the specific requirements related to these
applications.
Military & aerospace application is expected to hold the
largest size of the rugged servers market in 2020.
Critical missions and projects in military and aerospace
sectors involve critical data that is transmitted to client devices through
servers. As these missions are usually carried out in extreme environmental
conditions, rugged servers are the most suitable servers to operate reliably in
such conditions. Therefore, the military & aerospace application segment is
expected to continue to account for the largest size of the market during the
forecast period.
Rugged servers market in North America contributed the
largest share in 2019.
Military & aerospace, telecommunication, and power—key
end users of rugged servers—are highly established in the North American
countries majorly the US and Canada, owing to high-end advancements and
research & development activities. Furthermore, the growing demand for
improved process flexibility and enhanced efficiency, harmonized production
processes for effective supply-chain management, and minimizing the maintenance
and operation costs in discrete industries are expected to boost the adoption
of rugged servers in industrial applications of the country during the forecast
period.
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Key Market Players
The rugged servers players have implemented various types of
organic as well as inorganic growth strategies, such as product launches,
product developments, parnerships, and agreements to strengthen their offerings
in the market. The major players are Dell Technologies, Mercury Systems,
Siemens, Core Systems, and Crystal Group.
News also covered: https://www.prnewswire.com/news-releases/rugged-servers-market-worth-652-million-by-2025--exclusive-report-by-marketsandmarkets-301208246.html
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