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SAN FRANCISCO, April 20, 2021 /PRNewswire/ -- The global server market size is expected to
reach USD 145.31 billion by 2028, according to a study conducted by Grand View Research, Inc. It is expected to
expand at a CAGR of 7.8% from 2021 to 2028. The demand for servers is anticipated to grow considerably over the forecast period owing to the growing focus on the timely update of IT infrastructure worldwide. The rising adoption of data analytics among enterprises to understand consumer trends has resulted in the growing adoption of IT networking equipment. Furthermore, the rollout of 5G networks and technologies such as the Internet of Things (IoT), cloud computing, and virtualization is expected to fuel the demand for high-performance computing servers.