Asia Express - Computing
Global Server Market Expected to Sustain Modest Growth in 2023: MIC
September 01, 2023

The global server market is projected to maintain a modest growth trajectory in 2023, influenced by a series of factors, according to MIC (Market Intelligence & Consulting Institute). The extension of server replacement cycles by major US-based cloud service providers, along with adjustments to data center construction plans, has impacted the market. Additionally, subdued demand from Chinese brands and cloud service providers has contributed to a growth rate lower than that of 2022. Factors such as the shipment of next-generation servers and the influence of technologies like ChatGPT are anticipated to register incremental growth in 2023. 

Established in 1987, MIC is a division of III (Institute for Information Industry), a major government think tank, and one of the leading IT research institutes in Taiwan.