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Server Market to grow by USD 41.95 Billion (2025-2029), fueled by rising edge computing needs, report on how AI is driving market transformation – Technavio

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NEW YORK, Jan. 28, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global server market size is estimated to grow by USD 41.95 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  7.6%  during the forecast period. Growing need for edge computing is driving market growth, with a trend towards using ai for server workload optimization. However, cyber security challenges  poses a challenge. Key market players include Amazon.com Inc., ASUSTeK Computer Inc., Bloom Energy Corp., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Inspur Group., Intel Corp., International Business Machines Corp., Lenovo Group Ltd., NEC Corp., NVIDIA Corp., Oracle Corp, Quanta Computer Inc., SAP SE, SMART Global Holdings Inc., and Super Micro Computer Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Server Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 7.6%

Market growth 2025-2029

USD 41.95 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.0

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Germany, France, Canada, India, Japan, South Korea, UK, and Italy

Key companies profiled

Amazon.com Inc., ASUSTeK Computer Inc., Bloom Energy Corp., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Inspur Group., Intel Corp., International Business Machines Corp., Lenovo Group Ltd., NEC Corp., NVIDIA Corp., Oracle Corp, Quanta Computer Inc., SAP SE, SMART Global Holdings Inc., and Super Micro Computer Inc.

Market Driver

The Server Market is experiencing significant growth, driven by trends in Data Centers, Cloud Service Providers, IT and Telecom, Healthcare, E-commerce, and the Work-from-Home model. Server sales are surging for Web, File, Network, Database, Dedicated, and Cloud servers. Hyperscalers lead the market, with GPU server shipments increasing. Digital transformation is a key driver, with macro-economic factors like inflation, economic activity, and supply chain disruptions impacting spending growth. Emerging technologies like AI, IoT, 5G, Edge Computing, and Big Data are fueling demand for server infrastructure initiatives from IT hardware manufacturers. Virtualization and Cloud Computing are also major trends. The market sizes are forecasted using techniques like Exponential Trend Smoothing and the S-curve function. Server designs focus on energy efficiency and sustainability. IT industry investment in CPU platforms, Storage Solutions, and Processors continues, with Unit Demand and Spending Growth expected to remain strong. Country-specific associations and National Statistical Offices provide key market indicators. Modernization, Cloud Deployments, and Edge Deployments are mission-critical investments. Macroenvironment factors, workload choices, and CPU platforms are also influencing the market. Excess inventory, Energy Prices, and Transportation Costs are challenges to consider. 

Server workload optimization is a critical aspect of data center management, and Artificial Intelligence (AI) plays a significant role in enhancing efficiency and performance. Vendors are developing advanced servers to handle AI workloads, while AI technology is being used to address complex infrastructure challenges, such as energy consumption and security. Traditional methods of improving server efficiency through human intervention may not be sufficient due to the dynamic nature of data center resource demands. Data centers are therefore focusing on automation in computing resource allocation and power usage efficiency to meet the evolving needs of their clients. AI algorithms and machine learning techniques enable optimal resource utilization, ensuring maximum performance and cost savings. 

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 Market Challenges

The Server Market is experiencing significant growth, driven by various sectors including data centers, cloud service providers, IT and telecom, healthcare, and e-commerce. Challenges such as the work-from-home model, digital payments, and emerging technologies like cloud servers, virtualization, big data, cloud computing, 5G, edge data centers, AI, and IoT, are driving the demand for server sales. IT infrastructure initiatives from IT hardware manufacturers are also contributing to the market size. Key market indicators show unit demand and spending growth in server shipments. Hyperscalers, GPU server shipments, and CPU platforms are also major factors. However, macro-economic factors like inflation, economic activity, supply chain disruption, geopolitical conflict, and energy prices pose challenges. Digital transformation in industries like e-commerce, online services, and IT industry is leading to increased investment in IT infrastructure. Market sizes for server designs, processors, storage solutions, and server types like web servers, file servers, network servers, database servers, and dedicated servers are forecasted to grow. Country-specific associations and national statistical offices provide insights into the level of digitization and forecasting techniques like exponential trend smoothing and S-curve function. Modernization of IT infrastructure, cloud deployments, and edge deployments are essential for mission-critical investments. Energy-efficient and sustainable systems are becoming increasingly important in the macroenvironment.Enterprises in sectors like Banking, Financial Services and Insurance (BFSI) and healthcare face growing challenges in safeguarding their confidential data. Cyberattacks have become more frequent, putting sensitive information, including financial transaction details and customer personal data, at risk. Regulatory bodies, such as the General Data Protection Regulation (GDPR) in the EU, demand data protection measures. Neglecting security could lead to data breaches. Enterprises must implement security solutions like data encryption, firewalls, web application firewalls, intrusion detection systems (IDS), and deep packet inspection (DPI) to mitigate risks.

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Segment Overview 

This server market report extensively covers market segmentation by  

Product 1.1 Rack1.2 Blade1.3 Micro1.4 Open compute project1.5 TowerEnd-user 2.1 IT and telecom2.2 BFSI2.3 Government and defense2.4 Healthcare2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Rack-  Rack servers are essential components of data centers, providing the computational power required for running applications, processing data, managing databases, hosting websites, handling virtualization, and executing various workloads. These servers, housed in server racks, offer convenience for system administrators and technicians through easy installation, diagnosis, and part replacement, reducing downtime. Rack servers are popular in enterprises with fixed business requirements and among SMEs due to their space efficiency. The global server market has seen substantial growth in the past five years, driven by digital transformation initiatives and the need for powerful computing resources for modern applications, big data analytics, AI machine learning, and IoT deployments. As a result, the demand for rack servers is anticipated to continue growing steadily during the forecast period.

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Research Analysis

The Server Market is experiencing significant growth worldwide as businesses continue to prioritize digital transformation. Data centers and cloud service providers are major consumers of servers, with IT and telecom industries also contributing. The work-from-home model and e-commerce websites have accelerated server demand, leading to increased spending growth. Cloud servers, including GPUs, are in high demand due to the rise of online services and digital payments. Edge computing is also gaining traction, requiring smaller, more distributed servers. Market sizes for server sales are projected to reach new heights, driven by macro-economic factors such as e-commerce and online services. Processors and storage solutions are key components of servers, with hyperscalers leading the way in unit demand. However, the pandemic, inflation, and economic activity fluctuations, as well as supply chain disruptions, pose challenges to the market’s growth trajectory.

Market Research Overview

The Server Market is a dynamic and evolving sector driven by the increasing demand for IT infrastructure to support data centers, cloud service providers, IT and telecom, healthcare, e-commerce websites, digital payments, and other online services. The market is witnessing exponential growth due to the work-from-home model and the digital transformation of various industries. Cloud servers, virtualization, emerging technologies like AI, IoT, and 5G, and edge computing are key drivers. IT infrastructure initiatives, server designs, and IT hardware manufacturers are investing in new technologies and innovations to meet the growing demand for server shipments. Market sizes are forecasted using techniques such as Exponential trend smoothing and the S-curve function. Macro-economic factors like inflation, economic activity, supply chain disruption, geopolitical conflict, and energy prices also impact the Server Market. Key market indicators include unit demand, spending growth, GPU server shipments, and CPU platforms. National statistical offices and country-specific associations provide valuable data on the level of digitization and IT industry investment. Workload choices, excess inventory, energy prices, and transportation costs are also important considerations for hyperscalers and other server buyers. Modernization, cloud deployments, and edge deployments are essential for mission-critical investments.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductRackBladeMicroOpen Compute ProjectTowerEnd-userIT And TelecomBFSIGovernment And DefenseHealthcareOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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BCE reports results of Series S and T preferred share conversions

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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