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Data Center IT Equipment Market to Grow by USD 73.6 Million (2024-2028), Driven by Multi-Cloud Adoption and 5G Network Upgrades, AI’s Impact on Trends – Technavio

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NEW YORK, Jan. 21, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global data center IT equipment market size is estimated to grow by USD 73.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.44% during the forecast period. Rise in adoption of multi-cloud and network upgrades to support 5G is driving market growth, with a trend towards growing need for edge computing. However, increasing focus on data center consolidation poses a challenge. Key market players include Arista Networks Inc., China Huaxin Post and Telecom Technologies Co. Ltd., Cisco Systems Inc., CoreSite Realty Corp., CyrusOne LLC, Eaton Corp. Plc, Equinix Inc., Extreme Networks Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IEI Integration Corp., Infineon Technologies AG, International Business Machines Corp., Juniper Networks Inc., NetApp Inc., Nokia Corp., Oracle Corp., and Schneider Electric SE.

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Data Center IT Equipment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.44%

Market growth 2024-2028

USD 73.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.44

Regional analysis

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

Performing market contribution

North America at 35%

Key countries

US, China, Germany, UK, and Canada

Key companies profiled

Arista Networks Inc., China Huaxin Post and Telecom Technologies Co. Ltd., Cisco Systems Inc., CoreSite Realty Corp., CyrusOne LLC, Eaton Corp. Plc, Equinix Inc., Extreme Networks Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IEI Integration Corp., Infineon Technologies AG, International Business Machines Corp., Juniper Networks Inc., NetApp Inc., Nokia Corp., Oracle Corp., and Schneider Electric SE

Market Driver

The Data Center IT Equipment Market is witnessing significant trends in the Foodservice Disposables sector. The Plastic segment is currently dominating the market due to its affordability and convenience. However, the Household sector is increasingly shifting towards Biodegradable plates, driven by Millennial consumers’ preference for Sustainable packaging. The Coronavirus pandemic has accelerated this trend as consumers prioritize Hygiene and safety. The Fast Food Consumption, led by Takeaway food chains and Roadside vendors, is a major driver for the market. Urbanization and Westernization have also contributed to the growth of the Foodservice industry, particularly in Commercial places like Hotels and Restaurants. Product innovations in Biodegradable and Customized disposable plates cater to the changing consumer lifestyles. Manufacturing businesses in the Food Delivery industry are responding to these trends by focusing on Sustainability and Biodegradability. Industry sources suggest that Sales in the Foodservice Disposables market will continue to grow, driven by the increasing popularity of Food delivery apps and the need for Convenience. Despite these trends, there are Restraints, including the Environmental impact and Sturdiness and durability concerns. Overall, the market is expected to continue its growth trajectory, driven by Driving Factors like Changing consumer lifestyles and Environmental concerns, and Sustainable practices. 

The edge computing model, which processes IoT data near its source, gained significant traction in 2020 as the number of Internet-connected devices reached an estimated 11.7 billion. This IoT boom, initiated by the widespread use of RFID sensors in logistics and warehouses in the late 1990s, will continue to drive the global data center IT equipment market due to the increasing generation of vast data volumes. 

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 Market Challenges

The Data Center IT Equipment market faces several challenges in the Foodservice Disposables sector. The Plastic segment is under pressure due to growing concerns over its environmental impact. Household sector and takeaway food chains are shifting towards Biodegradable plates, driven by Millennial consumers’ preference for Sustainable packaging. Coronavirus has accelerated this trend due to Hygiene and safety concerns. Foodservice industry players, including Fast-food chains, small commercial eateries, events, and roadside vendors, are adopting Biodegradable and Sustainable practices. Urbanization and Westernization have increased Fast-food consumption, leading to a surge in Food packaging demand. Manufacturing businesses are innovating with Customized disposable plates, catering to various Sales channels, including Food delivery apps. Industry sources suggest that the Foodservice Delivery industry’s growth will continue to drive demand for Biodegradable plates. However, environmental impact and Sturdiness and durability remain key Restraint factors. Overall, the Foodservice Disposables market’s Driving Factors include changing consumer lifestyles, Convenience, and Sustainability concerns. Trending factors include the growing influence of Environmental concerns and Sustainable practices.Infrastructure-as-a-Service (IaaS) is a cloud computing concept where businesses utilize virtualized computing resources over the Internet. Notable IaaS providers include DigitalOcean, Linode, Rackspace, Amazon Web Services, Cisco Metapod, Microsoft Azure, and Google Compute Engine. The increasing adoption of IaaS has resulted in data center consolidation, merging multiple facilities to decrease operating costs and control emissions. Software companies, such as Box, Salesforce, Tableau, and SAP, are transitioning to common cloud platforms, reducing the need for individual data centers. This trend is expected to continue, with more companies announcing plans to use public cloud services.

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Segment Overview 

This data center it equipment market report extensively covers market segmentation by

Product 1.1 Server equipment1.2 Storage equipment1.3 Network equipment1.4 OthersEnd-user 2.1 IT and telecommunication2.2 BFSI2.3 Government and public2.4 Healthcare2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Server equipment- Data centers are essential infrastructure for businesses, housing the servers that process and store data for various applications and workloads. Servers, including rack servers, blade servers, tower servers, and modular servers, serve as the backbone of data centers. Enterprises and data center service providers aim to shift their server investments from capital expenditure (CAPEX) to operational expenditure (OPEX) for optimal utilization and cost reduction. This trend has fueled the demand for consolidation, virtualization, and containerization. The server equipment market is driven by cloud services adoption, data-intensive applications, and high-performance computing needs. Rack servers, the most common type, account for a significant market share due to their suitability for enterprises with fixed requirements. SMEs also favor rack servers for their space efficiency and scalability. The data center server infrastructure segment has grown significantly in the past five years and is expected to continue expanding through technology refresh cycles and the building of new data centers, including green, colocation, and hyperscale data centers.

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Research Analysis

The Data Center IT Equipment Market is experiencing significant growth, driven by various factors in the food industry. The plastic segment is a major contributor, with its widespread use in food packaging, particularly in the household sector and fast food consumption. However, the coronavirus pandemic has led to a shift towards biodegradable plates and other sustainable packaging solutions. Westernization and urbanization are also driving the demand for disposable plates, with takeaway food chains, roadside vendors, and foodservice delivery apps becoming increasingly popular. Millennials, with their preference for convenience and sustainability, are a key demographic. Manufacturing businesses and the food delivery industry are major sales channels, with industry sources reporting strong growth. Product innovations, such as customized disposable plates, are also gaining traction. Driving factors include environmental concerns, sustainability, hygiene, and safety, while restraints include cost and availability of biodegradable materials.

Market Research Overview

The Data Center IT Equipment Market is experiencing significant growth due to the increasing demand for sustainable and eco-friendly solutions in various industries. One such segment that is gaining traction is the use of biodegradable plates in the foodservice industry. The household sector, fast food consumption, and takeaway food chains are major contributors to the Foodservice Disposables Market. The coronavirus pandemic has further accelerated the shift towards contactless food delivery and takeout, fueling the demand for biodegradable plates. Urbanization and Westernization have led to an increase in the number of commercial places, hotels, and restaurants, driving the sales of disposable plates. The foodservice industry, including roadside vendors and events, also contributes to the market’s growth. The millennial consumers’ preference for convenience and sustainable practices, along with environmental concerns, are key driving factors. Product innovations, such as biodegradable and customized disposable plates, are trending in the market. However, the environmental impact and sturdiness and durability of biodegradable plates are restraint factors. The food delivery industry, including food delivery apps, is also a significant contributor to the market’s growth. Industry sources suggest that the market is expected to continue its upward trajectory due to the changing consumer lifestyles and the growing importance of sustainability. Manufacturing businesses are investing in research and development to create more sustainable and eco-friendly solutions for the foodservice industry.

Table of Contents:

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

ProductServer EquipmentStorage EquipmentNetwork EquipmentOthersEnd-userIT And TelecommunicationBFSIGovernment And PublicHealthcareOthersGeographyNorth 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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SOURCE Technavio

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BOE continues to launch new products and solutions in the field of high-end displays

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LOS ANGELES, May 9, 2026 /PRNewswire/ — 

1、Redefine Visual Experience with Scientific Standards! BOE Releases Core Research Findings on OLED Display Clarity-Legibility Index, Paving the Way for the Industry’s First Transparent Pro Standard to Deliver Supreme Visual Experience

With the rapid popularization of OLED display technology, basic screen indicators including resolution, color gamut and brightness keep improving. Meanwhile, display transparency — a core experience metric that determines visual comfort , image authenticity and premium visual quality — has drawn growing attention across the industry.

Recently, BOE has empowered the launch of the industry’s first flagship high-transparency OLED display panel, setting an industry-leading benchmark in four key dimensions: color, depth , clarity and dynamic range. It ushers high-end display into a new era, shifting from purely numerical technical specifications to ultimate user-centric visual experience.

In addition, BOE officially unveiled its in-depth research achievements on OLED display transparency. It has identified the core underlying factors affecting visual transparency through scientific research, pioneered the industry’s first display transparency index formula, and facilitated the release of the first authoritative evaluation standard for OLED display transparency. This marks an industry’s transformation from specs-oriented to experience-driven development. This marks a full-process breakthrough covering underlying technical analysis, scientifically guided image quality development and mass production application.

At present, the group standard 《Standard of Associations Organic light emitting diode display —Evaluation method for display clarity》, led and formulated by BOE based on relevant research outcomes, has been officially issued. As the world’s first dedicated evaluation standard focusing on OLED display transparency, it fills the long-standing industry gap in correlating subjective visual perception with objective image quality parameters.

Leveraging this standard and transparency research results, BOE has assisted partners in developing the industry’s first flagship high-transparency OLED screen. The company has built a comprehensive technical system for OLED visual transparency. Supported by cutting-edge technologies such as tandem, LTPO and high-precision Demura crosstalk optimization algorithms, BOE and its partners have carried out full-link optimization from display panels to end devices.

Going forward, BOE will continue to deepen research on display human factors engineering and visual experience. Through technological innovation and standard leadership, it will bring more ultimate, high-transparency premium display experiences to users worldwide.

2、BOE Beneficial “Natural” Light Technology (BNL): Solving Visual Health Pain Points and Leading the Display Industry Trend

In an era of ubiquitous displays, users are spending increasingly longer hours on screens. Nevertheless, the luminous properties of conventional displays poorly align with the human visual system, sparking widespread consumer concerns over visual health. To address such challenges, BOE draws inspiration from natural light. By deeply analyzing natural light and extracting beneficial features highly consistent with health and comfort, BOE established the Beneficial “Natural” Light Technology (BNL) architecture. Evolving from single technical upgrades to a systematic solution, BNL replicates the merits of natural light across four core dimensions: Depolarization Adjustment, Spectrum Optimization, Light Profile Optimization and Time-varying Adaptation, advancing display technology toward healthy viewing.

BNL & Visual Health

Depolarization Adjustment: The linearly polarized light of traditional displays causes targeted stimulation to retinal lutein, resulting in dry eyes, eyelid redness and other discomforts. Based on the mainstream Circular Polarization (QWP) solution, BOE BNL has developed a series of technologies like BSF/RDF Random Depolarization technology and un-Polarization,which convert linearly polarized light into randomly polarized light, enabling balanced lutein utilization across the entire visual field, and deliver natural-light-level eye protection.

Spectrum Optimization: Conventional narrow-band RGB spectra feature poor continuity and imbalanced energy distribution, with excessive high-energy blue light that induces eye strain and increases risks of macular damage. Beyond Low Blue Light solutions, BOE BNL has developed Natural-like Spectrum, Beneficial Red Light, Infrared Light and Circadian Rhythm technologies. Multiple clinical studies have verified that Beneficial Red Light and Infrared Light can effectively inhibit axial elongation and accelerate eye microcirculation.  BOE takes the lead in integrating such optics into displays,achieving a spectral distribution matching degree of over 60%, an energy ratio of Beneficial Red Light (650–670 nm) exceeding 50%, and independent on/off switching and energy adjustment of Infrared Light. Meanwhile, Circadian Rhythm technology regulates melatonin secretion to safeguard sleep quality. Shifting from passive harm reduction to active eye benefits, BOE BNL delivers all-round visual health protection.

Light Profile Optimization: Conventional screens are prone to surface reflection and glare, which interfere with visual recognition and cause cumulative eye fatigue. Powered by industry-leading Anti-Glare, Low Reflection and Wide Viewing Angle technologies, BOE BNL accurately simulates the diffuse reflection of natural light to deliver consistent visual comfort across diverse viewing angles. For instance, BOE UB Cell technology achieves a DGR value below 5 with negligible glare and reflection, ensuring sustained visual comfort.

Time-varying Adaptation: Conventional displays tend to produce low-frequency flicker and fixed brightness and color temperature that fail to adapt to ambient changes, forcing frequent eye muscle adjustments and leading to discomfort. By adopting Flicker Free and Light Self-adaptive technologies, BOE BNL delivers stable, ultra-smooth visuals that replicate the comfort of natural light.

SID 2026: BOE Launches New BNL Display Products

At SID Display Week 2026, BOE launched new BNL health display products. The highlight product is the industry’s first 13.8-inch BNL health display tablet. It integrates all four core dimensions,supported by 7 core BNL technologies, to deliver a healthy and comfortable visual experience.

As a global leader in the display industry, BOE has led the development and officially issued the world’s first “Natural Light” display standard via the Zhongguancun Standardization Association,and has jointly issued the White Paper on Natural Light Display Technologies (Engineering Considerations, Application Value and Challenges) with TÜV Rheinland to drive standardized and high-quality industrial development. In the future, BOE will continue to iterate on technologies, diversify product forms and application scenarios, advance the grading standards for Beneficial “Natural” Light displays, and protect users’ visual health.

View original content to download multimedia:https://www.prnewswire.com/news-releases/boe-continues-to-launch-new-products-and-solutions-in-the-field-of-high-end-displays-302767491.html

SOURCE BOE Technology Group Co., Ltd.

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BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT

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LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.

While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.

According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.

This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.

BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.

The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.

The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.

View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html

SOURCE BitradeX Capital

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South and East Asia identified as hotspots of global warming related impacts on male fertility

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BEIJING, May 9, 2026 /PRNewswire/ — A major new study has shown that South and East Asia dominate patterns of global warming related decline in male fertility with the strongest and most consistent evidence coming from India, Pakistan and the southern parts of China.

The effects of increased environmental temperatures on male reproductive health include declining sperm concentration and motility and increased sperm DNA fragmentation, or genetic damage that can hinder fertilisation and embryo development.

Male related factors account for around 50 per cent of infertility cases around the world and the impact of rising ambient heat on semen parameters raises serious implications across wide areas of Asia where total fertility rates are in serious decline.

Outcomes of the study undertaken by the Taiwan IVF Group and Ton Yen General Hospital, Taiwan (China) in collaboration with Stanford University (USA) are being presented at the 2026 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Beijing.

Research principal and Adjunct Clinical Assistant Professor at Stanford University, Dr Jack Yu Jen Huang, MD, PhD, FACOG said: “Given the temperature sensitivity of spermatogenesis, even modest increases in ambient temperature could have cumulative, population-level effects over time.

“As global warming accelerates, male reproductive health may represent an emerging climate sensitive public health concern.”

The testes function optimally at temperatures lower than the internal body heat level, and previous studies have shown elevated scrotal or ambient temperatures can impair sperm production.

The latest research explored global patterns to reveal comparative data across regions. It is based on a systematic review of international studies on temperature exposure and semen parameter trends between 2000 and 2024. Artificial intelligence algorithms and machine learning tools were applied to extract key variables including geographic regions and semen outcomes.

Dr Huang said studies examining occupational heat exposure alone were excluded from the analysis as they reflected localised, job-specific conditions rather than broader climatic trends.

“Our findings therefore represent population level climate associated temperature effects including consistent seasonal variations showing poor semen quality parameters in warmer periods.”

The global patterns on temperature associated lower sperm concentration and motility show South and East Asia as major hot spots of concern followed by the Middle East, Europe and North America.

“South and East Asia are likely more affected due to a combination of factors including higher baseline ambient temperatures and rapid urbanisation that contribute to greater cumulative heat stress on spermatogenesis,” Dr Huang explained.

“With ongoing global warming, chronic heat exposure may increasingly impact male reproductive health.”

Dr Huang said potential approaches to address the issue include:

increasing public awareness of heat exposure and reproductive health;encouraging protective behaviours;expanding research integrating climate and reproductive health data; andexploring clinical and lifestyle interventions to mitigate heat-related effects.

The research team was assisted by research intern Jeffrey Zi Kang Huang from Taipei American School, particularly in the application of artificial intelligence in biomedical research including AI-assisted data analysis and pattern recognition across global datasets.

“Further longitudinal and mechanistic studies will be important to better define causality and guide interventions,” he added.

The ASPIRE Congress is being held at the China National Convention Centre in Beijing. More than 3,000 scientists, clinicians, nurses and counsellors in assisted reproduction from around the world are attending the Congress.

For further information, go to https://www.aspire2026.com

 

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SOURCE ASPIRE

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