Data Center Blade Server Market Report 2024-2029: Global Market Forecast to Grow to US$31.7 billion in 2029, Registering 9.9% Compound Annual Growth Rate [Yahoo! Finance]
Cisco Systems, Inc. (CSCO)
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Source: Yahoo! Finance
The global data center blade server market is projected to grow at a CAGR of 9.9% during the forecast period, reaching a total market size of US$31.7 billion in 2029 from US$16.37 billion in 2022. The demand for data centre blade servers is increasing due to the growing focus on low power consumption and high productivity in the existing infrastructure. The data centre blade server market growth is driving because of less usage of physical space and energy, providing more processing power in less space which further deducts the primary expenses for the enterprise. The installation of the data centre blade server even reduces secondary costs like hardware cabling costs, facility charges, and the personnel hours required to configure and manage systems. The rise in demand for data centre blade servers is also attributed to the fact that they are a great substitute for traditional racks and tower servers that occupy a large surface area and consume a huge amount of power. The increa
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CSCO
Earnings
- 2/14/24 - Beat
CSCO
Sec Filings
- 4/5/24 - Form 13F-HR
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- CSCO's page on the SEC website