|
Accelerated Servers Propelled Data Center Capex to 46 Percent Growth in 2Q 2024, According to Dell'Oro Group
Saturday, September 28, 2024
General-Purpose Server and Storage Recovery Underway
REDWOOD CITY, Calif., Sept. 24, 2024 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, accelerated servers proposed worldwide data center capex to 46 percent growth in 2Q 2024. Furthermore, the recovery of the general-purpose Server and Storage System markets appears to be underway, with most of the major OEMs experiencing revenue and unit growth year-to-date.
"The recent surge in data center spending has been fueled by shipments of accelerated servers for generative AI applications, which experienced four consecutive quarters of triple-digit Y/Y revenue growth," said Baron Fung, Sr. Research Director at Dell'Oro Group. "Servers equipped with NVIDIA Hopper GPUs and custom accelerators, such as Google TPU and Amazon Trainium, saw increased deployment among hyperscale cloud service providers. Strong demand also came from enterprises and Tier 2 cloud service providers. Meanwhile, despite ongoing economic uncertainties, the general-purpose servers market is gradually recovering, as a refresh to the fourth- and fifth-generation CPU platforms is overdue," explained Fung.
Additional highlights from the 2Q 2024 Data Center IT Capex Quarterly Report:
-- Worldwide data center capex is forecast for 35 percent growth in 2024,
with accelerated servers contributing to most of the growth.
-- Dell led all OEMs in server revenue in 2Q 2024, followed by HPE and
Supermicro. Accelerated servers accounted for an estimated 41 percent of
the OEM server revenues during the quarter. White-box server vendors
commanded more than a 50 percent revenue share, capitalizing on the
hyperscale capex growth cycle.
-- Double-digit data center capex growth is projected through 2025, driven
by new deployments of NVIDIA Blackwell and custom accelerator platforms
to the hyperscale and rest of the market
About the Report
Dell'Oro Group's Data Center IT Capex Quarterly Report details the data center infrastructure capital expenditures of each of the ten largest Cloud service providers, as well as the Rest-of-Cloud, Telco, and Enterprise customer segments. Allocation of the data center infrastructure capex for general-purpose and accelerated servers, storage systems, and other auxiliary data center equipment is provided. The report also discusses market trends, drivers of the leading Cloud service providers' capex growth during the quarter, and the outlook for the next year. To purchase this report, please contact us at dgsales@delloro.com.
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks infrastructure, and data center markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/accelerated-servers-propelled-data-center-capex-to-46-percent-growth-in-2q-2024-according-to-delloro-group-302257453.html
SOURCE Dell'Oro Group
|
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
Fresco Raises EUR15m Series C to Power the Future of AI-Driven Cooking and the Connected Kitchen Ecosystem | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
Ekinops New C700HC Chassis Efficiently Connects the Data Center and the Central Office | Jan 22, 2026
|
|
|
|
