Report : South & Central America Rugged Servers Market Forecast to 2030 - Regional Analysis - by Type (Universal and Dedicated) and End user (Aerospace, Oil & Gas, Manufacturing, Telecommunication, Mining, Energy, Logistics, Construction, and Others)
At 3.3% CAGR, South & Central America Rugged Servers Market is Projected to be Worth US$ 21.10 Million by 2030, says Business Market Insights
According to Business Market Insights' research, the South & Central America rugged servers market was valued at US$ 16.30 million in 2022 and is expected to reach US$ 21.10 million by 2030, registering a CAGR of 3.3% from 2022 to 2030. Growth of oil & gas and mining sectors and significant demand from defense forces are among the critical factors attributed to drive the South & Central America rugged servers market.
The adoption of advanced technologies continues to prevail, with increasing attraction toward sophisticated and rugged data centers and servers. As oil & gas and mining sectors encounter harsh environments, which degrade the quality of traditional data centers and servers, the demand for rugged data centers and servers is increasing, fueling market growth. As modern technologies are becoming more connected and reliable, and with the evolution of the Internet of Things (IoT), companies in the oil & gas sector are seeking deployment of solutions beyond data centers, such as cloud-based servers, which are allowing them to gain productivity. This has raised the demand for ruggedized servers among companies in the oil & gas sector because of their smooth operability under harsh environmental conditions. Hence, the continuous growth in the oil & gas and mining sectors and the growing adoption of advanced technology in the above sectors to secure data are boosting the growth of the South & Central America rugged servers market. Various manufacturers are developing rugged servers for the oil & mining industry, combining operational and information technology. In January 2022, Cisco Systems, Inc. launched a new ruggedized Catalyst switch for industrial edge uses at utilities, railways, oil and gas facilities, and highway traffic flow and safety operations deployment. The new rack-mountable Catalyst Industrial Ethernet 9300 switch was built on Cisco's Catalyst 9000 series switches and used in multiple applications, including smart buildings and other industries. Such product development propels the adoption of rugged server technology in the oil & gas and mining industry.
On the contrary, higher adoption of consumer-grade servers in general manufacturing industries hamper the growth of South & Central America rugged servers market.
Based on type, the South & Central America rugged servers market is bifurcated into universal and dedicated. The dedicated segment held 62.3% market share in 2022, amassing US$ 10.15 million. It is projected to garner US$ 13.65 million by 2030 to register 3.8% CAGR during 2022-2030.
In terms of end user, the South & Central America rugged servers market is categorized into aerospace, oil & gas, manufacturing, telecommunication, mining, energy, logistics, construction, and others. The aerospace segment held 21.8% share of South & Central America rugged servers market in 2022, amassing US$ 3.55 million. It is anticipated to garner US$ 5.08 million by 2030 to expand at 4.6% CAGR during 2022-2030.
By country, the South & Central America rugged servers market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 54.4% share of South & Central America rugged servers market in 2022. It was assessed at US$ 8.87 million in 2022 and is likely to hit US$ 11.95 million by 2030, registering a CAGR of 3.8% during 2022-2030.
Key players operating in the South & Central America rugged servers market are Dell Inc, ZMicro Inc, Cisco Systems Inc, and Lenovo Group Ltd, among others.
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