Profit Sheets

India’s server market grew 6.4% YoY to reach $289.5 mn revenue in Q2 2021

September 30, 2021 08:16 PM

India's server market grew 6.4% YoY to reach $289.5 mn revenue in Q2 2021
The non-x86 server market decreased YoY by 28.8% to reach $27.9 million in terms of revenue in Q2 2021 from $39.1 million in Q2 2020.

The overall server market in India witnessed a year-on-year (YoY) growth of 6.4% to touch $289.5 million in revenue in Q2 2021 (April-June) as against $272.0 million in Q2 2020, according to the latest IDC Worldwide Quarterly Server Tracker.

The x86 server market contributed to 90.4% of the revenue, which is 4.8 percentage points higher than the same quarter last year, as per the Q2 2021 tracker (September 2021 release).

The highest contribution in the x86 market mainly came from professional services, telecommunications, discrete manufacturing, and banking verticals.

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“The professional services vertical spending was led by investments from fintech, cloud service providers (CSPs), telecom players, and IT/ITeS companies,” according to the report.

In addition, increasing focus on digitalisation and modernisation has led to higher investments from banking and discrete manufacturing as well, Oracle came at second position followed by Hewlett Packard Enterprise (HPE), with a revenue share of 18.4% and 4.5%, respectively it added.

The x86 server market increased YoY by 12.3% in terms of revenue to reach $261.6 million in Q2 2021 from $232.9 million in Q2 2020. During 2021Q2, verticals such as insurance, media and resource industries witnessed the highest YoY growth in terms of revenue.

The non-x86 server market decreased YoY by 28.8% to reach $27.9 million in terms of revenue in Q2 2021 from $39.1 million in Q2 2020. IBM continues to dominate the market with 41.1% of revenue share, during 2021Q2 with a revenue of $11.5 million.

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