- Global server revenues in Q2 2024 reached $45,422 million, up 35% from last year driven by strong demand for AI servers.
- Dell, Supermicro and HPE are the Big 3 OEMs of the AI server market. But “ODM direct” sales dominate as Microsoft, Amazon, Google and Meta continue to have their servers custom-made.
- The AI server market is expected to continue to see growth and expansion in the coming quarters.
Seoul, Beijing, Buenos Aires, Hong Kong, London, New Delhi, San Diego, Taipei, Tokyo – October 15, 2024
Following the introduction of ChatGPT in 2022, the server market has grown rapidly driven by the increasing demand for AI servers to cater to the GenAI boom. As a result, global server revenues reached $45,422 million in Q2 2024, up 35% from last year. AI servers accounted for almost 30% of the overall server market in Q2 2024, compared to just about 17% in Q1 2023, according to Counterpoint Research’s latest ‘Global AI Server Market’ report.
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AI , Software & Services
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Author
Jeongku Choi
Jeongku Choi is a Research Analyst at Counterpoint Research based in Seoul, Korea. As an engineer in LG Electronics, she was responsible for commercializing the latest technologies for new products in mobile and automotive. Also analyzing and strategizing the latest Android technology was one of her roles. Her interests are mobile, mobility, AI, and emerging technologies.
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