Embedded Finance Market to Surpass $228 Billion by 2028
A new study from Juniper Research has found that by 2028, embedded finance revenue will increase 148%, from $92 billion in 2024 to $228 billion in 2028.
IDC found that in the first quarter of 2018, the EMEA server market reported a year-on-year (YoY) increase in vendor revenues of 35.0% to $3.9 billion and a YoY increase of 2.0% in units shipped to 542,000. In euros, 1Q18 EMEA server revenues increased by 17.0% YoY to €3.1 billion. Exchange rate fluctuations impacted the strong dollar revenues recorded over the quarter, due to a higher euro/dollar value compared with 1Q17.
Top 5 EMEA Vendor Revenues ($M)
Vendor | 1Q17 Revenue | 1Q17 Share | 1Q18 Revenue | 1Q18 Share | 1Q17/1Q18 Growth |
HPE | 907.0 | 31.7% | 1,242.2 | 32.1% | 37.0% |
Dell EMC | 564.4 | 19.7% | 886.6 | 22.9% | 57.0% |
ODM Direct | 373.7 | 13.0% | 378.3 | 9.8% | 1.4% |
Lenovo | 183.4 | 6.4% | 312.5 | 8.1% | 70.4% |
Cisco | 198.5 | 6.9% | 278.9 | 7.2% | 40.5% |
Others | 636.5 | 22.2% | 766.8 | 19.8% | 20.5% |
Total | 2,864.0 | 100.0% | 3,865.7 | 100.0% | 35.0% |
At a product level, standard rack optimized, as the largest revenue generator, grew 45.2% YoY pushed by large deals in the U.K. and the Netherlands. Standard multinode shipments grew at a significant 251.4% YoY rate, driven largely by the U.K., Germany and the Netherlands. Another standout contributor to quarterly growth in EMEA were custom multinode units, which grew 107.3% YoY in terms of revenues.
In comparison to OEM vendors, original design manufacturers (ODMs) growth rates were significantly lower over 1Q18. The 1.4% YoY increase was primarily due to a drop in ODM hyperscale datacenter deals in Ireland, Finland, and Russia. ODM growth is expected to accelerate in late 2018 and 2019 with new cycles of datacenter launches for Apple, AWS, and Google.