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.
According to IDC, vendor revenue in the worldwide server market increased 43.7%, year over year to $22.5 billion during the second quarter of 2018 (2Q18). Worldwide server shipments increased 20.5% year over year to 2.9 million units in 2Q18.
The overall server market continues to experience historic demand with 2Q18 marking the fourth consecutive quarter of double digit revenue growth and its highest total revenue ever. Volume server revenue increased by 42.7% to $18.4 billion, while midrange server revenue grew 63.0% to $2.5 billion. High-end systems grew 30.4% to $1.7 billion.
Dell Inc. achieved the number one position in the worldwide server market for the first time in 2Q18 with 18.8% revenue share and 52.9% growth. HPE/New H3C Group was the second largest supplier with 16.6% share of total vendor revenue, growing 11.7%. IBM and Lenovo were statistically tied for third position in the market with respective shares of 7.3% and 6.9%.
Inspur, Cisco, and Huawei rounded out the top five, all statistically tied with 4.8%, 4.8%, and 4.3% respective shares of vendor revenue. The ODM Direct group of vendors increased its collective revenue by 55.9% (year over year) to $5.5 billion. Dell led the worldwide server market in terms of unit shipments, accounting for 19.5% of all units shipped during the quarter.
Top 5 Revenue, Share, and Growth, 2Q18 (Revenues in US$ Millions) | |||||
Company | 2Q18 Revenue | 2Q18 Share | 2Q17 Revenue | 2Q17 Share | 2Q18/2Q17 Growth |
1. Dell | $4,246.1 | 18.8% | $2,776.2 | 17.7% | 52.9% |
2. HPE/New H3C Group | $3,740.8 | 16.6% | $3,348.5 | 21.4% | 11.7% |
3. IBM | $1,637.5 | 7.3% | $1,042.7 | 6.6% | 57.0% |
3. Lenovo | $1,549.1 | 6.9% | $834.1 | 5.3% | 85.7% |
5. Inspur | $1,087.9 | 4.8% | $512.3 | 3.3% | 112.3% |
5. Cisco | $1,070.9 | 4.8% | $874.9 | 5.6% | 22.4% |
5. Huawei | $966.8 | 4.3% | $545.8 | 3.5% | 77.1% |
ODM Direct | $5,488.2 | 24.4% | $3,520.9 | 22.5% | 55.9% |
Others | $2,741.5 | 12.2% | $2,227.1 | 14.2% | 23.1% |
Total | $22,528.7 | 100% | $15,682.5 | 100% | 43.7% |
Top 5 Shipments, Share, and Growth, 2Q18 (Shipments in thousands) | |||||
Company | 2Q18 Shipments | 2Q18 Share | 2Q17 Shipments | 2Q17 Share | 2Q18/2Q17 Growth |
1. Dell | 574.6 | 19.5% | 492.7 | 20.2% | 16.6% |
2. HPE/New H3C Group | 443.7 | 15.1% | 506.8 | 20.7% | -12.4% |
3.Lenovo | 224.1 | 7.6% | 145.7 | 6.0% | 53.9% |
3. Inspur | 203.2 | 6.9% | 119.7 | 4.9% | 69.8% |
5. Huawei | 187.4 | 6.4% | 133.9 | 5.5% | 39.9% |
5. Super Micro | 175.1 | 5.9% | 136.0 | 5.6% | 28.8% |
ODM Direct | 732.6 | 24.9% | 527.1 | 21.6% | 39.0% |
Others | 403.0 | 13.7% | 380.6 | 15.6% | 5.9% |
Total | 2,943.8 | 100% | 2,442.4 | 100% | 20.5% |
On a geographic basis, Asia/Pacific (excluding Japan) was the fastest growing region in 2Q18 with 55.0% year-over-year revenue growth. The United States grew 48.1%, Latin America grew 47.4%, Europe, the Middle East and Africa (EMEA) grew 28.9%, Canada grew 19.9%, and Japan grew 16.5%. China grew 69.7%. Demand for x86 servers increased 44.1% in 2Q18 with $20.5 billion in revenues. Non-x86 servers grew 39.8% year over year to $2.1 billion.
Više vijesti iz kategorije
PC Market Returns to Growth in 1Q24
Global PC shipments grew around 3% YoY in 1Q24 after eight consecutive quarters of declines due to demand slowdown and inventory correction, according to Counterpoint Research.
Worldwide IT Spending to Grow Eight Percent in 2024
Worldwide IT spending is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner.
