High Availability Server Market – Centralized Backup and Disaster Recovery Feature Drive Uptake
Some of the key players operating in the global high availability server market are
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As per a report by
Depending upon the service sector, the global market for high availability server can be classified into banking, financial service and insurance (BFSI), IT and telecommunication, retail, medical and healthcare, government, and manufacturing. Among them, the BFSI segment accounts for maximum share in the market as it needs continued storage and access to massive amounts of confidential data. A high availability server enables them to do just that with its secured pool storage. The BFSI segment accounted for 19% share in the market in 2016.
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From a geographical standpoint,
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A number of factors are responsible for driving the global market for high availability servers. At the forefront of them is the ever-rising demand from the banking and financial institutions that need to store large amounts of data and access them too continuously and securely. "The demand for highly available and fault tolerant server infrastructure is growing across all end-use industries. Moreover, growth in data center equipment market has widened the scope of the market. This is specifically due to centralized backup and disaster recovery features needed for data centers that are best supported by high availability servers. Technological enhancements and need for security management high availability server has further led to development of high availability servers that have the capability to provide systems with 99.999% (five nines) availability solutions," explains the lead analyst of the report.
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