AI Server Market Growth 2024: GPU-Powered Systems Lead 91% YoY Surge

AI and hyperscale demand drove record server market growth in 2024, with revenue surging 91% YoY to $77.3B, led by GPU-powered systems.

The International Data Corporation (IDC) has released its latest Worldwide Quarterly Server Tracker, highlighting strong growth in the global server market. According to the report, the market saw significant gains in the fourth quarter of 2024, with total revenue reaching $77.3 billion — a 91% increase from the same period in 2023, making it the second-highest growth rate since 2019.