인공지능(AI) 서버 시장 보고서 : 동향, 예측 및 경쟁 분석(-2035년)

Artificial Intelligence Server Market

The future of the global artificial intelligence server market looks promising with opportunities in the internet, telecommunication, healthcare, and government markets. The global artificial intelligence server market is expected to reach an estimated $121 billion by 2035 from $35 billion in 2027 with a CAGR of 16.4% from 2027 to 2035. The major drivers for this market are the increasing demand for AI computing power, the rising adoption of cloud based AI servers, and the growing investments in enterprise AI solutions.

• Lucintel forecasts that, within the type category, AI training servers is expected to witness higher growth over the forecast period due to increasing demands for training large AI models.
• Within the application category, healthcare is expected to witness the highest growth over the forecast period due to use of AI in medical diagnostics and research.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to growing investments in data centers and increasing AI adoption.

Emerging Trends in Artificial Intelligence Server Market

Transitioning away from accelerator-driven expansion, the AI server market is integrating its architecture and becoming energy-efficient. From 2025 to 2027, hyperscaler spending, inference at the enterprise level, and government-led AI projects will expand demand beyond training clusters. According to Lucintel, Compute density and energy costs will drive adoption of liquid cooling, custom silicon, and modular offerings.

• Diversification of Accelerators: NVIDIA's Blackwell systems, AMD's MI350, and Google's TPU roadmap for 2025-2026 will give buyers more architectural options. Systems combining GPUs, ASICs, and high-bandwidth memory will dominate the market as customers purchase to gain more performance per dollar in the coming years.
• Liquid Cooling: New AI racks exceed 100kW. In 2025, most trading data center operators introduced direct chip-level cooling, signaling a structural move away from air cooling for dense deployments. Cooling design will impact server selection, retrofits of data center facilities, operating costs, and available capacity in a rack through 2030.
• Edge Inference: In 2025-2027, customers in telecommunications, health care, finance, and manufacturing will move inference closer to the edge. This will lead to local execution of workloads using compact edge servers. This trend will help accommodate demand beyond the traditional hyperscale campuses and support distributed purchasing of servers.
• Sovereign A.I. Infrastructure: In 2025, government-backed activities across Europe, the Middle East, and Asia began to accelerate. National programs dedicated to thousands of accelerators began to formulate. Data-residency laws and the principle of strategic autonomy will make investments in servers within the region more attractive. This will encourage the local integration of servers, contracted capacity, and cloud service providers where cloud services are governed domestically.
• Modular Rack-scale Systems: The design of AI servers is moving toward pre-engineered rack systems for integrations of compute, networking, power delivery, and cooling. In 2025, deployments are starting to specify rack level performance over standalone servers. Standardized modules will decrease the installation time and improve capital use for operators. Software availability and deployment speed will begin to optimize purchasing decisions and be considered along with accelerator performance.

While the demand for high performance computing systems will remain strong, the economics of computing supply chains will become more challenging. Buyers will consider the total cost of ownership in purchasing decisions along with the availability of power, software, and flexibility of deploying systems at a competitive pace. High performance systems which employ an efficient rack-scale architecture, reliable services, and flexible design will increase their market share while inference and computing capacity are constrained through 2027.

Recent Developments in the Artificial Intelligence Server Market

Activities relating to artificial intelligence servers demonstrate an expansion in market activity in the period running from 2025-2027, primarily due to hyperscalers with accelerated adoption of computing, enterprises building capacity, and suppliers with a swift shift to liquid-cooled, rack-scale systems. Lucintel expects the spending activity to remain concentrated in North America in the near term, while the availability of power and the supply of semiconductors will play a significant role in determining deployment schedules and the competitive edge among regions.

• Hyperscaler Capital Expansion: Microsoft announced plans to spend about $80 billion on AI-enabled datacenters in its fiscal year commencing in January 2025. This spending will continue to strengthen the server market, but constrained grid access and construction will create a challenge for server delivery.
• Sovereign AI Infrastructure: The Stargate project is a $500 billion dollar AI investment over a four year period commencing in January 2025, and is a government-sponsored project in the United States. This will add significant capacity to the domestic market and create a ripple effect of similar government sponsored programs.
• Transition To Accelerator Platform: There is an expected shift to Blackwell systems with broad production and a data center revenue of about $3 billion, which is expected to occur during the first fiscal quarter of 2025 (May 2025) for NVIDIA. Faster generations of GPUs will decrease the time it takes to replace them and increase the value of the servers.
• Liquid Cooling: Direct to liquid cooling AI servers has been expanded to now include the NVIDIA Blackwell processors for Dell Technologies. This will drive more demand for other services related to cooling infrastructure.
• Contract Manufacturing at Scale: Construction of a new AI server manufacturing plant in Mexico is expected to cost around $900 million and will be completed by Foxconn in June 2025. This creates a sharp reduction in the risk of logistics and a manufacturing plant outside the region of Asia.

In the next five years, processor announcements will not be as important to the growth of the artificial intelligence server market. Instead, customers will compare the economics of full infrastructure and performance-per-watt, network efficiency, cooling cost, and deployment speed. Suppliers who secure electricity contracts, component allocations, and service contracts will dominate the market. There are significant limits to growth. Transformer shortages, slow permitting processes, and uncertainty around enterprise demand coupled with the aggressive hyperscaler budgets will constrain market demand even with slow growth.

Strategic Growth Opportunities in the Artificial Intelligence Server Market

The market for artificial intelligence (AI) servers is growing as AI-based workloads are deployed in actual products and services. During 2024-2026, companies are expected to change how they purchase power, data center capacity, and equipment to reduce latency. Lucintel expects that suppliers who incorporate capacity, efficiency, and tailored solutions will find an opportunity.

• Inference-focused Servers: Over the next several years, demand will increase for AI workloads to move nearer to end users, optimize cost, and minimize infrastructure overhead with substantial replacement cycles. In May 2025, NVIDIA reported quarterly data center revenue of $39.1 billion. This shows supercharged demand for accelerators.
• Sovereign AI Infrastructure: The European Commission designated 13 AI factories in March 2025. There will be a demand for integrated servers and sustained support of computing infrastructure for supported local compute capacity and sensitive data.
• Energy-efficient Platforms: In January 2025, Microsoft committed $80 billion to AI data center initiatives. With the recent increase in the cost of electricity, servers will favor systems with higher rack density and liquid cooling and high performance/low energy consumption.
• Industrial Edge Systems: In 2024, OICA reported around 75 million vehicles produced globally.AI servers deployed near factories and along logistics transport networks will support robotic systems and predictive maintenance. By relying on nearby edge systems and networks, inspection and maintenance will not have to rely on distant cloud computing.
• AI-as-a-service: OpenAI and SoftBank launched their $500 billion Stargate infrastructure initiative in January 2025. The market for application-specific, hosted capacity will expand to smaller companies who will forego AI accelerators and become customers outside the "hyperscale" companies.

The next three to five years will favor vendors that tackle deployment economics rather than simply selling hardware that speeds up the process. Demand will cross into public sector programs, industrial sites, and regional data centers. Suppliers with good cooling, software integration, financial offerings, and lifecycle services will generate recurring business. Shortages will still exist, but purchasing will become more rational and application-centered.

Artificial Intelligence Server Market Drivers and Challenges

The artificial intelligence server market will experience rapid growth due to the acceleration of AI adoption, increases in the pace of hardware and data-center innovations, rapidly evolving regulations, and increasing customer demands for generative AI, machine learning, and inference capacity. Lucintel predicts that the economic condition, availability of energy, the supply-chain, sustainability, and potential for manufacturing will significantly impact future competition. All of the factors described will likely inhibit growth and adversely impact the purchasing decisions of enterprises, cloud providers, governments, and research organizations.

The factors responsible for driving this market include:

• Increased demand for Generative AI - Customer demand for generative AI is driving more deployments of GPU-accelerated servers. large language models, recommendation engines, computer vision systems, and automated decision frameworks are drivers for increased demand. Announced by Microsoft, during its fiscal year 2025 (starting January 2025), Microsoft intends to invest an approximate $80 billion to support its AI-based data center builds. The document is indicative of the expansions cloud providers and enterprises intend to undertake for data center AI model training and inference. It is expected that within the next three to five years, the enterprise adoption of industry-specific AI applications will establish copilots and accelerate the completion of work tasks to a significant degree and increase server purchases for inference systems.
• Advanced Hardware Stimulates AI Server Boost: Recent advancements in power and cooling technologies, combined with the latest designs in networking and high-capacity memory, provide a powerful platform for next-generation AI servers. Considering the strong demand for computing services, NVIDIA's February 2025 projection for its data-center segment appears to be quite optimistic at $115.2 billion for fiscal year 2025. More advanced processors allow customers to sustain larger models with quicker time to training, and offer performance per watt benefits. Rack-scale systems, interconnects, memory, and inference chips are expected to improve significantly within the next 3-5 years, making upgrades and increased server density more desirable.
• AI Drives Data Center Boom: Facilities are in high demand for hyperscale computing. Increased demand for AI services drives capital expenditures. For example, Google has set aside $75 billion for fiscal year 2025 in new AI investments and supporting infrastructure, as communicated in their April 2025 release. After the next 3-5 years, there will be a significant amount of opportunity in the computer hardware market when data-center construction, regional cloud computing expansion, and Sovereign computing initiatives offer new markets with accelerated AI services and reduced latency.
• Enterprise Digital Transformation: Business functions are now using AI in customer service, cyber security, financial analysis, drug discoveries, and manufacturing and supply-chain management. The push for AI means that servers will not be confined to research labs or hyperscale clouds, but will move to private data centers and hybrid environments. With the new AI Act projected to go into effect in August 2025, the EU has mandated certain general-purpose AI models, prompting businesses to create AI governance and infrastructure policies. In the next three to five years, AI adoption in enterprises will create a market demand for secure, scalable, and peace of mind servers that can easily support training and inference.
• Improved Manufacturing Efficiency and Total-Cost Economics: Improved design layouts, thermal control, revamped power delivery, enhanced firmware, and automated assembly enhance productivity across manufacturing operations, resulting in systems that are not only faster, but also cheaper. Other improvements such as the virtualization of computing resources, better models, and AI accelerators coupled with strategies to optimize computing resource utilization result in even greater economic improvements. In the next three to five years, manufacturing innovations, standardization of architectures, and refurbished machines, along with designing systems that specialize in performing specific operations, will provide customers with a wide range of options while helping them manage the total cost of ownership.

The challenges facing this market include:

• High Costs: AI servers use many resources that increase costs including equipment accelerators, memory, networking, specialized cooling, and power. Large AI systems to build and train can cost a lot of money up front, while inference systems create AI loads that require ongoing costs, including energy. For many businesses, especially small businesses, it is more cost efficient to use a public cloud rather than buy the equipment and maintain an AI system. For the next 3 to 5 years, heavy financial costs and uncertain profit opportunities will stop many companies from implementing AI systems. Until then, the focus will be on developing equipment to reduce costs and make AI systems more efficient.
• Developing Supply Chains and Power Reliability: The building of specialized equipment for AI systems increases the cost of equipment, the length of time it takes to build the equipment, and the availability of resources. Data infrastructure also suffers due to limited grid power and the addition of restrictions on water supply due to less availability of renewable energy. The International Energy Agency (IEA) predicts that data centers will consume 1,000 tera-Watt-hours of electricity by 2026 (April 2024), creating a significant problem for power reliability throughout the world. To improve the market, the focus for the next 3 to 5 years should be on developing equipment locally, using standardized equipment, generating power locally, and improving the process of resource reuse.
• Risks Associated with Regulation, Security, and Sustainability: AI servers are dangerous and expose companies to cyberattacks, data breaches, revelation of trade secrets, and even rule breaking. Governments are also looking closely at models, which increases the likelihood of transparency and explains their concern with export restrictions, data sovereignty, and even energy consumption. The EU AI Act's requirements for advanced AI systems will also begin this year, showing an ongoing increase in requirements. In the next three to five years, rules will shift and requirements will all increase while demand for services increases, but there will be a shortage of systems that use trusted, secure, and low-carbon technology, as people will start demanding these technologies.

The market for AI servers and AI-backed services is starting to explode because of positively changing trends, like the use of generative AI, the creation of better chip designs, enterprise digital transformation, and the heavy investment in data centers. The AI server market will experience many of the same problems as chip market and will end up being moderately small, including high prices, scarce supplies, power shortages, and high exposure to cyberthreats and regulatory issues. The market leaders will end up having the best combination of efficient design, rapid supply chains, and a low impact supply design. In the next three to five years, competition will focus on performance, energy efficiency, and flexible deployment of AI services that comply with the law. Overall there will be strong market demand, but the market will end up slow if AI services are secure and environmentally friendly.

List of Artificial Intelligence Server Market Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies artificial intelligence server market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the artificial intelligence server market companies profiled in this report include-

• Inspur
• Dell
• HPE
• Huawei
• Lenovo
• H3C
• IBM
• Fujitsu
• Cisco
• Nvidia

Artificial Intelligence Server Market by Segment

The study includes a forecast for the global artificial intelligence server market by type, application, and region.

Artificial Intelligence Server Market by Type [Value ($B) from 2019 to 2035]:

• AI Training Servers
• AI Inference Servers

Artificial Intelligence Server Market by Application [Value ($B) from 2019 to 2035]:

• Internet
• Telecommunications
• Healthcare
• Government
• Others

Artificial Intelligence Server Market by Region [Value ($B) from 2019 to 2035]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Artificial Intelligence Server Market

Investment in AI server applications has been on the rise due to governments and hyperscalers building domestic server capacity with the help of semiconductor and data center infrastructure. Lucintel predicts vertical integration and large-scale deployments planned for 2025 to 2027 will further dominate the market.

• United States: In January 2025, Stargate, a collaboration of OpenAI, SoftBank, and others, was formed to develop a $500 billion investment in AI infrastructure, of which the initial investment was estimated at $100 billion. Expanding this program would create demand for servers and networking equipment for data centers with a potential 3 to 5 year build out.
• China: In February 2025, Alibaba announced they would invest $52.4 billion in cloud and AI infrastructure, and Huawei, continued deploying Ascend based systems. This will strengthen China's server supply chain and replace foreign accelerators with local supply.
• Germany: Manufacturing investment: Siemens and NVIDIA's industrial AI partnership expanded in April 2025. Local AI and compute driven data centers will continue to be the focus of Germany's national AI strategy. The integration of factory digitization with the European infrastructure funding will create demand for enterprise AI Servers.
• India: India AI Mission approved a 10,372 GPU compute facility in March 2025, which will be offered to startups, researchers and government entities. Yotta Infrastructure continued growth of its Shakti cloud platform. This will create further domestic adoption of server and AI software development.
• Japan: Ark Invest Capital's data center investment ʺSoftBank intends to construct an AI data center in Sakai, Osaka, Japan by refurbishing a Sharp semiconductor plant with an anticipated operational date during the fiscal year 2026.ʺ Prefabricating a data center at an existing site allows for faster deployment of high density computing and aids Japans goals of sovereign compute over the medium term.

Features of the Global Artificial Intelligence Server Market

• Market Size Estimates: artificial intelligence server market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2026) and forecast (2027 to 2035) by various segments and regions.
• Segmentation Analysis: artificial intelligence server market size by type, application, and region in terms of value ($B).
• Regional Analysis: artificial intelligence server market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the artificial intelligence server market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the artificial intelligence server market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the artificial intelligence server market by type (AI training servers and AI inference servers), application (internet, telecommunications, healthcare, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 7 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.1 Macroeconomic Trends and Forecasts
• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Artificial Intelligence Server Market by Type

• 4.1 Overview
• 4.2 Attractiveness Analysis by Type
• 4.3 AI Training Servers : Trends and Forecast 2019 to 2035
• 4.4 AI Inference Servers : Trends and Forecast 2019 to 2035

5. Global Artificial Intelligence Server Market by Application

• 5.1 Overview
• 5.2 Attractiveness Analysis by Application
• 5.3 Internet : Trends and Forecast 2019 to 2035
• 5.4 Telecommunications : Trends and Forecast 2019 to 2035
• 5.5 Healthcare : Trends and Forecast 2019 to 2035
• 5.6 Government : Trends and Forecast 2019 to 2035
• 5.7 Others : Trends and Forecast 2019 to 2035

6. Regional Analysis

• 6.1 Overview
• 6.2 Global Artificial Intelligence Server Market by Region

7. North American Artificial Intelligence Server Market

• 7.1 Overview
• 7.2 North American Artificial Intelligence Server Market by Type
• 7.3 North American Artificial Intelligence Server Market by Application
• 7.4 The United States Artificial Intelligence Server Market
• 7.5 Canadian Artificial Intelligence Server Market
• 7.6 Mexican Artificial Intelligence Server Market

8. European Artificial Intelligence Server Market

• 8.1 Overview
• 8.2 European Artificial Intelligence Server Market by Type
• 8.3 European Artificial Intelligence Server Market by Application
• 8.4 German Artificial Intelligence Server Market
• 8.5 French Artificial Intelligence Server Market
• 8.6 Italian Artificial Intelligence Server Market
• 8.7 Spanish Artificial Intelligence Server Market
• 8.8 The United Kingdom Artificial Intelligence Server Market

9. APAC Artificial Intelligence Server Market

• 9.1 Overview
• 9.2 APAC Artificial Intelligence Server Market by Type
• 9.3 APAC Artificial Intelligence Server Market by Application
• 9.4 Chinese Artificial Intelligence Server Market
• 9.5 Indian Artificial Intelligence Server Market
• 9.6 Japanese Artificial Intelligence Server Market
• 9.7 South Korean Artificial Intelligence Server Market
• 9.8 Indonesian Artificial Intelligence Server Market

10. ROW Artificial Intelligence Server Market

• 10.1 Overview
• 10.2 ROW Artificial Intelligence Server Market by Type
• 10.3 ROW Artificial Intelligence Server Market by Application
• 10.4 Middle Eastern Artificial Intelligence Server Market
• 10.5 South American Artificial Intelligence Server Market
• 10.6 African Artificial Intelligence Server Market

11. Competitor Analysis

• 11.1 Product Portfolio Analysis
• 11.2 Operational Integration
• 11.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 11.4 Market Share Analysis

12. Opportunities & Strategic Analysis

• 12.1 Value Chain Analysis
• 12.2 Growth Opportunity Analysis
  • 12.2.1 Growth Opportunity by Type
  • 12.2.2 Growth Opportunity by Application
• 12.3 Emerging Trends in the Global Artificial Intelligence Server Market
• 12.4 Strategic Analysis
  • 12.4.1 New Product Development
  • 12.4.2 Certification and Licensing
  • 12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

13. Company Profiles of the Leading Players Across the Value Chain

• 13.1 Competitive Analysis Overview
• 13.2 Inspur
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.3 Dell
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.4 HPE
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.5 Huawei
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.6 Lenovo
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.7 H3C
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.8 IBM
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.9 Fujitsu
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.10 Cisco
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 13.11 Nvidia
  • Company Overview
  • Artificial Intelligence Server Market Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

14. Appendix

• 14.1 List of Figures
• 14.2 List of Tables
• 14.3 Research Methodology
• 14.4 Disclaimer
• 14.5 Copyright
• 14.6 Abbreviations and Technical Units
• 14.7 About Us
• 14.8 Contact Us