According to Digitimes Research's statistics and analyses, as China responded to COVID-19 resurgences with strict lockdown measures, which disrupted supply chain operations, and manufacturers still struggled with the problem of ICs and components having mixed levels of shortages, second-quarter 2022 global server shipments exhibited a 3.3% sequential growth, falling short of the forecast of nearly 9% growth given in April.
In first-quarter 2022, server manufacturers still struggled with the problem of some low-end ICs being in worse shortage than others and the Lunar New Year holidays slowed down their shipment momentum.
Taiwan-based manufacturers' revenues generated from server-related businesses including motherboards, complete systems as well as network communication and storage hardware and software are estimated to have grown 7.1% year-over-year to reach NT$1.65 trillion in 2021.
According to Digitimes Research's statistics and analyses, the 2021 global server market has a supply-demand gap as large cloud service operators step up orders to meet the pandemic-driven demand for cloud services, WFH and online services but the IC and component shortage disrupts shipment schedules.
Large datacenter demand will remain the main growth driver for server shipments 2021 through 2026. On top of that, 5G white-box telecom datacenter demand will also spur some growth. Along with IC and component supply gradually returning to normal levels, global server shipments are projected to grow at a CAGR of 6.9%.
Global server shipments, after reaching the peak of 2020 in the second quarter, are estimated to have slipped 6% sequentially in the third quarter as demand began to turn weak and will drop further in the fourth quarter.