The latest report on the Global AI Server Market for Q2 2024 by the market research firm Counterpoint Research reveals an exciting trend. The demand for AI servers has surged dramatically due to the AI technology boom, thereby significantly contributing to the fast-paced expansion of the entire server market.

Specifically, global server revenues skyrocketed to $45.422 billion in the second quarter of 2024, marking an impressive 35% increase from the previous year. This remarkable growth highlights the market's insatiable appetite for advanced computing power.

Notably, AI servers have emerged as a major catalyst for this growth, with their share of all server sales nearing 30% in the second quarter.

Regarding the competitive market landscape, three leading vendors, Dell, AMD, and HPE, maintain their dominance. However, original design manufacturer (ODM) direct sales prevail as Microsoft, Amazon, Google, and Meta continue to tailor their servers.