中国区X86服务器-市场-分析2025年Q3.pptxVIP

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FindingChinaservermarketvendorrevenuewasup37.6%overlastyearin2025Q3ofwhichx86serversincreasedby18.5%;non-xserversincreasedby99.7%;Theacceleratedservermarketcontinuestoexperiencehighgrowth.Althoughtherewillberestrictionsandsupplyissuesintheshortterm,strongdemandwillleadthismarkettocontinuegrowingduringtheforecastperiod.Thegrowthofthenon-acceleratedservermarketislargelyaffectedbycomponentpriceincreases,anditsASPhasreachedunprecedentedheights.In2025Q3,thenon-acceleratedservermarketshowed33.4%YoYgrowthinvendorrevenue.Intermsofvendorrevenue,IEITSYSTEMS,xFusion,H3C,Lenovo,andZTEarethetop5vendorsinChinaservermarketin25Q3,withyear-on-yeargrowthof-3.7%,38.3%,51.5%,18.2%,and66.2%,respectively.FromtheperspectiveofCPUvendors,theshareofdomesticCPUsisstillincreasing.NotonlyinGovernment,Finance,Telecom,Resource,andUtilities,butalsoinCSPs.Meanwhile,AMDiscontinuingtoincreaseitsshareinCSPs,reachingabout30%in2025YTD.Inotherindustries,IntelremainstheabsoluteleadingpositionsuchasServiceandManufacturing.Chinaservermarketwillcontinuetogrowduringtheforecastperiod(2024-2029).Theacceleratedservermarketisthemaindrivingforce,whichisexpectedtomaintain?a?CAGRofover?25%.?Althoughtheconstantlychangingpoliciesbringuncertaintytomarketperformance,thedemandis?certain,?and?by2029,theproportionofacceleratedserverswill?becloseto?70%?oftotal?server?marketinspending.?Fromaglobalperspective,theservermarketgrewby59.6%inspendinginthethirdquarterof2025,drivenbythecontinuedmassdeploymentofGPUserversbyhyperscalersandotherlargeITbuyers.UnitGrowthwasstrongat14.5%yearoveryear.Non-acceleratedservergrowthbeenslowingastherefreshfrom2024appearstobeending,particularlywithenterprisecustomers.Foracceleratedserver,GPUordersthr