March 29, 2011 11:09 ET

Server Hardware Market Will Reach $57.8 Billion in 2014

ROCKVILLE, MD--(Marketwire - March 29, 2011) - has announced the addition of Infiniti Research Limited's new report "Global Server Hardware Market 2010-2014" to their collection of Servers & Mainframes market reports. For more information, visit

TechNavio's analysts forecast that the Global Server Hardware Market will reach $57.8 billion in 2014. One of the key factors contributing to this market growth is an increase in adoption of e-business model and IT applications by SMEs. The Server Hardware market has also been witnessing virtualization of servers. However, the expensive nature of servers could be a challenge to the growth of this market.

"NFC (Near Field Communications) is paving the way for mobile phones transforming into electronic wallets. Companies are therefore encouraging mobile payments and NFC technology. This has pushed POS systems to migrate towards mobile acceptance, hence demanding POS software that is flexible and incorporates new requirements," reports TechNavio analyst.

In spite of the need, the high cost and complexity associated with up-gradation of POS software hinders the growth of this market. However, the up-gradation of the point of sale systems by the retailers is expected to drive the market.

The POS software market is marked by multi-channel shopping leading to changes in the design and architecture of the POS software .This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.

The report, "Global POS Software Market 2010-2014," is based on extensive research from inputs by industry experts, vendors and end-users. It examines the factors -- including the key trends, drivers and challenges -- impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.

For more information, visit

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