Full Answer
The instinct that 'more tracking equals slower site' is right about client-side tracking and wrong about server-side. Client-side pixels are the problem: each one ships JavaScript that the browser must download, parse, and execute, often blocking rendering, and then opens connections to external domains. Measurements routinely show the Meta pixel adding well over a second to load, and a busy checkout firing ten to fifteen external tracking requests. That's a real tax on Core Web Vitals and conversion rate.
Server-side tracking inverts the architecture. The browser sends one lightweight event, or in some designs nothing extra at all, and the heavy lifting, enriching events and fanning them out to Meta, Google, TikTok, and your warehouse, happens on your server after the response is sent. The visitor never waits on a stack of third-party scripts that may also be slow or down.
There's a caveat worth stating plainly: 'server-side' done badly can still hurt, for example if you run a synchronous call in the request path or a poorly hosted endpoint. The right pattern processes events asynchronously so nothing in the page render waits on tracking. Implemented that way, server-side tracking removes load from the browser rather than adding it, and the page gets faster, not slower.