The global data center chip market reached a value of US$ 9.56 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.11 Billion by 2027 exhibiting a CAGR of 6.40% during 2022-2027.
The data center chip is a vital asset for day-to-day activities, usually found in the server area within the data center. It enhances energy efficiency, redundancy and flexibility, and improves the productivity and operations of an organization. Some common data center chip includes a graphic processing unit (GPU), application-specific integrated circuit (ASIC), central processing unit (CPU), and field-programmable gate array (FPGA). Consequently, it finds application across BFSI, IT, telecommunication, transportation, and manufacturing industries.
Base Year: 2021
Forecast Year: 2022-2027
Data Center Chip Market Trends and Drivers:
The global data center chip market is primarily driven by the rising demand for data management and cloud computing due to the vast amount of data generated on a regular basis.
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Besides this, the integration of connected devices like autonomous vehicles, virtual reality (VR) systems, and personal computers (PCs) has increased the demand for data centers to manage data and storage solutions. This, in turn, is providing an impetus to the market growth. In addition to this, governments in various countries are implementing regulations for the localization of data centers, thereby fueling the product adoption rate.
Furthermore, the emergence of Big Data and advancements in programmable solutions and memory chips are improving the performance of data centers and connected devices, which are anticipated to create a positive market outlook in the upcoming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Data Center Chip Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Achronix Semiconductor Corporation, Advanced Micro Devices Inc., Arm Limited, Broadcom Inc., Fujitsu Limited, GlobalFoundries Inc., Huawei Technologies Co. Ltd., Intel Corporation, Marvell Technology Inc., Nvidia Corporation and Taiwan Semiconductor Manufacturing Company Limited.
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The report has segmented the market on the basis of region, chip type, data center size and industry vertical.
Breakup by Chip Type:
Breakup by Data Center Size:
- Small and Medium Size
- Large Size
Breakup by Industry Vertical:
- IT and Telecom
- Energy and Utilities
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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