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
Base Year: 2021
Forecast Year: 2022-2027
According to the latest report by IMARC Group, titled "Global Data Center Chip Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", 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.
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.
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.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/data-center-chip-market/requestsample
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.
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:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/data-center-chip-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800