Global Micro Server IC Market Overview
The key driver impacting the micro server IC market is the growing trend of cloud computing and web hosting. The rising demand for data centers in several business domains such as IT & telecom, healthcare, banking, agricultural, and government, among others across the developing and developed nations. Moreover, the emergence of hyper-scale data center architecture contributes to microserver IC market demand in the later years.
According to Value Market Research, the global Microserver IC market size was valued at USD 1.32 billion in 2020 and is estimated to grow at a CAGR of about 13% during the forecast period 2021 to 2027.
The low space utilization and low power consumption of microservers will likely augment the need for microserver IC in the forecast period. However, the lack of standard specifications hampers the market in the long run. In addition, the blade servers might bind the scope of microserver usage as a challenge to the market. Nevertheless, the market trends, include the rising prominence of edge computing and micro data centers, might provide considerable opportunities to the market's leading players.
The Microserver IC market is widespread, with many local and international players. The market leaders follow different strategies to improve their market position, such as extending product portfolio, amalgamation, acquisitions, research and development, awareness programs, and product upgrades. The key players in the report are ARM Holdings plc, Quanta Computer Inc., Fujitsu, Intel Corporation, Cavium Inc., Marvell Technology Group, Ltd., Ambedded Technology Co., Ltd., Dell Inc., NVIDIA Corporation, Marvell and Super Micro Computer Inc., and Applied Micro Circuits Corporation.
In this research report, the Microserver IC market is segmented by offering, processor type, consumer type and region.
Analysis by Offering:
By offering, the report is segmented into hardware and software. The Hardware segment dominates the offering segment, with the highest share in 2020. It is due to the growing adoption of microservers for hosting, big data workloads, front-end web content delivery networks, computing applications, and low space and application-specific functionality. Moreover, the promising edge computing ecosystem, that is, the storage and networking capability near data sources and provisioning of advanced computational, can attain both low-latency event processing and high-throughput analytical processing is contributing to the growth of the Hardware segment.
Analysis by Processor Type:
By processor type, the report is divided into Intel processors and ARM processors. The Intel processors segment dominates with a significant market share in 2020. It is due to the broad range of consumers and company partners deploy Intel-based ICs as it provides smooth software support. Moreover, the use of 14nm process technology by the company to produce a wide range of chips is contributing to the Intel processors segment growth.
Analysis by Consumer Type:
By consumer type, the report is divided into enterprises and data centers. The enterprise's segment dominates with a significant market share in 2020. It is due to the growing managing dense workloads, ramping up data security and storage, improvement in legacy systems demand for a mobile workforce among enterprises. Moreover, Small and medium enterprises need server platforms that not only address current needs but also seamlessly handle future workloads while lowering costs is contributing to the large enterprise consumers segment growth.
Analysis by Region:
In the regional outlook of the global Microserver IC market, the Asia Pacific region dominates with a significant market share in 2020. The existence of countries with large populations and the increasing adoption of microservers across small and medium enterprises are driving regional growth. Also, the increasing significance of microservers due to low power consumption and cost-effective solutions that can be utilized for light-load applications in data centers which is the hotspot of the Chinese IT market, is adding growth to the region. Moreover, the rising penetration of internet services and the huge adoption of smart devices contribute to the tremendous market growth across the Asia Pacific.
Market Segmentation covered in the Report:
By Processor type
By Consumer Type
- Intel processors
- ARM processors
- Large enterprise consumers
- Small and medium size enterprise consumers
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.