PORTLAND, Oregon, Feb. 5, 2019
PORTLAND, Oregon, Feb. 5, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "Data Center Chip Market by Chip Type (GPU, ASIC, FPGA, CPU, and Others), Data Center Size (Small & Medium Size and Large Size) and Industry Vertical (BFSI, Manufacturing, Government, IT & Telecom, Retail, Transportation, Energy & Utilities, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025." The report offers a detailed analysis of drivers & opportunities, key segments, market size & forecasts, and competitive scenario. According to the report, the global data center chip market garnered $7.71 billion in 2017, and is expected to reach $15.64 billion by 2025, growing at a CAGR of 9.4% from 2018 to 2025.
Advancements in chip technology, upsurge in adoption of cloud computing, and government regulations related to localization of data centers drive the growth in the industry. However, expensive operational costs hinder the growth in the market. On the other hand, rise in smart computing devices would create new opportunities in the industry.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5144
Graphic processing unit (GPU) segment to maintain dominant position by 2025
GPU contributed to nearly one-third of the total market share in 2017 and is expected maintain its dominant position by 2025. This is due to its growth in parallel processing capability and increase in adoption in applications such as artificial intelligence for large scale data computations. However, FPGA is expected to grow at the highest CAGR of 11.2% from 2018 to 2025, owing to rise in adoption across different verticals as it has reprogramming functionality. The report also analyzes chip types including ASIC, CPU, and others.
Large sized data centers to maintain its leadership status during the forecast period
Large sized data centers accounted for more than two-thirds of the total market share in 2017 and will maintain its leadership during the forecast period. This is due to increase in demand from multinational corporations such as IBM and Microsoft among others and rise in availability of power saving chips. However, small and medium -sized data centers would register the fastest CAGR of 10.4% from 2018 to 2025, owing to increase in number of small and medium size enterprises along with reduced data center chip costs.
BFSI to lead throughout the forecast period
BFSI held the major share of the market in terms of revenue in 2017, contributing 30% of the total market share. This is due to requirements of high storage and processing capabilities for facilitating online banking transactions and offering personalized services. Energy & utilities would register the fastest growth, with a CAGR of 12.7% from 2018 to 2025, owing to surge in data generated from smart home appliances and smart grid technologies. The research also analyzes industry verticals including manufacturing, government, IT & Telecom, retail, transportation, and others.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5144
North America to remain dominant by 2025
North America accounted nearly two-fifths of the total market share in 2017 and is expected to remain dominant during the forecast period. This is due to increase in technological advancements, innovations, and investments in data centers. LAMEA is expected to grow at the fastest CAGR of 12.1% from 2018 to 2025, owing to surge in demand from emerging countries including Brazil and Chile and developed countries such as South Africa and UAE. The research also discusses Europe and Asia-Pacific.
Leading market players
Key market players analyzed in the research include Intel Corporation, Advanced Micro Devices Inc., GlobalFoundries, Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Co. Ltd., Broadcom, Arm Limited (SoftBank Group Corp.), Huawei Technologies Co. Ltd., Xilinx, Inc., and Nvidia Corporation.
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060