Data Center Chip Market Expected to Reach $15,641.1 Million by 2025 | Key players are adopting new techniques to provide advanced and innovative products
The global data center chip market was valued at $7,718.9 million in 2017, and is projected to reach $15,641.1 million by 2025, registering a CAGR of 9.4% from 2018 to 2025. North America is expected to dominate the market, followed by Europe. In 2017, the U.S. dominated the North America market and the UK is expected to lead the overall market in Europe during the forecast period. While, in Asia-Pacific, China dominated the market in 2017.
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Next generation chip such as FPGA and ASIC, can efficiently meet the change in demands for data centers and speed up the performance in other applications. The combination of FPGAs, ASICs with cloud products helps in enhancing the overall performance of data centers. Hence, advancement in technology is driving the global data center chip market.
Technological advancements in several mobile computing devices and products, such as smartphones and smart TV, are driving the demand for sophisticated connectivity and enhanced networking solutions. A rise in the adoption of IoT & cloud computing is expected to drive the integration of the chips in the data center servers, which is expected to provide lucrative growth opportunities for the global data center chip market.
Key Benefits for Data Center Chip Market:
•This study comprises an analytical depiction of the global data center chip market opportunity along with the current trends and future estimations to depict the imminent investment pockets.
•The overall data center chip market forecast is determined to understand the profitable trends to gain a stronger foothold.
•The report presents information related to key drivers, restraints, and opportunities with a detailed data center chip market analysis.
•The data center chip industry is quantitatively analyzed from 2017 to 2025 to benchmark the financial competency.
•Porters five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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The key players profiled in the report include Intel Corporation, GlobalFoundries, Advanced Micro Devices Inc., Taiwan Semiconductor Manufacturing Co. Ltd., Samsung Electronics Co. Ltd., Arm Limited (SoftBank Group Corp.), Broadcom, Xilinx, Inc., Huawei Technologies Co. Ltd. and Nvidia Corporation.
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Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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