Server Microprocessor Market Expected to Reach $16 Billion with 2.1% CAGR by 2023, says AMR
Rise in number of data centres, increase in IT spending by the developing nations, and rise in demand of cloud-based services are some of the factors that drive the market growth. However, high cost restrains the market growth. Moreover, rise in trend of Internet of Things is anticipated to provide new opportunities in the market.
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x86 dominated the market in 2016 and is expected to maintain its dominant position throughout the analysis period, owing to its wide scale adoption in servers, better performance, and enhanced efficiency. The large enterprises segment dominated the market with around 59% share in 2016, owing to large server size used in these enterprises, requirement of high-speed server microprocessor, and high cost of these chips, which contribute in its high revenue share.
North America is the major revenue contributor, owing to high market contribution of the U.S. consisting large number of data centers and servers in the large-scale enterprises. However, Asia-Pacific is expected to witness the highest growth rate dominating the market during the forecast period, owing to increase in demand of cloud-based services, rise in trend of internet of things (IoT), and growth in IT spending by the governments of countries in the region.
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Key Findings of the Server Microprocessor Market:
• In terms of revenue, the large enterprise segment contributed to the maximum market share in 2016 and is expected to maintain its dominance throughout the forecast period.
• The ARM segment is expected to grow at the highest CAGR, during the forecast period.
• In 2016, the x86 segment accounted for the highest share of 79% in the market.
• In 2016, North America accounted for over 32% share; however, Asia-Pacific is expected to gain dominance during the forecast period.
The major companies profiled in the report include Advanced Micro Devices (AMD), Inc., Baikal Electronics, OJSC, Hisilicon Technologies Co., Ltd., IBM Corporation, Intel Corporation, Mediatek Inc., NVIDIA Corporation, Qualcomm Technologies, Inc., Texas Instruments Incorporated, and Toshiba Corporation.
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Allied Market Research is a global 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.
Our market research department starts with the research task considering specific concerns and ambitions of the client. We understand that every market is driven by certain key factors locally as well as globally. Our analysts dig out those factors, helping clients understand the importance and impact of every such driving force. Moreover, possible restraints of the market are discovered and suggestions to tackle those restraints are formulated after extensive research and analysis of the overall market conditions. Making an even deeper insight, we analyze the market trend including both qualitative and quantitative present market scenario in every geographical region segmented as per the business domain concerned and overall performance in different regions throughout the globe.
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