According to a new report published by Allied Market Research, titled, "Data Center Chip Market," The data center chip market was valued at $11.7 billion in 2022, and is estimated to reach $45.3 billion by 2032, growing at a CAGR of 14.6% from 2023 to 2032.
A data center chip is a type of processor chip that is widely used for cloud computing and AI applications. It is used to run various programs on a single chip. The graphics processing unit (GPU), application-specific integrated circuit (ASIC), central processing unit (CPU), and field-programmable gate array (FPGA) are some of the commonly used data center chips.
Data center chips are used in a wide range of industries that require data processing and storage. These industries include information technology (IT) & cloud computing, healthcare, finance, retail, telecommunications, and manufacturing. In IT and cloud computing, data center chips power servers, storage devices, and networking equipment for cloud computing providers such as Amazon Web Services and Microsoft Azure.
In healthcare, data center chips are used to power the servers and storage systems used in healthcare organizations. The finance industry requires real-time data processing and analytics for trading, risk management, and other financial operations, while the retail industry requires data processing and analytics for inventory management, supply chain optimization, and customer analytics. Telecommunications and manufacturing require high-speed data processing and analytics for network traffic management and process optimization, respectively.
The main aim of a data center chip is to provide high-speed data processing and storage capabilities for large-scale data centers. Data center chips are specifically intended to handle sophisticated and demanding workloads that necessitate high-performance computing, such as AI, machine learning, data analytics, and virtualization.
The data center chip market is segmented on the basis of chip type, data center size, industry vertical, and region. By chip type, the market is classified into GPU, ASIC, FPGA, CPU, and others. By data center size, the market is divided into small & medium size and large size. By industry vertical, the market is categorized into BFSI, manufacturing, government, IT & telecom, retail, transportation, energy & utilities, and others.
Region-wise, the data center chip market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the market include Intel Corporation, GlobalFoundries, Advanced Micro Devices Inc., Taiwan Semiconductor Manufacturing Co. Ltd., Samsung Electronics Co. Ltd., Arm Limited (SoftBank Group Corp.), Broadcom, Qualcomm Technologies, Inc., Huawei Technologies Co. Ltd., and NVIDIA Corporation. These market players have adopted various strategies such as product launches and agreements, to expand their foothold in the data center chip market.
KEY MARKET SEGMENTS
By Chip Type
By Data Center Size
- Small and Medium Size
- Large Size
By Industry Verticals
- BFSI
- Manufacturing
- Government
- IT and Telecom
- Retail
- Transportation
- Energy and Utilities
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- ADVANCED MICRO DEVICES, INC.
- ARM LIMITED (SOFTBANK GROUP CORP.)
- BROADCOM INC.
- GLOBALFOUNDRIES INC.
- HUAWEI TECHNOLOGIES CO., LTD.
- INTEL CORPORATION
- NVIDIA CORPORATION
- SAMSUNG ELECTRONICS CO. LTD.
- TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED
- QUALCOMM TECHNOLOGIES, INC.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the data center chip market analysis from 2022 to 2032 to identify the prevailing data center chip market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the data center chip market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global data center chip market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Chip Type
By Data Center Size
- Small and Medium Size
- Large Size
By Industry Verticals
- BFSI
- Manufacturing
- Government
- IT and Telecom
- Retail
- Transportation
- Energy and Utilities
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Advanced Micro Devices, Inc.
- Taiwan Semiconductor Manufacturing Company Limited
- Broadcom Inc.
- Huawei Technologies Co., Ltd.
- Intel Corporation
- NVIDIA Corporation
- Samsung Electronics Co. Ltd.
- Qualcomm Technologies, Inc.
- ARM LIMITED (SOFTBANK GROUP CORP.)
- GlobalFoundries Inc.