PUBLISHER: IMARC | PRODUCT CODE: 1561494
PUBLISHER: IMARC | PRODUCT CODE: 1561494
The global server microprocessor market size reached US$ 16.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.5 Billion by 2032, exhibiting a growth rate (CAGR) of 1.8% during 2024-2032.
Server microprocessor is a central processing unit (CPU) that helps in analytical decision-making. It comprises powerful processors that function at a higher frequency and allow the processing of data in memory and other subsystems. It assists in providing a multitasking performance for the virtual environment and overcoming failures in case of shutting down or crashing. It also aids in supporting multiple cores, threads, and processors to maintain the overall performance level. Besides this, as it has a large storage capacity with the ability to insert multiple disks, its demand is rising around the world.
The flourishing information and technology (IT) industry represents one of the key factors strengthening the growth of the market. Apart from this, with the rising awareness about the benefits of cloud-based services, there is a rise in the demand for cloud-based services across the globe, which is contributing to market growth. These benefits include improved security and mobility, higher cost savings, increased collaboration, disaster recovery, loss prevention, automatic software updates, competitive edge, and sustainability. Additionally, there is a considerable increase in user-based online services, such as Facebook, YouTube, and Twitter, which have resulted in an increasing number of data centers that store personal data in a centralized system and employ servers on a large scale. This, along with the continuous funding on research and development (R&D) activities to address the growing needs of servers and data centers worldwide, is creating a favorable market outlook. Furthermore, leading market players are extending technology partnerships to launch innovative products. They are also incorporating advanced technologies, including data analytics, machine learning (ML), and artificial intelligence (AI), to improve their designs, which is anticipated to impel the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global server microprocessor market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on design, frequency, enterprise size and end user.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Baikal Electronics JSC, HiSilicon (Shanghai) Technologies Co. Ltd. (Huawei Technologies Co. Ltd.), Intel Corporation, International Business Machines Corporation, MACOM Technology Solutions, MediaTek Inc., NVIDIA Corporation, Oracle Corporation, Qualcomm Incorporated, Texas Instruments Incorporated and Toshiba Corporation.