According to the latest report by IMARC Group, titled "Server Microprocessor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global server microprocessor market reached a value of US$ 15.84 Billion in 2021. A server microprocessor refers to a single chip that is referred to as the brain of a server.It is generally responsible for dynamically and automatically allocating processor partitions. It includes various functions, such as data storage, interaction with the peripheral devices, and logical and timing functions. Additionally, it also allows better utilization of several resources and assists in analytical decision-making processes. It is considered to be an essential processor management service that aids in preventing bottlenecks while supporting better scalability and improving overall performance. Due to the large storage capacity of server microprocessors, there has been a considerable rise in product adoption across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Server Microprocessor Market Trends:
The global market is primarily driven by continual technological advancements in the corporate sector. This is supported by the widespread adoption of artificial intelligence (AI), machine learning (ML), and data analytics across multiple firms. Coupled with rapid digitization and a considerable rise in data generation, this is providing a boost to the demand for server microprocessors. This has also encouraged multiple businesses to heavily invest in the deployment of server microprocessors systems. In line with this, the penetration of high-speed internet has led to the increasing development of data centers, which, in turn, is creating a positive market outlook. Additionally, the rising incidences of data thefts and the growing security concerns due to the expansion of user-based online services are providing an impetus to the growth. Other factors, including continual improvements in the information technology (IT) infrastructure and extensive research and development (R&D) activities conducted by key players, are further positively influencing the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 18.14 Billion by 2027, exhibiting a CAGR of 2.22% during 2022-2027.
- On the basis of the design, the market has been segmented into ARM, x86 and others.
- Based on the frequency, the market has been segregated into 1.5GHz-1.99GHz, 2.0GHz-2.49GHz, 2.5GHz-2.99GHz, and 3.0GHz and higher.
- On the basis of the enterprise size, the market has been classified into small, medium and large enterprises.
- Based on the end-user, the market has been categorized into consumer electronics, automotive, BFSI, aerospace and defense, medical, and others.
- On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include 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.
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