DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Micro Server IC Market by Processor (Intel, ARM), Offering (Hardware, Software), End User (Small Scale, Medium Scale, Large Scale Enterprise), Application (Media Storage, Data Centers, Cloud Computing), & Geography - Global Forecast to 2022" report to their offering.
The global micro server IC market is expected to be worth USD 1.35 billion by 2022, at a CAGR of 44.00% between 2016 and 2022
The key opportunities for this market are the emerging need for new data centers in less technologically advanced regions. Some of the key factors driving this market are low power consumption and space usage by micro servers, growing trend of cloud computing and web hosting, cost effectiveness of micro servers in comparison with traditional servers, and emerging hyperscale data center architecture.
The market for ARM-based Processor ICs is expected to grow at the highest rate during the forecast period. The company is increasing its collaboration with both foundry companies that have expertise in 14 and lesser nm process technology and software companies to create an ecosystem which would help the company to provide better software solutions.
The hardware segment of the micro server IC market held the largest market size in 2015. Hardware constitutes the main part of SoC. The original design manufacturers, Intel and ARM, are focusing on improving the capability of ICs by integrating more components into SoCs such as memory, processor, and storage, among others. This competition is expected to bring more improvements in the capabilities of SoCs in the future.
Among all the major end users, the medium scale enterprise held the largest market in 2015. The medium sized organizations are adopting micro server ICs owing to their lower buying and installation cost. In addition, it is easy to upgrade the system if the load increases by simply increasing the server nodes. Thus, medium scale enterprise segment holds the largest market size for micro server ICs.
The media storage market held the largest market size in 2015 as the increasing Internet connectivity and digitization is bringing phenomenal growth in digital content and multifold growth in user-generated content. The new high-definition media content such as videos and audios, among others would create ample opportunities for media storage applications, creating a need for vendors to install more energy-efficient micro servers.
- Low Power Consumption and Low Space Usage By Micro Servers
- Growing Trend of Cloud Computing and Web Hosting
- Micro Servers are Cost-Effective in Comparison to Traditional Servers
- Emerging Hyperscale Data Center Architecture
- Application Specific Nature of the Micro Server Demand Additional Servers for Separate Applications
- Lack of Standard Specifications
- Emerging Need for New Data Centers in Less Technologically Advanced Regions
- Serving Large Scale Enterprise Customers
- Blade Servers May Limit the Scope of Micro Server Usage
- ARM Holdings PLC
- Ambedded Technology
- Applied Micro Circuits Corporation
- Cavium Inc.
- Dell Technologies
- Hewlett Packard Enterprise
- Intel Corporation
- Marvell Technology Group Ltd.
- Penguin Computing
- Quanta Computer Inc.
For more information about this report visit http://www.researchandmarkets.com/research/8m678h/micro_server_ic