In this report, Technavio highlights the increasing investment in quantum computing as one of the key emerging trends driving the global SerDes market. Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. Commercially available computers are gradually reaching the final level of their computational ability. The need for efficient systems to solve computational errors has become critical to various industries, as the amount of data keeps increasing. A quantum computer once developed at its highest potential, will be able to perform calculations that are a thousand times faster than modern supercomputers, besides consuming less electricity.
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In this report, Technavio analysts highlight the increasing adoption of HPC systems by businesses and enterprises as a key factor contributing to the growth of the global SerDes market:
Global SerDes market: Increasing adoption of HPC systems by businesses and enterprises
High-performance computing systems were initially used by the aerospace and defense companies, governments, laboratories, and research centers. In order to solve highly complex tasks such as simulation of air effects on a plane wing, simulation of nuclear explosion, determining the weather, and various other scenarios, these firms require these systems. The reducing costs of HPC systems resulted in a new client base for HPC system manufacturers, which included business and enterprises. Various firms are increasingly adopting data centers to process and manage their daily activities. The structured and unstructured data is analyzed, and the optimal decision can be made by using this data.
According to a senior analyst at Technavio for machine to machine (M2M) and connected devices, “HPC is used to streamline a business process, which includes the simplification or the elimination of unnecessary steps. This can be done by using various modern techniques, one of which is the HPC. Businesses can run complicated programs and algorithms quickly and easily. SerDes are implemented in the HPC systems to reduce the number of input and output elements. It can also transfer high-speed signals, which is not possible in wide parallel buses.”
Global SerDes market segmentation
This market research report segments the global SerDes market into the following applications (automotive, communication, and consumer electronics), products (stand-alone SerDes, and SerDes IP core), and key regions (the Americas, APAC, and EMEA).
Of the two major products, the stand-alone SerDes segment held the largest market share in 2017, accounting for nearly 83% of the market. The market share for this product is expected to decrease nearly 3% by 2022. The fastest growing product is SerDes IP core, which will account for nearly 20% of the total market share by 2022.
APAC was the leading region for the global SerDes market in 2017, accounting for a market share of nearly 77%. By 2022, EMEA is expected to register an impressive growth of nearly 6%.
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