According to a new report, published by KBV research, The Global Data Center Chip Market size is expected to reach $29.8 billion by 2030, rising at a market growth of 13.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,354.4 thousand units, experiencing a growth of 4.9% (2019-2022).
The Telecom & IT segment is showcasing a CAGR of 12.1% during (2023 - 2030). Companies in various industries rely on IT and telecom firms to provide them with the answers they need; several firms that provide data center services come under the purview of IT & telecom, making it essential for them to rely on data centers. Even companies that are not entirely involved in the IT and telecommunications industries but have a variety of online solutions must rely on data centers to support their services.
The GPU segment is leading the Global Data Center Chip Market by Chip Type in 2022; thereby, achieving a market value of $8.1 billion by 2030. Graphics Processing Units (GPUs) have found significant application in data centers beyond their traditional use in graphics rendering. To improve computing efficiency, GPUs efficiently handle graphics and offload some of the workloads from CPUs.
The Small & Medium Size segment is exhibiting a CAGR of 14% during (2023 - 2030). Small and medium-sized data centers have significantly greater reliability standards for the same underlying device. In addition to having greater reliability standards, the infrastructure of small and medium-sized data centers is able to keep up with the expanding demand and be continually upgraded. Due to such factors, data center chips are in high demand in small and medium data centers. It enhances energy efficiency, redundancy, and flexibility while helping to improve operations and boost productivity.
The North America region dominated the Global Data Center Chip Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.4 billion by 2030. The Europe region is anticipated to grow at a CAGR of 12.8% during (2023 - 2030). Additionally, The Asia Pacific region would experience a CAGR of 13.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/data-center-chip-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Advanced Micro Devices, Inc., Arm Limited, Broadcom, Inc., GLOBALFOUNDRIES Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Intel Corporation, NVIDIA Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Taiwan Semiconductor Manufacturing Company Limited, and Qualcomm, Inc.
By Chip Type (Volume, Thousand Units, USD Million, 2019-2030)
By Vertical (Volume, Thousand Units, USD Million, 2019-2030)
By Data Center Size (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
