Data Center Chip Market: Study Landscape And Industry Innovations Encountered Hu
Posted by Harshad Borde on December 31st, 2019
Global Data Center Chip Market: Overview
A data center refers to a building or a specified space within a building, or a group of buildings that is used to accommodate computer systems and related components, such as storage and telecommunications systems. It is a large group of networked computer servers that are utilized by companies for distribution, processing, and remote storage of large amounts of data.
A business heavily relies on services, applications, and data stored inside a data center. As such, data centers become a focal point and an essential asset for day-to-day activities. A data center chip is generally found in the server area, inside a data center and is one of the essential requirements of the networked premises.
In an upcoming report, Transparency Market Research has delved deeper into the landscape of the global data center chip market. In the report, it tries to elucidate on every aspect of the market so that substantial data can be offered to make a business flourish in the coming years. The report elaborates key market trends & opportunities, geographical analysis, challenges, and competitive landscape of the market.
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Global Data Center Chip Market: Notable Developments
Last week American technology giant Intel Corporation agreed to acquire Barefoot Networks, a networking startup. It is a strategic move by Intel Corporation to compete with Broadcom Inc. in the Ethernet switch silicon market. The deal emphasized on Intel's endeavors to expand its share of total spending on data centers.
The key players profiled in the report include Samsung Electronics Co. Ltd., Intel Corporation, Taiwan Semiconductor Manufacturing Co. Ltd., Global Foundries, Arm Limited (SoftBank Group Corp.), and Advanced Micro Devices Inc.
Global Data Center Chip Market: Key Trends
Below-mentioned market trends and opportunities mark the global data center chip market:
Advancement in Technology Boosts Global Data Center Chip Market
Technological evolution and advancements in programmable solutions and memory chip such as ASICs, FPGAs amongst others, improve their performance in data centers and connected devices. For example, Intel’s 3D XPoint technology substantially betters access to huge amounts of data. Next generation chip such as ASIC and FPGA can effectively cater to the change in requirements for data centers and accelerate performance in various other applications. The combination of ASICs and FPGAs with cloud products assists in the enhancement of data center’s overall performance. As such, progress in technology is fuelling the growth of global data center chip market.
Data localization laws have been passed in many countries across the globe. This is mainly secure security and regulatory practices. Industry verticals, particularly banking, financial services and insurance (BFSI), are strict when it comes to hosting its data in an international data center. Hence, these industries choose to go for local data center. Favorable government initiatives play an essential role in boosting global data center chip market.
Increasingly mobile networks are being utilized to connect all types of gadgets such as home security, intelligent connectivity of cars, automated reading of utility meters, traffic lights and assisted living amongst many others. Advancement in technology for various mobile computing devices such as smart TV, smartphones and many other smart devices are creating demand for enhanced networking solutions and sophisticated connectivity. Hence, demand for data center chip is further generated. Increased adoption of cloud computing and IoT is likely to fuel the the need for integration of the chips in the data center servers, which in all probability will offer promising growth opportunities for the global data center chip market.
Global Data Center Chip Market: Geographical Analysis
Based on geographical region, the global data center chip market is divided North America, Europe, Asia-Pacific, and Latin America and Middle East and Africa (LAMEA). LAMEA would register highest growth over the period of forecast.
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About the AuthorHarshad Borde
Joined: April 26th, 2019
Articles Posted: 526
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