[151 Pages Report] The global micro server IC market is expected to reach USD 1.35 Billion by 2022, at a CAGR of 44.0% between 2016 and 2022.
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.
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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.
In terms of geographic regions, North America held the largest market size for micro server IC in 2015. This is because of the presence of key industrial players and the early adoption of new technological advancements such as machine to-machine learning and IoT-enabled devices, which would create the need for more cloud-based services in North America. This would require the establishment of new data centers to support these services. Thus, North America is expected to dominate the micro server IC market during the forecast period.
Application-specific nature of the micro server and lack of standard specifications are the restraining factors for the growth of micro server IC market.
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Intel Corporation (U.S.) is one of the leading companies in the micro server IC market, followed by ARM Holdings PLC (U.K.), providing micro server ICs to address the emerging need of data centers and large scale enterprise applications. The most common strategy in this market is new product launches to offer more advanced applications. Companies are strengthening their product portfolio with new launches by increasing their R&D investments. The key players in this market are increasingly undertaking partnerships and collaborations to develop new technologies.
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