Boston, MA -- (SBWire) -- 02/16/2017 --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
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.
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The key players in the micro server IC market include Intel Corporation (U.S.), ARM Holdings Plc (U.K.), Hewlett Packard Enterprise (U.S.), Quanta Computer Inc. (Taiwan), Applied Micro Circuits Corporation (U.S.), and Marvell Technology Group Ltd. (Bermuda). Most of the leading companies have followed the organic strategy of new product developments and launches and inorganic strategies such as agreements, partnerships, and collaborations to boost the revenue of the company.
Top 2 players in the micro server IC packaging market: Intel Corporation (U.S.) is the leader in the micro server IC market. It provides leading energy-efficient performance for servers. The group focuses on lowering the total cost of ownership and on other specific optimizations for the enterprises, cloud, communication infrastructure, and technical computing segments. Strong global presence and brand value have helped Intel to maintain its stronghold in the micro server market.
ARM Holdings Plc (U.K.) has been ranked second in the market. The company is highly focused on improving performance and reducing power consumption to ensure that organizations switch to its server hardware platform and software. ARM's strategy is to exploit the opportunities in the markets where it has established credibility among its clients through its low-power chip architecture. ARM's strategy in the micro server market space is to use the expertise of each of its partners such as Applied Micro Circuits Corporation (U.S.), Marvell Technology Group, Ltd. (U.S.), and Nvidia Corporation (U.S.) to create customized chips for specific tasks. The company focuses on technological expertise via acquisitions, agreements, and collaborations. It has also been focusing on new product launches.
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