Micro Server IC Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
A micro server integrated circuits refers to a form of integrated circuits that is composed of a single integrated circuit that houses a CPU, memory, and system input/output. It is used by enterprises that have little or no IT employees, and they can also be helpful in data centers for quick or temporary jobs.

Sizing and Forecast
The micro server ic market size has grown rapidly in recent years. It will grow from $1.48 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%.  The  growth in the historic period can be attributed to energy efficiency concerns, increased motor failures, cost reduction objectives, predictive maintenance, rise in industrial automation.

The micro server ic market size is expected to see rapid growth in the next few years. It will grow to $2.84 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%.  The growth in the forecast period can be attributed to remote monitoring needs, renewable energy growth, smart manufacturing initiatives, focus on condition-based monitoring, cybersecurity concerns, integration with analytics platforms. Major trends in the forecast period include advancemet in condition-based monitoring, integration with control systems, cloud-based solutions, artificial intelligence (ai) and machine learning (ml), customization for specific industries..

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Segmentation & Regional Insights
The micro server ic market covered in this report is segmented –

1) By Component: Hardware, Software
2) By Processor Type: X86, ARM
3) By Application: Web Hosting And Enterprise Application, Analytics And Cloud Computing, Edge Computing
4) By End User: Enterprises, Data Center

North America was the largest region in the micro server IC market in 2023. The regions covered in the micro server ic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing need for new data centers is expected to boost the growth of the micro server IC market going forward. A data center is a facility that unifies a company's shared IT infrastructure and operations for data processing and storage. Due to their lower price, lower power consumption, and smaller physical footprint, micro server ICs are becoming more common in data center applications. Hence, the increasing need for new data centers is expected to boost the micro server IC market. For instance, in January 2022, STACK Infrastructure, a US-based information technology company that provides digital infrastructure and Oaktree Capital Management, L.P., a US-based asset management company, announced a collaboration to construct a 36MW data center complex in Inzai, Japan. The project began in the second quarter of 2022, with capacity projected to be delivered in the fourth quarter of 2023. Moreover, in November 2021, CDC Data Centers, an Australia-based data center company, announced an increase in investment in its cutting-edge Eastern Creek Sydney data center to a total of $2.5 billion. The project will add 150MW to the company's existing development initiatives, bringing the total development and operational capacity to 700MW. With the construction of this new data center, by 2023, the company intends to have 13 data centers operational. Therefore, the increasing need for new data centers is driving the growth of the micro server IC market.

Key Industry Players
Major companies operating in the micro server ic market report are Intel Corporation, Advanced Micro Devices Inc., Hewlett Packard Enterprise Development LP, Dell Technologies Inc., Fujitsu Limited, Super Micro Computer Inc., STMicroelectronics N.V., NXP Semiconductors N.V., Huawei Technologies Co. Ltd., Quanta Computer Inc., Embedded Technology Co. Ltd., Taiwan Semiconductor Manufacturing Company Limited, Qualcomm Technologies Inc., Texas Instruments Incorporated, Futurasmus KNX Group, Tyan Computer Corporation, MiTAC Holdings Corp., Penguin Computing Inc., NEC Corporation, Inspur Group Co. Ltd., Lenovo Group Limited, ASUSTeK Computer Inc., Cisco Systems Inc., Inventec Corporation, Wistron Corporation, Foxconn Technology Group, Pegatron Corporation, ZT Systems Company, Aaeon Technology Inc., Arm Holdings plc, Ampere Computing LLC, Marvell Technology Group Ltd., Broadcom Inc.

The micro server ic  market report table of contents includes:

1. Executive Summary
2. Micro Server IC Market Characteristics
3. Micro Server IC Market Trends And Strategies
4. Micro Server IC Market - Macro Economic Scenario
5. Global Micro Server IC Market Size and Growth
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31. Global Micro Server IC Market Competitive Benchmarking
32. Global Micro Server IC Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Micro Server IC Market
34. Micro Server IC Market Future Outlook and Potential Analysis
35. Appendix

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