Micro Server IC Market to Hit $3.27 Billion by 2030: Allied Market Research

Power efficiency and compact size of micro server IC, upsurge of industry revolution 4.0, and advent of hyperscale computing drive the global micro server IC market. The market across North America dominated in 2020, holding more than one-third of the market. The Covid-19 pandemic halted the production activities in electronics and semiconductors devices due to unavailability of workforce and slowdown.

Portland,OR, Sept. 28, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global micro server IC market generated $1.05 billion in 2020, and is expected to reach $3.27 billion by 2030, registering a CAGR of 13.3% from 2021 to 2030.

Download Free Sample Report (Get Detailed Analysis in PDF – 235 Pages): https://www.alliedmarketresearch.com/request-sample/13502

Features such as power efficiency and compact size of micro server IC, emergence of industry revolution 4.0, and advent of hyper-scale computing drive the global micro server IC market. However, limited applications of micro servers hinder market. On the contrary, the digitalization of businesses and rise in deployment of data centers are expected to open lucrative opportunities for market players in the future.

Covid-19 scenario:

  • The Covid-19 pandemic halted the production activities in electronics and semiconductors devices due to unavailability of workforce and slowdown.
  • The drop in manufacturing utilization, ban on international travel, and facilities closures led to slowdown in the growth of the market. On the other hand, the pandemic accelerated existing trends in remote work, automation, and e-commerce and opened new opportunities for the market.

The report segments the global micro server IC market on the basis of component, processor type, application, and region.

Based on component, the software segment is expected to portray the highest CAGR of 17.4% during the forecast period. Moreover, the hardware segment held the largest share in 2020, contributing to more than four-fifths of the market.

Interested to Procure the Data? Inquire here @: https://www.alliedmarketresearch.com/purchase-enquiry/13502

On the basis of application, the edge computing segment is projected to manifest the highest CAGR of 18.6% during the forecast period. However, the web hosting & enterprise segment held the lion’s share in 2020, accounting for more than half of the market.

The global micro server IC market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America dominated in 2020, holding more than one-third of the market. However, the market across the Asia-Pacific region is projected to showcase the highest CAGR of 16.3% during the forecast period.

Get Detailed COVID-19 Impact Analysis On The Micro Server IC Markethttps://www.alliedmarketresearch.com/request-for-customization/13502?reqfor=covid

The global micro server IC market report includes an in-depth analysis of the prime market players such as Advanced Micro Devices , Inc., Fujitsu Limited, Dell Technologies, Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Development L.P., Nvidia Corporation, Intel , STMicroelectronics , NXP Semiconductors, and Super Micro Computer , Inc.

Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

CONTACT: David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com