The micro server IC market size was US$ 1.1 billion in 2021. The global micro server IC market is forecast to grow to US$ 2.9 billion by 2030, registering a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2022 to 2030.
Micro servers are miniature, low-cost servers with constricted and scaled-back parts that allow them to be packed into clusters. They're usually based on a compact form, such as a system-on-chip (SoC) board.
COVID-19 Impact Analysis
With the COVID-19 outbreak, the global micro server IC market witnessed a negative influence due to a reduction in manufacturing activities, travel bans, and facility closures. Despite this, the pandemic has accelerated the trend toward remote work, e-commerce, and automation, all of which present potential opportunities for the micro server IC industry.
Factors Influencing
Geographic Overview
Asia-Pacific is forecast to grow rapidly due to the increasing demand for micro servers from small and medium enterprises. In addition, the growing penetration of internet services, adoption of smart devices has led to the growth of the global micro server IC market in the region.
By 2025, China plans to invest over USD 1.4 trillion in conjunction with government and commercial technology giants such as Alibaba and Huawei. It will help in the development of connected devices, AI, and autonomous driving applications, which will drive the growth of computing applications in the region.
Market Segmentation
The global micro server IC market is segmented on the basis of Computer, Application, End-User, and Region.
By Component
By Processor Type
By End-User
Insight by Region
Competitors in the Market