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(I-SoftwareNews.Com, September 11, 2018 ) Micro servers are small equipment that are used in low power microprocessor chips and places where space is a major constraint. Most of the server motherboard functions are integrated on a single microchip, except DRAM, boot FLASH, and power circuits. A micro server Integrated Circuit (IC) consists of thousands or millions of transistors, resistors, or capacitors. To perform calculations, microserver ICs are used as a microprocessors.
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Microserver ICs Market: Key Trends
Increasing demand for cloud-based services and solutions among enterprises globally, is one of the key trends observed in the market. For instance, according to CISCO, the cloud-data center workload in 2016 was 199.4 million and it has increased up to 262.4 in 2017, globally. These microserver ICs provides several advantages over conventional servers such as they are less expensive and use less processing power over conventional. Therefore, microserver ICs are used in cloud for storing data. Hence, these factors are expected to fuel demand for microserver ICs over the forecasted period.
Global Microserver IC: Regional Insights
North America was the dominant region in the global microserver IC market in 2017, due to high presence of key players in the region. Microservers are increasingly being used across this region by various businesses as well as data centers and cloud companies such as Dell, HP, and IBM. These companies have directed their efforts in order to developed advanced microserver technology. This is therefore, expected to aid in the growth of the market in the region. The increasing usage of Big Data and Hadoop software in North American companies is also fueling the growth of the microserver IC market in the region as running these software requires datacenters in order to store large quantities of data.
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Asia Pacific region is expected to showcase a significant growth in the microserver IC market during the forecast period (2018-2026). High presence of semiconductor manufacturing companies such as Toshiba, Mitsubishi and Sony in countries such as China, Japan, and South Korea is one of the major factors boosting growth of the microserver IC market in the region. According to World Semiconductor Trade Statistics, semiconductor market share was US$ 412.2 billion growing at a CAGR of 21.6% in 2017 and is expected to grow at a CAGR of 15. 6% and reach US$ 477 billion in 2018.
Global Microserver IC: Competitive Landscape
Some of the key players operating in global microserver IC market include Intel Corporation, ARM Holdings PLC, Hewlett Packard Enterprise, Quanta Computer Inc., Applied Micro Circuits Corporation, Marvell Technology Group Ltd., Cavium Inc., Dell Technologies, Penguin Computing, and Ambedded Technology among others.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Source: EmailWire.com
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