The global data center chip market is forecast to reach around 15.64 billion U.S. dollars in size by 2025, more than double the size recorded in 2017. The market growth is enabled by cloud computing and the developments in chip technology.
The cloud
Advancements to the cloud has seen IT departments turning to datacenter automation to support large-scale environments and infrastructure, while simultaneously improving operational efficiency and productivity. In 2020, cloud IT infrastructure spending is expected to reach 69.2 billion U.S. dollars.
AI chips
In order to provide greater security and efficiency, many data centers are overseeing the widespread implementation of artificial intelligence (AI) in their processes and systems. AI technologies and tasks require specialized AI chips that are more powerful and optimized for advanced machine learning (ML) algorithms, owning to an overall growth in data center chip revenues.
Data center chip market revenue worldwide in 2017 and 2025
(in billion U.S. dollars)
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Allied Market Research. (January 31, 2019). Data center chip market revenue worldwide in 2017 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 02, 2020, from https://www.statista.com/statistics/1084884/worldwide-data-center-chip-revenue/
Allied Market Research. "Data center chip market revenue worldwide in 2017 and 2025 (in billion U.S. dollars)." Chart. January 31, 2019. Statista. Accessed June 02, 2020. https://www.statista.com/statistics/1084884/worldwide-data-center-chip-revenue/
Allied Market Research. (2019). Data center chip market revenue worldwide in 2017 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 02, 2020. https://www.statista.com/statistics/1084884/worldwide-data-center-chip-revenue/
Allied Market Research. "Data Center Chip Market Revenue Worldwide in 2017 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2019, https://www.statista.com/statistics/1084884/worldwide-data-center-chip-revenue/
Allied Market Research, Data center chip market revenue worldwide in 2017 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1084884/worldwide-data-center-chip-revenue/ (last visited June 02, 2020)
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