Global Microserver IC: Regional Insights
On the basis of region, the global microserver IC market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
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.
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.
Microserver Ic Market Report Snapshots
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