Report ID: SQMIG45K2098
Report ID:
SQMIG45K2098 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|
Tables:
62 |
Figures:
75
North America maintains its dominance in the market, a trend anticipated to persist throughout the forecast period. The region's stronghold is propelled by heightened R&D investments in miniaturized Integrated Circuits (ICs), which are poised to significantly boost the demand for micro server IC systems. The increased focus on research and development activities underscores the commitment to technological advancements and innovation, particularly in the realm of compact and efficient ICs. This surge in demand aligns with the broader trend of miniaturization in electronics, where microserver ICs play a pivotal role in delivering high performance within constrained spaces.
The Asia-Pacific is composed to display the rapid growth in the market, mainly attributable to the occurrence of countries with substantial populations and an increasing acceptance of micro servers, chiefly among small and medium enterprises. The explosion of internet services and the widespread adoption of smart devices have led to a significant uptick in data generation, therefore driving the growth of data centers in the APAC region. The rising significance of micro servers, considered by their low power consumption solutions suitable for light load applications in data centers, is a key driver of market growth. For instance, China has arisen as a focal point in the IT market, with data centers ahead of prominence. China's strategic investment of an estimated USD 1.4 trillion over six years until 2025, in partnership with both government and private technology giants underscores a promise to create opportunities for connected devices, artificial intelligence, and autonomous pouring applications.
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Report ID: SQMIG45K2098