Global Micro Server IC Market to Reach $4 Billion by 2030
The global market for Micro Server IC estimated at US$1.9 Billion in the year 2023, is expected to reach US$4 Billion by 2030, growing at a CAGR of 11.3% over the period 2023-2030. X86 Micro Server IC, one of the segments analyzed in the report, is expected to record 12.6% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth in the ARM Micro Server IC segment is estimated at 9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $485.4 Million, While China is Forecast to Grow at 15% CAGR
The Micro Server IC market in the U.S. is estimated at US$485.4 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$954.6 Million by the year 2030 trailing a CAGR of 15% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 9.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
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