
Global Smart NIC Market Growth 2023-2029
Description
Global Smart NIC Market Growth 2023-2029
According to our (LP Info Research) latest study, the global Smart NIC market size was valued at US$ 676.3 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Smart NIC is forecast to a readjusted size of US$ 1760.8 million by 2029 with a CAGR of 14.6% during review period.
The research report highlights the growth potential of the global Smart NIC market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Smart NIC are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart NIC. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart NIC market.
From a functional standpoint, NICs have historically been an essential board or chip in computing systems, enabling connectivity in networking systems. NICs, also known as network adapters, are used in computer systems, such as personal computers or servers, to establish a dedicated communication channel between the system and a data network. The NIC acts as a translator, taking host memory buffers and formatting them into structured packets for transmission over a network, usually Ethernet. The NIC also receives packets from the network and converts them into memory buffers for use by applications on the host.
A Smart NIC is a NIC with the addition of a programmable data processing unit (DPU) for network data acceleration and offload. The terms Smart NIC and DPU are often used interchangeably. Smart NICs add additional computing resources to the NIC to offload tasks from the host CPU, freeing the host CPU for more important tasks.
Global 5 largest manufacturers of Smart NIC are Marvell Technology Group, AMD, NVIDIA, Intel and Napatech, which make up about 88%. Among them, Marvell Technology Group is the leader with about 39% market share.
Americas is the largest market, with a share about 53%, followed by Asia-Pacific and Europe, with the share about 32% and 11%. In terms of product type, FPGA-based products occupy the largest share of the total market, about 94%. And in terms of product application, the largest application is Data Center, followed by Telecom.
Key Features:
The report on Smart NIC market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart NIC market. It may include historical data, market segmentation by Type (e.g., FPGA-based, Others), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart NIC market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart NIC market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart NIC industry. This include advancements in Smart NIC technology, Smart NIC new entrants, Smart NIC new investment, and other innovations that are shaping the future of Smart NIC.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart NIC market. It includes factors influencing customer ' purchasing decisions, preferences for Smart NIC product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart NIC market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart NIC market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart NIC market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart NIC industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart NIC market.
Market Segmentation:
Smart NIC market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
FPGA-based
Others
Segmentation by application
Data Center
Telecom
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Marvell Technology Group
AMD
NVIDIA
Intel
Napatech
Netronome
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart NIC market?
What factors are driving Smart NIC market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart NIC market opportunities vary by end market size?
How does Smart NIC break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
92 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Smart NIC Annual Sales 2018-2029
- 2.1.2 World Current & Future Analysis for Smart NIC by Geographic Region, 2018, 2022 & 2029
- 2.1.3 World Current & Future Analysis for Smart NIC by Country/Region, 2018, 2022 & 2029
- 2.2 Smart NIC Segment by Type
- 2.2.1 FPGA-based
- 2.2.2 Others
- 2.3 Smart NIC Sales by Type
- 2.3.1 Global Smart NIC Sales Market Share by Type (2018-2023)
- 2.3.2 Global Smart NIC Revenue and Market Share by Type (2018-2023)
- 2.3.3 Global Smart NIC Sale Price by Type (2018-2023)
- 2.4 Smart NIC Segment by Application
- 2.4.1 Data Center
- 2.4.2 Telecom
- 2.4.3 Others
- 2.5 Smart NIC Sales by Application
- 2.5.1 Global Smart NIC Sale Market Share by Application (2018-2023)
- 2.5.2 Global Smart NIC Revenue and Market Share by Application (2018-2023)
- 2.5.3 Global Smart NIC Sale Price by Application (2018-2023)
- 3 Global Smart NIC by Company
- 3.1 Global Smart NIC Breakdown Data by Company
- 3.1.1 Global Smart NIC Annual Sales by Company (2018-2023)
- 3.1.2 Global Smart NIC Sales Market Share by Company (2018-2023)
- 3.2 Global Smart NIC Annual Revenue by Company (2018-2023)
- 3.2.1 Global Smart NIC Revenue by Company (2018-2023)
- 3.2.2 Global Smart NIC Revenue Market Share by Company (2018-2023)
- 3.3 Global Smart NIC Sale Price by Company
- 3.4 Key Manufacturers Smart NIC Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Smart NIC Product Location Distribution
- 3.4.2 Players Smart NIC Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
- 4 World Historic Review for Smart NIC by Geographic Region
- 4.1 World Historic Smart NIC Market Size by Geographic Region (2018-2023)
- 4.1.1 Global Smart NIC Annual Sales by Geographic Region (2018-2023)
- 4.1.2 Global Smart NIC Annual Revenue by Geographic Region (2018-2023)
- 4.2 World Historic Smart NIC Market Size by Country/Region (2018-2023)
- 4.2.1 Global Smart NIC Annual Sales by Country/Region (2018-2023)
- 4.2.2 Global Smart NIC Annual Revenue by Country/Region (2018-2023)
- 4.3 Americas Smart NIC Sales Growth
- 4.4 APAC Smart NIC Sales Growth
- 4.5 Europe Smart NIC Sales Growth
- 4.6 Middle East & Africa Smart NIC Sales Growth
- 5 Americas
- 5.1 Americas Smart NIC Sales by Country
- 5.1.1 Americas Smart NIC Sales by Country (2018-2023)
- 5.1.2 Americas Smart NIC Revenue by Country (2018-2023)
- 5.2 Americas Smart NIC Sales by Type
- 5.3 Americas Smart NIC Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Smart NIC Sales by Region
- 6.1.1 APAC Smart NIC Sales by Region (2018-2023)
- 6.1.2 APAC Smart NIC Revenue by Region (2018-2023)
- 6.2 APAC Smart NIC Sales by Type
- 6.3 APAC Smart NIC Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
- 7 Europe
- 7.1 Europe Smart NIC by Country
- 7.1.1 Europe Smart NIC Sales by Country (2018-2023)
- 7.1.2 Europe Smart NIC Revenue by Country (2018-2023)
- 7.2 Europe Smart NIC Sales by Type
- 7.3 Europe Smart NIC Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Smart NIC by Country
- 8.1.1 Middle East & Africa Smart NIC Sales by Country (2018-2023)
- 8.1.2 Middle East & Africa Smart NIC Revenue by Country (2018-2023)
- 8.2 Middle East & Africa Smart NIC Sales by Type
- 8.3 Middle East & Africa Smart NIC Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Smart NIC
- 10.3 Manufacturing Process Analysis of Smart NIC
- 10.4 Industry Chain Structure of Smart NIC
- 11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Smart NIC Distributors
- 11.3 Smart NIC Customer
- 12 World Forecast Review for Smart NIC by Geographic Region
- 12.1 Global Smart NIC Market Size Forecast by Region
- 12.1.1 Global Smart NIC Forecast by Region (2024-2029)
- 12.1.2 Global Smart NIC Annual Revenue Forecast by Region (2024-2029)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Smart NIC Forecast by Type
- 12.7 Global Smart NIC Forecast by Application
- 13 Key Players Analysis
- 13.1 Marvell Technology Group
- 13.1.1 Marvell Technology Group Company Information
- 13.1.2 Marvell Technology Group Smart NIC Product Portfolios and Specifications
- 13.1.3 Marvell Technology Group Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.1.4 Marvell Technology Group Main Business Overview
- 13.1.5 Marvell Technology Group Latest Developments
- 13.2 AMD
- 13.2.1 AMD Company Information
- 13.2.2 AMD Smart NIC Product Portfolios and Specifications
- 13.2.3 AMD Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.2.4 AMD Main Business Overview
- 13.2.5 AMD Latest Developments
- 13.3 NVIDIA
- 13.3.1 NVIDIA Company Information
- 13.3.2 NVIDIA Smart NIC Product Portfolios and Specifications
- 13.3.3 NVIDIA Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.3.4 NVIDIA Main Business Overview
- 13.3.5 NVIDIA Latest Developments
- 13.4 Intel
- 13.4.1 Intel Company Information
- 13.4.2 Intel Smart NIC Product Portfolios and Specifications
- 13.4.3 Intel Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.4.4 Intel Main Business Overview
- 13.4.5 Intel Latest Developments
- 13.5 Napatech
- 13.5.1 Napatech Company Information
- 13.5.2 Napatech Smart NIC Product Portfolios and Specifications
- 13.5.3 Napatech Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.5.4 Napatech Main Business Overview
- 13.5.5 Napatech Latest Developments
- 13.6 Netronome
- 13.6.1 Netronome Company Information
- 13.6.2 Netronome Smart NIC Product Portfolios and Specifications
- 13.6.3 Netronome Smart NIC Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.6.4 Netronome Main Business Overview
- 13.6.5 Netronome Latest Developments
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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