NVIDIA CorporationNVIDIA is a key player, and the market growth is driven by AI and GPU demand, directly boosting its data center GPU sales.
The global data center semiconductor market is projected to grow from 86.8 billion dollars in 2024 to 265.8 billion dollars by 2029, at a compound annual growth rate of 25.1 percent, according to a new report by MarketsandMarkets. Growth is being driven by the rapid expansion of AI and generative AI workloads, increased investments by hyperscale cloud providers, rising demand for high-performance computing and accelerated processors, growing adoption of advanced memory technologies such as High Bandwidth Memory, and the need for high-speed, low-latency data processing in modern cloud data center infrastructures. The edge processor and GPU segment is expected to capture the largest market share by 2029, while temperature sensors are expected to hold the largest share among sensor segments. North America is expected to dominate the market during the forecast period, supported by significant investments in hyperscale data centers and the strong presence of major cloud service providers and semiconductor companies in the region. Key players in the market include NVIDIA, Intel, Advanced Micro Devices, and Cisco.
NVIDIA CorporationNVIDIA is a key player, and the market growth is driven by AI and GPU demand, directly boosting its data center GPU sales.
Advanced Micro Devices IncAMD is a key player in data center semiconductors, and the market growth driven by AI and HPC demand benefits its GPU and processor sales.
Cisco Systems IncCisco is listed as a key player; data center expansion increases demand for its networking equipment.
Intel CorporationIntel is a key player in data center semiconductors, benefiting from rising demand for processors and memory technologies.