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Data Center Chip Market worth $390.65 billion by 2030 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Dec. 19, 2024 /PRNewswire/ — The global data center chip market is expected to grow from USD 206.96 billion in 2025 to USD 390.65 billion by 2030, growing at a CAGR of 13.5% from 2025 to 2030 according to a new report by MarketsandMarkets™. Data center chips have emerged as the epitome of technological growth. The growing emphasis on parallel computing in AI-based data centers is bound to drive innovation across industries such as BFSI, Healthcare, Retail, and E-commerce. In the BFSI industry, data centers are used for real-time processing and compliance, and retail and e-commerce use them for handling large volumes of customer data and supply chain management, among other things. Moreover, the growth in AI and general-purpose server shipment is likely to fuel the demand for data center chips.

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Browse in-depth TOC on “Data Center Chip Market” 
228 – Tables
68 – Figures
250 – Pages

Data Center Chip Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 206.96 billion

Estimated Value by 2030

$ 390.65 billion

Growth Rate

Poised to grow at a CAGR of 13.5%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Component, Application, Data Center Size, End User and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

High energy consumption by data center

Key Market Opportunities

Emergence of FPGA-based accelerators

Key Market Drivers

Rising focus on parallel computing in AI data center

By Application, the natural language processing segment is projected to grow at a significant CAGR of the data center Chip market during the forecast period.

The segment for natural language processing technology is expected to grow at a significant rate during the forecast period. Applications such as chatbots, virtual assistants, language translation services, sentiment analysis, and text analytics need NLP to process and understand human languages. Since the application is very wide, huge demand has been created for powerful AI chips that could handle extensive computational requirements for NLP tasks, driving growth in the data center chip market. From the invention of large-scale language models like GPT-4 and BERT, the complexity and size of NLP models increased. For instance, last May 2024, OpenAI released GPT-40, capable of reasoning on text, video, and audio in real-time; deployment in applications from content generation to virtual assistants underlines the fast-rising demand for data center chips supporting NLP.

In enterprise end-user healthcare segment is projected to grow at a high CAGR of the data center Chip industry during the forecast period.

The adoption rate for data center chips in healthcare is currently on the rise. The medical institutions and technology companies have started spurring advanced AI capabilities for improved diagnostics, treatment planning, and personalized medicine. In this respect, the adoption of AI based data center chips in the development of large language models and other AI-driven medical applications has totally revolutionized health sectors in terms of their enabling more accurate and timely medical interventions. In October 2022, Cerebras announced it was partnering with the Mayo Clinic to develop large language models for medical applications. They created the Rheumatoid Arthritis diagnostic model using the Cerebras CS-2 to integrate patient records, DNA data, and drug information to pair patients with the most effective therapeutics. Such AI-based data center chips would thus be most critical in furthering personalized medicine, in which treatment plans are tailored for a unique genetic and medical profile for each patient within the processing of these vast data sets and intricate algorithms.

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Japan holds the second-largest market in Asia Pacific during the forecast period.

The diversity of cloud providers in Japan entering the data center business has significantly increased over the last 3–5 years. Japan, being the leader in adopting advanced communications technology, was one of the first countries to witness a surge in data center interconnect (DCI) bandwidth requirements. Due to the reliable DCI in Japan, the adoption of 5G and edge computing is very high. For instance, in February 2022, GLP announced its 900 MW data center expansion plants in Japan. This gives modular data center vendors a huge opportunity to provide reliable and efficient components for data center continuity. The market in Japan has evolved due to the emergence of international hyper-scale cloud providers. Cloud service providers like Amazon Web Services (AWS), Google, Microsoft Azure, SoftLayer, and IBM are expanding their presence in Tokyo and Osaka. Thus, the need for modular data centers is expected to rise as these hyper-scalers are driving the need for IoT and edge computing.

The major players in the data center chip companies are AMD (US), Intel Corporation (US), NVIDIA Corporation (US), AWS (US), Google (US), Samsung (South Korea), SK HYNIX Inc. (South Korea), Alibaba (China), Micron Technology (US), Monolithic Power Systems, Inc. (US) among others.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

AI Chip Market Size, Share & Industry Trends Growth Analysis Report by Offerings (GPU, CPU, FPGA, NPU, TPU, Trainium, Inferentia, T-head, Athena ASIC, MTIA, LPU, Memory (DRAM (HBM, DDR)), Network (NIC/Network Adapters, Interconnects)), Function (Training, Inference) & Region – Global Forecast to 2029

Data Center Accelerator Market Size by Processor (GPU, CPU, ASIC, FPGA), Type (Cloud Data Center, HPC Data Center), Application (Deep Learning Training, Enterprise Inference), End-user (IT & Telecom, Healthcare, Energy) and Region – Global Forecast to 2029

Data Center GPU Market Size, Share & Industry Trends Analysis Report by Deployment Type (Cloud, On-premise), Function (Training, Inference), End User (Cloud Service Providers, Enterprises, Government) and Region (North America, Europe, Asia Pacific, ROW) – Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Amasian TV Now on LG Channels: Your New Destination for Korean Dramas and Trendy Asian Entertainment

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FULLERTON, Calif., Dec. 19, 2024 /PRNewswire/ — ODK Media, Inc., the powerhouse behind North America’s largest Korean streaming platform, is proud to announce its partnership with LG Electronics to launch Amasian TV channels on LG Channels.

Launching first in the U.S. and Canada in December 2024, Amasian TV offers over 200 fresh, premium movies and series, blending cultural richness with top-tier entertainment. Powered by advanced AI-driven analytics, Amasian TV ensures viewers always have access to trending, top-rated content.

Building on its reputation as a leader in Asian content distribution, ODK Media operates platforms like OnDemandKorea, OnDemandChina, and OnDemandViet, trusted by millions for premier entertainment. Leveraging its expertise in FAST (Free Ad-Supported Streaming TV) and multicultural audience insights, ODK is expanding partnerships with top streaming platforms and CTV providers to cater to general audience who love culturally rich content.

“We’re thrilled to partner with LG Electronics to bring Amasian TV to millions,” said Young Cha, Founder and CEO of ODK Media. “This partnership represents a significant milestone in our global mission to deliver premium, localized entertainment. With ODK’s FAST expertise and LG’s platform, we are redefining the global experience of Asian entertainment”

LG Channels, is a free streaming service offering 300+ curated live and on-demand channels, including movies, TV shows, news, sports, and kids’ content. Available on LG Smart TVs.

With the launch of Amasian TV on LG Channels, ODK Media continues to pave the way for global audiences to enjoy the best in Asian entertainment.

About ODK Media0
Since 2011, ODK Media, Inc. has been at the forefront of connecting global viewers to premium international content. Through its owned and operated OTT platforms, including Amasian TV, OnDemandKorea, OnDemandChina, and OnDemandViet, ODK Media offers top-tier entertainment to diverse audiences. The company’s extensive global content network provides comprehensive end-to-end solutions, including content IP distribution, localization, and monetization, to global service providers, broadcasters, and theaters. For more information, please visit www.odkmedia.net.

Media Contact
pr@odkmedia.net

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SOURCE ODK Media Inc.

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Malwarebytes Expands Corporate Go-To-Market Executive Leadership Team

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New leaders to Fuel Continued Growth and Expansion of Corporate Business Unit

SANTA CLARA, Calif., Dec. 19, 2024 /PRNewswire/ — Malwarebytes, a global leader in real-time cyber protection, today announced the expansion of its corporate go-to-market executive leadership team. For its Corporate business unit, Malwarebytes recently hired Andy Singer as Senior Vice President (SVP), Marketing; promoted Lee Wei to SVP, Customer & Product in September; and elevated Jason Coville to Chief Revenue Officer in April. These newly appointed leaders will spearhead revenue, product, marketing, and customer success efforts to support the continued small and medium business (SMB) and managed security provider (MSP) growth.

“We continue to see tremendous demand for advanced, cost-effective, and easy to use cybersecurity solutions for SMBs and MSPs,” said Marcin Kleczynski, Founder and CEO, Malwarebytes. “Jason, Lee Wei, and now Andy have stepped into new roles at a pivotal time as we continue to innovate and invest in our ThreatDown product family. Their expertise and unwavering passion for our mission—to conquer threats and empower IT—are essential as we continue to transform SMB cybersecurity.”

These three executives bring decades of security and go-to-market experience. Jason Coville previously served as the unit’s Chief Sales Officer, as CRO he will be responsible for aligning sales and marketing, while driving growth and maximizing profits. Lee Wei, previously served as VP, Global Field Technical Solutions and Operations, as SVP, Customer and Product, he will be responsible for aligning sales, marketing, and customer success, while driving growth and maximizing profits. Andy Singer previously served in a number of security marketing leadership positions for both public companies and startups, as SVP of Marketing he is responsible for global go-to-market strategy and execution.

Since growing the executive leadership team, ThreatDown, powered by Malwarebytes has expanded its product offerings, grown its channel business and partnerships and received multiple third-party validation awards. In just one year, the organization strengthened its product portfolio with bundles, Managed Detection & Response (MDR) enhancements, ARM-based support and Security Advisor with AI. Malwarebytes entered new strategic partnerships with Connectwise, TeamViewer, Onecom, SuperOps, Climb Channel Solutions among others. Third-party validation continues to be a focus for the company with ThreatDown earning every MRG Effitas award for three consecutive years, alongside multiple G2 accolades including leader recognition for Endpoint Detection and Response (EDR) and Managed Detection & Response (MDR), most implementable and best support.

To learn more about ThreatDown products and solutions, powered by Malwarebytes, visit the website, or follow us on LinkedIn and X.

About Malwarebytes
Malwarebytes is a global cybersecurity leader delivering award-winning endpoint protection, privacy and threat prevention solutions worldwide. Built on decades of experience as the last resort to find and eradicate the latest malware, Malwarebytes is now trusted by millions of individuals and organizations to stop threats at each stage of the attack lifecycle, secure digital identities and safeguard data and privacy. A world class team of threat researchers and proprietary AI-powered engines provide unmatched threat intelligence to detect and prevent known and unknown threats. The company is headquartered in California with offices in Europe and Asia. For more information and career opportunities, visit https://www.malwarebytes.com.

Malwarebytes Media Contact:
Julianne Cavanaugh, Public Relations
press@malwarebytes.com

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SOURCE Malwarebytes

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MAIRE SIGNS AN AGREEMENT FOR A JVC BETWEEN NEXTCHEM AND NEWCLEO TO PROVIDE HIGHLY QUALIFIED TECHNICAL SERVICES FOR THE DELIVERY OF POWER PLANTS BASED ON NEWCLEO’S 200 MWe NUCLEAR ADVANCED MODULAR REACTOR (AMR)

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The JVC will provide highly qualified technical services to newcleo for the delivery of design, critical equipment supply and project management integrationThe JVC will also look to offer its services to other SMR and AMR technology providersnewcleo will take a 40% stake in the JVC focused on creating new IP and performing technical services and NEXTCHEM will be granted newly issued shares up to 5% of newcleo’s share capital at pre-money valuationTECNIMONT (MAIRE integrated E&C solutions) will be granted preferred status as E&C solutions provider

MILAN, Dec. 19, 2024 /PRNewswire/ — MAIRE S.p.A. and newcleo Holding SA (“newcleo”) have signed an agreement for a Joint Venture Company (JVC) between MAIRE’s subsidiary NEXTCHEM (Sustainable Technology Solutions) and newcleo to develop a new generation commercial-scale power plant, based on newcleo’s 200 MWe Advanced Modular Reactor (AMR). According to newcleo’s plan, the first non-nuclear pre-cursor prototype of the AMR is expected to be ready by 2026 in Italy, the first reactor operational in France as of end 2031, while final investment decision for the first commercial power plant is expected around 2029.

 

newcleo’s LFR (Lead-cooled Fast Reactor)-AS-200 technology fully embodies the circular economy model using mixed oxide (MOX) as fuel (i.e. reprocessed nuclear wastes), in line with NEXTCHEM’s vision on circularity.

The JVC will facilitate and accelerate the development and commercialization of the “LFR-AS-200”, thanks to the synergic competences of the two shareholders in the energy industry.

Upon execution of binding agreements, newcleo will take a 40% stake in the NEXTCHEM’s newly incorporated company focused on creating new intellectual property (IP) and performing technical services. The deal will result in NEXTCHEM being granted newly issued shares up to 5% of newcleo’s share capital at pre-money valuation, subject to the achievement of certain milestones the first of which is newcleo’s entrance into the JVC, and the last being linked to the final investment decision (FID) by the first client.

NEXTCHEM will contribute to the JV skills, management and engineering competences and tools, as well as a dedicated commercial platform for the deployment of LFR-AS-200 projects, to complement newcleo’s ever growing expertise in the nuclear field.

The JVC will benefit from competences of both parties and create its own new IP. In particular, newcleo will develop the nuclear reactor for its own LFR-AS-200 technology, while NEXTCHEM will leverage its own distinctive know-how to enable the JVC to deliver the extended basic design, procure the critical proprietary equipment relevant to the Conventional Island and Balance of Plant of the nuclear power plant, and provide project management/integration services to newcleo.

The Conventional Island and the Balance of Plant are essential to convert nuclear energy into electrical power dispatchable to the grid or used to serve chemical districts according to NEXTCHEM’s e-Factory format, thus contributing to the decarbonization of the chemical industry by producing low-carbon chemicals and e-fuels.

The JVC will also provide integration services to other SMR (Small Modular Reactor) and AMR technology providers who are not competing with newcleo. This business model will serve the industrialization of the energy transition for any customer potentially interested in implementing power plants based on Generation IV nuclear technologies.

TECNIMONT (Integrated E&C Solutions) will be granted a preferred partner status for the delivery of projects, thanks to its state-of-the-art modularization approach to optimize construction and planning methodology, reducing time and costs.

The transaction is expected to be finalized by the end of February 2025.

Alessandro Bernini, CEO of MAIRE, commented: “This collaboration is a clear representation of our ability to offer a complete range of services for energy transition combining our innovative vision on sustainable technology solutions with our traditional competences in integrated engineering solutions. Today we set a further milestone in our progressive path to implement carbon-neutral chemistry models based on safe, reliable and competitive energy supply.”

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