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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.

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Optro Accelerates Global Growth with Singapore Hub, Delivering Agentic GRC to APAC Enterprises

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The GRC platform trusted by more than half of the Fortune 500, arrives in Asia Pacific, introducing the region’s first fully automated controls testing.

SINGAPORE, June 22, 2026 /PRNewswire/ — Optro (formerly AuditBoard), the leading AI-powered GRC platform empowering enterprises to transform risk into opportunity, today announced its expansion into Singapore, the company’s newest regional center and a major step forward in serving global GRC teams and providing localised support for its rapidly growing customer base in the Asia Pacific (APAC) region. The announcement took place at The Institute of Internal Auditors (IIA) International Conference 2026 in Singapore.

The move comes as organisations across the region navigate increasingly complex risk environments shaped by artificial intelligence (AI), cybersecurity threats, regulatory scrutiny, and accelerating digital transformation. According to the Internal Audit Foundation’s Risk in Focus 2026: APAC report, 39 percent of organisations identify digital disruption, including AI, among their most significant business risks, while 58 percent rank regulatory change among their highest audit priorities.

Singapore’s position as a regional financial centre, digital innovation hub, and leader in responsible AI development has made it a strategic base for companies supporting the next phase of enterprise risk management. As organisations across APAC face rising regulatory expectations, expanding digital risk surfaces and growing pressure to govern AI responsibly, demand is increasing for more connected approaches to audit, risk, compliance, and infosec.

Optro’s presence in Singapore is designed to meet that demand, providing audit, risk, compliance, and infosec practitioners in APAC access to the latest AI-powered technologies needed to stay agile in today’s demanding and ever-evolving regulatory environment. The company’s robust alliance network also pairs Optro’s best-in-class GRC capabilities with the subject-matter expertise of the world’s leading consulting firms, adding enhanced value for teams across the region.

“Global risk teams today are being asked to do more than ever before,” said Raul Villar Jr., Chief Executive Officer at Optro. “By bringing our innovative platform and expansive partner network to the heart of APAC, we’re providing the agentic tools and on-the-ground expertise to help our customers in the region navigate increasing risk and compliance complexity while adding strategic value to their organisations.”

“The localised support from a global GRC platform leader like Optro will strategically elevate its presence in the region and is expected to drive significant value for its customers,” said Rolando Caraig, Internal Audit Head at Fuse Financing Inc. and Former CAE at GCash. “Their shift toward agentic GRC marks a tipping point, enabling organisations to keep pace with today’s changing regulations and complex risk landscape.” 

“We are excited to have partnered with Optro,” said Harry Lim, Head, Group Audit at OCBC Bank. “At OCBC, we continuously enhance our audit capabilities to support the bank’s Next Frontier Strategy. Leveraging platforms like Optro allows us to sharpen our focus on what matters most and ensures consistent, high-quality audit delivery across the organisation. This partnership advances our broader goal of modernising the internal audit function, maintaining robust governance, and staying agile in an increasingly dynamic business environment.”

“Organisations across APAC are operating in an increasingly complex risk and regulatory environment, where speed, insight, and adaptability are critical,” said Gordon Tucker, Regional Managing Director for APAC, Protiviti. “Optro’s expansion into Singapore and its continued innovation in agentic GRC bring a powerful combination of technology and local proximity. Together, we are helping clients modernise internal audit and risk functions, automate routine work, and elevate their focus on strategic, forward-looking risk.”

This announcement follows Optro’s recent acquisition of Midship, the premier AI-native autonomous controls testing solution — a milestone that brings the first and only agentic system of action for GRC to market. Together, they automate up to 87 percent of controls management, giving auditors back the time to focus on strategic risk.

Optro’s continued momentum is also reflected across a string of recent industry recognition: a Leader designation in the The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q2 2026 Report and the 2025 Gartner® Magic Quadrant™ for Governance, Risk and Compliance (GRC) Tools, Assurance Leaders, Fast Company’s World’s Most Innovative Companies of 2026, G2’s 2026 Best Software Awards for Best GRC Software, and the Deloitte Technology Fast 500™ for the seventh year in a row.

To learn more about how Optro is transforming risk into opportunity for companies around the world, stop by Optro’s booth (#C01) at the IIA International Conference in Singapore, or visit Optro.ai.

About Optro

Optro (formerly AuditBoard) helps enterprises transform risk into opportunity, redefining GRC through an agentic system of action. More than 50% of the Fortune 500 trust Optro to elevate audit, risk, and compliance in addressing a new era of risk. Optro is top-rated by customers on G2 and was named a Leader in the 2025 Gartner® Magic Quadrant™ for Governance, Risk and Compliance (GRC) Tools, Assurance Leaders. To learn more, visit: optro.ai.

Contact:
Laura Groshans
press@optro.ai

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GoVeda Announces Seed Funding to Turn IP Into a Revenue Engine for Future Innovators

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SINGAPORE, June 22, 2026 /PRNewswire/ — GoVeda today announced that it has secured Seed funding to accelerate the development of its AI-native intellectual property platform, designed to turn IP into a revenue and margin engine for every business function.

In the AI era, IP becomes the core revenue and growth engine. Headquartered in Singapore, GoVeda brings AI-native IP capabilities to enterprises, researchers, and emerging technology companies, making IP accessible to every business function, from Product and R&D to Sales and Finance, delivering stronger protection, faster innovation, at a fraction of the cost.

“Our mission is to build an AI-native platform that puts IP in the hands of every team. For Product, it means faster time to market, knowing where the landscape is open before committing the roadmap. For R&D, never losing an invention and investing research budget where it builds real advantage. IP should be a growth engine for every function,” said Dr. Tai Cheng, CEO of GoVeda.

The new funding will support continued platform development, including advanced AI capabilities for patent discovery, strategic filing analysis, and portfolio intelligence. GoVeda aims to create a unified system that connects patent offices, enterprises, and innovators through transparent, data-driven insights.

About GoVeda

GoVeda is an AI-native intellectual property platform focused on empowering future innovators. By combining artificial intelligence with deep patent intelligence, GoVeda helps organizations make better decisions about patent filing, portfolio management, and monetization. The company is headquartered in Singapore. Learn more at www.goveda.com.

Media Contact
GoVeda Pte. Ltd.
Email: info@goveda.com
Web: www.goveda.com

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Scaled for Global Commerce: PhotonPay Reinforces Market Leadership at 2026 WAVES Summit

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Marking CEO Lewison Chen’s selection to the “36Under36” list, PhotonPay showcased its global industry influence and executive leadership at the 2026 WAVES Summit.

HONG KONG, June 22, 2026 /PRNewswire/ — PhotonPay, a next-generation financial operating system powered by stablecoins, achieved significant recognition at the 2026 WAVES Summit hosted by 36Kr, a pioneering platform dedicated to serving New Economy participants. PhotonPay’s Founder and CEO Lewison Chen was selected for 36Kr’s “2026 36Under36” Entrepreneurs List, while Sales VP Joey Xu joined a featured panel discussion to unpack the strategic resilience and high-conviction execution required to scale a business.

Visionary Leadership: Driving the Next-Generation Financial OS

The annual “36Under36” list recognizes 108 young leaders driving innovation across AI, deep technology, globalization, and emerging industries. This year’s cohort highlights entrepreneurs who are not simply pursuing market opportunities, but building the foundational systems that enable long-term economic transformation. For Lewison, this recognition underscores his strategic foresight in anticipating the deep structural shifts of global commerce. It validates his leadership in transitioning payments from a fragmented network of disconnected tools into an intelligent, unified operating system.

Under Lewison’s guidance, PhotonPay has established a robust global footprint, expanding to 14 strategic operational hubs across major financial jurisdictions, with a team of over 500 professional employees. Through deep technical and commercial partnerships with world-leading financial institutions, global card networks and banks, the platform now supports more than 60 major currencies, with its full product suite covering over 200 countries and regions. Today, this institutional-grade infrastructure is trusted by more than 200,000 businesses worldwide to secure, manage and optimize their cross-market financial operations.

Abstracting the friction of legacy global banking, PhotonPay operates as a unified financial operating system, which encapsulates multi-currency banking networks and stablecoin rails into a single, programmable infrastructure layer. Clients can run their capital workflows via an intuitive portal, or seamlessly extend these capabilities to their business applications via robust APIs. This modular OS coordinates the entire lifecycle of corporate capital, enabling multi-currency collections, real-time global payouts, card issuance, on/off-ramping, FX conversions and automated reconciliation within a secure and efficient ecosystem.

“Long-term infrastructure is never built on static formulas — it’s built on the conviction to turn macroeconomic uncertainty into operational certainty,” said Lewison Chen, Founder and CEO of PhotonPay.” Being recognized on the 36Under36 list reflects not just what PhotonPay has built, but what we believe the next generation of global financial infrastructure must become: programmable, adaptive, and borderless. We are investing heavily in our global network and technical architecture so that payments stop being a cost center and start being a strategic engine for growth.”

On the WAVES Stage: Redefining Capital Velocity for Global Businesses

Addressing the summit’s flagship panel, “Riding the Waves Before Anyone Believes,” PhotonPay’s Sales VP Joey Xu aligned these capabilities with real-world market execution.

“Global financial giants and legacy banks established the foundational networks of digital trade,” Joey noted during the discussion. “PhotonPay’s mission is not to disrupt this baseline, but to provide precise ecosystem adaptation. We translate complex, fragmented global banking structures into a tailor-made financial operating system optimized for the exact workflows of international businesses.”

Joey highlighted that multi-market organizations routinely drain liquidity and lose days of transaction velocity when transferring funds across disconnected collection, FX, and disbursement applications. PhotonPay resolves this by enabling businesses to retain global earnings in a multi-currency wallet, allowing balances to be instantly deployed for real-time operational expenses — such as global digital ad spends or logistics payouts. Unified approach like this has allowed PhotonPay to reduce global capital costs for its clients by more than 75% while boosting treasury operational efficiency by 60%.

When discussing long-term execution in a volatile market, Joey identified three core pillars of PhotonPay’s operational ethos:

Long Cycle: Building institutional-grade payment networks, technological foundations, and international regulatory licenses requires years of deliberate cultivation rather than reliance on short-term market trends.Granularity: Global infrastructure success depends on a meticulous focus on hyper-local compliance matrices, regional clearing frameworks, and real-time FX fluctuations.Continuous Listening: Sustainable growth relies on maintaining an ongoing dialogue with the market to capture the shifting realities of global commerce.

Moving forward, PhotonPay will continue to anchor its strategy in long-term infrastructure evolution, expanding the boundaries where payment technology intersects with core corporate operations. By pioneering the convergence of traditional finance with programmable architecture, stablecoin and agentic commerce, the company aims to deliver sustained value to the global trade ecosystem.

About PhotonPay

PhotonPay is a stablecoin-powered financial operating system built for the stablecoin era. Designed for modern enterprises, PhotonPay enables businesses to send, receive, convert, and settle funds across both fiat and stablecoin rails through a single, compliance-first integration, spanning 200+ countries and territories.

For more information, visit [www.photonpay.com].

 

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