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Data center chip market to reach $56.80 billion by 2035, SNS says

Data center chip market to reach $56.80 billion by 2035, SNS says

SNS projected AI-driven growth in data center chips through 2035, while separate market releases pointed to expansion in RISC-V processors and Nordic data center construction as AI and digital infrastructure spending broadens.

Fact Check
The primary source press release 'Data Center Chip Market Size to Hit $56.80 Billion by 2035' confirms every specific element of the claim: the $56.80 billion 2035 figure, the 9.70% CAGR from 2025 to 2035, the SNS Insider attribution, and generative AI training plus enterprise inference as demand drivers across CPUs, GPUs, ASICs and accelerators. This is an accurate representation of a vendor market-forecast report. Note this reflects what SNS Insider forecasts (a commercial market-research projection), not an independently verified fact, but the claim only asserts what SNS Insider says, which is faithfully reported.
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Summary

SNS Insider said the global data center chip market was valued at $22.50 billion in 2025 and is projected to reach $56.80 billion by 2035, growing at a 9.70% CAGR as generative AI training, enterprise AI inference and hyperscaler spending lift demand for CPUs, GPUs, ASICs, FPGAs and other accelerators. The report said CPUs held about 35.23% of the market in 2025, GPUs are expected to grow fastest, large and hyperscale facilities accounted for 68.04% of revenue, and cloud service providers led end users while enterprises are forecast to be the fastest-growing customer segment at about 30.60% CAGR. In a separate ResearchAndMarkets.com release dated July 14, 2026, the global RISC-V market was projected to grow from $1.31 billion in 2026 to $4.85 billion by 2032, with the text citing a 24.3% CAGR and the tabulated attributes listing 24.0%, as demand rises for open-standard processor architectures, customizable accelerators and software tools tied to AI, edge computing and semiconductor independence. Another ResearchAndMarkets.com release dated July 14, 2026 projected the Nordic data center construction market will grow from an estimated $4.12 billion in 2025 to $13.81 billion by 2031 at a 22.3% CAGR, driven by hyperscale development, renewable energy adoption, high-density AI racks, advanced cooling and district-heating integration across Denmark, Finland, Iceland, Norway and Sweden. The reports cover different markets rather than a single event, but together they point to sustained AI-linked spending across chips, processor architecture and physical data center infrastructure.

Terms & Concepts
  • AI inference: The stage where a trained artificial intelligence model is used to generate outputs or predictions from new data.
  • ASICs: Application-specific integrated circuits designed for particular computing tasks, often to improve efficiency and lower cost for targeted workloads.
  • RISC-V: An open-standard instruction set architecture that lets chip designers build processors without relying on a proprietary ISA licensing model.