Dell'Oro: Smart NIC market to grow at a 42% CAGR through 2027

AI servers will demand connectivity of 200 Gbps and higher speeds. #pressrelease

August 1, 2023

1 Min Read

REDWOOD CITY, Calif. – August 1, 2023 – According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Smart NIC market will grow at a 42 percent CAGR and exceed $5 Billion in 2027. Connectivity for accelerated servers for AI workloads and next generation hyperscale general-purpose servers will transition to 200 Gbps and higher-speed ports over the next several years.

Additional highlights from the July 2023 Ethernet Adapter and Smart NIC 5-Year Forecast Report include:

  • Total Ethernet Controller and Adapter market revenue is forecast to grow 14 percent by 2027.

  • 400 Gbps Ethernet adapter port shipments are expected to account for more than 10 percent of 25 Gbps and higher speed ports by 2027.

  • Smart NICs are expected to cannibalize Standard NICs during our forecast period.

Read the full press release here.

Dell'Oro

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