KEY SMARTNICS MARKET RESEARCH STATISTICS
Current Markets
Actual SmartNIC market (2021): $737M
SmartNIC market revenue from Amazon and Microsoft (2021): >80% by revenue
Percentage of SmartNIC ports going to Top 4 US cloud service providers in 2021: >90%
SmartNIC attach rate in 2021: 22% of all server shipments
Note: Amazon and Microsoft both build SmartNICs for their data centers (captive market)
Market Projections
Projected SmartNIC market: (2027): $1.9B
Projected SmartNIC market revenue from non-hyperscaler customers (2027): >20%
SmartNIC attach rate in 2027: 40% of all server shipments
Pricing
SmartNICs premium price over standard NICs: 3 to 10X
Background Statistics Useful in Evaluating SmartNICs
Typical percentage of server CPU cycles spent managing networking: 30% (Facebook)
Typical SmartNIC power draw: 20 to 90 watts
(Compiled by Baron Fung, Research Director at Dell’Oro Group. All figures from Dell’Oro Group unless otherwise indicated – updated 2/13/23. For more information on Dell’Oro Group’s industry-leading market research, email us at: [email protected].)