Student Group

Market Overview

The data center network third-party hardware maintenance (TPHM) market has rapidly gained traction as enterprises seek cost-effective, flexible alternatives to original equipment manufacturer (OEM) support services. Third-party hardware maintenance involves the provision of service contracts and technical support by independent vendors after the OEM warranty expires. As companies prioritize budget efficiency and extended asset life cycles, TPHM has emerged as a strategic solution—particularly for network infrastructure within large-scale data centers. The global TPHM market in the data center networking segment was valued at over USD 4 billion in 2024 and is expected to grow steadily, driven by increasing data center capacities, rising hardware replacement costs, and a growing need for post-warranty support options.

Market Segmentation

The data center network third-party hardware maintenance market is segmented based on service type, hardware type, data center type, and end-user. By service type, offerings typically include preventive maintenance, corrective maintenance, remote monitoring,…

Market Overview

The global compensation software market has experienced significant expansion in recent years, as companies across industries increasingly prioritize structured, data-driven compensation strategies. Compensation software refers to digital platforms that automate salary planning, incentive management, equity distribution, and total rewards administration. These solutions help HR departments ensure fair pay, compliance, and transparency while improving employee retention and satisfaction. As businesses continue to adopt digital HR tools, the compensation software market has become a core component of integrated human capital management (HCM) systems. As of 2024, the global market is valued at approximately USD 2.5 billion and is projected to grow at a compound annual growth rate (CAGR) of 9–12% through 2030. This growth is being fueled by increased focus on employee engagement, the rise of remote work, and the need for equitable pay practices.

Market Segmentation

The compensation software market is segmented based on deployment mode, organization size, application,…

Market Overview

The calibration service market plays a vital role in ensuring the accuracy, consistency, and reliability of measurement instruments across various industries. Calibration services are essential for maintaining compliance with international standards and for the overall functionality and safety of equipment used in fields such as healthcare, aerospace, automotive, manufacturing, energy, and telecommunications. As technology advances and regulatory requirements grow stricter, organizations are increasingly turning to professional calibration service providers to ensure operational precision. The global calibration service market was valued at over USD 6 billion in 2024 and is expected to grow at a steady CAGR of 6.5% through 2030. This growth is fueled by rising demand for quality control, technological advancements, and the expansion of industrial automation globally.

Market Segmentation

The calibration service market is segmented based on service type, industry vertical, end-use application, and region. By service type, the market includes electrical, mechanical, thermodynamic, physical/dimensional, and…

Market Overview

The Application-Specific Integrated Circuit (ASIC) chip market is playing an increasingly vital role across various technology-driven industries. ASICs are custom-designed chips tailored for a specific application rather than general-purpose use. They offer advantages such as faster performance, reduced power consumption, and optimized size—factors that are crucial in today’s fast-evolving digital world. As industries like automotive, telecommunications, consumer electronics, and cryptocurrency mining expand, the demand for specialized, high-performance semiconductor solutions has grown significantly. In 2024, the global ASIC chip market is valued at around USD 18 billion, and it is projected to grow at a compound annual growth rate (CAGR) of approximately 8.5% through 2030, driven by advancements in artificial intelligence (AI), 5G networks, and blockchain applications.

Market Segmentation

The ASIC chip market is broadly segmented based on type, application, and end-user industry. By type, ASICs can be categorized into Full-Custom ASIC, Semi-Custom ASIC, and Programmable ASIC. Full-Custom chips…