Dell’Oro Group reports data center component revenue rose in 4Q 2025

Data Center IT Components revenue expanded in 4Q 2025 driven by large-scale Artificial Intelligence (AI) infrastructure deployments and demand for AI and general-purpose components, information that matters for procurement, capacity planning, and platform migration timelines.

Market Overview

Dell’Oro Group reported the Data Center IT Components market continued to expand in 4Q 2025, supported by ongoing deployment of large-scale AI infrastructure and strong demand across both AI and general-purpose data center components.

Key Findings

“Hyperscalers rapidly scaled AI infrastructure in 2025, driving strong demand not only for AI accelerators but also for the broader ecosystem of components supporting these deployments,” said Baron Fung, Sr. Research Director at Dell’Oro Group.

“NVIDIA’s Blackwell platform continued scaling across major cloud providers, and we expect hyperscalers to begin transitioning to next-generation platforms Vera Rubin later this year. AMD’s upcoming MI400 platform is also expected to ramp later this year, increasing diversity in the merchant accelerator market. In addition to Google and Amazon driving significant volumes for both internal and external consumption, other US and Chinese hyperscalers are expanding deployments of custom accelerators, particularly for inference workloads,” said Fung.

Segment or Supplier Performance

NVIDIA led vendors in data center IT component revenue, followed by SK Hynix and Samsung. NVIDIA’s performance reflected the strong ramp of the Blackwell platform, which includes GPUs, CPUs, and NICs. SK Hynix and Samsung benefited from surging High Bandwidth Memory (HBM) demand and rising DRAM and Solid-State Drive (SSD) prices.

Technology or Trend Analysis

High-end accelerators are identified as the largest contributor to revenue growth in 2026, supported by the launch of NVIDIA’s Vera Rubin and AMD’s MI400 rack-scale platforms. The report also notes next-generation custom accelerators from Google and Amazon and expanding deployments of custom inference accelerators by other US and Chinese hyperscalers.

Forecast or Analyst Outlook

The Server and Storage Systems Component market is forecast to grow 75 percent in 2026. The report also states hyperscalers are expected to begin transitioning to Vera Rubin later in the year and that AMD’s MI400 is expected to ramp later in the year.

The report links AI infrastructure deployments, accelerator platform ramps, and rising DRAM and SSD prices to late-2025 expansion and to expected 2026 growth, and it is relevant for enterprise IT leaders and technical decision-makers tracking component supply, pricing, and platform migration timelines. This Analyst Signals brief reflects a neutral, fact-based summary of the original research note.