
The global Smart NIC market size is predicted to grow from US$ 879 million in 2025 to US$ 1996 million in 2031; it is expected to grow at a CAGR of 14.6% from 2025 to 2031.
From a functional standpoint, NICs have historically been an essential board or chip in computing systems, enabling connectivity in networking systems. NICs, also known as network adapters, are used in computer systems, such as personal computers or servers, to establish a dedicated communication channel between the system and a data network. The NIC acts as a translator, taking host memory buffers and formatting them into structured packets for transmission over a network, usually Ethernet. The NIC also receives packets from the network and converts them into memory buffers for use by applications on the host.
A Smart NIC is a NIC with the addition of a programmable data processing unit (DPU) for network data acceleration and offload. The terms Smart NIC and DPU are often used interchangeably. Smart NICs add additional computing resources to the NIC to offload tasks from the host CPU, freeing the host CPU for more important tasks.
Global 5 largest manufacturers of Smart NIC are Marvell Technology Group, AMD, NVIDIA, Intel and Napatech, which make up about 88%. Among them, Marvell Technology Group is the leader with about 39% market share.
Americas is the largest market, with a share about 53%, followed by Asia-Pacific and Europe, with the share about 32% and 11%. In terms of product type, FPGA-based products occupy the largest share of the total market, about 94%. And in terms of product application, the largest application is Data Center, followed by Telecom.
The “Smart NIC Industry Forecast” looks at past sales and reviews total world Smart NIC sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart NIC sales for 2025 through 2031. With Smart NIC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart NIC industry.
This Insight Report provides a comprehensive analysis of the global Smart NIC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart NIC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart NIC market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart NIC and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart NIC.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart NIC market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
FPGA-based
Others
Segmentation by Application:
Data Center
Telecom
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Marvell Technology Group
AMD
NVIDIA
Intel
Napatech
Netronome
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart NIC market?
What factors are driving Smart NIC market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart NIC market opportunities vary by end market size?
How does Smart NIC break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart NIC Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Smart NIC by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Smart NIC by Country/Region, 2020, 2024 & 2031
2.2 Smart NIC Segment by Type
2.2.1 FPGA-based
2.2.2 Others
2.3 Smart NIC Sales by Type
2.3.1 Global Smart NIC Sales Market Share by Type (2020-2025)
2.3.2 Global Smart NIC Revenue and Market Share by Type (2020-2025)
2.3.3 Global Smart NIC Sale Price by Type (2020-2025)
2.4 Smart NIC Segment by Application
2.4.1 Data Center
2.4.2 Telecom
2.4.3 Others
2.5 Smart NIC Sales by Application
2.5.1 Global Smart NIC Sale Market Share by Application (2020-2025)
2.5.2 Global Smart NIC Revenue and Market Share by Application (2020-2025)
2.5.3 Global Smart NIC Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Smart NIC Breakdown Data by Company
3.1.1 Global Smart NIC Annual Sales by Company (2020-2025)
3.1.2 Global Smart NIC Sales Market Share by Company (2020-2025)
3.2 Global Smart NIC Annual Revenue by Company (2020-2025)
3.2.1 Global Smart NIC Revenue by Company (2020-2025)
3.2.2 Global Smart NIC Revenue Market Share by Company (2020-2025)
3.3 Global Smart NIC Sale Price by Company
3.4 Key Manufacturers Smart NIC Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Smart NIC Product Location Distribution
3.4.2 Players Smart NIC Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Smart NIC by Geographic Region
4.1 World Historic Smart NIC Market Size by Geographic Region (2020-2025)
4.1.1 Global Smart NIC Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Smart NIC Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Smart NIC Market Size by Country/Region (2020-2025)
4.2.1 Global Smart NIC Annual Sales by Country/Region (2020-2025)
4.2.2 Global Smart NIC Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart NIC Sales Growth
4.4 APAC Smart NIC Sales Growth
4.5 Europe Smart NIC Sales Growth
4.6 Middle East & Africa Smart NIC Sales Growth
5 Americas
5.1 Americas Smart NIC Sales by Country
5.1.1 Americas Smart NIC Sales by Country (2020-2025)
5.1.2 Americas Smart NIC Revenue by Country (2020-2025)
5.2 Americas Smart NIC Sales by Type (2020-2025)
5.3 Americas Smart NIC Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart NIC Sales by Region
6.1.1 APAC Smart NIC Sales by Region (2020-2025)
6.1.2 APAC Smart NIC Revenue by Region (2020-2025)
6.2 APAC Smart NIC Sales by Type (2020-2025)
6.3 APAC Smart NIC Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Smart NIC by Country
7.1.1 Europe Smart NIC Sales by Country (2020-2025)
7.1.2 Europe Smart NIC Revenue by Country (2020-2025)
7.2 Europe Smart NIC Sales by Type (2020-2025)
7.3 Europe Smart NIC Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart NIC by Country
8.1.1 Middle East & Africa Smart NIC Sales by Country (2020-2025)
8.1.2 Middle East & Africa Smart NIC Revenue by Country (2020-2025)
8.2 Middle East & Africa Smart NIC Sales by Type (2020-2025)
8.3 Middle East & Africa Smart NIC Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Smart NIC
10.3 Manufacturing Process Analysis of Smart NIC
10.4 Industry Chain Structure of Smart NIC
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Smart NIC Distributors
11.3 Smart NIC Customer
12 World Forecast Review for Smart NIC by Geographic Region
12.1 Global Smart NIC Market Size Forecast by Region
12.1.1 Global Smart NIC Forecast by Region (2026-2031)
12.1.2 Global Smart NIC Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Smart NIC Forecast by Type (2026-2031)
12.7 Global Smart NIC Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Marvell Technology Group
13.1.1 Marvell Technology Group Company Information
13.1.2 Marvell Technology Group Smart NIC Product Portfolios and Specifications
13.1.3 Marvell Technology Group Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Marvell Technology Group Main Business Overview
13.1.5 Marvell Technology Group Latest Developments
13.2 AMD
13.2.1 AMD Company Information
13.2.2 AMD Smart NIC Product Portfolios and Specifications
13.2.3 AMD Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 AMD Main Business Overview
13.2.5 AMD Latest Developments
13.3 NVIDIA
13.3.1 NVIDIA Company Information
13.3.2 NVIDIA Smart NIC Product Portfolios and Specifications
13.3.3 NVIDIA Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 NVIDIA Main Business Overview
13.3.5 NVIDIA Latest Developments
13.4 Intel
13.4.1 Intel Company Information
13.4.2 Intel Smart NIC Product Portfolios and Specifications
13.4.3 Intel Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Intel Main Business Overview
13.4.5 Intel Latest Developments
13.5 Napatech
13.5.1 Napatech Company Information
13.5.2 Napatech Smart NIC Product Portfolios and Specifications
13.5.3 Napatech Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Napatech Main Business Overview
13.5.5 Napatech Latest Developments
13.6 Netronome
13.6.1 Netronome Company Information
13.6.2 Netronome Smart NIC Product Portfolios and Specifications
13.6.3 Netronome Smart NIC Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Netronome Main Business Overview
13.6.5 Netronome Latest Developments
14 Research Findings and Conclusion
*If Applicable.