Intel's 5 Biggest Announcements At The Data-Centric Innovation Summit

Data-Centric Opportunity Is $200B

In his opening keynote, Navin Shenoy, Intel's data center head, announced that the company has upgraded the total addressable market for data-centric businesses to $200 billion by 2022 from a $160 billion estimate that was made last year. The largest opportunity within that figure is the data center, which is estimated to become a $90 billion market in 2022 between solutions for network, memory, connectivity and AI. The second largest opportunity is non-volatile memory ($75 billion), followed by Internet of Things and advanced driver assistance systems ($33 billion) and field-programmable gate arrays, the company's reprogrammable chips ($8 billion).