Motherboards (Global Market)

2024: Growth in global motherboard sales by 3.4% to 78 million units

In 2024, the volume of the global motherboard market in physical terms reached 78 million units. This is 3.4% more than the previous year, when sales were estimated at 75.4 million units. Such data are contained in a study by ResearchAndMarkets, the results of which TAdviser got acquainted with in mid-September 2025.

One of the industry drivers analysts call the growing demand for motherboards in the segment of self-assembly of personal computers. Technological advances have a positive impact on the market: the release of new generation processors stimulates the need to update systems, which contributes to increased sales of motherboards. In addition, there is a significant demand for gaming computer solutions. The proliferation of remote and hybrid work models creates a need for additional computer equipment, which also leads to increased sales of products.

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The motherboard market is entering a watershed period characterized by rapid technological changes and the transformation of supply chains, analysts at ResearchAndMarkets said.

Sanctions and tariff policies of the American authorities, as noted, led to increased costs and strategic changes in production and supply processes. Companies are adapting to the new environment by diversifying production capacity, optimizing inventory management and coordinating pricing with partners. The list of leading motherboard suppliers on a global scale includes:

• Asus;
• Gigabyte Technology;
• MSI;
• ASRock;
• Lenovo Group;
• HP;
• Dell Technologies;
• Biostar Microtech International;
• Supermicro;
• EVGA;
• Advantech.

In monetary terms, the global motherboard market in 2024 is estimated at $19.24 billion, taking into account the supply of solutions for personal computers, servers and workstations. Analysts note that the rapid development of artificial intelligence has a significant impact on the industry. There is a growing demand among server and hyperscaler manufacturers for boards that can install up to eight powerful GPU-based accelerators. Against the background of automation of production and the rapid expansion of the infrastructure of the Internet of Things, the demand for motherboards certified for operation in a wide temperature range is growing - from minus 40 to plus 85 degrees Celsius.

Fluctuations in the price of raw materials, including silicon and copper, are cited as a key deterrent, which creates difficulties for manufacturers and affects profitability. In addition, competition between suppliers is intensifying.

In the future, analysts believe, the market will continue to demonstrate stable positive dynamics. The advent of new games, the development of artificial intelligence and high-performance computing are pushing manufacturers to create motherboards that meet these specific needs. Technological innovations further contribute to the expansion of the industry. There is a rapid growth in sales of computers with AI: if in 2024 such models accounted for 15.6% of total PC sales, then in 2025 the indicator is estimated to reach 31%.

According to ResearchAndMarkets, in 2025, motherboard shipments on a global scale will increase in physical terms by 2.3% year-on-year, reaching 79.77 million units. In monetary terms, the volume of the industry may be at the level of $22 billion. Analysts believe that in the future, the average annual growth rate in complex percentages (CAGR value) will be 14.36%. Thus, by 2030, sales could rise to $43.05 billion.^[1][2]

2023: 10.7% market drop to 75.4 million

In 2023, approximately 75.4 million motherboards were delivered globally. This is 10.7% less than the previous year, when shipments were estimated at 84.4 million units. The reduction is due to the difficult macroeconomic situation, high inflation and a decrease in consumer activity. This is stated in a study by Global Information, the results of which were published in early July 2024.

In monetary terms, the volume of the motherboard market in 2023 is estimated at $12.5 billion. ATX products occupy the largest share due to their adaptability and widespread use in industrial applications. In addition, Micro-ATX and Mini-ITX products are in demand. From a regional point of view, the largest market for motherboards is North America. Sales here are stimulated by a strong manufacturing sector, a high level of automation and the implementation Internet of things in various industries. In addition, the region leads in innovation and adoption of advanced technologies in many areas, including the aerospace, defense and automotive industries.

Europe, according to the report, ranks second in the ranking of the largest consumers of motherboards. There is a significant demand for modern and reliable computing solutions. The pursuit of digital transformation and Industry 4.0 is increasing demand for industrial products. In the European region, Germany in 2023 occupied the largest market share, while Britain recorded the highest growth rates. The study also said that in the Asia-Pacific region, efforts to automate and implement intelligent technologies create a favorable environment for the development of the motherboard industry. Here, China is the biggest player, with India showing the highest growth rate.

The key motherboard manufacturers are Gigabyte Technology, ASRock, Mitac Computing Technology, Asus, Super Micro Computer, Advantech, Biostar, MSI, EVGA, Shenzhen Seavo Technology, Sapphire, etc. These companies are said to be investing heavily in research and development to expand the product range. The rapid spread of the Internet of Things, including industrial, has had a significant impact on the motherboard industry. These systems often require high-performance hardware to analyze vast amounts of information. Against this background, industrial class boards are in great demand. In addition, the rapid introduction of artificial intelligence technologies contributes to the development of the industry. Cloud platform operators and hyperscalers are expanding their infrastructure by purchasing new servers.

Global Information analysts believe that in 2024, motherboard shipments on a global scale will grow by 3.9% on an annualized basis and reach 78.4 million units. In monetary terms, the volume of the industry may amount to $14.6 billion. However, the average annual growth rate in compound percentages (CAGR) until 2032 is expected to be 17.2%. As a result, by the end of the period under review, costs could reach $44.4 billion. The development of the market, according to the authors of the study, will be facilitated by the stabilization of the economic situation. Against this background, commercial customers can begin another cycle of updating the computer fleet, which will create an additional need for motherboards. ^[3]

2018:10% market drop to 40m

The volume of the global motherboard market in 2018 reached about 40 million units - this is how many units of products were supplied by manufacturers in total. Compared to 2017, shipments of devices decreased by more than 10%, and the negative trend may continue in the future. This was reported in January 2019 by the Taiwanese industry publication DigiTimes.

The leader in the motherboard market at the end of 2018 was the Taiwanese Asus, which released about 14-15 million products. Gigabyte Technology took the second place with a result of 10 million boards delivered, and Micro-Star International (MSI) closed the top three, selling about 6 million copies to the channel. ASRock became the fourth on the list, supplying 4 million devices. Thus, the leading group consists entirely of Taiwanese manufacturers.

Motherboard market dips 10% due to Intel processor shortage

The fall in the motherboard market in 2018 is primarily due to a decrease in the pace of computer hardware upgrades, as well as a shortage of Intel entry-level and mid-level processors. Because of this shortage, there were fewer boards entering the market than demand required.

The motherboard market is also expected to fall in 2019, but the decline will not be as strong as a year earlier, that is, by less than 10%. Asus, MSI and ASRock have a good chance of keeping hardware deliveries at 2018 levels by offering high-performance, expensive devices. At the same time, competitors including Gigabyte, Biostar Microtech International and Elitegroup Computer Systems (ECS) are likely to show falling sales due to the high share of entry-level products in their range.

One of the factors having a negative impact on the motherboard market at the beginning of 2019 is the weakening demand for this equipment from those engaged in the extraction of cryptocurrencies.^[4]

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