Arm is known for its chipset intellectual property (IP), which is widely used in mobile devices as well as network infrastructure. Recently, the company has been making a concerted effort to gain even more market share in the network infrastructure space because it predicts the ecosystem is going to undergo significant change as the number of end devices proliferate.
The company predicts that the number of IoT and other endpoint devices will, ultimately, far surpass the current number of global smartphones. To meet the demand, the company unveiled in late 2018 its Arm Neoverse brand for high-performance computing and storage in network infrastructure.