Global Data Center Accelerator Market, By Processor Type (CPU (Central Processing Unit), GPU (Graphics Processing Unit), FPGA (Field-Programmable Gate Array), ASIC (Application-Specific Integrated Circuit)), Type (High-performance Computing Accelerator, Cloud Accelerator), Organization Size (Mid-size Data Centers, Large-size Data Centers), Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface) , End User (Telecommunication and IT, Healthcare, BFSI, Government, Energy, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)- Industry Trends and Forecast to 2029.
Market Analysis and Insights of Data Center Accelerator Market
Data center accelerator market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the data center accelerator market to exhibit a CAGR of 46.6% for the forecast period of 2022 to 2029.
A data center accelerator is basically a software program or hardware device which enhances the overall performance of the computer by processing visual data. Moreover, they also generally assist in increasing the consumer-centric data demand and enhancing the use of artificial intelligence (AI)-based services to propel the demand for AI-driven data centers, this, in turn, improves the performance of data center.
The rising focus towards parallel computing in artificial intelligence (AI) data centers and escalating number of companies offering machine learning across the world will emerge as the major factor driving market growth. Furthermore, the high development in cloud-based services and increasing demand for AI in HPC data centers along with rising demand for enhancement of application performance and increase consumer-driven data demand will further aggravate the market value. The mounting need for data centers and cloud resources from both the business viewpoint and consumer service has led to the development of large-scale public cloud data centers are projected to boost the overall growth of the market. However, premium pricing of accelerators and dearth of AI hardware specialists act as a restraint for the market. The limited AI hardware experts is also projected to hamper market’s growth within the forecasted period.
In addition to this, the incorporation of virtual reality and augmented reality for the digital customer engagement are estimated to create new opportunities for growing the market within the forecast period. The unpredictability of AI algorithms along with the creating models and mechanisms of AI in cloud result as a challenge for the market.
This data center accelerator market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on data center accelerator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Data Center Accelerator Market Scope and Market Size
The data center accelerator market is segmented on the basis of processor type, type, organization size, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of processor type, the data center accelerator market has been segmented into CPU (central processing unit), GPU (graphics processing unit), FPGA (field-programmable gate array) and ASIC (application-specific integrated circuit).
- On the basis of type, the data center accelerator market has been segmented into high-performance computing accelerator and cloud accelerator.
- On the basis of organization size, the data center accelerator market has been segmented into mid-size data centers and large-size data centers.
- Data center accelerator market has also been segmented on the basis of application into deep learning training, public cloud interface and enterprise interface.
- On the basis of end user, the data center accelerator market has been segmented into telecommunication and IT, healthcare, BFSI, government, energy and others.
Data Center Accelerator Market Country Level Analysis
The data center accelerator market is segmented on the basis of processor type, type, organization size, application and end user.
The countries covered in the data center accelerator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the data center accelerator market due to the strong deployment of hybrid cloud technology in the region. Asia-Pacific region, on the other hand, is projected to undergo substantial during the forecast period owing to the growing demand for sophisticated services and infrastructure in this particular region.
The country section of the data center accelerator market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Data Center Accelerator Market Share Analysis
The data center accelerator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to data center accelerator market.
Some of the major players operating in the data center accelerator market report are NVIDIA Corporation, AVOXI, ABC.xyz.., Clarifai Inc., Intel Corporation, Lattice Semiconductor, MicroSemi, Advanced Micro Devices Inc., Achronix Semiconductor Corporation, Oracle, Xilinx, Algolux, IBM., Ultra Leap, Hewlett Packard Enterprise Development LP, Mad Street Den Inc., Dell Inc., Lenovo, Lattice Semiconductor, Ditto Labs, Fujitsu and Cisco among others.