Press release
Data Center Accelerator Market Size: Industry Overview, Outlook, Trends, Analysis and Forecast
According to IMARC Group's latest report, titled "Data Center Accelerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the global data center accelerator market size reached US$ 11.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 55.7 Billion by 2027, exhibiting a growth rate (CAGR) of 31.62% during 2022-2027.Data centre accelerators perform complex computational functions to facilitate a significant increase in the performance of data centres. They consume less power due to their resource-sharing capability and reduce the overall cost by improving power efficiency. In addition, they are utilized to speed up machine learning (ML), deep learning, and high-performance computing (HPC) workloads of modern data centres.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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Global Data Center Accelerator Market Trends:
The demand for data centre accelerators has escalated to manage AI workloads. For instance, the rising adoption of remote working culture due to the rapid onset of coronavirus disease (COVID-19) has increased the use of artificial intelligence (AI) to ease business operations. Besides this, extensive usage of accelerated computing has increased the need for on-demand graphics processing unit (GPU) cloud computing-based solutions to run compute-intensive workloads, which represents another growth-inducing factor. Furthermore, key players are offering machine learning (ML) as a cloud service for fraud detection, voice recognition, recommendation engines, voice search, sentiment analysis, image recognition, and motion detection applications. On account of these factors, the market is expected to witness positive growth in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global data center accelerator market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on accelerator type, processor type and application.
Competitive Landscape:
Achronix Semiconductor Corporation
Advanced Micro Devices Inc.
Cisco Systems Inc.
Dell Technologies Inc.
Gyrfalcon Technology Inc
Intel Corporation
International Business Machines Corporation
Marvell Technology Inc.
Microsemi Corporation (Microchip Technology Inc.)
Nvidia Corporation
Qualcomm
Xilinx Inc.
Breakup by Accelerator Type:
High-performance Computing
Cloud Accelerator
Breakup by Processor Type:
Central Processing Unit (CPU)
Graphics Processing Unit (GPU)
Field-Programmable Gate Array (FPGA)
Application-specific Integrated Circuit (ASIC)
Breakup by Application:
Deep Learning Training
Public Cloud Interface
Enterprise Interface
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://bit.ly/3nAwZwr
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Other Reports by IMARC Group:
Data Center Automation Market Share: https://bit.ly/3key8YS
Pyrethroids Market Size: https://bit.ly/3eiCdIM
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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