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 reached a value of US$ XX Billion in 2021. 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.

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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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. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

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)

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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.

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