DUBLIN–(BUSINESS WIRE)–The “Data Center Accelerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global data center accelerator market size reached US$ 11.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 55.7 Billion by 2027, exhibiting a CAGR of 29.52% during 2021-2027.
Companies Mentioned
- 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.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Data center accelerators perform complex computational functions to facilitate a significant increase in the performance of data centers. They consume less power due to their resource-sharing capability with the main processor and reduce the overall cost by improving power efficiency.
They can also speed up deep learning, machine learning (ML), and high-performance computing (HPC) workloads of modern data centers. At present, the rising need to increase the networking bandwidth is propelling the use of data center accelerators for managing complex data sets and analytics workloads with optimal performance and rapid efficiency.
A shift towards remote working culture on account of the coronavirus disease (COVID-19) outbreak and strict lockdown in various countries has positively influenced the use of artificial intelligence (AI) to ease business operations. This is driving the need for data center accelerators to manage AI workloads.
Apart from this, due to escalating demand for accelerated computing, there is a rise in the adoption of on-demand graphics processing unit (GPU) cloud computing-based solutions that can run compute-intensive workloads and offer high bandwidth. This is contributing to the growth of the market.
Moreover, gaming companies are focusing on expanding their online cloud gaming services using hardware-based GPU virtualization to support real personal computer (PC) gameplay. This, in confluence with the increasing number of individuals who want to experience realistic online games, is strengthening the market growth.
Furthermore, rising number of enterprises are offering machine learning (ML) as a cloud service for applications in voice recognition, fraud detection, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection. This is anticipated to expand the applications of data center accelerators worldwide.
Key Questions Answered in This Report:
- How has the global data center accelerator market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global data center accelerator market?
- What are the key regional markets?
- What is the breakup of the market based on the accelerator type?
- What is the breakup of the market based on the processor type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global data center accelerator market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Data Center Accelerator Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Accelerator Type
7 Market Breakup by Processor Type
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/1k74lm
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