The Data Center Accelerators Market is anticipated to grow rapidly, with a compound annual growth rate (CAGR) of an outstanding 32.5% from 2021 to 2031, surpassing a valuation of $179,660.7 million. A number of important factors, such as the rapid development of mobile data and data centres, the growing emphasis on parallel computing in AI data centres, improvements in cloud-based services, and the rising uptake of rapidly developing technologies like IoT, AI, 5G, and big data are all driving the market expansion.
An enormous rise in mobile data has been caused by the widespread use of mobile devices and the quick development of data-intensive applications. As a result, there is a growing need for data centres to handle the processing, transfer, and storage of this data. By offloading and accelerating particular tasks, such as computational workloads and data processing, data centre accelerators play a critical role in improving the performance and efficiency of data centres. These accelerators meet the rising demands of the digital age by enabling quicker data processing, lower latency, increased energy efficiency, and higher scalability.
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Parallel computing has become a primary emphasis in data centre operations in the field of artificial intelligence (AI). To handle complicated AI workloads, AI data centres need to be extremely powerful. Parallel processing is a strength of data centre accelerators like graphics processing units (GPUs) and field-programmable gate arrays (FPGAs), which makes it possible for AI algorithms to operate more quickly and effectively. The demand for data centre accelerators that support parallel computing is increasing significantly as AI technologies are increasingly being adopted across a wide range of sectors.
The market for data centre accelerators has also grown as a result of developments in cloud-based services. With its scalability, flexibility, and cost-effectiveness, cloud computing has completely changed how businesses store, process, and retrieve data. Cloud-based services depend on data centre accelerators, which ensure quicker data processing and better performance for cloud applications. The need for data centre accelerators is anticipated to significantly increase as more companies move their operations to the cloud and use cloud services.
The demand for data centre accelerators is also being fueled by the growing uptake of cutting-edge technologies like the Internet of Things (IoT), artificial intelligence (AI), 5G, and big data. These technologies produce enormous amounts of data, which must be processed and analysed effectively. Data centre accelerators provide for quicker data processing and real-time insights, enabling organisations to fully utilise the capabilities of these game-changing technologies.
Highlighted with 83 tables and 84 figures, this 161-page report “Global Data Center Accelerator Market 2021-2031 by Processor Type (CPU, GPU, FPGA, ASIC), Deployment Mode (HPC Data Center, Cloud Data Center), Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface), Industry Vertical (IT & Telecom, Healthcare, BFSI, Gaming, Automotive), Organization Size (Large, SMEs), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global data center accelerator market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global data center accelerator market in every aspect of the classification from perspectives of Processor Type, Deployment Mode, Application, Industry Vertical, Organization Size, and Region.
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Based on Processor Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- CPU (Central Processing Unit)
- GPU (Graphics Processing Unit)
- FPGA (Field-Programmable Gate Array)
- ASIC (Application-specific Integrated Circuit)
Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- HPC Data Center
- Cloud Data Center
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Deep Learning Training
- Public Cloud Interface
- Enterprise Interface
Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- IT & Telecom
- Healthcare
- BFSI
- Gaming Industry
- Automotive
- Government
- Energy Industry
- Other Industry Verticals
By Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Large Enterprises
- SMEs
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Netherlands, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Processor Type, Application, and Industry Vertical over the forecast years are also included.
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Achronix Semiconductor Corporation
Advanced Micro Devices Inc.
Cisco Systems Inc.
Dell Technologies Inc.
Fujitsu Limited
Google, Inc.
IBM Corporation
Intel Corporation
NEC Corporation
NVIDIA Corporation
Qualcomm Technologies, Inc.
Xilinx Inc.
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