Data Center Accelerator Market is expected to generate a revenue of USD 159.86 Billion by 2030, Globally, at 47.06% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Data Center Accelerator Market.

JERSEY CITY, N.J., Jan. 26, 2023 /PRNewswire/ -- Verified Market Research® recently published a report, "Data Center Accelerator Market" By Processor Type (CPU, GPU, FPGA), By Application (Deep learning training, Public cloud interface), and By Geography.

As per the deep research carried out by Verified Market Research®, the global Data Center Accelerator Market size was valued at USD 5.19 Billion in 2021 and is projected to reach USD 159.86 Billion by 2030, growing at a CAGR of 47.06% from 2023 to 2030.

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Browse in-depth TOC on "Data Center Accelerator Market"

202 - Pages

126 – Tables

37 – Figures

Global Data Center Accelerator Market Overview

A data center accelerator is a piece of hardware or software that improves computer speed by interpreting visual data. Data center accelerators also play a role in the demand for artificial intelligence (AI)-powered data centers and the usage of AI-based services, both of which enhance data center performance. A data center accelerator is a piece of hardware or software that improves computer speed by processing visual data.

Over the next few years, the Data Center Accelerator Market is anticipated to be driven by the rising demand for artificial intelligence in HPC data centers and the expanding use of cloud-based services. Additionally, there are anticipated to be profitable development prospects in the field-programmable gate array (FGPA)-based accelerator industry for data centers.

Additionally, the market is anticipated to rise in the upcoming years due to the increasing emphasis on parallel computing in artificial intelligence (AI) data centers and the rapid growth of cloud-based services. Additionally, the market is expected to be driven by an increase in the number of businesses providing machine learning as a cloud service and an increase in the number of applications including voice recognition, fraud detection, voice search, recommendation systems, sentiment analysis, image recognition, motion detection, and others.

Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The "Global Data Center Accelerator Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Key Players

The "Global Data Center Accelerator Market" study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Intel Corporation, NVIDIA Corporation, Advanced Micro Devices Inc., Achronix Semiconductor Corporation, Oracle Corporation, Hewlett Packard Enterprise Company, Dell Technologies Inc., IBM Corporation Cisco Systems Inc., and Xilinx Inc.

Based on the research, Verified Market Research® has segmented the global Data Center Accelerator Market into Processor Type, Application, and Geography.

• Data Center Accelerator Market, by Processor Type
• CPU
• GPU
• FPGA
• ASIC
• Data Center Accelerator Market, by Application
• Deep learning training
• Public cloud interface
• Enterprise interface
• Data Center Accelerator Market, by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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