Data Center Accelerator Market Worth $64.0 billion by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 3, 2022 /PRNewswire/ -- Data Center Accelerator market size is estimated to be USD 21.2 billion in 2022 and is projected to reach USD 64.0 billion by 2027, at a CAGR of 24.7% during the forecast period according to a new report by MarketsandMarkets™. Key factors propelling the market growth include rising focus on parallel computing in AI data centers, growth of the cloud-based service market, growing usage of deep learning technologies in big data analytics, and increasing adoption of data center accelerators in enterprises.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48984803

Browse in-depth TOC on "Data Center Accelerator Market" 
131 – Tables
51 – Figures
244 – Pages

HPC Data Center segment is expected to grow at a significant CAGR between 2022 - 2027.

HPC is used to solve complex, performance-intensive problems-and organizations are increasingly moving HPC workloads to the cloud. HPC in the cloud is changing the economics of product development and research because it requires fewer prototypes, accelerates testing, and decreases time to market. Hence, HPC Data Centers will witness a significant growth rate in the forecast period.

Public Cloud Inference to grow at a significant growth rate during the forecast period.

The growing presence of the public cloud drives the demand for data center accelerators, owing to which key players are continuously focusing on cloud data center applications and also updating their product portfolio in a similar context. Hence, public cloud inference is expected to grow at a significant growth rate.

ASIC processor type is expected to witness the highest CAGR in the forecast period.

The data center accelerator market for the ASIC segment is likely to witness the highest CAGR during the forecast period. The segment's growth can be attributed to the increasing adoption of ASICs for accelerating enterprise workloads. With the exponential data growth, data center operators have to balance the need for performance at scale and operational efficiencies. Thus, data center operators widely adopt Intel Xeon Scalable processors to support data-intensive performance requirements.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=48984803

Asia Pacific region to grow at the highest CAGR between 2022 – 2027.

Asia Pacific is expected to dominate the data center accelerator market in terms of value in 2027 and grow at the highest CAGR during the forecast period. The growth and demand for data centers in China due to the factor that the organizations in the country seek enhanced connectivity and scalable solutions for their growing businesses has led to a contributory factor behind the growth of the data center accelerator market in the Asia Pacific region. Another factor contributing to the growth of the market in this region is the increasing investments by the Chinese Government to stimulate technological development has instigated the adoption of cloud-based services, big data analytics, and the Internet of Things (IoT).

A few of the key players in the Data Center Accelerator market are Intel Corporation (US), NVIDIA Corporation (US),  Advanced Micro Devices, Inc (US), Micron Technology, Inc. and Qualcomm Technologies, Inc. (US), Google (US), IBM Corporation (US), Marvell (US), Achronix Semicondictor Corporation (US), Dell Inc. (US), Graphcore (UK), Huawei Technologies (China), Fujitsu (Japan), Wave Computing (US), SambaNova Systems, Inc. (US), Gyrfalcon Technology Inc. (US), NEC Corporation (Japan), Lattice Semiconductor (Oregon), Enflame Technology  (China), Microchip Technology Inc. (Arizona), LeapMind Inc. (Japan), QNAP Systems, Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Semptian (China), Cisco Systems, Inc. (US).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=48984803 

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Microprocessor and GPU Market with COVID-19 Impact Analysis by Architecture, Functionality, GPU Type, Deployment, Application (Consumer Electronics, Server and Data Center, Automotive, BFSI, Industrial), and Geography - Global Forecast to 2025

FPGA Market by Configuration (Low-End FPGA, Mid-Range FPGA, High-End FPGA), Technology (SRAM, Flash, Antifuse), Node Size (≤16 nm, 20–90 nm, and >90 nm), Vertical and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027

High-performance Computing (HPC) Market by Component, Computation Type (Parallel Computing, Distributed computing and Exascale Computing), Industry, Deployment, Server Price Band, Verticals & Region (2022-2027)

Optical Transceiver Market by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type, Connector, Distance, Protocol, Application (Data Center, Enterprise), and Region (2021-2026)

Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region - Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/data-center-accelerator-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/data-center-accelerator.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg