Dublin, April 03, 2023 (GLOBE NEWSWIRE) -- The "Data Center Accelerators: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Center Accelerators estimated at US$33.4 Billion in the year 2022, is projected to reach a revised size of US$351.5 Billion by 2030, growing at a CAGR of 34.2% over the analysis period 2022-2030.
GPU, one of the segments analyzed in the report, is projected to record a 32.1% CAGR and reach US$128.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the CPU segment is readjusted to a revised 36.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.6 Billion, While China is Forecast to Grow at 33% CAGR
The Data Center Accelerators market in the U.S. is estimated at US$10.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$58 Billion by the year 2030 trailing a CAGR of 33% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 30.4% and 29.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 23.9% CAGR.
Select Competitors (Total 49 Featured) -
- Achronix Semiconductor
- Advanced Micro Devices (AMD)
- Cisco Systems, Inc.
- Clarifai Inc.
- Dell, Inc.
- Fujitsu Limited
- Intel Corporation
- International Business Machines Corporation
- Koixia Corporation
- Lattice Semiconductor Corporation
- Microsemi Corporation
- NVIDIA Corporation
- Oracle
- Xilinx
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 303 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $33.4 Billion |
| Forecasted Market Value (USD) by 2030 | $351.5 Billion |
| Compound Annual Growth Rate | 34.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Amidst the COVID-19 Pandemic & Economic Challenges, Data Center Business to Stay Afloat due to Shift towards Digital Infrastructure
- Data Centers Are the Starting Point for Successful Digital Transformation
- Companies to Witness Higher Velocity of Change in Digital Transformation: Global Digital Transformation Growth (In %) for 2019, 2021 and 2023
- Demand for Data Centers Surge as Remote Working Becomes the New Normal
- COVID-19 Mandated Shift of Companies Towards Remote Work Exerts Tremendous Pressure on Data Centers: WFM Employees as a % of the Total Workforce for 2019, 2020 and 2021
- Cloud Data Centers Allow Dynamic Scaling to Accommodate Increase in Remote Working
- Automated Data Centers Gain Notable Attention during COVID-19 Lockdowns
- Data Centers: Information Powerhouses for Modern Day Organizations
- An Introduction to Data Center Accelerators
- Global Market Prospects & Outlook
- GPU Leads Data Center Accelerators Market, FPGA Segment to Witness High Growth
- Enterprise Inference: The Fastest Growing Application
- Developed Regions Lead Global Data Accelerators Market
- Competition
- Vendor Activity Revs Up FPGA Space for Datacenter Accelerator Design
- Intel Bets Heavily on FPGAs
- NVIDIA to Retain Commanding Position
- Market Players Intensify Acquisition Efforts to Boost AI Portfolio
- Recent Market Activity
- Data Center Accelerators - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increased Investments in Data Center Infrastructure Worldwide Create Fertile Environment for Data Center Accelerators Market
- Importance of the Internet Reaches New Peaks Amidst the Pandemic: % Increase in Internet Traffic by Industry Type for H1 2020
- Explosive Growth of IP Traffic Data Center
- Surging Workloads of Data Center Workloads to Fuel Prospects in Data Center Accelerators Market: Global Data Center IP Traffic in Zettabytes for the Years 2016, 2018, 2020 & 2022
- Growing Internet Footprint, the Starting Point for all IP Data Creation: Global Number of Internet Users (In Billion) for Years 2018, 2020, 2022 and 2024
- Global Mobile Connection Speeds (In Mbps) for Years 2018, 2020, 2022 & 2024
- Surging Demand for Cloud-based Services Drives Growth in Data Centers, Driving Growth in Accelerators Market
- More than 90% of Data Center Traffic Will be from Cloud Based Data Centers: Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2019 and 2021
- Key Benefits Driving Adoption of Cloud Services of Large, Medium and Small Businesses
- Global Public Cloud Services Market (In US$ Billion) for 2019, 2020 and 2021
- Big Data Exerts Tremendous Pressure on Data Centers
- Big Data Explosion Exerts Pressure on Data Centers to Increase Storage and Computing Power: Global Volume of Big Data in Data Center Storage (In Exabytes) for Years 2016, 2018, 2020 & 2022
- Emergence of Hyperscale Data Centers in Response to the Big Data Challenge to Present Broad-based Opportunities for the Market
- Number of Hyperscale Data Centers Worldwide (in Units) for the Period 2015-2021
- Rising Demand for AI-Based Services and Growing Use of AI in HPC Data Centers Fuels Market
- Accelerators for AI-Based Data Centers
- Market to Benefit from Increased Emphasis on Parallel Computing in AI Data Centers
- AI-Powered Accelerators Mark Promising Upheaval with Energy-Efficient Datacenters
- AI Accelerators Promote Energy Efficiency in Data Centers
- Specialized Processors Critical for Efficient ML Workloads
- FPGA-based Accelerators Present Tremendous Potential for the Market
- With Slowing Down of Moore's Law, The Rising Need for Coprocessors to Boost Market
- Deep Learning Training Emerges as a Key Application of Data Center Accelerators
- With 5G Network Transition Poised to Increase Workload of Data Centers, Need for Additional Processing Power to Boost Market
- With the Promise to Transform the Mobility Experience, 5G is the Road to the Future of Mobile Computing: 5G's Contribution to Global GDP (In US$ Trillion) for Years 2020, 2025 & 2030
- Expanding IoT Ecosystem Makes it Imperative for Data Centers to be IoT Ready, Driving Focus onto Accelerators
- Global IoT Device Connections ( in Billion) for the Years 2019, 2021, 2023 and 2025
- Rise of Non-GPU Options in Edge Inference Space
- Accelerators Set to Heat Up Liquid Cooling Arena for Enterprise Datacenters
- Role of Accelerators in Green Data Centers
- Innovations in Data Center Accelerators Boost Market Prospects
- Challenges Confronting Data Center Accelerators Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/v1rkz5
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