"Boosting Performance: Data Center Accelerator Market Forecasted for Rapid Expansion"

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Data Center Accelerator Market size is expected to reach US$ 116.98 Bn by 2029, at a CAGR of 23.8% during the forecast period.

Data Center Accelerator Market Overview

The MMR report on the Data Center Accelerator market has several sections about industry futures with thorough research and analysis, and business data that is usually state-of-the-art. Data Center Accelerator market report 2021 is the title of the market study broken down by manufacturer, kind, application, and region. The study provides a thorough analysis, revenue projections, and other important data about the global Data Center Accelerator industry. It also covers a wide range of trends, drivers, opportunities, restraints, and threats that the market is anticipated to encounter over the course of the projected period.

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Data Center Accelerator Market Scope

The Data Center Accelerator market study considers the forecast period, with 2022 acting as the base year. The estimated market size for 2021 is based on real data and outputs from significant international companies, and it includes both volume and value projections. The last five years' market patterns from 2016 are taken into consideration while predicting the market through 2022–2029. The unusual year 2021 is studied in detail by geographic area to determine how it affects lockdown.

In-depth analysis of the Data Center Accelerator industry is combined with market segmentation based on end-use, product type, applications, and geography in this report. The study offers readers a comparison of historical market dynamics from 2018 to 2021 and historical patterns to current market conditions, in addition to the contributions of notable companies.

Data Center Accelerator Market Dynamics

Growing demand of cloud based services and increased demand of AI based computation are major driving factor behind the growth of market. Surge in the cloud based machine learning offering by the companies, increasing demand for artificial intelligence in high performance computing data centers, growing attention toward equivalent computing in AI data centers, expanding market for FPGA-Based accelerators and surge in the demand for coprocessors due to slowdown of Moore’s law are expected witness high growth during forecast period. Increasing data storage needs in the worldwide market and rising usage of mobile data owing to rising applications in the market and internet usage in various businesses across the globe is ultimately propelling the growth of market.

Nevertheless, high initial premium cost of data center accelerators is major restraining factor that could hamper the growth of market. Lack of AI hardware experts, inconsistency of AI algorithms and lack of feasibility offering for SMEs could obstruct the growth of market.

Data Center Accelerator Market Segmentation

by Processor Type

• CPU
• GPU
• FPGA
• ASIC

by Type

• HPC Accelerator
• Cloud Accelerator

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Data Center Accelerator Market Key Players

• NVIDIA
• Intel
• Alphabet
• Advanced Micro Devices
• Achronix Semiconductor
• Oracle
• Xilinx
• IBM
• Hewlett Packard Enterprise
• Dell
• Riverbed Technology
• AVOXI
• Clarifai Inc.
• Lattice Semiconductor

Data Center Accelerator Market Regional Analysis

The market research offers a thorough understanding and knowledge of the dynamics, trends, and other concerns related to the Data Center Accelerator market. The Data Center Accelerator market study includes coverage of the most significant trends impacting the sector. It facilitates finding the information in the study and assesses the competitive landscape of notable businesses, the dynamics of the Data Center Accelerator market, and other elements influencing current marketing tactics.

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Key Questions answered in the Data Center Accelerator Market Report are:

  • Data Center Accelerator Market: Definition?
  • What is the predicted period for the Data Center Accelerator Market?
  • To what extent is the Data Center Accelerator market competitive?
  • Which region held the largest market share in the Data Center Accelerator Market?
  • What opportunities exists in the Data Center Accelerator Market?
  • What factors are propelling the Data Center Accelerator market's expansion?
  • Which businesses are the market leaders in Data Center Accelerator?
  • Which company held the most proportion of the market in Data Center Accelerator?
  • What is the estimated compound annual growth rate for the Data Center Accelerator market?
  • Which significant trends in the Data Center Accelerator industry are anticipated to emerge in the next years?

Key offerings:

  • Forecasts for Market Size, Share, and Revenue by Year, 2022–2029
  • Market dynamics: significant patterns, chances for investment, factors promoting growth, and limitations
  • An extensive analysis of market segmentation by Data Center Accelerator Landscape—the top companies and other important participants.

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