Data Center Accelerator Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts, 2020 - 2030

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Data Center Accelerator Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts, 2020 - 2030

Status : December, 2022 | Semiconductor & Electronics

Report Digest

Data Center Accelerator Market: Overview

Data center accelerators help to build purchaser driven data interest and increment the utilization of AI-based administrations to drive interest for AI-driven data centers. These accelerators further develop data center execution. The increasing demand for deep learning and rising adoption of cloud-based services is projected to aid in expansion of the global data center accelerator market.

The global data center accelerator market is categorized on the basis of processor, application, type, and region. In terms of processor, the market is segmented into ASIC, FPGA, GPU, and CPU. As per classification by application, the market is divided into deep learning training, public cloud interface, and enterprise interface. Based on classification by type, the market is bifurcated into HPC data center, and Cloud data center.

The report on the global data center accelerator market offers insights into the market and its prime growth trajectories. This is inclusive of drivers, restraints, challenges, and upcoming growth opportunities. The report also highlights the impact of the novel COVID19 pandemic on this market and how can players obtain revenue from this market during this pandemic. Besides this, the report also throws light on the table of segmentation and mentions the name of the leading segment with its attributed factors. Furthermore, the report discusses the recent trends and innovations that shaped the market in the past and in the coming years as well.

Data Center Accelerator Market: Competitive Landscape

Companies operating in the global market for data center accelerator market are indulging in collaborative agreements with other regional manufacturers so as to gain an upper hand in the overall market competition. Besides this, players are also investing in research and development for better cloud-based services to attract higher revenues in the coming years.

Some of the significant players of the global data center accelerator market include:

  • Qualcomm Technology
  • Marvell Technology
  • Advanced Micro Devices Inc.
  • IBM Corporation
  • Xilinx Inc.
  • NVIDIA Corporation
  • Google Inc.
  • Intel Corporation
  • Others

Data Center Accelerator Market: Remarkable Developments

  • Didi Chuxing, a Chinese company and NVIDIA announced their collaboration in December 2019 for leveraging AI technology and GPU technology for the development of new data centers for cloud computing and driving solutions.
  • In August 2019, Lenovo and Intel Corporation entered into a strategic collaboration wherein they are focusing on convergence of artificial intelligence and high-performing computing or HPC. This merge will help to improve cloud-based solutions and preparing for bigger problems of the future.

Data Center Accelerator Market: Trends and Innovations

Huge data investigation has likewise assumed a critical part in the development of cloud administrations. Enormous data investigation is the way toward examining huge datasets to reveal covered up designs, obscure relationships, market patterns, client inclinations, and other significant bits of knowledge. Enormous data has gotten imperative to numerous public and private associations wherein huge measures of area explicit data is produced, which can contain helpful data on public insight, network protection, misrepresentation location, promoting, and clinical informatics. The profound learning strategy is utilized to separate significant level, complex deliberations from data through a progressive learning measure. It is a significant method utilized for breaking down monstrous measures of unaided data, making it an important instrument for enormous data examination wherein the crude data is to a great extent unstructured. Profound learning is likewise utilized for extricating complex examples from enormous volumes of data, semantic ordering, data labeling, quick data recovery, and disentangling discriminative errands.

Data Center Accelerator Market: Geographical Insights

Regionwise, the market for data center accelerator is dominated by Asia Pacific on account of the increasing number of companies operating in cloud computing solutions. China emerges as the leading nation generating the largest share on account of heavy investments made by the national government for stimulating technological developments and promoting the adoption of cloud-computing solutions.

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5-Point Growth Formula

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The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?