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What's Driving the Data Center Accelerator Market Growth? Achronix Semiconductor Corporation, AMD, Cisco, Dell, Fujitsu, Hewlett Packard Enterprise, IBM, Intel Corporation, Lenovo, NVIDIA, Oracle, Xilinx

04-21-2020 05:47 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

What's Driving the Data Center Accelerator Market Growth?

The data center accelerator market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the data center accelerator market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.

The demand to increase networking bandwidth and optimize AI workloads in High Performance Computing (HPC) data centers is propelling the data center accelerator market growth. The data center operators have to manage complex data sets & analytics workloads with optimal performance and rapid efficiency. The accelerators provide modern data centers the power to speed up deep learning, machine learning, and HPC workloads. They enable data center administrators to lower TCO and provide a significant increase in the performance of data centers. Moreover, accelerators and processors in data centers consume less power due to their resource-sharing with the main processor, offering cost and power efficiency benefits.

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Data Center Accelerator Market by Processor Type
o CPU
o GPU
o FPGA
o ASIC
Market by Type
o HPC Accelerator
o Cloud Accelerator
Market by Application
o Deep Learning Training
o Public Cloud Interface
o Enterprise Interface
Market by End Use
o IT & Telecom
o Healthcare
o BFSI
o Government
o Energy
o Others

The growing focus on parallel computing in AI data centers will further propel the market growth. The rise in the adoption of neural networks & machine learning has led to an increased demand for parallel computing in data centers to speed up AI algorithms. Parallel computing has proved to be beneficial for the implementation of AI and deep learning interfaces. Enterprises are increasing the adoption of customized & application-specific accelerators to scale the computational power of conventional systems in data centers. Moreover, the proliferation of sensors, rise in data loads, and the evolution of complex deep learning continues to increase computational demands, driving the data center accelerator market growth.

The rising smartphone penetration and adoption of advanced technologies, such as big data and IoT, will increase the data center accelerator market demand in IT & telecom applications. Telecom service providers are implementing GPU-accelerated machine learning algorithms in data center servers to speed up model training times, predict the future, and detect anomalies. The rise in social media platforms and streamline video content trends in the telecom industry are resulting in increased data traffic, motivating the companies to adopt accelerated analytics and visualization platforms to minimize the loss of data and ensure business continuity & security.

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The Asia Pacific data center accelerator market is expected to witness the highest CAGR during the forecast time. The growth is mainly attributed to the emerging markets, such as India and China, attracting large-scale service providers to deploy cloud-based data centers in the region. The increased adoption of cloud storage and the growing efforts for improving energy efficiency are also driving the r market growth. Moreover, the increasing government initiatives such as 'Make in India', Digital India, Made in China, and Innovation Japan for technological developments have led to the increased adoption of IoT, big data analytics, and cloud-based services in the region, increasing the demand for data centers.

Some of the key players operating in the data center accelerator market include Achronix Semiconductor Corporation, Advanced Micro Devices Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, IBM Corporation, Intel Corporation, Lenovo Group Ltd, NVIDIA Corporation, Oracle Corporation, and Xilinx Inc.

The research study, in essence, comprises an inherent understanding of the data center accelerator market in detail. The document in question provides an executive summary, detailed industry ecosystem analysis, industry insights, an overview of global trends, and the market segmentation. Deliverables related to the competitive and regulatory spectrums are also elaborated in the study alongside the strategic perspectives of industry players.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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