Press release
Hardware Acceleration Market research and analysis by expert top companies, growth drivers, industry challenges, and opportunities to 2027
"Hardware acceleration is a method in which task-specific hardware is inserted in a computer to perform functions faster than a typical central processor unit's basic computing architecture (CPU). Graphics or video processing chips are utilised to conduct heavy computational workloads and operations in hardware acceleration. Sound cards allow for higher-quality sound playback and recording. Hardware acceleration can also use graphics cards to allow for faster, higher-quality playing of movies, videos, and games.Hardware Acceleration Market is expected to grow from USD 3.12 billion in 2021to USD 50 billion by 2027, at a CAGR of ~49%
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In addition, advancements in AI robotics, self-driving vehicles, drones, smart appliances, and industrial IoT are likely to propel the hardware acceleration industry forward in the next years. Including more processing hardware for specialised features, on the other hand, comes at a high expense, both in terms of development costs and silicon space, raising the overall cost of the system or device. As a result, the market's expansion is hampered by the system's high cost.
Top key players: NVIDIA Corporation, Intel Corporation, Advanced Micro Devices, Achronix Semiconductor, Oracle Corporation, Xilinx, IBM Corporation, Hewlett Packard Enterprise, Dell, Lenovo Group, Fujitsu, Cisco Systems, VMware, Enyx
The global COVID-19 outbreak has had an impact on a wide range of places and businesses, including other associated industries. Covid-19 has an impact on the market, leading to a significant decrease in income due to fewer visits to healthcare facilities such as hospitals and health centers. The proliferation of the coronavirus has a detrimental impact on workforce and staffing difficulties, as well as process prioritization. Hospital suspensions of scheduled primary care visits, which reflect patients' worries of infection, are influencing the market.
Hardware Acceleration Market , By Type:Graphics Processing Unit, Video Processing Unit, AI Accelerator, Regular Expression Accelerator, Cryptographic Accelerator, Others
Hardware Acceleration Market , By Application:Deep Learning Training, Public Cloud Inference, Enterprise Cloud Inference, Others
The primary goal of the Hardware Acceleration Market report is to provide statistics on the post-COVID-19 impact, which will assist market participants in evaluating their business plans. This study further segmented the market by major market players, types, end-users, and geographies. The regions are North America, Latin America, Africa APAC, and Europe.
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Reasons to Purchase this Report:
• Current and future of worldwide Hardware Acceleration Market viewpoint in the created and developing business sectors.
• The portion that is relied upon to overwhelm the market just as the section which holds most noteworthy CAGR in the figure time frame.
• Districts/nations that are relied upon to observe the quickest development rates during the estimate time frame.
• The most recent turns of events, pieces of the pie, and techniques that are utilized by the significant market players.
FAQs:
1.What are the significant development driving components and restrictions of the worldwide Hardware Acceleration Market across different geographic regions?
2.What region is predicted to have the largest share in the Hardware Acceleration Market ?
3.What are the market opportunities and market overview of the Hardware Acceleration Market ?
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