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Data Center Accelerator Market Swot Analysis, Profit Growth, Share, Size Outlook By 2032
Data Center Accelerator Market
The Business Research Company's Data Center Accelerator Global Market Report 2023 identifies surge in the demand as the major driver for the Data Center Accelerator market's growth in the forecast period. Cloud-based services refer to the services that are provided over the internet or by dedicated networks, which help in providing on-demand services and are also used for payment.
The global data center accelerator market size grew from $14.25 billion in 2022 to $18.74 billion in 2023 at a compound annual growth rate (CAGR) of 31.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center accelerator market size is expected to grow to $75.44 billion in 2027 at a CAGR of 41.6%.
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Major competitors in the Data Center Accelerator market are Intel Corporation, Fujitsu Limited, Advanced Micro Devices Inc., Achronix Semiconductor Corporation, Xilinx Inc., Google LLC, IBM Corporation.
A key trend in the Data Center Accelerator market includes investing in building next-generation data centers. Major companies operating in the data center accelerator sector are focused on investing in building next-generation data centers to strengthen their position. For instance, in April 2020, Alibaba cloud, a China-based cloud computing company invested $28.21 billion to boost its cloud business, after the pandemic the company is going to invest this amount in core technologies and the development of future-oriented data centers over the next three years.
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The Data Center Accelerator market is segmented -
• By Processor Type: CPU (Central Processing Unit), GPU (Graphics Processing Unit), FPGA (Field-Programmable Gate Array), ASIC (Application-specific Integrated Circuit)
• By Type: HPC Accelarator, Cloud Accelerator
• By Application: Deep Learning, Public Cloud Interface, Enterprise Interface
• By End-User: Telecommunication &IT, Healthcare, BFSI, Government, Energy, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Data Center Accelerator market.
The Business Research Company's "Global Data Center Accelerator Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Data Center Accelerator Market Include:
1. Executive Summary
2. Data Center Accelerator Market Characteristics
3. Data Center Accelerator Market Trends And Strategies
4. Data Center Accelerator Market - Macro Economic Scenario
5. Data Center Accelerator Market Size And Growth
…………………………………………………………….
26. Africa Data Center Accelerator Market
27. Data Center Accelerator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Center Accelerator Market
29. Data Center Accelerator Market Future Outlook and Potential Analysis
30. Appendix
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