Press release
Data Processing Unit Market is Expected to Reach $5.5 Billion by 2031, Growing at a CAGR of 26.9%
Data Processing Unit Market
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The data processing unit market is expected to leverage high potential for industrial, IT & telecommunication and consumer electronics industry verticals. The current business scenario has witnessed an increase in demand for DPUs, particularly in developing regions, owing to rising adoption of DPUs in the data centers. Companies in this industry have adopted various innovative techniques such as mergers and acquisitions to strengthen their business position in the competitive matrix.
The data processing unit market has steadily gained traction, owing to rise in demand for enhanced technologies in high-end automation across industries and integration of IoT, AI, in different industrial applications including manufacturing and others.
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Apart from data processing unit manufacturing companies operating in the market, service providers are the key participants and largely contribute toward growth of the overall data processing unit market. Service providers use different technologies and materials to provide customized data processing unit products.
Competitive Analysis:
The company profile section of the Data Processing Unit Market report covers strategic developments, business overview, product offerings, and financial performance of the companies. It also highlights the strategies adopted by companies such as products launch, agreements, partnerships, acquisitions mergers, collaborations, joint ventures, research & development investment, and regional expansion in the past few years.
Some of the major key players of the global Data Processing Unit Market include,
• Intel Corporation
• Marvell Technology
• NVIDIA Corporation
• Kalray
• Broadcom Corp
• Advanced Micro Devices, Inc.
• Fungible, Inc.
• Resnics /Yisixin Technology Co., Ltd.
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According to data processing unit market analysis, the FPGA-based segment was the highest contributor in the market in 2021. The colocation and hyperscale segments collectively accounted for around 76.7% market share in 2021.
Key Findings of the Study
• In 2021, the hyperscale segment was the major revenue contributor to the data processing unit industry, and is projected to grow at a notable CAGR of 24.94% during the forecast period.
• The FPGA-based and SOC-based segments together accounted for around 84.5% of the data processing unit market trends in 2021.
• The IT and telecom segment is projected to growth at a CAGR of 28.91% during the forecast period.
• North America contributed for the major data processing unit market share, accounting for more than 39.2% share in 2021.
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