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Data Center Accelerator Market worth $101.04 billion by 2030, growing at a CAGR of 18.02% - Exclusive Report by 360iResearch
Data Center Accelerator Market | 360iResearch
The Global Data Center Accelerator Market to grow from USD 31.68 billion in 2023 to USD 101.04 billion by 2030, at a CAGR of 18.02%.
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Data center accelerators are a category of hardware devices or software mechanisms designed to improve the performance and efficiency of a data center's computational processes. Integrating accelerators into a data center infrastructure allows organizations to enhance overall performance, reduce processing time for specific tasks, and lower the energy consumption per workload, leading to operational and cost savings. As businesses continue to rely on data centers for critical operations, the demand for these accelerators is expected to grow. One of the primary drivers is the escalating demand for artificial intelligence (AI) and machine learning (ML) across various industries. These technologies require substantial computing power, which accelerators provide. Additionally, the increasing volume of complex data sets necessitates the use of accelerators to facilitate rapid analysis and insights derivation. However, technical limitations of using data center accelerators and issues related to data privacy and loss of data security raise concerns regarding the safety, accuracy, and reliability of data center accelerators. Major players are exploring integrating novel technological innovations to tackle challenges related to data privacy and ensure compliance with data protection regulations. Furthermore, investments in establishing edge and hyper-scale data centers worldwide provide new avenues of growth for the data center accelerators.
The Americas, mainly the U.S. and Canada, observe significant adoption of data center accelerators due to the consistent expansion of data centers and new data center establishment activities. The presence of multinational corporations significantly elevates the data center accelerator market development in the Americas. These key players have data centers spread across regions, influencing the sectors' distribution and overall market share. Accelerating digitization in countries such as China, India, and Australia has fueled the demand for data center accelerators in the Asia-Pacific region. Rapid industrial growth and an increasing focus on data analysis, elevating the data traffic and creating the need for high-volume data centers, have led to a rise in the production of these accelerators in the region. Europe, with major tech hubs such as the UK, Germany, and France, exhibits significant use of data center accelerators. Europe presents a key opportunity for the expansion of market players as the region is backed with several investments for building new edge data centers. Although still emerging, the MEA region shows potential growth in the use of data center accelerators. The rise in data centers, particularly in the Gulf Cooperation Council (GCC) countries, is set to drive future demand for data center accelerators.
Market Segmentation & Coverage:
This research report categorizes the Data Center Accelerator Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Processor Type, market is studied across Application-Specific Integrated Circuit, Central Processing Unit, Field-Programmable Gate Array, and Graphics Processing Unit. The Field-Programmable Gate Array commanded largest market share of 30.79% in 2023, followed by Graphics Processing Unit.
Based on Data Center Type, market is studied across Cloud Data Centers, Colocation Data Centers, Enterprise Data Centers, and Managed Services Data Centers. The Cloud Data Centers commanded largest market share of 31.60% in 2023, followed by Managed Services Data Centers.
Based on Application, market is studied across Deep Learning Training, Enterprise Interface, and Public Cloud Interface. The Deep Learning Training commanded largest market share of 38.34% in 2023, followed by Public Cloud Interface.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Georgia, Illinois, Kentucky, Michigan, Mississippi, New Jersey, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.73% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Data Center Accelerator Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Data Center Accelerator Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Data Center Accelerator Market, highlighting leading vendors and their innovative profiles. These include Achronix Semiconductor Corporation, Advanced Micro Devices, Inc., Advantech Co., Ltd., Analog Devices, Inc., Cisco Systems, Inc., Dell Technologies Inc., Devoteam Group, Fujitsu Limited, Google LLC by Alphabet Inc., Hailo Technologies Ltd., Infineon Technologies AG, Intel Corporation, International Business Machines Corporation, Lattice Semiconductor Corporation, Lenovo Group Limited, Marvell Technology, Inc., Meta Platforms, Inc, Microchip Technology Incorporated, Micron Technology, Inc., Microsoft Corporation, Murata Manufacturing Co., Ltd., NEC Corporation, NTT Corporation, NVIDIA Corporation, NXP Corporation, Oracle Corporation, QUALCOMM Incorporated, Samsung Electronics Co., Ltd., Sapeon Inc., Skyworks Solutions, Inc., Taiwan Semiconductor Manufacturing Company Limited, and Zenlayer Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Data Center Accelerator Market, by Processor Type
7. Data Center Accelerator Market, by Data Center Type
8. Data Center Accelerator Market, by Application
9. Americas Data Center Accelerator Market
10. Asia-Pacific Data Center Accelerator Market
11. Europe, Middle East & Africa Data Center Accelerator Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Data Center Accelerator Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Data Center Accelerator Market?
3. What is the competitive strategic window for opportunities in the Data Center Accelerator Market?
4. What are the technology trends and regulatory frameworks in the Data Center Accelerator Market?
5. What is the market share of the leading vendors in the Data Center Accelerator Market?
6. What modes and strategic moves are considered suitable for entering the Data Center Accelerator Market?
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