Growing Digitization On The Accelerator Card Market Driver: A Major Catalyst in the Evolution of the Accelerator Card Market in 2025

How Is the Accelerator Card Market Projected to Grow, and What Is Its Market Size?
In recent times, there has been a significant surge in the accelerator card market, which is slated to expand from $20.24 billion in 2024 to $27.99 billion in 2025, registering a compound annual growth rate (CAGR) of 38.2%. The growth observed in the historical period can be linked to factors such as the augmented demand for high-performance computing, the emergence of big data analytics, increased complexity in data centers, rising prevalence of cloud computing, a surge in the necessity of energy-efficient computing solutions, and also the broadening of digital transformation initiatives throughout various sectors.

Anticipated to experience a substantial rise in the upcoming years, the accelerator card market is projected to escalate to the value of $101.4 billion in 2029, with a compound annual growth rate (CAGR) of 38.0%. This projected surge over the forecast period could be credited to an increase in high-performance computing requirements, expanded spread of data centers, heightened use of cloud services, surge in big data analytics, and growing necessity for energy-saving computing resolutions. Some prominent trends during the forecasting period will be enhancements in AI and machine learning applications, progress in high-performance computing, adoption of cloud services, integration in edge computing solutions, and development in accelerator technologies.

What Factors Are Fueling Growth in the Accelerator Card Market?
The surge in digitization is anticipated to drive the growth of the accelerator card market. Digitization essentially involves transforming information into a digital layout that computers can interpret. This expanding digital progression is facilitated by enhanced efficiency, automation, speedy innovation, increased output, and wider internet adoption. The critical role of accelerator cards in progressing digitalization cannot be overstated. They provide the necessary computational strength, efficacy, and versatility required to effectively handle current digital tasks and applications. For example, the Central Digital and Data Office, a government agency based in the UK, noted that the Government Digital and Data profession expanded by 19% from April 2022 to April 2023, fulfilling vital digital skills requirements in November 2023. Consequently, the surge in digitization is fueling growth in the accelerator card market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17049&type=smp

Who Are the Major Industry Players Fueling Accelerator Card Market Expansion?
Major companies operating in the accelerator card market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Lenovo Group Limited, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Oracle Corporation, Micron Technology Inc., Hewlett Packard Enterprise Development LP, Fujitsu Limited, NVIDIA Corporation, Advanced Micro Devices Inc., ASUSTeK Computer Inc., NetApp Inc, Marvell Technology Group, Synopsys Inc., Microsemi Corporation, Inspur Group, Socionext Inc., Lattice Semiconductor Corporation, IEI Integration Corporation, Achronix Semiconductor Corporation

Which Key Developments Are Influencing the Accelerator Card Market?
Leading corporations in the accelerator card market have started providing AI-enabled accelerator cards to improve performance across various applications. These AI-enabled accelerator cards are exclusive hardware components designed to speed up AI workloads. For instance, in April 2023, the US-based company Advanced Micro Devices, Inc. launched the AMD Alveo MA35D media accelerator, a data center video encoding card empowered by AI. The device houses two 5nm Asic-based Video Processing Units (VPUs), designed explicitly to support the AV1 compression standard and boost advanced video processing capabilities tailored to advance a new generation of large-scale live interactive streaming services. The Alveo MA35D delivers up to four times the channel density, up to four times less latency in 4K, and 1.8 times better compression efficiency than its predecessors, all while keeping similar VMAF scores, a common metric for video quality. The accelerator also incorporates an integrated AI processor to enhance its functionality further.

How Is the Segmentation of the Accelerator Card Market Defined?
The accelerator card market covered in this report is segmented -

1) By Type: High-Performance Computing Accelerator, Cloud Accelerator
2) By Processor Type: Central Processing Units (CPU), Graphics Processing Units (GPU), Field Programmable Gate Arrays (FPGA), Application Specific Integrated Circuits (ASIC)
3) By Application: Video And Image Processing, Machine Learning, Financial Computing, Data Analytics, Mobile Phones

Subsegemnts:
1) By High-Performance Computing Accelerator: GPU (Graphics Processing Unit) Accelerators, FPGA (Field-Programmable Gate Array) Accelerators, ASIC (Application-Specific Integrated Circuit) Accelerators
2) By Cloud Accelerator: Cloud GPU Accelerator Cards, Cloud FPGA Accelerator Cards

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/accelerator-card-global-market-report

What Is the Leading Region in the Accelerator Card Market?
North America was the largest region in the accelerator card market in 2024. The regions covered in the accelerator card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Accelerator Card Global Market Report?

- Market Size Analysis: Analyze the Accelerator Card Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Accelerator Card Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Accelerator Card Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Accelerator Card Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17049

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.