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Growing Digitization On The Accelerator Card Market : A Key Driver Powering Accelerator Card Market Growth In 2025
Accelerator Card
What Is the Current Accelerator Card Market Size and Its Estimated Growth Rate?
The accelerator card market has expanded rapidly and is expected to jump from $20.24 billion in 2024 to $27.99 billion in 2025 at a CAGR of 38.2%. Driving factors include demand for high-performance computing, big data, data center complexity, cloud computing adoption, energy-efficient needs, and broader digital transformation.
The accelerator card market is on track for exponential growth, reaching $101.4 billion by 2029 with a CAGR of 38.0%. This is attributed to surging high-performance computing needs, expanding cloud services, big data adoption, and energy-efficient computing demands. Major trends include AI/ML enhancements, cloud and edge integration, performance-focused design, and continual technological improvements.
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How Are Emerging Segments Shaping the Accelerator Card Market Landscape?
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
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Which Growth Factors Are Influencing Accelerator Card Market Expansion?
The accelerator card market is projected to expand due to increased digitization efforts that improve efficiency and innovation. Accelerator cards enhance performance for digital workloads, making them essential in modern computing. In November 2023, the UK's Central Digital and Data Office reported a 19% increase in digital and data professionals from April 2022 to April 2023, reflecting accelerating digital transformation.
Who Are the Dominant Players Across Different Accelerator Card Market Segments?
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
What Are the Latest Developing Trends in the Accelerator Card Market?
In the accelerator card market, companies are enhancing data processing with AI-based accelerator cards. In April 2023, Advanced Micro Devices, Inc. launched the AMD Alveo MA35D, a media accelerator card featuring dual VPUs for AV1 encoding, improved latency, and greater compression efficiency, along with an integrated AI processor.
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Which Geographic Regions Are Expected to Dominate the Accelerator Card Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Accelerator Card Market?
2. What is the CAGR expected in the Accelerator Card Market?
3. What Are the Key Innovations Transforming the Accelerator Card Industry?
4. Which Region Is Leading the Accelerator Card Market?
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