Data Center Accelerator Market Trends That Will Shape the Next Decade: Insights from Strategic Partnerships Drive Co-Development Of Data Center Accelerator Chips For Enhanced Performance

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How Large Will the Data Center Accelerator Market Size By 2025?
The exponential surge in the size of the data center accelerator market has been noted in the past few years. The market's value is projected to surge from $26.38 billion in 2024 to $36.22 billion in 2025, displaying a compound annual growth rate (CAGR) of 37.3%. Factors contributing to growth during the earlier period include the rising need for data processing, the call for energy efficiency, the uptake of deep learning, and consolidation of data centers.

How Big Is the Data Center Accelerator Market Size Expected to Grow by 2029?
In the coming years, the data center accelerator market is set to experience substantial expansion. It's projected to increase to a market size of $143.45 billion by 2029, with a compound annual growth rate (CAGR) of 41.1%. Various factors contribute to this anticipated growth within the forecast period, including customizable and scalable solutions, heightened security needs, the demand for low-energy accelerators, prerequisites for real-time analytics, and the need for security acceleration solutions. Key trends to note during this period include escalating usage of graphical processing units (GPUs), the spread of high-performance computing (HPC) applications, integration with cloud-based services, the push for standardization collaborations, and the acceleration of edge computing.

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Which Key Market Drivers Powering Data Center Accelerator Market Expansion and Growth?
The upswing in the necessity for services based on the cloud is predicted to spur the progression of the data center accelerator market in the future. Services based on the cloud are those offered via the internet or specialized networks, promoting convenient provision services and also facilitating payments. They promote operational effectiveness, with numerous companies beginning to employ cloud infrastructure to enhance their functions. Employing cloud-based servers allows the storage of more data and straightforward access. The burgeoning need for these cloud-based services will thus cause expansion in the data center accelerator market. For instance, Forbes, an American business magazine company, reports that IBM's stock has ascended over 17% year-to-date, overshadowing the Nasdaq-100 because of a heightened fascination in artificial intelligence and the predicted recovery of IT spending by 2024. IBM's results from Q4 in 2023 surpassed expectations, recording a 4% year-over-year revenue increase to $17.4 billion and earnings at an estimated $3.87 per share. Hence, the mounting demand for services based in the cloud propels the growth of the data center accelerator market.

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Which Fast-Growing Trends Are Poised to Disrupt the Data Center Accelerator Market?
Major companies in the data center accelerator market are enhancing their market position through strategic partnerships that facilitate the co-development of accelerator chips for data centers. Such strategic alliances often lead to the joint unveiling of sophisticated solutions, like co-designed chips, aimed at boosting the performance of data centers. As an illustration, in October 2022, Intel Corporation, an American semiconductor firm, and Google LLC, an American tech firm, jointly introduced the E2000 chip. This co-designed chip is geared towards enhancing the performance of data centers. The E2000 chip is an Infrastructure Processing Unit (IPU) that offloads network processing tasks from the CPU, thereby providing more computational capacity. Additionally, it adds an extra layer of protection between various cloud service users through data encryption. This chip is a component of Google's latest virtual machine product, C3 VM, which is reliant on Intel's fourth-generation Xeon CPUs.

What Are the Emerging Segments in the Data Center Accelerator Market?
The data center accelerator market covered in this report is segmented -

1) By Processor Type: CPU (Central Processing Unit), GPU (Graphics Processing Unit), FPGA (Field-Programmable Gate Array), ASIC (Application-specific Integrated Circuit)
2) By Type: HPC Accelerator, Cloud Accelerator
3) By Application: Deep Learning, Public Cloud Interface, Enterprise Interface
4) By End-User: Telecommunication &IT, HealTH*Care, BFSI, Government, Energy, Other End Users

Subsegments:
1) By CPU (Central Processing Unit): Server CPUs, Workstation CPUs
2) By GPU (Graphics Processing Unit): General-Purpose GPUs, Deep Learning GPUs, Gaming GPUs
3) By FPGA (Field-Programmable Gate Array): High-Performance FPGAs, Low-Power FPGAs
4) By ASIC (Application-Specific Integrated Circuit): Mining ASICs, AI And Machine Learning ASIC

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Who Are the Global Leaders in the Data Center Accelerator Market?
Major companies operating in the data center accelerator market include Intel Corporation, Fujitsu Limited, Advanced Micro Devices Inc., Achronix Semiconductor Corporation, Google LLC, International Business Machines Corporation, Micron Technology Inc., Advantech Co. Ltd., Hewlett-Packard Development Company, Cisco Systems Inc., NEC Corporation, Lenovo Group Limited, NVIDIA Corporation, Mellanox Technologies, SambaNova Systems Inc, Habana Labs Ltd., Groq Inc., Cerebras Systems Inc., Graphcore Ltd., BrainChip Holdings Ltd., Flex Logix Technologies Inc., Ampere Computing LLC, Hailo Technologies Ltd., Lightmatter Inc., Esperanto Technologies Inc., Blaize Inc., Quadric Inc, GreenWaves Technologies SAS, Xelera Technologies GmbH, Mythic Inc., Silexica GmbH, Tensor Networks Inc.

Which are the Top Profitable Regional Markets for the Data Center Accelerator Industry?
North America was the largest region in the data center accelerator market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center accelerator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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