Accelerator Card Market Poised to Hit $93.12 Billion by 2029 with Accelerating Growth Trends

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Accelerator Card Industry Market Size Be by 2025?
The market size of accelerator cards has seen substantial growth in recent years. The market, valued at $20.24 billion in 2024, is set to increase to $27.8 billion in 2025, showing a compound annual growth rate (CAGR) of 37.4%. The historic growth can be linked to the growing demand for high-performance computing, the prominence of big data analytics, increasing complexities of data centers, the widespread use of cloud computing, the growing requirement for energy-efficient computing solutions, and the extension of digital transformation endeavors across numerous industries.

What's the Long-Term Growth Forecast for the Accelerator Card Market Size Through 2029?
The market size of accelerator cards is set to witness remarkable growth in the coming years. The market is expected to ascend to $93.12 billion by 2029, with a compound annual growth rate (CAGR) of 35.3%. This growth during the predicted period can be credited to the escalating demand for high-performance computing, expanding data centers, heightened use of cloud services, a surge in big data analytics, and the growing requirement for energy-efficient computing solutions. Noteworthy trends of the forecast period comprise developments in AI, and machine learning applications, improvements in high performance computing, adoption of cloud services, integration in edge computing solutions, and progress in accelerator technologies.

View the full report here:
https://www.thebusinessresearchcompany.com/report/accelerator-card-global-market-report

What Are the Key Growth Drivers Fueling the Accelerator Card Market Expansion?
The digital age's ascendance is expected to significantly boost the accelerator card market's development. Digitization, the method of transcribing data into a computer-readable digital form, is expanding largely due to enhanced efficiency and automation, rapid innovation, improved productivity, and increased internet usage. For dealing with contemporary digital tasks and applications efficiently, accelerator cards, providing the required computational power, effectiveness, and adaptability, are fundamental. For example, the Government Digital and Data profession in the UK saw an expansion of 19% between April 2022 to April 2023 according to data released by the Central Digital and Data Office, a UK government institute in November 2023, hence fulfilling necessities for vital digital skills. It's thus reasonable to conclude that the proliferation of digitization is propelling the expansion of the accelerator card market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=17049&type=smp

What Are the Key Trends Driving Accelerator Card Market Growth?
Leading businesses in the accelerator card marketplace are providing AI-powered accelerator cards to boost performance across various functions. These AI-equipped accelerator cards are unique hardware components that speed up AI-related tasks. For example, Advance Micro Devices, Inc., an American company, launched the AMD Alveo MA35D media accelerator in April 2023. This AI-enabled video encoding card for data centers has dual 5nm Asic-based video processing units (VPUS) created for advanced video processing, focusing specifically on the AV1 compression standard. It is custom-made to facilitate the new era of large-scale, live interactive streaming services. The Alveo MA35D can quadruple the channel density, achieve up to four times less latency in 4K, and deliver 1.8 times better compression efficiency than its predecessors, all the while maintaining consistent VMAF scores, a common measure for video quality. Plus, it has an inbuilt AI processor to augment its functionalities.

How Is the Accelerator Card Market Segmented?
The accelerator cardmarket 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

Subsegments:
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=17049&type=smp

Which Companies Are Leading the Charge in Accelerator Card Market Innovation?
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 Regions Are Leading the Global Accelerator Card Market in Revenue?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=17049

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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.