Global Data Center Accelerator Market By Center Type (HPC Data Center, Cloud Data Center), By Processor Type (CPU, GPU, FPGA and ASIC), By Application (Deep Learning Training, Public Cloud Interface and Others) and By Region - Global Forecast 2030

MarketResearch.biz announces publication of its most recently generated research report titled, “Global Data Center Accelerator Market by Center Type  (HPC Data Center, Cloud Data Center), By Processor Type (CPU, GPU, FPGA and ASIC), By End-Use (Plastic and Rubbers, Food and Beverage, Animal Feed and Other End-Users) and By Region (North America, Europe, Asia-Pacific, South America and MEA) which offers a holistic view of the Global Data Center Accelerator Market through systematic segmentation that covers every aspect of the target market. The Global Data Center Accelerator Market is projected to be US$ 5,497.5 Mn in 2020 to reach US$ 156,358.6 Mn by 2030 at a CAGR of 40.1%.

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Data center accelerator is defined as software and hardware, designed to quickly process the visible data in the data center. It is used to improve the overall performance of a computer. Data acceleration refers to the rate or speed at which large amounts of data can be absorbed, analyzed, processed, organized, and converted into feasible insights. Data center accelerators help increase the amount of data generated by consumers and increase the use of artificial intelligence (AI)-based services. These accelerators can greatly improve data center performance. Accelerators provide modern data centers with the ability to accelerate deep learning, machine learning, and manage high-performance computing (HPC) workloads.

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Global Data Center Accelerator Market Revenue (US$ Mn), 2020–2030 Data center operators need to manage complex data sets and analysis workloads, and efficiently optimize performance. Accelerators help facilitate deep learning, machine learning, and manage workloads. They enable data center managers to reduce total cost of ownership (TCO) and improve data center performance. These are some of the key factors that contribute to the growth of the target market.

Integrating AI solutions with existing systems is very complicated and requires abundant internal R&D and patent applications. Even minor errors can be transformed into system failures or solution failures, and can seriously affect the expected results. This may become a constraint to the growth of the global data center accelerator market.

The penetration rate of smartphones continues to increase, and the adoption of new and more advanced technologies such as big data and the Internet of Things (IoT) is providing new and more profitable opportunities for major players operating in the target market. It is expected to develop and introduce more advanced data center accelerators for applications in the IT and telecommunications fields to create more opportunities in the market. GPU-accelerated machine learning algorithms are being implemented in data center servers in telecom service applications to speed up model training time, predict the future and detect anomalies.

Global Data Center Accelerator Market is segmented based on center type, processor type, application end-use and region. Based on Center type, the market is segmented into, HPC Data Center and Cloud Data Center. The HPC Data Center segment accounts for the majority share and is expected to witness significant share in terms of revenue over the forecast period. Based on processor type, the market is segmented into CPU, GPU, FPGA, and ASIC. The GPU segment accounts for significant revenue share whereas the food grade segment is projected to register significant CAGR in the next coming years. Based on end-use, the market is segmented into plastic and rubbers, food and beverages, animal feed and other end-uses. Based on region, the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa. The Asia-Pacific region accounts for a majority share in the Global Data Center Accelerator Market.

Global Data Center Accelerator Market Attractiveness Analysis by Center Type, 2014–2030

The research report on the Global Data Center Accelerator Market includes profiles of some of the major companies such as Dell Technologies, Inc., International Business Machines Corp, Intel Corporation, Cisco Systems, Inc., Lenovo Group Ltd., Hewlett Packard Enterprise Development LP, NVIDIA Corp, Advanced Micro Devices, Inc., XILINX INC., and Achronix Semiconductor Corporation.

Segmentation of the Global Data Center Accelerator Market:

Segmentation by Center Type:

• Cloud Data Center
• HPC Data Center

Segmentation by Processor Type:

• Central Processing Unit (CPU)
• Graphics Processing Unit (GPU)
• Field Programmable Gate Array (FPGA)
• Application-Specific Integrated Circuit (ASIC)

Segmentation by End-Users:

• Plastic and Rubbers
• Food and Beverage
• Animal Feed
• Other End-Users

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA