Data center accelerator platforms offer accelerated analytics and visualization capabilities that help businesses streamline their processes and minimize data loss. Moreover, accelerating systems facilitate predictive maintenance and monitoring. Moreover, a number of companies provide machine learning-powered cloud services.

Data center accelerators enable significant increases in the performance of applications. This helps to satisfy the demands of customers. Moreover, the data center accelerator market is highly fragmented. It is primarily focused on medium and large enterprises.

Market Dynamics:

Increasing demand for artificial intelligence (AI) and cloud services is boosting the need for data center acceleration. As a result, the demand for high-performance hardware accelerators is also on the rise. This in turn is expected to propel growth of the global data center accelerator market over the forecast period.

However, there are several factors that are expected to hamper the growth of the data center accelerator market, such as the rising energy consumption and the complexity of AI mechanisms could pose challenges for the market.

Key features of the study:

• This report provides in-depth analysis of the global data center accelerator market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global data center accelerator market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Qualcomm Technologies Inc., Intel Corporation, Cisco Systems Inc., NVIDIA Corporation, IBM Corporation, Advanced Micro Devices Inc., Dell Technologies Inc., Achronix Semiconductor Corporation, NEC Corporation, and Xilinx Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global data center accelerator market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global data center accelerator market

Detailed Segmentation:

• Global Data Center Accelerator Market, By Processor Type
  • CPU
  • GPU
  • FPGA
  • ASIC
• Global Data Center Accelerator Market, By Application
  • High Performance Computing Accelerator
  • Artificial Intelligence
  • Other Applications
• Global Data Center Accelerator Market, By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Intel Corporation
  • NVIDIA Corporation
  • Advanced Micro Devices Inc.
  • Achronix Semiconductor Corporation
  • Xilinx Inc.
  • NEC Corporation
  • Dell Technologies Inc.
  • IBM Corporation
  • Cisco Systems Inc.
  • Qualcomm Technologies Inc.