Pune, India, Aug. 26, 2021 (GLOBE NEWSWIRE) -- As per seasoned analysts, global data center accelerator market size was valued at USD 10 billion in 2020 and is likely to account for USD 89.2 billion by the year 2027, recording a whopping 36.7% CAGR during the study period. This rapid expansion can be credited to increasing utilization of AI technologies in data centers and rising popularity of cloud-based services.
The document also elaborates on the various market segmentations and highlights the key revenue generators for this marketplace. Additionally, it not only talks about the geographical reach of this business space but also focuses on the key participants operating in this vertical, further ensuring high-quality decision making while investing in new ventures & projects.
Growing demand for AI solutions in HPC data centers coupled with mounting number of companies offering application performance enhancement and machine learning tools are also stimulating the overall industry outlook.
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There has been a surge in demand for consumer-drive data and cloud resources from both consumer and corporate standpoint, which in turn has resulted in development of large-scale public cloud data centers. In addition, the widespread adoption of augmented reality as well as virtual reality to enhance consumer engagement are augmenting global data center accelerator industry remuneration.
Despite the various growth stimulants, factors such as high costs associated with the product and lack of AI hardware experts could act as a bottleneck for the market expansion. Regardless, strategic R&D investments and subsequent technology breakthroughs could provide the necessary revenue spike for the market majors.
Emphasizing on the geographical scope
Global scope of operations of this business domain comprises of regions such as Europe, Latin America, North America, Asia-Pacific, and the rest of the world.
According to reliable predictions, Asia-Pacific data center accelerator industry is predicted to expand substantially over the study period, with China standing tall in terms of revenue hierarchy. Increasing number of data centers, shifting preferences towards cloud service providers, and growing demand for improved connectivity and scalable solutions are facilitating the business scenario in China.
Surging investments by public entities towards technological developments have allowed for widespread adoption of cloud-based services including IoT and Big Data Analytics in China. This has managed to entice international investors, which in turn is also adding traction to China data center accelerator industry size.
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Global Data Center Accelerator Market by Type (Revenue, USD Billion, 2018-2027)
- HPC Data Center
- Cloud Data Center
Global Data Center Accelerator Market by Processor (Revenue, USD Billion, 2018-2027)
- ASIC
- FPGA
- GPU
- CPU
Global Data Center Accelerator Market by Application Gamut (Revenue, USD Billion, 2018-2027)
- Enterprise Interface
- Public Cloud Interface
- Deep Learning Training
Global Data Center Accelerator Market Regional Analysis (Revenue, USD Billion, 2018-2027)
North America
- United States
- Canada
Europe
- Spain
- Italy
- France
- United Kingdom
- Germany
- Rest of Europe
Latin America
- Mexico
- Brazil
Asia-Pacific
- Australia
- India
- China
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
Global Data Center Accelerator Market Competitive Dashboard (Revenue, USD Billion, 2018-2027)
- Alphabet Inc.
- AVOXI Inc.
- Qualcomm Technologies Inc.
- Marvell Technology Inc.
- Advanced Micro Devices Inc.
- IBM Corporation
- Xilinx Inc.
- NVIDIA Corporation
- Intel Corporation
- Google LLC
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Data Center Accelerator Market, by Region, 2019-2027 (USD Billion)
1.2.2. Data Center Accelerator Market, by Type, 2019-2027 (USD Billion)
1.2.3. Data Center Accelerator Market, by Processor, 2019-2027 (USD Billion)
1.2.4. Data Center Accelerator Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Data Center Accelerator Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Data Center Accelerator Market Dynamics
3.1. Data Center Accelerator Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growth of cloud-based services
3.1.1.2. Rising deep learning usage in big data analytics
3.1.2. Market Challenges
3.1.2.1. Complex AI mechanism
3.1.3. Market Opportunities
3.1.3.1. Increasing requirements for co-processors due to the slowdown of Moore's Law
Chapter 4. Global Data Center Accelerator Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Data Center Accelerator Market, by Type
5.1. Market Snapshot
5.2. Global Data Center Accelerator Market by Type, Performance - Potential Analysis
5.3. Global Data Center Accelerator Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Data Center Accelerator Market, Sub Segment Analysis
5.4.1. Cloud data center
5.4.2. HPC data center
Chapter 6. Global Data Center Accelerator Market, by Processor
6.1. Market Snapshot
6.2. Global Data Center Accelerator Market by Processor, Performance - Potential Analysis
6.3. Global Data Center Accelerator Market Estimates & Forecasts by Processor 2018-2027 (USD Billion)
6.4. Data Center Accelerator Market, Sub Segment Analysis
6.4.1. CPU
6.4.2. GPU
6.4.3. FPGA
6.4.4. ASIC
Chapter 7. Global Data Center Accelerator Market, by Application:
7.1. Market Snapshot
7.2. Global Data Center Accelerator Market by Application, Performance - Potential Analysis
7.3. Global Data Center Accelerator Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.4. Data Center Accelerator Market, Sub Segment Analysis
7.4.1. Deep learning training
7.4.2. Public cloud interface
7.4.3. Enterprise interface
Chapter 8. Global Data Center Accelerator Market, Regional Analysis
Related Report:
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A data center is made up of various data servers kept in the same complex. Just like computers, the servers need certain environmental conditions, like network connections for accessing the Internet and moderate levels of humidity and heat.
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The data center infrastructure market is projected to experience a remunerative growth phase over the coming time period owing to rapid urbanization, increasing digitization of government services, booming e-commerce sector, growing demand for DCIM software, and rising adoption of UPS systems due to increasing incidents of power outages. Data centers are one of the main components of numerous companies' business strategies. Data center infrastructure is the main core hardware or physical resources as well as components such as IT infrastructure devices, technologies, and equipment that make up a data center. This is further modeled as well as identified into an essential design plan which includes an entire listing of important infrastructure components that are used to create a data center.
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