Data Center Accelerator Market size is expected to reach US$ 116.98 Bn by 2029, at a CAGR of 23.8% during the forecast period.

Data Center Accelerator Market Overview:

The Data Center Accelerator Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Data Center Accelerator Market, as well as the causes for variances in the industry’s growth in various places

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Data Center Accelerator Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Data Center Accelerator Market Drivers:

Growing demand of cloud based services and increased demand of AI based computation are major driving factor behind the growth of market. Surge in the cloud based machine learning offering by the companies, increasing demand for artificial intelligence in high performance computing data centers, growing attention toward equivalent computing in AI data centers, expanding market for FPGA-Based accelerators and surge in the demand for coprocessors due to slowdown of Moore’s law are expected witness high growth during forecast period. Increasing data storage needs in the worldwide market and rising usage of mobile data owing to rising applications in the market and internet usage in various businesses across the globe is ultimately propelling the growth of market.

Nevertheless, high initial premium cost of data center accelerators is major restraining factor that could hamper the growth of market. Lack of AI hardware experts, inconsistency of AI algorithms and lack of feasibility offering for SMEs could obstruct the growth of market.

Data Center Accelerator Market Market Segmentation:

by Processor Type

• CPU
• GPU
• FPGA
• ASIC

by Type

• HPC Accelerator
• Cloud Accelerator

by Application

• Deep Learning Training
• Public Cloud Interface
• Enterprise Interface

by Industry

• IT & Telecom
• Healthcare
• BFSI
• Government
• Energy
• Others

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Data Center Accelerator Market Key Players: The key players are

• NVIDIA
• Intel
• Alphabet
• Advanced Micro Devices
• Achronix Semiconductor
• Oracle
• Xilinx
• IBM
• Hewlett Packard Enterprise
• Dell
• Riverbed Technology
• AVOXI
• Clarifai Inc.
• Lattice Semiconductor
• MicroSemi
• Algolux
• SiliconBlue Technologies
• Vantis PLC
• Leap Motion
• Mad Street Den Inc.

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Data Center Accelerator Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Data Center Accelerator Market Report are:

Which sub-segment had the largest share in the Data Center Accelerator Market?

How is the competitive landscape of the Data Center Accelerator Market in 2023?

Which are the key drivers impacting the Data Center Accelerator Market growth?

Which region holds the maximum share in the Data Center Accelerator Market?

What will be the CAGR of the Data Center Accelerator Market during the forecast period (2023-2029)?

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