Accelerator cards play a pivotal role in enhancing the overall performance of diverse devices, including servers, workstations, supercomputers, cloud servers, HPC servers, laptops, and tablets. As the volume of data generation experiences exponential growth, data center operators are faced with the challenge of striking a balance between the imperative for scalable performance and operational efficiencies. The flourishing utilization of AI-based services and the escalating consumer-driven data landscape are pivotal factors contributing positively to the expansion of the accelerator card market. Notably, the manufacturing industry is anticipated to witness significant growth in this market, driven by an increasing demand for high-performance devices and the widespread adoption of user-friendly data compression techniques.
The global demand for accelerator cards has witnessed a considerable upswing, propelled by factors such as the proliferation of cloud computing applications, the expansion of private and public cloud data, and the surging need for artificial intelligence, financial analysis, and image and video processing. Despite these driving forces, challenges such as the high cost of accelerator cards, a shortage of technical expertise, and the rapid evolution of technologies are anticipated to hinder the full realization of the market's potential.
In terms of classification, the global accelerator card market is categorized based on accelerator type, processor type, and application. The accelerator card market encompasses high-performance computing accelerators and cloud accelerators, with high-performance computing accelerator cards dominating the market in 2018. The processor type segmentation includes graphics processing units (GPU), central processing units (CPU), field-programmable gate arrays (FPGAs), and application-specific integrated circuits (ASIC). Notably, the FPGA segment is projected to exhibit the highest Compound Annual Growth Rate (CAGR) during the forecast period. On the application front, the market spans data analytics, machine learning, video and image processing, financial computing, mobile phones, and others, with the data analytics segment leading the market in 2018.
The global landscape of accelerator card manufacturing involves various entities, including manufacturers, government research firms, universities, and technical institutes, all actively contributing to the advancement of the semiconductor industry. Key players in the global accelerator card market include NVIDIA Corporation, Intel Corporation, Advanced Micro Devices Inc., Xilinx Inc., Oracle Corporation, Fujitsu Ltd, Cisco Systems Inc., HP Development Company, L.P, Huawei Technologies Co. Ltd, IBM Corporation, Achronix Semiconductor Corporation, and Kalray Corporation, among others. The competitive dynamics within the accelerator card market are intensifying rapidly, driven by the entry of new players catering to diverse application areas. As innovation and competition continue to shape the market landscape, the accelerator card sector is poised for dynamic growth and evolution.
Covered Aspects:Report Attribute/Metric | Details |
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Market Size Value In 2022 | USD 10.1 Billion |
Market Size Value In 2023 | USD 14.1 Billion |
Growth Rate | 40.40% (2023-2032) |
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