The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Data Center Accelerator Global Market Report 2024 offers crucial insights into the data center accelerator market help businesses analyse and build stronger strategies.

Market Expansion and Projections

• The data center accelerator market has experienced exponential growth, surging from $19.39 billion in 2023 to $26.85 billion in 2024, boasting a remarkable CAGR of 38.5%.
• Historic growth catalysts include increasing data processing demands, energy efficiency requirements, and the adoption of deep learning technologies.
• Future projections anticipate accelerated growth, with the market set to reach $100.93 billion by 2028, driven by customization, enhanced security, and real-time analytics demands.

Rising Demand for Cloud-Based Services

• The burgeoning demand for cloud-based services acts as a significant driver for data center accelerator market growth.
• Cloud services enhance operational efficiency and scalability, leading to increased adoption across industries.
• Companies like IBM witness substantial revenue boosts due to the surge in demand for cloud computing solutions, driving the growth of data center accelerators.

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Strategic Partnerships Driving Innovation

• Major players in the data center accelerator market forge strategic partnerships to co-develop advanced solutions.
• Collaborations result in the launch of co-designed chips aimed at enhancing data center performance and security.
• Examples include Intel’s partnership with Google to launch the E2000 chip, focusing on improving data center efficiency and data protection.

Acquisitions Strengthening Ecosystem Dominance

• Strategic acquisitions, such as Qualcomm Technologies’ acquisition of NUVIA, strengthen CPU roadmaps and ecosystem dominance.
• NUVIA’s expertise in system-on-chips (SoC) and CPU cores enhances Qualcomm’s technical position across various ecosystems.
• Acquisitions pave the way for innovation and enhanced capabilities within the data center accelerator market.

Market Segmentation and Dynamics

• The data center accelerator market segments include processor types like CPU, GPU, FPGA, and ASIC, catering to diverse computational needs.
• Types of accelerators encompass high-performance computing (HPC) accelerators and cloud accelerators, each serving unique use cases.
• Applications span deep learning, public cloud interfaces, and enterprise interfaces, catering to a wide range of industries and requirements.

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The Data Center Accelerator Global Market Report 2024  provides a comprehensive outlook of the data center accelerator market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The data center accelerator market forecast offers a thorough analysis on data center accelerator market size, data center accelerator market share, prominent players and their strategies.

The Table Of Content For The Data Center Accelerator Market Include:
1. Data Center Accelerator Market Executive Summary
2. Data Center Accelerator Market Segments
3. Data Center Accelerator Market Size And Data Center Accelerator Market Growth Rate
4. Key Data Center Accelerator Market Trends
5. Major Data Center Accelerator Market Drivers
……
25. Key Mergers And Acquisitions In The Data Center Accelerator Market
26. Top Data Center Accelerator Companies
27. Data Center Accelerator Market Opportunities And Strategies
28. Data Center Accelerator Market, Conclusions And Recommendations
29. Appendix

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