The latest market report published by Credence Research, Inc. “Global Data Center Accelerator Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2027. The data center accelerator market generated US$ 14.4 billion in revenue in 2021 and is expected to reach US$ 73.4 billion by 2027. Throughout the forecast period, the market is expected to grow at a CAGR of 31.2%.
The Data Center Accelerator Market refers to the industry focused on providing hardware and software solutions that enhance the performance and efficiency of data centers. Data centers are facilities used by organizations to store, process, and manage large volumes of data and information. As the demand for data processing and storage continues to grow, data center operators are constantly seeking ways to improve their infrastructure's speed, power efficiency, and overall performance.
Data center accelerators are specialized components or devices designed to boost the processing capabilities of servers and other equipment within a data center. These accelerators can take various forms, including graphics processing units (GPUs), field-programmable gate arrays (FPGAs), application-specific integrated circuits (ASICs), and other specialized hardware. They are integrated into data center servers to offload specific tasks like artificial intelligence (AI) and machine learning (ML) computations, data compression, encryption, and more.
The Data Center Accelerator Market is driven by the increasing demand for high-performance computing (HPC), AI, and ML workloads in data centers. These accelerators can significantly speed up complex computations, making them essential for applications like deep learning, scientific research, and big data analytics. Additionally, they can help data center operators reduce power consumption and improve the overall efficiency of their infrastructure.
Here are some notable partnerships and acquisitions in this market:
Partnerships and Collaborations:
· NVIDIA and Major Data Center Providers: NVIDIA, a leading GPU manufacturer, has formed partnerships with major data center providers like AWS, Google Cloud, and Microsoft Azure. These partnerships involve the integration of NVIDIA GPUs into these providers' cloud services to accelerate AI and HPC workloads.
· Intel and FPGA Vendors: Intel has collaborated with FPGA (Field-Programmable Gate Array) vendors like Xilinx and Altera (now part of Intel) to integrate FPGA accelerators into their data center solutions. These partnerships aim to offer versatile acceleration options for data center workloads.
· AMD and Cloud Service Providers: Advanced Micro Devices (AMD) has partnered with cloud service providers, including AWS and Microsoft Azure, to offer AMD-based GPU instances for cloud-based AI and ML workloads.
Acquisitions:
· NVIDIA's Acquisition of Mellanox: NVIDIA acquired Mellanox Technologies, a leading provider of high-performance networking solutions, in a significant deal. This acquisition allows NVIDIA to offer a comprehensive portfolio of data center accelerators, including GPUs and high-speed networking technology.
· Intel's Acquisition of Nervana: Intel acquired Nervana Systems, a startup specializing in AI hardware, to enhance its AI acceleration capabilities. This acquisition led to the development of Intel's Nervana Neural Network Processors (NNP) for data center AI workloads.
· Xilinx Acquisition by AMD: AMD acquired Xilinx, a leading FPGA manufacturer, to strengthen its data center product offerings. This acquisition allows AMD to integrate Xilinx's FPGA technology with its CPU and GPU solutions for data center acceleration.
Browse 247 pages report Data Center Accelerator Market by Processor Type (Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field-Programmable Gate Array (FPGA), Application-Specific Integrated Circuit (ASIC)) by Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface) by Deployment Type (On-premise, Cloud based): Growth, Future Prospects, and Competitive Analysis, 2015 – 2027 - https://www.credenceresearch.com/report/data-center-accelerator-market
The growth of the Data Center Accelerator Market worldwide is influenced by several key factors:
Increasing Data Processing Demands: The exponential growth of data generated by various sources, such as IoT devices, social media, and online transactions, has led to a greater need for data processing and analysis. Data center accelerators are essential in handling these massive workloads efficiently.
Rise in Artificial Intelligence (AI) and Machine Learning (ML): AI and ML applications are becoming ubiquitous across industries. Data center accelerators, particularly GPUs, are critical for accelerating AI and ML workloads, leading to a higher demand for these accelerators in data centers.
Cloud Computing and Hyperscale Data Centers: The expansion of cloud computing services and hyperscale data centers by tech giants like Amazon, Google, and Microsoft has fueled the demand for data center accelerators. These facilities rely on accelerators to provide high-performance computing resources to their customers.
Energy Efficiency Concerns: Data centers are increasingly focused on reducing power consumption and improving energy efficiency to meet environmental regulations and reduce operational costs. Accelerators can help achieve these goals by offloading tasks from traditional CPUs, which consume more power.
Big Data Analytics: Enterprises are using big data analytics to gain insights into their operations and customers. Data center accelerators enhance the processing speed of these analytics, making them indispensable for businesses.
Emerging Technologies: Advancements in technologies like 5G, edge computing, and autonomous vehicles require data centers to process and respond to data in real-time. Accelerators are crucial in meeting the low-latency and high-performance demands of these technologies.
Why to Buy This Report-
· The report provides a qualitative as well as quantitative analysis of the global Data Center Accelerator Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
· The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
· Major nations in each region with their import/export statistics
· The global Data Center Accelerator Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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