In the dynamic accelerator card market, these specialized hardware components play a pivotal role in meeting the escalating demand for enhanced computing capabilities. As industries increasingly adopt AI, machine learning, and graphics-intensive applications, the need for efficient processing has surged. Accelerator cards, with their dedicated units and high-performance features, cater to this demand, driving market growth. Their ability to boost system performance aligns with the market's focus on optimizing computational efficiency and handling expansive datasets in various applications.
Data Bridge Market Research analyses that the Global Accelerator Card Market is expected to grow at a CAGR of 39.2% during the forecast period of 2023 to 2030, at a USD 10,040 million in 2022 and is further estimated to reach USD 12,640 million by 2030.
"Incresing high performance drive the market growth"
The global accelerator card market is propelled by the escalating demand for high-performance computing capabilities. As industries increasingly rely on sophisticated technologies such as AI and data-intensive applications, accelerator cards stand out for their ability to significantly speed up complex computational tasks. Particularly sought after in data centers, AI applications, and scientific research, these cards play a crucial role in meeting the growing need for accelerated processing, driving innovation, and efficiency in high-performance computing across diverse sectors.
What restraints the growth of the global accelerator card market?
"Compatibility challenges hamper the market growth"
Compatibility challenges pose a significant hurdle in the global accelerator card market. Integrating these specialized hardware components into existing infrastructure becomes complex due to issues with software and hardware compatibility. This results in implementation challenges and heightened costs. The struggle to seamlessly integrate accelerator cards into diverse systems impedes their widespread adoption, hindering the market's growth and limiting the realization of their potential in enhancing computing tasks for various applications.
Segmentation: Global Accelerator Card Market
The global accelerator card market is segmented on the processor type, accelerator type and application.
- On the basis processor type, the global accelerator card market is segmented into central processing units, graphics processing units, field programmable gate arrays, and application-specific integrated circuit
- On the basis accelerator type, the global accelerator card market is segmented into high-performance computing accelerator and cloud accelerator
- On the basis application, the global accelerator card market is segmented into video and image processing, machine learning, financial computing, data analytics, mobile phones, and others
Regional Insights: North America dominates the Global Accelerator Card Market
North America dominates the global accelerator card market, maintaining a substantial growth trajectory throughout the forecast period. This stronghold is attributed to the presence of major key players in the region, with the U.S. and Canada emerging as primary contributors. The proliferation of data centers in these countries fuels the demand for accelerator cards, further reinforcing North America's leadership in the market.
Asia-Pacific is poised to achieve the highest growth rate in the global accelerator card market during the forecast period. This surge is attributed to escalating investments in data centers and widespread adoption of on-premise, third-party, private cloud, public cloud, and hosted cloud technologies. The region's dynamic embrace of diverse computing environments positions it as a key driver for the accelerated expansion of the accelerator card market.
Recent Developments: Global Accelerator Card Market
- In May 2022, Lanner Electronics and Hailo introduced the Falcon H8 PCIe accelerator card, integrating Hailo-8 AI processors for high-performance deep learning applications in intelligent transport, smart cities, retail, and Industry 4.0. With 156 TOPS, low power consumption, and a compact form factor, it facilitates efficient edge server solutions for video analytics and various AI applications
- In April 2023, AMD unveiled the AMD Alveo MA35D media accelerator, designed for interactive streaming services. Featuring two 5nm ASIC-based VPUs, it supports AV1 compression, delivering up to 32x 1080p60 streams per card. With low-latency performance, power efficiency, and improved compression, its integrated AI processor and video quality engines enhance visual quality while minimizing bitrate
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The Prominent Key Players Operating in the Global Accelerator Card Market Include:
- NVIDIA Corporation (U.S.)
- Intel Corporation (U.S.)
- Alphabet Inc. (U.S.)
- Advanced Micro Devices, Inc. (U.S.
- Achronix Semiconductor Corporation (U.S.)
- Oracle (U.S.)
- Xilinx (U.S.)
- IBM (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Dell (U.S.)
- AVOXI (U.S.)
- Clarifai, Inc. (U.S.)
- Lattice Semiconductor (U.S.)
- Microsemi (U.S.)
- Algolux (Canada)
- SiliconBlue Technologies (U.S.)
- Vantis PLC (U.K.)
- Leap Motion (U.S.)
- Mad Street Den Inc. (U.S.)
- Lenovo ( China)
- Cypress Semiconductor Corporation (U.S.)
- Ditto Labs (U.S.)
- FUJITSU (Japan)
- Cisco Systems, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global accelerator card market companies, contact: https://www.databridgemarketresearch.com/contact
Research Methodology: Global Accelerator Card Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
