Data Center Accelerator Market is Primarily Driven by Surge in demand for cloud-based services along with a rise in the demand for deep learning across the business around the world

1. Data Center Accelerator Market : To
Witness Excellent Revenue Growth,
Emerging Trends
Data center accelerator is a hardware device or software program that enhances
computer performance by processing visual data. Data center accelerator help to
enhancing the use of arti cial intelligence (AI)-based services, also helps in
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2. increasing the consumer-centric data demand to propel the AI-driven data centers,
thereby, improves the performance of data center.
Data center accelerators are specially designed to improve performance, solve
customer problems, by increasing power ef ciency and reducing cost
Rise in demand for enhancement of application performance, mounting need for
data centers and cloud services, initiatives for ecological data center solutions, and
increase in demand for consumer-driven data are fueling the data center
accelerator market
The global data center accelerator market is projected to expand at a rapid pace
during the forecast period, due to an increase in the rate of adoption of advanced
technologies across the globe
Global Data Center Accelerator Market: Dynamics
Global Data Center Accelerator Market: Key Drivers
Surge in demand for cloud-based services along with a rise in the demand for deep
learning across the business around the world is a primary factor driving the data
center accelerator market.
Evolution of technologies, such as arti cial intelligence (AI) and machine learning,
has fueled the demand for cognitive computing technology across several industry
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3. verticals including, industrial, automotive, and consumer, which is also fueling the
demand for data center accelerator.
The number of companies offering machine learning as a cloud service is increasing
due to high demand for AI. Thus, an increase in rate of adoption of cloud-based
technology is boosting the need for deep learning, which in turn is projected to
propel the data center accelerator market during the forecast period.
High prices of accelerators and lack of AI hardware specialists are acting as major
restraints for the data center accelerator market
Moreover, huge demand for FPGA-based (Field Programmable Gate Arrays)
accelerators along with increasing focus toward arti cial intelligence (AI) data
centers are expected to offer signi cant opportunities for key players of the global
data center accelerator market
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4. COVID-19 pandemic has largely impacted the overall economy across all sectors all
over the world. It has also shifted focus toward digitalization. Several industries are
worse impacted by this pandemic; however, some industries are bene ting from this
pandemic. However, the adoption of AI is growing during this pandemic to increase
process ef ciency, and enhance experience signi cantly. Therefore, the COVID-19
has positively impacted on the data center accelerator market.
Asia Paci c to Hold Major Share of Global Data Center Accelerator Market
In terms of region, the global data center accelerator market can be divided into
North America, Europe, Asia Paci c, Middle East & Africa, and South America
Asia Paci c dominated the global data center accelerator market due to the high
deployment of cloud technology, rise in demand for colocation solutions, and
increase in the number of data centers in the region
North America is expected to hold the second-highest share of the global market, in
terms of revenue, primarily because of an increase in the demand for sophisticated
infrastructure and related services
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5. Global Data Center Accelerator Market: Competition Landscape
Several players are active in the data center accelerator market, and a few of the major
players dominate the current market. Major companies operating in the data center
accelerator market are investing signi cantly in research & development to introduce
more innovations in their products. For instance, in April 2021, Intel Corporation
launched a 3rd Gen Intel Xeon Scalable processor. This processor delivers a balanced
architecture with built-in AI, advanced security capabilities, and crypto acceleration.
Key Players Operating in the Global Data Center Accelerator Market Include:
Intel Corporation
Google
NVIDIA Corporation
Xilinx Inc.
IBM Corporation
Advanced Micro Devices, Inc.
Marvell Technology Inc.
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6. Qualcomm
Micron Technology, Inc.
Achronix Semiconductor
NEC Corporation
Advantech Co., Ltd.
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