Data Center Accelerator Market Size, Share, Analysis Report by
2032
The global data center accelerator market is anticipated to
grow at a CAGR of 25% between 2024-2032, driven by a surge in demand for
efficient data processing, along with incorporation of artificial intelligence
(AI) and machine learning (ML) applications.
According to According to a recent NielsenIQ study, 78% of
US consumers prioritize a sustainable lifestyle. Accelerators designed with a
focus on energy-efficient processing are gaining traction as organizations seek
to reduce their carbon footprint and operational costs. This trend aligns with
the growing awareness of the environmental impact of data centers, prompting
businesses to invest in accelerators that offer high performance while
minimizing energy consumption. Moreover, the escalating demand for high-performance
computing (HPC) applications across industries such as finance, healthcare, and
research has also contributed to market growth.
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The overall data center accelerator industry is classified
based on processor type, type, application, end-use, and region.
The GPU segment is set to grow significantly during the
study period, driven by the increasing adoption of GPUs in data centers to
accelerate a diverse range of applications. Graphics Processing Units (GPUs)
have evolved beyond their traditional role in rendering graphics to become
indispensable for parallel processing tasks. Moreover, the parallel
architecture of GPUs makes them well-suited for handling the parallelized
workloads of modern applications, including AI and ML algorithms.
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The cloud accelerator segment is poised to expand
significantly through 2032, as cloud adoption continues to be a strategic
imperative for organizations seeking digital transformation. Cloud accelerators
are vital in enhancing the performance and efficiency of cloud-based
applications, enabling businesses to harness the benefits of scalability and
flexibility.
Asia Pacific data center accelerator market is expected to
grow rapidly through 2032, owing to a burgeoning technological adoption, rapid
urbanization, and a growing digital economy. Countries like China, India, and
Japan are adding to industry revenue, with increasing investments in data
center infrastructure and the adoption of advanced technologies. Moreover, the
demand for data-intensive applications and services is propelling the need for
data center accelerators in the region.
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