Accelerator Card Market Size, Opportunities, Demand, Growth,...

Accelerator Card Market Size, Opportunities, Demand, Growth, Application and Forecast to 2030

Posted 2022-11-24 07:19:01

Market Overview

By 2025, the Accelerator Card Market is forecast to grow at a CAGR of 40.47% and reach USD 28,995.7.

Accelerator cards are a special kind of extension card created to accelerate certain workloads in data centers, cloud servers, and high-performance computing. Artificial intelligence (AI), massive data analysis, and other intricate tasks require the utilization of accelerator cards. Accelerator cards are plugged into PCIe slots and are programmable, allowing the user to give the card instructions to carry out intricate tasks. Accelerator cards are significantly more efficient than microprocessors. These cards have extra algorithms that can perform sophisticated tasks that the host processor might not be able to handle or that might take a long time to process.

The market share of Accelerator cards has increased as a result of the growing use of AI and machine learning due to its efficacy and efficiency. These cards aid in enhancing a system's video performance and graphic processing.

Artificial intelligence (AI) and high-performance computing are in increasing demand. Due to the widespread use of accelerator cards in data centers for high-performance computing, the accelerator card market is experiencing profitable growth. The development of a COVID-19 vaccination was made possible by advanced technologies. High-performance computing is being used by scientists all over the world to run sophisticated mathematical models based on COVID-19 pandemic data.

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Regional Classification

A significant amount of the accelerator card market share is anticipated to go to the North American region. It is expected that the US and Canada will contribute significantly to the industry during the forecast period. Additionally, the use of data centers is expanding in the North American market. The APAC region is anticipated to see the fastest growth rate during the forecast period of 2019–2025, continuing the trend. The growth of technologies like on-premise, third-party support, private cloud, public cloud, and hosted cloud, among others, is supporting an increase in the investment in data centers.

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Market Segmentation

By Processor type

The market for accelerator cards includes a variety of process types, including field-programmable gate arrays (FPGA), application-specific integrated circuits (ASIC), and central processing units (CPU) (FPGA).

By Accelerator Type

The cloud accelerator and high-performance computing accelerator are both parts of the accelerator card market.

By Application

Mobile phones, video and image processing, data analytics, machine learning, and financial computing are among the other applications in the accelerator card market size.

Industry News

Due to their widespread use in data center services and ability to significantly speed up machine learning applications, CPU and GPU accelerator cards are in high and steady demand. During the forecast period, which ends in 2025, the North American business players are developing the use of these cards in addition to enhancing cloud computing services and offering simplicity and convenience.

The accelerator card designers are putting unique and innovative tactics into practice that will increase the target audience's desire for these cards and their variety in various regional regions.