How Has the Accelerator Card Market Size Evolved in Recent Years?
The accelerator card market has seen considerable growth due to a variety of factors.
• The accelerator card market is expected to see exponential growth, growing from $20.24 billion in 2024 to $27.99 billion in 2025, at a CAGR of 38.2%.
This increase is driven by higher demand for high-performance computing, the rise of big data analytics, complex data centers, the expansion of cloud computing, energy-efficient computing solutions, and digital transformation initiatives.
What Is The Forecast For The Accelerator Card Market By 2029?
The accelerator card market is expected to maintain its strong growth trajectory in upcoming years.
• The accelerator card market is expected to experience rapid growth, reaching $101.4 billion by 2029, at a CAGR of 38.0%.
Growth is driven by the demand for high-performance computing, data centers, cloud services, big data analytics, and energy-efficient computing. Key trends include advancements in AI and machine learning, high-performance computing, cloud service adoption, and innovations in accelerator technologies.
What Are The Essential Drivers Behind The Growth Of The Accelerator Card Market?
The rise in digitization is expected to accelerate the growth of the accelerator card market. Digitization improves efficiency, automation, and productivity, leading to greater adoption of digital technologies. Accelerator cards are key to managing complex digital workloads and applications, providing the computational power needed for tasks like data processing. According to the Central Digital and Data Office in November 2023, the UK government’s digital sector grew by 19% from 2022 to 2023, indicating the expanding demand for digital infrastructure and the associated need for accelerator cards.
How Is The Global Accelerator Card Market Divided Into Key Segments?
The accelerator card market covered in this report is segmented –
1) By Type: High-Performance Computing Accelerator, Cloud Accelerator
2) By Processor Type: Central Processing Units (CPU), Graphics Processing Units (GPU), Field Programmable Gate Arrays (FPGA), Application Specific Integrated Circuits (ASIC)
3) By Application: Video And Image Processing, Machine Learning, Financial Computing, Data Analytics, Mobile Phones
Subsegemnts:
1) By High-Performance Computing Accelerator: GPU (Graphics Processing Unit) Accelerators, FPGA (Field-Programmable Gate Array) Accelerators, ASIC (Application-Specific Integrated Circuit) Accelerators
2) By Cloud Accelerator: Cloud GPU Accelerator Cards, Cloud FPGA Accelerator Cards
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What Trends Are Reshaping The Future Of The Accelerator Card Market?
Companies in the accelerator card market are introducing AI-enabled accelerator cards to improve performance across various applications. AI-enabled accelerator cards enhance the processing of AI workloads. For instance, in April 2023, Advanced Micro Devices, Inc. launched the AMD Alveo MA35D media accelerator card, designed for advanced video processing. The card supports the AV1 compression standard, offering increased channel density, reduced latency, and greater compression efficiency, while integrating AI capabilities for enhanced performance.
Who Are the Key Players In The Accelerator Card Market?
Major companies operating in the accelerator card market are:
• Dell Technologies Inc.
• Huawei Technologies Co. Ltd.
• Lenovo Group Limited
• Intel Corporation
• International Business Machines Corporation
• Cisco Systems Inc.
• Qualcomm Technologies Inc.
• Oracle Corporation
• Micron Technology Inc.
• Hewlett Packard Enterprise Development LP
• Fujitsu Limited
• NVIDIA Corporation
• Advanced Micro Devices Inc.
• ASUSTeK Computer Inc.
• NetApp Inc
• Marvell Technology Group
• Synopsys Inc.
• Microsemi Corporation
• Inspur Group
• Socionext Inc.
• Lattice Semiconductor Corporation
• IEI Integration Corporation
• Achronix Semiconductor Corporation
What Are The Regional Insights Into The Accelerator Card Market?
North America was the largest region in the accelerator card market in 2024. The regions covered in the accelerator card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
