Europe Data Center Accelerator Market By Type (HPC Data Center and Cloud Data Center), By Processor Type (CPU, FPGA, GPU and ASIC), By Application (Deep Learning Training, Public Cloud Interface and Enterprise Interface), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the Europe Data Center Accelerator Market
Market Report Description
The Europe Data Center Accelerator Market would witness market growth of 33% CAGR during the forecast period (2021-2027).
The growing demand for the data center is extending the current infrastructure to its limit, fulfilling the requirements for adaptable solutions, which could boost performance over a wide variety of workloads and expand the lifecycle of current infrastructure that eventually decrease total cost of ownership (TCO). The key players are majorly aiming on broadening their product portfolio to meet this demand and achieve a better market recognition.
Data centers are majorly shifting to artificial intelligence to handle several tasks from supervision of equipment to server optimization. FPGA-based adaptive computing is becoming the core of the data centers, in several cases; it has proved to be an effective and cost-efficient solution for operating complicated AI workloads.
The high popularity of cloud-based storage in this region is one of the key determinants spurring the growth of the regional data center accelerator market. Data center accelerators, especially FPGA-based accelerators, are the main component used to integrate with application-specific integrated circuits (ASICs). Further, there is a wide range of features offered by the data center accelerator, which is motivating companies to deploy these devices that would augment their demand in the region.
The increasing investment of the companies across this region in the adoption of various technologies like ML, AI, and others, is motivating key players of the data center accelerator market to expand their business in this region. The data storage requirement of the companies in this region is high that is pushing the regional data center accelerator market forward.
The Germany market dominated the Europe Data Center Accelerator Deep Learning Training Market by Country 2020, thereby, achieving a market value of $1,926.6 million by 2027. The UK market is estimated to grow at a CAGR of 30.6% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 32.5% during (2021 - 2027).
Based on Type, the market is segmented into HPC Data Center and Cloud Data Center. Based on Processor Type, the market is segmented into CPU, FPGA, GPU and ASIC. Based on Application, the market is segmented into Deep Learning Training, Public Cloud Interface and Enterprise Interface. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Data Center Accelerator Market Size will Hit $75.2 Billion by 2027, at a CAGR of 34%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, NEC Corporation, Google, Inc., IBM Corporation, Micron Technology, Inc., Advanced Micro Devices, Inc., Marvell Technology Group Ltd., NVIDIA Corporation, Xilinx, Inc. and Qualcomm, Inc.
Scope of the Study
Market Segments Covered in the Report:
- HPC Data Center
- Cloud Data Center
By Processor Type
- Deep Learning Training
- Public Cloud Interface
- Enterprise Interface
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Intel Corporation
- NEC Corporation
- Google, Inc.
- IBM Corporation
- Micron Technology, Inc.
- Advanced Micro Devices, Inc.
- Marvell Technology Group Ltd.
- NVIDIA Corporation
- Xilinx, Inc.
- Qualcomm, Inc.
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