Published Date: 26-Sep-2021
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According to a new report Global Data Center Accelerator Market, published by KBV research, The Global Data Center Accelerator Market size is expected to reach $75.2 billion by 2027, rising at a market growth of 34% CAGR during the forecast period.
Based on the processor, FPGA is projected to witness a high growth rate over the forecast period. It is due to the high adoption of FPGAs for boosting enterprise workloads. Due to the augmenting data growth, data center operators need to strike a balance between the requirement for the performance at scale and the operational efficiencies. Data centers are highly implementing Intel Xeon Scalable processors to fulfill data-intensive performance needs to improve performance and power efficiencies.
The CPU market dominated the Global Data Center Accelerator Market by Processor Type 2020, growing at a CAGR of 33.5 % during the forecast period. The FPGA market is showcasing a CAGR of 33.7% during (2021 - 2027). The GPU market is anticipated to witness a CAGR of 34.7% during (2021 - 2027). Additionally, The ASIC market is expected to witness highest CAGR of 35.8% during (2021 - 2027).
Region-wise, Asia Pacific is among the leading regions in the data center accelerator market over the forecast period. This growth is owing to the increasing demand for data center accelerators in China. The data center market is developing in China because multinational and domestic enterprises are gradually shifting to cloud services providers (CSPs) and colocation solutions. In addition, the demand for data centers in China has extended the available supply as companies seek improved connectivity and scalable solutions for their flourishing businesses.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Processor Type
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