The data
center accelerator market is projected to grow from USD 13.7 billion in
2021 to USD 65.3 billion by 2026; it is expected to grow at a CAGR of 36.7%
from 2021 to 2026.
Why data center accelerator are used?
In data
centers, co-processors or accelerators are used for the work offload of
computationally intensive applications. Accelerators are designed to perform
complex computational functions in parallel with the general-purpose processor,
with higher execution speed. The data center accelerators facilitate a
significant increase in the performance of these data centers
What is the impact of covid-19 on the data
center accelerator market?
The impact
of the COVID-19 pandemic on the growth of the data center accelerator market is
low. From a regional point of view, the outbreak of COVID-19 has caused a major
setback to the exports-oriented economies, owing to the temporary shutting down
of manufacturing plants. The automotive industry of Germany has been severely
affected as most of the automobile trade takes place with China and Italy.
Besides the issues related to exports and imports, the growth of the
manufacturing industry in Germany has been hampered due to the closure of
manufacturing plants and slowdown in operations to contain the spread of
COVID-19.
On the other
hand, the use of AI in manufacturing, enterprises, as well as in organizations
has become essential owing to remote working and the opportunities offered by
AI. Companies are focusing on adopting newer means of technologies and ease
their processes. This has had positive growth for the data center accelerator
market as the adoption of AI has been higher during the pandemic. Hence, the
data center accelerator market is projected to witness strong growth in the
next five years, with most of the processes getting automated.
What are the technological trends going in the
data center accelerator market?
GPU
technology is transforming and advancing at a rapid pace. As the demand for
accelerated computing is rising, businesses and enterprises are finding it
difficult to achieve the same through regular CPU-based servers due to on-premises
hosting limitations. As a result, the adoption of on-demand GPU cloud
computing-based solutions is increasing. These can run compute-intensive HPC
workloads and offer bandwidth speeds comparable to those offered by on-premises
GPU. Companies such as Microsoft, Amazon, and IBM offer cloud GPU solutions in
partnership with firms such as NVIDIA and AMD. The advent of cloud gaming is
further projected to improve the penetration of cloud GPUs as companies, such
as Shadow, Google, and NVIDIA, expand their online cloud gaming services to
support real PC gameplay by using hardware-based GPU virtualization.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48984803
The growing
adoption of GPU cloud for machine learning is projected to increase the future
applications of GPU in various nascent HPC applications across sectors.
Further, the improvements in data security due to hardware-level virtualization
and the increase in the number of certifications related to performance,
safety, and efficiency being offered by the cloud GPU could positively impact
their adoption in the coming years in several sectors, such as aerospace and
defense, healthcare, and BFSI. For instance, Fujifilm made use of Nvidia Quadro
GPUs to power its 3D mammography solution, the AMULET tool. The use of Quadro
K2000 helped deliver high image quality, which meets the demand of the doctors
to derive accurate reads. Moreover, using a single GPU to power a multi-display
AMULET system results in developing a solution that is simple and affordable.
Using the Quadro GPU, Fujifilm has made the AMULET system ultra-fast,
responsive, and consistently reliable in critical conditions.
Which are the major companies in the data
center accelerator market?
Intel
Corporation (US), Google. Inc (US), NVIDIA Corporation (US), Xilinx Inc. (US),
IBM Corporation (US), Advanced Micro Devices, Inc (US), Marvell Technology
(Hamilton), and Qualcomm Technology (US) are the players dominating the global
data center accelerator market. .
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B
research on 30,000 high growth niche opportunities/threats which will impact
70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers
worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach MarketsandMarkets™
for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
“Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with
the clients to identify new opportunities, identify most important customers,
write “Attack, avoid and defend” strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth
emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive
intelligence and market research platform, “Knowledgestore” connects over
200,000 markets and entire value chains for deeper understanding of the unmet
insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™
INC.
630
Dundee Road
Suite
430
Northbrook,
IL 60062
USA:
1-888-600-6441
No comments:
Post a Comment