Home > Semiconductors & Electronics > Data Center > Data Center Services > Data Center Accelerator Market

Data Center Accelerator Market Analysis

  • Report ID: GMI5190
  • Published Date: Dec 2023
  • Report Format: PDF

Data Center Accelerator Market Analysis

Based on the processor type, the CPU segment is poised to witness a CAGR of over 23% by 2032. As data centers increasingly prioritize versatile and high-performance computing solutions, Central Processing Units (CPUs) play a vital role. CPUs have the ability to handle diverse workloads efficiently. Their flexibility and compatibility make them a key component, contributing significantly to the anticipated market growth. For instance, in November 2023, Microsoft unveiled two in-house semiconductors: the Azure Cobalt CPU, designed for general workloads with a focus on energy-efficient performance, and the Azure Maia AI Accelerator, optimized for AI tasks and generative AI.

Data Center Accelerator Market Share, By Type, 2023

Based on the type, the data center accelerator market size from HPC accelerator segment dominated around USD 4.5 billion in 2023. As the demand for intensive computational tasks rises across industries, HPC accelerators, such as GPUs and FPGAs, gain prominence. These accelerators enhance processing speed and efficiency, making them crucial for scientific simulations, research, and data analytics. The increasing adoption of HPC solutions in data centers propels segment growth, addressing the evolving computational needs of modern applications.

U.S. Data Center Accelerator Market Revenue, 2022 -2032, (USD Billion)

North America region held approximately 35% share of the data center accelerator market in 2023, attributed to the increasing demand for advanced computing solutions. The region is characterized by a strong presence of key market players, substantial investments in technological advancements, and high adoption of data-intensive applications. The rising emphasis on AI, ML, and HPC further boosts the deployment of accelerators in data centers, contributing to the anticipated market growth in North America.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of data center accelerator reached USD 8.1 billion in 2023 and is set to depict over 25% CAGR from 2024 to 2032, owing to the rapid technological advancements in AI, including deep learning and ML.

The HPC accelerator segment generated more than USD 4.5 billion in 2023, due to the growing demand for intensive computational tasks across industries.

North America held around 35% of the market share in 2023, attributed to the growing demand for advanced computing solutions coupled with the substantial investments for technological advancements.

Some do the leading data center accelerator companies are Advanced Micro Devices, Inc., Dell Inc., IBM Corporation, Intel Corporation, Lattice Semiconductor, Lenovo Ltd., Marvell Technology Inc., Microchip Technology Inc., NEC Corporation, NVIDIA Corporation, Qualcomm Incorporated, and Synopsys Inc.

Data Center Accelerator Market Scope

Buy Now

Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 358
  • Countries covered: 22
  • Pages: 284
 Download Free Sample