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Data Center Accelerator Market Size

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

Data Center Accelerator Market Size

Data Center Accelerator Market size was valued at USD 8.1 billion in 2023 and is predicted to register at a CAGR of over 25% between 2024 and 2032. Rapid technological advancements in AI including deep learning and Machine Learning (ML) are driving the expansion of the market. The growing demand for accelerated computing power to handle complex AI workloads propels the development of specialized accelerators, enhancing processing capabilities. For instance, in December 2023, AMD unveiled its Instinct MI200 GPU, a high-performance AI accelerator designed to rival Nvidia's offerings. It features AMD's CDNA 2 architectures, offering advanced computing capabilities for AI workloads.


The increasing investments in the IT & telecom sector across Latin America and the Middle East & Africa (MEA) are propelling the data center accelerator market. The growing demand for high-performance computing and data processing capabilities fuels the adoption of accelerators, supporting the development of advanced data center infrastructure to meet the evolving needs of these regions. According to the International Trade Administration, the Brazilian Information Technology (IT) market was valued at USD 45.2 billion in 2022. Brazil ranks 12th in the global IT market and represents 36.5% of the Latin America market.

Data center accelerators require specialized infrastructure to accommodate high-performance computing needs. Building and maintaining such infrastructure involve substantial costs and expertise. Meeting the demand for specialized equipment, cooling systems, and power solutions poses a challenge, necessitating significant investments from organizations to deploy and manage the necessary resources. This is impacting the scalability and accessibility of advanced data center accelerators in the market.

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

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Premium Report Details

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