Global Accelerator Card Market

Accelerator Card Market Size, Share, Growth Analysis, By Type(High-Performance Computing Accelerator, and Cloud Accelerator), By Processor Type(Central Processing Units (CPU), Graphics Processing Units (GPU)), By Application(Video and Image Processing, Machine Learning) - Industry Forecast 2024-2031

Report ID: SQMIG45K2110 | Region: Global | Published Date: May, 2024
Pages: 197 | Tables: 93 | Figures: 80

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Accelerator Card Market size was valued at USD 10.1 billion in 2022 and is poised to grow from USD 14.05 billion in 2023 to USD 196.9 billion by 2031, growing at a CAGR of 39.1% in the forecast period (2024-2031).

Accelerator card companies should invest heavily in the research and development of new products that are much more affordable than what’s currently available in the marketplace. Accelerator card market players can also focus on collaborating with cloud technology providers to develop specialized and custom accelerator cards. Mergers and acquisitions will remain highly lucrative strategies for companies looking to expand their market share and presence. 'AMD', 'Ditto Labs', 'FUJITSU', 'Cisco Systems, Inc.', 'IBM', 'AVOXI ', 'Clarifai, Inc. ', 'Lattice Semiconductor ', 'Microsemi', 'NVIDIA', 'Mellanox Technologies', 'Xilinx', 'Vantis PLC', 'Intel', 'Leap Motion ', 'Algolux', 'SiliconBlue Technologies', 'Mad Street Den Inc. ', 'Lenovo', 'Microsoft', 'HP', 'Dell', 'Cypress Semiconductor Corporation', 'Supermicro'

Artificial intelligence technology is advancing at an exponential pace, and this is why AI workloads are increasing rapidly around the world. Accelerator cards play a crucial role in efficient management of this increased AI workload.

Customization: Accelerator card manufacturers should focus on collaborating or partnering with various companies to create custom accelerator cards that are designed for specific applications. This will help companies expand their sales potential and give them a competitive edge over other market players.

North America is estimated to account for a substantial share of the accelerator card market owing to the presence of multiple data centers and rising demand for high-performance computing. High adoption of cloud technology is also forecasted to augment the demand for accelerator cards in this region. Canada and the United States are forecasted to be the leading markets for accelerator card companies in this region. Rising number of hyperscale data centers in this region will also promote accelerator card adoption in the future.

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Global Accelerator Card Market

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