Data Center Accelerator Market Worth US $ 21.19 Billion by 2023

The data center accelerator market is expected to reach USD 21.19 billion by 2023 from USD 2.84 billion by 2018, at a CAGR of49.47%from 2018 to 2023.

August 30, 2018 /MarketersMedia/ —

Data Center Accelerator Market report includes the market statistics pertaining to the data center accelerator type, automation, function, application, and geography, along with their respective market size. Key players operating in the Data Center Accelerator Market include NVIDIA (US), Intel (US), Alphabet (US), Advanced Micro Devices (US), Achronix Semiconductor (US), Oracle (US), Xilinx (US), IBM (US), HP (US), Dell (US), Lenovo (China), Fujitsu (Japan), and Cisco (US).

The data center accelerator market is expected to reach USD 21.19 billion by 2023 from USD 2.84 billion by 2018, at a CAGR of49.47%from 2018 to 2023. The focus toward parallel computing in AI data centers is amajor factor driving the market. However, premium pricing of accelerators is a restraining factor for the data center accelerator market growth.

Download Brochure of Data Center Accelerator Market spread across 126 Pages, Profiling 13 Companies and Supported with 51 Tables and 48 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1626494 .

Target Audience:
• Software-as-a-service (SaaS) providers
• Platform-as-a-service (PaaS) providers
• Infrastructure-as-a-service (IaaS) providers
• System integrators
• Market research and consulting firms
• Head of IT and operations in organizations
• Investors and venture capitalists
• Business intelligence providers

“Market for FPGA to grow at highest CAGR during forecast period”
The market for FPGA is expected to grow at the highest CAGR during the forecast period owing to the increasing adoption of FPGAs for the acceleration of enterprise workloads. Also, FPGAs are associated with advantages such as rapid prototyping, shorter time-to-market, reprogram ability in the field for debugging, and longevity.

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“Market for enterprise interface to grow at highest CAGR during forecast period”
The market for enterprise interface is expected to grow at the highest CAGR during the forecast period. The market for enterprise interface is expected to gain traction in the coming years on the back of the hyper-scale cloud-based companies—such as Google (US), Face book (US), and Amazon (US)—which are more focused on digital transformation to build similar types of cloud-native applications; this is a key factor contributing to the growth of the market for this application. The cloud-native application development requires a new set of tools, methodologies, and underlying IT infrastructure. With the availability of both open-source and commercial software, the cloud-native architecture has been widely adopted by enterprises.

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“Data center accelerator market in APAC to grow at highest CAGR during forecast period”
The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of the data center accelerator market in APAC is mainly attributed to the organizations in APAC that prefer deploying a hybrid cloud. The organizations are adopting a mix of on-premise, third-party, co-location, private cloud, hosted cloud, and public cloud—depending on nature of workloads, legacy decisions made by the team, budgets, technology maturity within the organization, etc. North America is expected to hold the largest share of the market by 2018.Key reasons attributing to the growth isthe increasing demand for sophisticated infrastructure and services in North America, which makes data center owners opt for the ANSI/TIA-942 standard and also, encourages them to continually invest in upgrading their equipment and processes.

Following is the breakdown of primary participants’ profiles by different parameters:
• By Company type: Tier 1 –45%, Tier 2 – 32%, and Tier 3 – 23%
• By Designation: C-Level –30%, Directors–45%, and Others –25%
• By Region: North America– 26%, Europe– 40%, APAC–22%, and RoW – 12%

List of Tables
Table 1 Data Center Accelerator Market, By Processor Type, 2016–2023 (USD Million)
Table 2 Data Center Accelerator Market for CPU, By Application, 2016–2023 (USD Million)
Table 3 Data Center Accelerator Market for CPU, By Type, 2016–2023 (USD Million)
Table 4 Data Center Accelerator Market for CPU, By Region, 2016–2023 (USD Million)
Table 5 Data Center Accelerator Market for GPU, By Application, 2016–2023 (USD Million)
Table 6 Data Center Accelerator Market for GPU, By Type, 2016–2023 (USD Million)
Table 7 Data Center Accelerator Market for GPU, By Region, 2016–2023 (USD Million)
Table 8 Data Center Accelerator Market for FPGA, By Application, 2016–2023 (USD Million)
Table 9 Data Center Accelerator Market for FPGA, By Type, 2016–2023 (USD Million)
Table 10 Data Center Accelerator Market for FPGA, By Region, 2016–2023 (USD Million)
Table 11 Data Center Accelerator Market for ASIC, By Application, 2016–2023 (USD Million) and more..

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Release ID: 400964