Accelerator Card Market Research Report - Global Forecast till 2027

Accelerator Card Market Research Report: By Processor Type (Central Processing Units (CPU), Graphics Processing Units (GPU), Field Programmable Gate Arrays (FPGA), Application-Specific Integrated Circuit (ASIC)), Accelerator Type (High-Performance Computing Accelerator, Cloud Accelerator), Application (Video and Image Processing, Machine Learning, Financial Computing, Data Analytics, Mobile Phones, Others) and Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2027

ID: MRFR/SEM/8092-CR | April 2020 | Region: Global | 153 pages

Impact of COVID-19 on the Accelerator Card Market

Accelerator cards are widely used in data centers, cloud servers, and high-performance computing to accelerate various workloads. They help the enterprises to run high-performance data and compute-intensive applications rapidly and more efficiently. The use of accelerator cards in cloud services is expected to drive the growth of the cloud computing market, which, in turn, results in the growth of the accelerator card market. The COVID-19 pandemic has resulted in nationwide lockdowns and the shutting down of businesses. However, the cloud computing market is witnessing growth owing to the novel Coronavirus. The rise in the number of COVID-19 cases has resulted in a massive shift in the methods of operating businesses. It has forced the employees across the world to work from home, which has strongly impacted the cloud computing market. Besides, in the healthcare sector, the demand for cloud computing technologies is increasing for enhancing patient-data analysis during the COVID-19 outbreak. Healthcare professionals are widely using storage cloud solutions to cater to a large number of cases.

Accelerator cards are also used in data centers. The demand for high-performance technologies and AI is increasing rapidly. HPC technology plays a vital role in the fight against the novel Coronavirus. Research institutions and pharmaceutical companies are using HPC systems on a larger scale to develop a vaccine against COVID-19 to save lives and reduce global suffering. The scientists in research institutions across the globe depend on enormous supercomputers and the power of high-performance computing to run complex mathematical models, which process huge volumes of evolving pandemic data into simulations of chemical and biological processes. With the combination of simulations and modeling with the new techniques in machine learning and AI, these simulations have become more accurate. Thus, HPC technology is helping scientists in tackling complex research in order to develop a drug against the COVID-19 virus.

Public Cloud Computing Market from 2015 to 2020

Source: Statista

Impact Analysis