Accelerator Card Market Research Report - Global Forecast till 2030

Accelerator Card Market: Information By Processor Type (Central Processing Units (CPU), Graphics Processing Units (GPU), Field-Programmable Gate Arrays (FPGA), and Application-specific Integrated Circuit (ASIAC)), By Accelerator Type (High-Performance Computing Accelerator And Cloud Accelerator), By Application (Video And Image Processing, Machine Learning, Data Analytics, Mobile Phones, And Others) Forecast 2030

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

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Accelerator Card Market Research (MRFR Insights)


The global accelerator card market is predicted to experience a CAGR of 40.4% from 2022 to 2030. The usage of AI in these cards, as AI is a complicated system, as well as the need for developing, maintaining, and applying specialized skill sets for AI, are factors that impact the growth of the market share. The global accelerator card market size is predicted in order to roughly USD XX billion by 2030. Since accelerator cards are frequently utilized for creating and controlling AI services, this is anticipated to propel the expansion of the market. Cloud computing has grown significantly as a result of the explosion in data. Computing and managing the data with great precision and accuracy has led to the introduction of the accelerator card. This promotes the expansion of the market for accelerator cards.


COVID-19 Impact Analysis


The COVID-19 epidemic has resulted in a statewide lockdown, increased work-from-home trend, and business closures. However, the COVID-19 effect led to growth in the cloud computing sector. In addition to patient data analysis, the healthcare sector's demand for cloud computing technologies has grown. Healthcare practitioners commonly use cloud storage solutions to keep track of numerous cases. Artificial intelligence (AI) and high-performance computing are in increasing demand. Due to the widespread use of accelerator cards in data centers for high-performance computing, the market is experiencing profitable growth. The development of a COVID-19 vaccination was made possible by high-performance computing technologies.


Global Accelerator Card Market Dynamics


Along with others like data centers and cloud servers, high-performance computing (HPC) equipment is widely used in various industrial verticals. This greatly aids in workload management and also improves the efficiency of cloud computing. By offering insights into client behavior with product reviews and CRM systems, AI aids in providing customized services. These elements are predicted to operate as the market's primary driving drivers during the anticipated term.


Global Accelerator Card Market Drivers



  • In the information technology and telecommunications industries, there is an increasing need for HPC chips.


For the global high-performance computing (HPC) chipset market, flexible computing offers a flexible and versatile solution for quickly and easily provisioning resources that can scale up and down to suit fluctuating demand and dynamic business growth. The main reason for propelling growth in the HPC chipset market is the ability to enable high-performance computing in the cloud sector. High-performance computing is required by cloud technology, which is a key element boosting the market for HPC chipsets. The cloud offers practically endless storage for an affordable price and immediately open and flexible computing power.


Restraints:



  • SME budgetary constraints


Prospective HPC users from many SMEs are not aware of its benefits and lack the resources to set up such systems. SMEs in many developing countries are still unwilling to adopt HPC due to the substantial upfront costs. Many are unaware of HPC's numerous benefits, including high performance and flexible delivery. However, because it would significantly reduce their expenses, cloud computing can increase the adoption of HPC among SMEs.


Opportunities:




  • Demand for FPGA-based accelerator cards is rising

    • Over the forecast period, it is predicted that demand for field programmable gate arrays (FPGAs) will increase due to their expanding use in security, network processing, and deep packet inspection. They are the chosen design for many applications needing significant data flow and streaming data processing because they have features like high compute density and low power consumption. Over the next few years, it is anticipated that the use of FPGAs in military and aerospace applications, such as waveform creation, image processing, and secure communication, will increase.




Segment Overview


By Processor Type


The global accelerator card market segmentation, based on processor type, is central processing units (CPU), graphics processing units (GPU), field-programmable gate arrays (FPGA), and application-specific integrated circuits (ASIAC). The global accelerator card market growth was prominently high under the graphics processing units (GPU) category in 2021. The demand for specialized processors handling difficult mathematical calculations associated with 2D and 3D graphics has significantly increased the global market for graphics processing units. However, in 2021, the application-specific integrated circuit (ASIAC) also showed significant growth. Global demand for the sector is anticipated to rise due to the expanding use of application-specific integrated circuits (ASICs) in consumer electronics like smartphones, smartwatches, and tablets.


By Accelerator Type


Based on accelerator type, the global accelerator card market is divided into high-performance computing accelerators and cloud accelerators. In 2021, the segment for cloud data centers had the highest revenue share at 67.8%. This is due to enterprises' increasing use of hybrid cloud and multi-cloud architecture. The HPC data center segment is expected to experience the greatest CAGR of 26.0% during the period of forecasting. The development of quantum computing and its application as an accelerator in HPC can be credited with the expansion of this market.


By Application


The global accelerator card market segmentation, based on application, is video and image processing, machine learning, data analytics, mobile phones, and others. With a 40.8% revenue share in 2021, the deep learning training segment is anticipated to increase throughout the forecast period. The increased application of deep learning for particular use cases is blamed for market expansion. Over the projection period, the enterprise interface category is expected to increase at the highest CAGR of 25.7%. The creation of comparable types of cloud-native applications anticipated to contribute to the segment's growth is a growing focus for hyper-scale cloud-based companies like Amazon.com, Inc., Google, and Facebook.


Global Accelerator Card Market Share, by Region, 2021 (%)Accelerator Card Market Share, by Region, 2021 (%)Global Accelerator Card Market Overview by Region


By region, the global accelerator card market has been divided into Europe, Asia-Pacific, North America, and the Rest of the World. North America accounted for the most extensive market share. Europe will exhibit the highest CAGR during the forecast period.


North America


In 2021, the market in North America accounted for the biggest revenue share. This is due to the quick uptake of cutting-edge technologies like high-performance computing (HPC), augmented reality (AR), cloud computing, and edge computing, among others, as well as the burgeoning existence of many hyper-scale data centers and data corporations. The market is anticipated to be dominated by North America due to the rise in hyper-scale data centers in the accelerator card industry. Additionally, as the Internet of Things (IoT) expands quickly, more data is generated, giving rise to big data and new opportunities for data centers, driving up demand for data center accelerators in North America.


Asia Pacific


The Asia Pacific market is anticipated to rise substantially throughout the projected period. A few key reasons propelling the market's revenue growth in this area include the deployment of 5G, the rise of OTT media services, the increasing number of SMEs, and the increasing development of data-hungry and -generating technologies like Machine Learning (ML) and IoT. Additionally, there is a significant increase in data consumption due to the rapid adoption of industrial automation, particularly in the manufacturing sector and the increasing penetration of digitization, Industrial IoT (IIoT), and Industry 4.0.


Global Accelerator Card Market Competitive Landscape


There are tier-1, tier-2, and local companies in the market. Major businesses are using a variety of tactics, engaging in mergers and acquisitions, strategic agreements, and contracts, and creating, evaluating, and introducing more efficient data center accelerator solutions. For instance, in October 2022, Intel and Google Cloud jointly launched the E2000 processor offload tasks to accelerate infrastructure. The Mount Evans E2000 chip is an Infrastructure Processing Unit (IPU) that manages network processing while the CPU does computation.


Prominent players in the global accelerator card market research include NVIDIA Corporation, Intel Corporation, Leap Motion, Ditto Labs, Cypress Semiconductor Corporation., IBM, Alphabet Inc., Advanced Micro Devices, Inc, Achronix Semiconductor Corporation, Lenovo, SiliconBlue Technologies, Microsemi, Algolux, Oracle, Xilinx, Mad Street Den Inc, Lattice Semiconductor, and Vantis PLC


Scope of the Global Accelerator Card Market Report


By Processor Type



  • Central Processing Units (CPU)

  • Graphics Processing Units (GPU)

  • Field-Programmable Gate Arrays (FPGA)

  • Application-specific Integrated Circuit (ASIAC)


By Accelerator Type

  • High-performance computing accelerator

  • Cloud accelerator


By Application



  • Video and Image processing

  • Machine learning

  • Data Analytics

  • Mobile Phones

  • Others


By Region




  • North America

    • Canada

    • Mexico

    • US




  • Asia-Pacific

    • India

    • China

    • Australia and New Zealand

    • Japan

    • Rest of Asia-Pacific




  • Europe

    • Germany

    • UK

    • Italy

    • Spain

    • France

    • Rest of Europe




  • Rest of the World

    • Africa

    • South America

    • Middle East




Objectives of the Study


The study's objectives are outlined in five stages. They are as mentioned below:


Global Accelerator Card Market Forecast & Size:


To identify and estimate the market size for the global accelerator card market report segmented by processor type, accelerator type, and application by value (in US dollars). Also, to understand the consumption/ demand created by consumers of global accelerator card market forecast between 2022 and 2030


Market Landscape and Trends:


To identify the global accelerator card market growth and infer the drivers, restraints, opportunities, and challenges.


Market Influencing Factors:


To find out the factors which are affecting the global accelerator card market size


Impact of COVID-19:


To identify and understand the various factors involved in the market affected by the pandemic


Company Profiling:


To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company in the past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.


Intended Audience



  • Accelerator Card producers

  • Raw material suppliers

  • Retailers, wholesalers, and distributors

  • Governments, associations, and industrial bodies

  • Data Center and I.T Sector



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD XX billion
  CAGR   40.4% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Growth Factors, Competitive Landscape, and Trends
  Segments Covered   Processor Type, Accelerator Type, and Application
  Geographies Covered   Europe, North America, Asia-Pacific, and the Rest of the World (RoW)
  Key Vendors   Intel Corporation, Microsemi, Vantis PLC, and Ditto Labs
  Key Market Opportunities   Demand for FPGA-based accelerator cards is rising
  Key Market Drivers   In the information technology and telecommunications industries, there is an increasing need for HPC chips.


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Frequently Asked Questions (FAQ) :

The global accelerator card market forecast period is 2022 - 2030

A CAGR of ~40.4% is anticipated for the market in the upcoming ten years, according to the global accelerator card market research.

The greatest CAGR is anticipated to be seen in Asia Pacific during 2022 - 2030

In 2021, North America accounted for the biggest proportion

The market size is expected to be USD XX billion by 2030.

Intel Corporation, Microsemi, Vantis PLC, and Ditto Labs are the largest businesses present on the world market.