Accelerator cards are specially designed for purpose of accelerating various workloads. Accelerator cards are used for optimized acceleration for workloads in machine learning, computational storage, financial computing, data search and analytics.
Accelerator cards are also designed for providing higher performance than CPUs and GPUs for key workloads such as video transcoding, machine learning inference, and database search & analytics. Accelerator cards delivers compute, networking, and storage acceleration and also meet the constantly changing needs of the modern data center.
The accelerator cards manufacturer strategizes to improve its existing products and develop new products for its existing and new customers. The strategy helps the accelerator cards manufacturer increase its customer base and user experience.
For instance, in August 2019, Xilinx launched adaptable accelerator cards that can outperform GPUs in servers. This card is the first low-profile adaptable accelerator with PCIe Gen 4 support. It is designed to supercharge a broad range of critical compute and network workloads on a single reconfigurable platform.
The COVID-19 crisis, has pushed many organization to implement work-from-home policies for the first time, and this has created a demand for collaborative applications as well as an accelerator cards. During the ongoing pandemic, enterprises demand technologies such as artificial intelligence (AI), cloud computing, HPC technologies, and machine learning (ML).
While the pandemic has created an impact on the economy, its effects on the accelerator cards market are not worst. Before the COVID-19 outbreak, the accelerator cards market was expected to grow at an annual rate of 46.8%, reaching approximately $6.9 billion by December 2020.
As an impact of COVID-19, the growth rate has come down by 3-5%, during 2020.In addition, there is increase in cloud-based deployment among SMEs, modernization of business environments, and accelerate compute-intensive applications such as machine learning, database acceleration, data analytics, and video processing. This is anticipated to further encourage the growth of the accelerator cards market.
The major factor which is driving the accelerator cards market is the increasing demand for AI and HPC technologies in data centres, and the increasing trend of the high-performance computing. Continuous developments and implementation of accelerator cards in a secure and effective manner for cloud servers, and data centres to accelerate various workloads.
Such factors are propelling the growth for accelerator cards market.Moreover, integration with emerging technologies such as machine learning, artificial intelligence, is creating potential growth opportunities for accelerator cards market during the forecast period.
Accelerator cards offers different benefits such as higher productivity, reduce the size of processors, adaptable, accessible, and more efficient. The reliability of such benefits drives the accelerator cards market growth.
However, high cost for manufacturing and lack of technical skilled workforce for design technology and integration, and unreliability of AI algorithms are some of the factors which hampers the growth of accelerator cards market.
Some of the prominent players providing accelerator cards are
These vendors are doing product innovations to fulfil the new unmet needs of the customers for various applications.
By geography, the accelerator cards market has been segmented into North America, Europe, Latin America, East Asia, South Asia & Pacific, and MEA. Among these regions, the North America and East Asia regions are expected to dominate the global market with more than 55% market share collectively, for accelerator cards due to the highest presence of accelerator cards provider in these regions.
South Asia & Pacific is expected to manifest high-growth over the foreseeable future due to the adoption of cloud computing, co-location services, in this region.The accelerator cards market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The accelerator cards market report also maps the qualitative impact of various market factors on market segments and geographies.
The Accelerator Cards market has been segmented on the basis of types, application, and region.
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