Global Data Center Accelerator Market Estimates, Growth and Forecasts
Data Center Accelerator Market Insights
The data center accelerator market is projected to grow at an exponential CAGR over the coming years. The increasing demand to enhance application performance is projected to augment the demand for data center accelerators. Other factors responsible for increasing market demand are the growing data storage requirement, increasing use of mobile data, and internet usage in businesses.
Globally, SME’s and large enterprises are shifting their businesses to a cloud-based module which is anticipated to place an added strain on data centers, thereby increasing the demand for accelerators over the future years. Achieving economies of scale to cover the cost of accelerator deployment and development is one of the challenges faced by the industry.
Data Center Accelerator Market: Type Insights
On the basis of type, the data center accelerator market is segmented into FPGA, GPU, ASIC, CPLD, and others. Field-Programmable Gate Array technology is projected to grow at the highest CAGR over the forecast period. Some of the advantages of using FPGA technology include higher performance, rapid prototyping capabilities, and low fabrication & assembly cost.
Data Center Accelerator Market: Application Insights
On the basis of application, data center accelerator market is segmented into the mid-size enterprise and large data center. Companies across the world have moved towards digitalization of records, thereby increasing the load on data centers. The need to scale up computational power is projected to increase the demand for accelerators over the coming years. The mid-size enterprise segmented is projected to grow at the highest CAGR from 2017 to 2025.
Data Center Accelerator Market: End-use Insights
On the basis of application, the data center accelerator market is segmented into BFSI, telecom & IT, government, healthcare, energy, and others. The telecom & IT segment is expected to occupy the largest share in the market. The demand for data center accelerators is anticipated to grow at a high CAGR on account of high internet usage and large service & software offerings in the telecom and IT sector.
Data Center Accelerator Market: Regional Insights
The demand for data center accelerators is projected to occupy the largest share in the Asia Pacific region. The increasing usage of mobile phones and cloud storage facilities is projected to positively influence the demand for data center accelerators. The increased effort to improve energy efficiency and reduce carbon footprint is also projected to positively impact market demand over the coming years.
Data Center Accelerator Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase data center accelerator over the coming years. Some leading consumers of this market are Digital Realty Trust, Global Switch, CyrusOne, and DuPont Fabros Technology among others.
Data Center Accelerator Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Data Center Accelerator Market Share & Competitor Analysis
Prominent players in the market include Nvidia, Achronix Semiconductor, Altera Corporation, Atmel Corporation, Teledyne e2v, Lattice Semiconductor, MicroSemi Corporation, Xilinx, Inc., SiliconBlue Technologies, Vantis plc, and Cypress Semiconductor Corporation among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2016, Nvidia chips were selected to power Microsoft’s Xbox 360. Amazon also chose Nvidia Tesla K80 GPU-based accelerators for powering its P2 instance type. In April 2017, IBM made the NVIDIA Tesla P100 GPU accelerator available on the cloud.
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The global Data Center Accelerator Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Data Center Accelerator Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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