Report ID: SQMIG45K2113
Accelerator Card Market Size, Share, Growth Analysis, By Type(High-Performance Computing Accelerator, and Cloud Accelerator), By Processor Type(Central Processing Units (CPU), Graphics Processing Units (GPU), Field Programmable Gate Arrays (FPGA), and Application Specific Integrated Circuits (ASIC)), By Application(Video and Image Processing, Machine Learning, Financial Computing, Data Analytics), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45K2113 |
Region:
Global |
Published Date: May, 2024
Pages:
197
|
Tables:
93 |
Figures:
80
Accelerator Card Market Insights
Global Accelerator Card Market size was valued at USD 10.1 billion in 2022 and is poised to grow from USD 14.05 billion in 2023 to USD 196.9 billion by 2031, growing at a CAGR of 39.1% in the forecast period (2024-2031).
Accelerator cards are used to provide additional computing power and accelerate various workloads to boost operational efficiency. Growing popularity of cryptocurrency mining operations around the world and rising adoption of cloud computing are key factors driving sales of accelerator cards over the coming years. Accelerator cards are also programmable, which makes them highly versatile yet highly application specific as well for users. Increasing artificial intelligence and high-performance computing loads are projected to bolster the adoption of accelerator cards in the future. The growing number of data centers and the increasing load on cloud computing platforms will further create new growth prospects for accelerator card companies. However, the high costs of accelerator cards and challenges with integration of the same with legacy infrastructure are estimated to slow down accelerator card market growth in the long run.
Accelerator Card Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
