Accelerator Card Market Size, Share, Opportunities, And Trends By Type (HPC Accelerator, Cloud Accelerator), By Processor Type (Engine Oil, Industrial Gears, Metal Working Application, Transmission Fluids, Others), By Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615406
- Pages : 141
The accelerator card market is experiencing rapid growth due to the increasing demand for high-performance computing solutions. Accelerator cards, also known as GPUs, are specialized hardware components that boost processing speed and performance. The market is driven by factors such as rising computational requirements, advancements in AI and ML technologies, and the expansion of cloud computing. They find extensive applications in industries such as AI, ML, data analytics, scientific research, and gaming, enabling faster data processing, real-time simulations, and improved system performance. Key players in the market include NVIDIA, AMD, Intel, Xilinx, and IBM. However, the market also faces challenges such as high costs, limited compatibility, and power consumption. Nonetheless, the demand for accelerator cards continues to grow as businesses seek robust computing solutions for complex tasks. As a result, the accelerator card market is poised for further expansion and innovation.
The accelerator card market is driven by the rising adoption of AI, ML, and cloud computing, and growth in the gaming industry.
Rising adoption of AI, ML, and cloud computing- The widespread adoption of AI and ML technologies across industries, coupled with the expansion of cloud computing services, fuels the demand for accelerator cards. Businesses are integrating AI and ML into their operations, requiring powerful computing solutions for training and inference. Cloud providers, with their infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) offerings, rely on accelerator cards to meet the computational demands of their customers.
Growths in the gaming industry- Modern games are increasingly complex, with advanced graphics and immersive virtual worlds. Gamers require powerful accelerator cards to ensure smooth gameplay with high resolutions and frame rates. The rise of VR and AR gaming further boosts the need for robust computing solutions, as real-time rendering and interaction with virtual objects demand high-speed graphics processing. Cloud gaming services have also contributed to the demand for accelerator cards, enabling high-quality gaming experiences on various devices. Consequently, the gaming industry drives innovation in the accelerator card market, as GPU manufacturers strive to meet gamers' growing demands for performance and visual fidelity. According to the UN Creative Economy Outlook report, the digital gaming industry is expected to witness a significant growth rate in Africa, with a substantial increase in the number of gamers in sub-Saharan Africa from 77 million in 2015 to 186 million people in 2021. The region's gaming industry is projected to grow at a rate of 12% between 2020 and 2025, largely due to the adoption of augmented reality and virtual reality technologies.
- In May 2022, Lanner Electronics and Hailo collaborated to launch the Falcon H8 PCIe accelerator card which features Hailo-8 AI processors and delivers high-end deep learning capabilities, making it suitable for applications in intelligent transport systems, smart cities, smart retail, and Industry 4.0. The Falcon H8 with up to 156 tera operations per second (TOPS), low power consumption, and a compact form factor, offers a modular and efficient solution for edge servers, enabling video analytics and other AI applications.
- In April 2023, AMD launched the AMD Alveo MA35D media accelerator, a purpose-built video processing accelerator card designed for interactive streaming services. The card features two 5nm ASIC-based video processing units (VPUs) supporting the AV1 compression standard, delivering high channel density with up to 32x 1080p60 streams per card. It offers low-latency performance, power efficiency, and improved compression efficiency compared to previous generations. The integrated AI processor and dedicated video quality engines enhance visual quality while minimizing bitrate.
- In March 2023, Pure Storage launched the DirectCompress Accelerator (DCA), a hardware-based compression accelerator card that increases inline compression by 30% on FlashArrays. The DCA offloads compression tasks from the CPU to a dedicated accelerator card, freeing up CPU cycles and allowing for more efficient data compression and storage.
Based on type, the accelerator card market is expected to witness positive growth in the cloud accelerator segment.
The cloud accelerator segment is a key driver in the accelerator card market, experiencing rapid growth. Cloud accelerators enhance the performance of cloud computing services, particularly for data-intensive workloads like AI and machine learning. The demand for scalable processing in cloud environments and the increasing adoption of cloud computing has fueled the need for powerful acceleration technologies. GPU manufacturers and technology companies are actively developing cloud-specific accelerator cards to improve performance, energy efficiency, and scalability. The rise of AI workloads and the cost-effectiveness of cloud computing is expected to boost the cloud accelerator segment growth in the accelerator card market.
North America accounted for a significant share of the global accelerator card market.
Based on geography, the accelerator card market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America is a significant market for accelerator cards. The region showcases a robust technology sector, including leading accelerator card manufacturers and prominent cloud service providers. North America benefits from advanced research and development activities in artificial intelligence, machine learning, and high-performance computing, driving the demand for accelerator cards. The presence of a mature data center infrastructure, coupled with the increasing adoption of cloud-based services, contributes to the growth of the accelerator card market in the region. Additionally, North America's gaming industry is a significant driver for accelerator card demand. The region has a large gamer population and a strong market for consoles, PCs, and cloud gaming. Accelerator cards are crucial for delivering high-quality gaming experiences, making the gaming industry a key factor in the region's accelerator card market growth. According to the Commercial Gaming Revenue Tracker published by the American Gaming Association (AGA), the commercial gaming industry in the United States achieved all-time high annual revenue of $60.4 billion in 2022. This represents the initial instance of surpassing the previous record of $53.0 billion established in 2021. Overall, North America offers a favourable environment for the development, adoption, and utilization of accelerator cards across various industries and applications.
Key Market Segments
- BY TYPE
- HPC Accelerator
- Cloud Accelerator
- BY PROCESSOR TYPE
- Central Processing Units (CPU)
- Graphics Processing Units (GPU)
- Field-Programmable Gate Arrays (FPGA)
- Application-specific Integrated Circuit (ASIAC)
- BY APPLICATION
- Deep Learning Training
- Public Cloud Interface
- Enterprise Interface
- BY GEOGRAPHY
- North America
- South America
- United Kingdom
- Middle East And Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
Frequently Asked Questions (FAQs)
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. ACCELERATOR CARD MARKET, BY TYPE
5.2. HPC Accelerator
5.3. Cloud Accelerator
6. ACCELERATOR CARD MARKET, BY PROCESSOR TYPE
6.2. Central Processing Units (CPU)
6.3. Graphics Processing Units (GPU)
6.4. Field-Programmable Gate Arrays (FPGA)
6.5. Application-specific Integrated Circuit (ASIAC)
7. ACCELERATOR CARD MARKET, BY APPLICATION
7.2. Deep Learning Training
7.3. Public Cloud Interface
7.4. Enterprise Interface
8. ACCELERATOR CARD MARKET, BY GEOGRAPHY
8.2. North America
8.3. South America
8.4.3. United Kingdom
8.5. Middle East And Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
8.6.4. South Korea
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. NVIDIA Corporation
10.2. Intel Corporation
10.3. Advanced Micro Devices, Inc.
10.4. Achronix Semiconductor Corporation
10.8. Hewlett Packard Enterprise Development LP
Achronix Semiconductor Corporation
Hewlett Packard Enterprise Development LP
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