Data Center Accelerator Market worth $21.19 billion by 2023 - PowerPoint PPT Presentation

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Data Center Accelerator Market worth $21.19 billion by 2023

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According to the recent research report "Data Center Accelerator Market by Processor Type (CPU, GPU, FPGA, ASIC), Type (HPC Accelerator, Cloud Accelerator), Application (Deep Learning Training, Public Cloud Interface, Enterprise Interface), and Geography - Global Forecast to 2023". For more visit: – PowerPoint PPT presentation

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Title: Data Center Accelerator Market worth $21.19 billion by 2023


1
"Data Center Accelerator Market by Processor Type
(CPU, GPU, FPGA, ASIC), Type (HPC Accelerator,
Cloud Accelerator), Application (Deep Learning
Training, Public Cloud Interface, Enterprise
Interface), and Geography - Global Forecast to
2023"
www.MarketsandMarkets.com
2
the data center accelerator market is expected to
be valued at USD 2.84 billion by 2018 and is
expected to reach USD 21.19 billion by 2023, at a
CAGR of 49.47 from 2018 to 2023. The shifting
focus toward parallel computing in AI data
centers and growth of cloud-based services are
among the factors driving the growth of the data
center accelerator market. A growing number of
tech giants and start-ups have begun offering
machine learning as a cloud service due to the
burgeoning demand for AI-based computation.
Cloud-based solutions are ideal for small and
midsized businesses that find on-premise
solutions costlier. Thus, the increasing adoption
of cloud-based technology is necessitating the
need for deep learning. PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id48984803

3
Deep learning training to hold largest share
during forecast period The key factor driving
the growth of the data center accelerator market
for deep learning training is the increasing use
of the technology in various applications such as
voice recognition, fraud detection, voice search,
recommendation engines, sentiment analysis, image
recognition, and motion detection. Also, the
companies such as Amazon Web Services (US) and
Microsoft (US) have developed a deep learning
interface, which can be used to prototype, build,
train, and deploy machine learning models for
cloud and mobile apps. GPU held largest share of
market based on processor type in 2017 The key
factor driving the growth of data center
accelerator market is the focus on parallel
computing in AI data centers. Deep neural
networks and machine learning would require
parallel computing solutions that can speed up
90 of algorithms in AI. GPUs are suitable for
parallel computing because of their parallel
architecture with thousands of cores within,
which enable them to handle multiple instructions
concurrently. Parallel computing model is ideal
for implementing deep learning training and
interface as artificial neural networks
principally work more efficiently with a parallel
computing framework.
4
North America held largest share for data center
accelerator market in 2017 North America held
the largest market share in 2017. The growing
trend of cloud computing has radically increased
the economic impact of data center investments
made by leading service providers, such as Amazon
(US), Facebook (US), Google (US), and Microsoft
(US).  Also, there is a demand for sophisticated
infrastructure and services in North America,
which encourages the owners of data centers to
opt for the ANSI/TIA-942 standard and also,
continually, invest in upgrading their equipment
and processes. Major players operating in the
data center accelerator market include NVIDIA
(US), Intel (US), Alphabet (US), Advanced Micro
Devices (US), Achronix Semiconductor (US), Oracle
(US), Xilinx (US), IBM (US), HP (US), Dell (US),
Lenovo (China), Fujitsu (Japan), and Cisco (US).
5
Browse gtgt Browse 51 market
data Tables 48 Figures spread
through  126 Pages and in-depth
TOC on "Data Center Accelerator Market - Global
Forecast to 2023" Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at Single user US
5650 Corporate User US8150 For More
Information - https//www.marketsandmarkets.com/
PressReleases/data-center-accelerator.asp
6
Contact Mr. Shelly Singh MarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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