Global Accelerator Card Market Size Likely to Reach at a CAGR of 35.15% By 2034

Semiconductor & Electronics Market Research Reports

Accelerator Card Market Size

Global Accelerator Card Market size was valued at USD 14.1 billion in 2024, and the market revenue is expected to grow at a CAGR of 35.15% over the forecast period, reaching nearly USD 219.68 billion by 2034.

Accelerator Card Market Growth Factors and Dynamics

  • The accelerator card market is anticipated to experience development in the future due to increasing digitization. Digitization is the process of converting information into a digital format that is readable by computers. The increasing digitization is a result of the increasing adoption of the internet, accelerated innovation, increased productivity, and enhanced efficiency and automation. Accelerator cards are essential for the advancement of digitization, as they provide the computational power, efficiency, and flexibility required to efficiently manage contemporary digital duties and applications.
  • The market for accelerator cards is experiencing substantial growth as a result of the increasing demand for workloads associated with high-performance computation, artificial intelligence, and machine learning. These accelerator cards, which encompass GPUs, FPGAs, and TPUs, are essential for data centers that support resource-intensive applications. They enhance computational duties, reduce latency, and increase processing capacity. Growth in the data center accelerator card market is being driven by the increasing demand for effective data processing solutions, which is being driven by the increased use of cloud computing, big data analytics, and cutting-edge AI technologies by more companies.
  • The accelerator card market is rapidly expanding due to the growing demand for high-performance computing, artificial intelligence, and big data analytics applications that necessitate substantial processing capacity. The movement to cloud computing and its increasing dependence on large data centers are additional critical factors. GPUs and TPUs are examples of accelerator devices that provide the computational efficiency necessary to manage tasks such as real-time analytics, video rendering, and machine learning. The market expansion is being driven by the requirement for low-latency, high-speed data processing in industries such as e-commerce, healthcare, and finance, which is encouraging the use of accelerator cards.
  • The utilization of cloud computing for data storage has become an essential feature due to the current increase in data generation. To effectively manage an immense volume of data, cloud computing implements technologies such as artificial intelligence and machine learning. Therefore, we anticipate that the increasing demand for artificial intelligence and machine learning technologies will facilitate the expansion of accelerator cards. The demand for accelerator cards is being multiplied as a result of the growing demand for cloud services, which is fueling the need for adaptable solutions that can optimize the workload. Consequently, the forecast of the accelerator card market is facilitated by the rapid integration and interconnection with emerging technologies.
  • The market share of Accelerator cards has increased as a result of the increased use of AI and machine learning, which has been consistently demonstrated to be effective and efficient. These devices enhance the graphic calculation and video performance of a system. The most frequently employed accelerator devices are the CPU and GPU. Additionally, accelerator devices are implemented in data centers to expedite machine learning applications. The accelerator cards are engineered to address customer concerns, enhance the customer experience, and deliver superior accelerated performance at an exceptional cost and power efficiency.

Report Scope

Feature of the Report Details
Market Size in 2025 USD 17.3 Billion
Projected Market Size in 2034 USD 219.68 Billion
Market Size in 2024 USD 14.1 Billion
CAGR Growth Rate 35.15% CAGR
Base Year 2024
Forecast Period 2025-2034
Key Segment By Processor Type, Accelerator Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Accelerator Card Market Recent Advancements

  • AMD Alveo V80 Compute Accelerator Card: Introduced in May 2024, AMD's Alveo V80 is optimized for compute-intensive workloads and high-performance computing (HPC). It is the optimal choice for the most demanding AI and data processing duties due to its ability to increase the bandwidth of high-bandwidth memory (HBM) by up to 2X. As part of AMD's strategy to fortify its HPC leadership, this card is included.
  • Intel Infrastructure Processing Unit (IPU) E3100: This accelerator card, which was introduced in mid-2024, is designed to outsource cloud workloads, thereby freeing up CPU resources for other purposes. It is intended to improve the efficacy of cloud data centers by addressing storage and networking challenges through its programmable architecture.
  • Qualcomm X100 Accelerator Card for 5G Distributed Units (DUs): This card, which was unveiled in early 2024, is intended to facilitate the expansion of Open RAN networks, which are essential for the global deployment of 5G. It offers operators the opportunity to virtualize their networks and improve their flexibility through the provision of scalable solutions.

List of the prominent players in the Accelerator Card Market:

  • Johnson Controls Incorporated
  • Honeywell International Incorporated
  • Goodyear Tire & Rubber Company
  • General Motors Company
  • Ford Motor Company
  • LANBI
  • CCTY Bearing Company
  • Pailton Engineering
  • ZF TRW
  • Others

The Accelerator Card Market is segmented as follows:

By Processor Type

  • Central Processing Units (CPU)
  • Graphics Processing Units (GPU)
  • Field-Programmable Gate Arrays (FPGA)
  • Application-specific Integrated Circuit (ASIAC)

By Accelerator Type

  • High-performance Computing Accelerator
  • Cloud Accelerator

By Application

  • Video And Image Processing
  • Machine Learning
  • Data Analytics
  • Mobile Phones
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

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