Connect with us

Technology

Data Center Accelerator Market worth $372.9 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

CHICAGO, July 9, 2024 /PRNewswire/ — The global data center accelerator market was valued at USD 109.9 billion in 2024 and is projected to reach USD 372.9 billion by 2029; it is expected to register a CAGR of 27.7% during the forecast period according to a new report by MarketsandMarkets™. Growing demand for cloud-based services, rising focus on parallel computing in AI data centers, and surging adoption of deep learning technology in big data analytics are attributed to the demand of data center accelerators.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48984803

Browse in-depth TOC on “Data Center Accelerator Market” 

172 – Tables
70 – Figures
250 – Pages

Data Center Accelerator Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 109.9 billion

Estimated Value by 2029

$ 372.9 billion

Growth Rate

Poised to grow at a CAGR of 27.7%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Processor, Type, Application, End-user and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Unreliability of AI algorithms

Key Market Opportunities

Proliferation of MLaaS offerings

Key Market Drivers

Increasing data volumes and pressing need for fast and efficient data processing

By End-user: IT & Telecom segment to account for the largest market share in the forecasted year.

The IT & Telecom segment accounted for the largest share of the data center accelerator market in 2029. The segment’s growth is attributed to the the exponential growth of data and the need for faster, more efficient data processing capabilities. As businesses increasingly rely on big data analytics, artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) applications, traditional data center architectures struggle to keep up with the intensive computational and storage requirements. Accelerators such as GPUs, FPGAs, and ASICs offer significant performance improvements by offloading and optimizing specific tasks, enabling higher throughput and lower latency.

By Type: Cloud data centers accounted for a larger market share in the forecasted year.

Cloud data centers accounted for a larger share in the forecasted period. The increasing adoption of AI is causing changes in cloud server configuration. The cloud computing market has seen significant growth in recent years due to the increased volume of data transferred to the cloud from consumers. This has led to a rising demand for co-processors (accelerators) as they optimize server data processing by reducing latency. In AI-powered servers used for deep learning training, the typical CPU-to-GPU attachment rate is 1–4 GPUs; in some cases, it is around 1–8 GPUs. Deep learning is expected to dominate cloud workloads in the coming years, leading to increased demand for accelerators in cloud servers. It is projected that in the near future, over one-third of servers shipped will be dedicated to either deep learning training or deep learning inference. Additionally, accelerators are expected to be widely employed in public and enterprise cloud servers to enhance inference applications.

Leading cloud service providers, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, operate extensive networks of these data centers globally. Similarly, Xilinx Alveo U250 Data Center accelerator cards are designed to meet the constantly changing needs of modern data centers, providing up to 90X higher performance than CPUs for key workloads, including machine learning inference, video transcoding, and database search and analytics. Built on the Xilinx 16 nm Ultra Scale architecture, Alveo accelerator cards are adaptable to changing acceleration requirements and algorithm standards, capable of accelerating any workload without changing hardware and reducing the overall cost of ownership. The key benefit of Xilinx Alveo is that it can be accessed for both cloud and on-premises mobility deployment.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=48984803

North America is expected to hold the largest share of the data center accelerator market during the forecast period.

North America captured the largest share of the data center accelerator industry in the forecast period. This growth is attributed to the presence of a large number of data centers in the region implying the demand for data center accelerator processors such as GPU’s and ASIC’s. Major Cloud service providers have their headquarters in this region such as AWS (US), Microsoft (US), and Alphabet Inc. (US).

Key Players

The key data center accelerator companies that offer virtual reality devices include NVIDIA Corporation (US), Advanced Micro Devices, Inc (US), Intel Corporation (US), Alphabet Inc. (US), Qualcomm Technology, Inc. (US).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=48984803

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Data Center GPU Market Size, Share & Industry Trends Analysis Report by Deployment Type (Cloud, On-premise), Function (Training, Inference), End User (Cloud Service Providers, Enterprises, Government) and Region (North America, Europe, Asia Pacific, ROW) – Global Forecast to 2028

FPGA Market Size, Share & Industry Trends Analysis Report by Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA), Technology (SRAM, Flash, Antifuse), Node Size (=16 nm, 20-90 nm, >90 nm), Vertical (Telecommunications, Data Center & Computing, Automotive) & Region – Global Forecast to 2029

Hardware Encryption Market Size, Share, Trends & Industry Growth Analysis Report by Product Type (External HDD, Internal HDD, SSD, Inline Network Encryptor, USB Flash Drive), Application (Consumer Electronics, Aerospace & Defense, Transportation, Healthcare) and Region – Forecast to 2027

Optical Transceiver Market by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type (Single-mode Fiber; Multimode Fiber), Connector (LC; SC; MPO; and RJ-45), Protocol, Application and Region – Global Forecast to 2029

Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region – Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/data-center-accelerator-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/data-center-accelerator.asp

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/data-center-accelerator-market-worth-372-9-billion-by-2029—exclusive-report-by-marketsandmarkets-302191758.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Pope Leo XIV embraces paediatric patients at CNAO in Pavia

Published

on

By

PAVIA, Italy, June 20, 2026 /PRNewswire/ — The National Center for Oncological Hadrontherapy (CNAO) served as the first stop today during Pope Leo XIV’s pastoral visit to the city of Pavia. His choice to begin his journey at this center reflects a profound commitment to fostering meaningful dialogue between advanced scientific progress and the alleviation of human suffering.

CNAO President Gianluca Vago and General Manager Sandro Rossi received His Holiness, illustrating the center’s distinctive capabilities. CNAO stands out as a unique reality in Italy, remaining one of the very few facilities worldwide capable of delivering hadrontherapy using both protons and carbon ions. The technological core of the facility is its synchrotron, a subatomic particle accelerator that generates ultra-high-precision beams to treat complex, inoperable and radioresistant tumours. This cutting-edge technology allows for the targeted eradication of diseased cells while meticulously preserving surrounding healthy tissues, drastically improving patients’ survival and quality of life.

Furthermore, CNAO is expanding its capabilities as a premier multi-center utilizing new ion species, like Helium, later Oxygen and Neon. Soon, treatments will incorporate the Leo Cancer Care upright positioning and imaging system. The immediate future also includes beginning therapies with a Hitachi dedicated proton accelerator and gantry and a BNCT system for metastatic diseases, equipped with an electrostatic accelerator produced by TAE Life Science. With these new technologies, CNAO will become one of the most technologically advanced center in the world.

To date, over six thousand individuals, including approximately three hundred children and adolescents, have benefited from these life-saving treatments.

During his visit, the Pope engaged with CNAO’s Board of Directors, a collaborative body uniting national universities, clinical institutions, and research centers. He also extended his heartfelt greetings to the two hundred employees of the center. These doctors, physicists, engineers, and researchers tirelessly operate the advanced technologies in the service of oncology patients.

The emotional pinnacle of the day was the Holy Father’s private gathering with a delegation of young children who underwent treatment. The paediatric patients and their families shared a deeply touching moment of closeness, receiving the Pope’s comforting embrace.

“The visit of Pope Leo XIV honours us and represents a moment of extraordinary human value”, stated CNAO President Gianluca Vago. “In his encyclical Magnifica Humanitas, the Holy Father emphasizes the necessity of a science that constantly safeguards the centrality of the person and directs technology toward the common good. In a time marked by global tensions, CNAO testifies daily how the incredible power of the atom can be used not to destroy, but to heal. The particle beams we utilize against disease are, symbolically, Rays of Hope, sharing and supporting the IAEA project bearing this name. The embrace the Holy Father reserved for our children reminds us that scientific research finds its most authentic purpose when it encounters listening, compassion, and hope”.

Photo – https://mma.prnewswire.com/media/2997869/Papa_al_Cnao_crediti_Andrea_Perotti.jpg
Logo – https://mma.prnewswire.com/media/2997643/CNAO_Logo.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/pope-leo-xiv-embraces-paediatric-patients-at-cnao-in-pavia-302805799.html

Continue Reading

Technology

HelloNation Article Examines Full Coverage Auto Insurance With Insurance Expert Ben Buenzow

Published

on

By

The article explains what full coverage auto insurance typically includes, what it excludes, and how coverage limits affect Iowa drivers.

URBANDALE, Iowa, June 20, 2026 /PRNewswire/ — What does full coverage auto insurance actually include for drivers in Iowa? That question is answered in a HelloNation article featuring insights from Insurance Expert Ben Buenzow of Buenzow Insurance Group in Urbandale, Iowa.

The HelloNation article explains that full coverage auto insurance is a commonly used phrase that many drivers misunderstand. While the term suggests broad protection, it usually refers to a combination of liability coverage, collision coverage, and comprehensive coverage within an insurance policy. Understanding what these components cover helps drivers avoid gaps in protection and unexpected costs after an accident.

Liability coverage forms the legal foundation of auto insurance in Iowa. The article explains that liability coverage pays for injuries or property damage that a driver causes to others in an accident. State law requires Iowa drivers to carry minimum liability limits, and full coverage auto insurance policies include at least those required limits. However, liability coverage does not pay for damage to the driver’s own vehicle, which is why additional protection is often necessary.

Collision coverage is the part of a policy that helps pay for damage to the driver’s own vehicle after an accident. The HelloNation article notes that collision coverage applies when a vehicle hits another car, a guardrail, or a stationary object. In most cases, the insurer pays the actual cash value of the vehicle or the repair cost minus the policy’s deductible. Insurance Expert Ben Buenzow is featured in the article as a source of insights on how deductibles influence both insurance premiums and out-of-pocket costs during a claim.

Comprehensive coverage addresses a different type of risk. According to the article, comprehensive coverage protects against damage caused by events other than collisions. This includes hail, theft, vandalism, fire, falling objects, or animal-related incidents. For Iowa drivers, weather-related risks such as hailstorms can make comprehensive coverage an important part of a full coverage auto insurance policy.

The HelloNation article also explains that deductibles apply to both collision coverage and comprehensive coverage. The deductible is the amount the policyholder must pay before insurance coverage begins. Drivers can often choose higher or lower deductibles depending on their financial preferences. Higher deductibles typically reduce premium costs but increase the amount paid out of pocket if damage occurs.

Another important takeaway from the article is what full coverage auto insurance does not automatically include. Standard policies usually do not provide roadside assistance, rental reimbursement, or gap coverage unless these features are added separately. The article explains that roadside assistance covers towing or emergency services, while rental reimbursement helps cover the cost of a temporary vehicle during repairs.

Gap coverage is another optional feature highlighted in the article. It is often recommended for drivers who finance or lease newer vehicles. Gap coverage pays the difference between the remaining loan balance and the vehicle’s actual cash value if it is declared a total loss after an accident.

The article also discusses the importance of understanding coverage limits within an insurance policy. Coverage limits determine the maximum amount an insurer will pay for a covered loss. If damage or liability exceeds those limits, the driver may be responsible for the remaining costs. Reviewing coverage limits carefully helps drivers ensure their policy reflects both the value of their vehicle and their financial risk.

Insurance Expert Ben Buenzow is again referenced in the article as part of a broader discussion about how drivers can make informed decisions about Iowa car insurance. The article encourages drivers to evaluate deductibles, coverage limits, and optional protections based on their individual needs.

The HelloNation article concludes by emphasizing that drivers should periodically review their insurance policy. Changes in vehicle value, financial circumstances, and driving habits can all affect the appropriate level of coverage. Understanding the components of full coverage auto insurance helps drivers maintain adequate protection and prepare for unexpected events on the road.

Iowa Auto Insurance: What Full Coverage Includes and Excludes features insights from Ben Buenzow, Insurance Expert of Urbandale, Iowa, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-article-examines-full-coverage-auto-insurance-with-insurance-expert-ben-buenzow-302805432.html

SOURCE HelloNation

Continue Reading

Technology

HelloNation Clarifies Ohio Waiver Waiting List Classifications For Adults With Disabilities, Featuring Home Healthcare Expert Kellan Roberts Of Canton, Ohio

Published

on

By

The article explains immediate need and current need categories and how families can navigate Medicaid waiver programs.

CANTON, Ohio, June 20, 2026 /PRNewswire/ — What should families of developmental disabilities know about the Ohio waiver waiting list and how immediate need and current need classifications affect access to services? HelloNation provides guidance in an article featuring insights from Home Healthcare Expert Kellan Roberts of R House Home Health Care Services in Canton, Ohio.

The HelloNation article explains that the Ohio waiver waiting list exists because demand for Medicaid waiver programs often exceeds available funding. To manage this gap, counties use service prioritization categories to determine who receives services first. Understanding how these classifications work helps families plan more effectively and reduce uncertainty.

According to the article, immediate need generally refers to adults with developmental disabilities who cannot safely remain at home without prompt services. This may include individuals who have lost caregiver support or experienced a sudden health crisis. In contrast, the current need applies to individuals who require support but whose living situations remain stable enough to wait for waiver programs to become available.

The article emphasizes that documentation plays a critical role in determining placement on the Ohio waiver waiting list. Families must provide medical records, assessments, and supporting information that clearly demonstrate the level of need. Counties review this documentation carefully and may conduct interviews or home visits to confirm circumstances before assigning a classification.

Accurate and updated records are described as essential for proper service prioritization. Needs can change over time, and families are encouraged to notify county offices if circumstances worsen. A person initially categorized under current need may later qualify as immediate need if conditions shift. Staying engaged ensures that updated information is considered during periodic reviews.

While waiting for Medicaid waiver programs to begin, families may need to explore temporary supports. The article notes that personal care services, homemaker assistance, and community programs can help adults with disabilities maintain daily routines and independent living during the waiting period. These interim solutions provide structure and stability while long-term services are pending.

Family planning is highlighted as an important part of navigating the process. Understanding how waiver programs operate, what services they provide, and how classifications are reviewed allows families to make informed decisions. Planning ahead also reduces stress and prepares adults with disabilities for a smoother transition once services are approved.

The article further explains that service prioritization is not static. Counties regularly reassess waiting lists and adjust classifications based on updated information or changes in resources. Families benefit from understanding review timelines and maintaining open communication with county representatives.

Medicaid waiver programs offer a range of supports, including personal care, homemaker services, transportation, and community engagement. The HelloNation article advises families to consider how these services align with long-term goals related to independence, skill development, and community participation. Preparing in advance allows adults with disabilities to transition into services more efficiently when their turn arrives.

Ultimately, the article presents the Ohio waiver waiting list as a system that requires preparation, patience, and active participation. By understanding immediate need and current need classifications, maintaining proper documentation, and staying involved throughout the review process, families can better advocate for timely care and ensure continued safety and stability.

Immediate vs Current Need: How to Navigate the Ohio Waiver Waiting List features insights from Kellan Roberts, Home Healthcare Expert of Canton, Ohio, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-clarifies-ohio-waiver-waiting-list-classifications-for-adults-with-disabilities-featuring-home-healthcare-expert-kellan-roberts-of-canton-ohio-302805455.html

SOURCE HelloNation

Continue Reading

Trending