Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Data Center Accelerator Global Market Report 2022: Rising Demand for Consumer Driven Data and Application Performance Enhancement Boosts Growth

Published

on

Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) — The “Data Center Accelerator Market” report has been added to ResearchAndMarkets.com’s offering.

The global data center accelerator market size is expected to reach USD 73.31 billion by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing emphasis on parallel computing in Artificial Intelligence (AI) data centers, rising demand for consumer-driven data and application performance enhancement, the increasing use of deep learning technology in big data analytics, and the growing number of companies offering Machine Learning-as-a-Service are the primary drivers of market revenue growth.

Furthermore, significant increases in data traffic, combined with an increase in computationally intensive applications, are expected to drive growth in the data center accelerator industry. Cloud computing support infrastructures are centered on datacenters, which house processing, storage, and communication resources. Data centers are becoming increasingly clogged with massive amounts of data, and operators are looking for advanced solutions to optimize a wide range of data-driven tasks such as NLP (Natural Language Processing) and deep learning.

The market is expected to grow due to high demand for high-performance hardware accelerators in data center processors that use Artificial Intelligence (AI) technology in applications such as deep learning, object detection and identification, picture classification, and natural-language processing. Because of their ability to perform AI job processing faster while consuming less power, such chips are quickly replacing traditional Central Processing Units (CPUs) and Graphics Processing Units (GPUs).

For instance, Sanofi launched its first Digital Accelerator on June 8, 2022, to achieve its goal of becoming a leading digital healthcare company. This accelerator will develop products and solutions to aid Sanofi’s goal of transforming medicine through digital, data, and artificial intelligence. It already has over 75 specialists from all over the world on staff and will continue to hire top talent in digital product management, full-stack development, and data science.

AI chips and accelerator cards are designed and built to complete training and inference tasks as quickly as possible while staying within a specific power budget. Furthermore, the high demand for data centers with reduced power and comparatively higher performance to handle rising data and complex computations drives revenue growth.

The ability to emerging markets to reduce the cost and risk of investments in large hyper-scale data centers, the increasing number of innovative product launches, and the presence of a large number of data centers in countries such as the United Kingdom, the Netherlands, and Germany are a few of the factors driving market growth.

Report Attribute Details
No. of Pages 117
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $13.36 billion
Forecasted Market Value (USD) by 2030 $73.31 billion
Compound Annual Growth Rate 23.7%
Regions Covered Global

Market Dynamics

Drivers and Opportunities

  • Growing Deployment of Data Centers & Cloud-Based Services
  • Increasing Adoption of Technologies Such as AI, IoT, & Big Data Analytics

Restraints and Challenges

  • Infrastructural Concerns and Limited AI Hardware Experts

Data Center Accelerator Market Report Highlights

  • The GPU segment in the processor segment dominated the industry due to rising usage of supercomputing, drug research, and AI training.
  • North America dominated the regional market due to rising technological advancement and industrial expansion.
  • The global market is highly competitive owing to the existence of prominent market players with a global presence, including Advanced Micro Devices, Inc, NVIDIA Corporation, Intel Corporation, Qualcomm Technologies, Inc., Advantech Co., Ltd., Achronix Semiconductor Corporation, Micron Technology, Inc., Marvell, KIOXIA Holdings Corporation, Western Digital Technologies

The publisher has segmented the data center accelerator market report based on processor and region:
Data Center Accelerator, Processor Outlook (Revenue – USD Billion, 2022 – 2030)

  • GPU
  • CPU
  • FPGA
  • ASIC

Data Center Accelerator, Regional Outlook (Revenue – USD Billion, 2022 – 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Research Methodology

4. Global Data Center Accelerator Market Insights

5. Global Data Center Accelerator Market, by Processor

6. Global Data Center Accelerator Market, by Geography

7. Competitive Landscape

8. Company Profiles

Companies Mentioned

  • Advanced Micro Devices Inc
  • NVIDIA Corporation
  • Intel Corporation
  • Qualcomm Technologies Inc.
  • Advantech Co. Ltd.
  • Achronix Semiconductor Corporation
  • Micron Technology Inc.
  • Marvell
  • KIOXIA Holdings Corporation
  • Western Digital Technologies

For more information about this report visit https://www.researchandmarkets.com/r/ovbyg0-center?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

Published

on

ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience

Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

View original content:https://www.prnewswire.co.uk/news-releases/ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience-302127189.html

Continue Reading

Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

Published

on

sentrycs-now-part-of-the-uk-national-protective-security-authority-catalog-of-security-equipment

This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/sentrycs-now-part-of-the-uk-national-protective-security-authority-catalog-of-security-equipment-302126952.html

Continue Reading

Artificial Intelligence

Homestyler to Recruit First Batch of Global Partners in 20 Countries

Published

on

homestyler-to-recruit-first-batch-of-global-partners-in-20-countries

MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.

Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.

View original content:https://www.prnewswire.co.uk/news-releases/homestyler-to-recruit-first-batch-of-global-partners-in-20-countries-302127111.html

Continue Reading

Trending