Artificial Intelligence
Data Center Accelerator Market Is Expected to Reach USD 130.3 billion by 2032, Grow at a CAGR of 24% | Exclusive Report by Market.us
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New York, April 18, 2023 (GLOBE NEWSWIRE) — The Global Data Center Accelerator Market was valued at USD 16.0 Billion and is expected to reach USD 130.3 billion in 2032. This market is estimated to register the highest CAGR of 24% between 2023 to 2032.
The data center accelerator is the hardware device or software program used to boost computer systems’ performance to process high-level visual data. Moreover, the data center accelerators also support increasing the consumer demand for the data and improving the use of artificial intelligence-based services to fuel the demand for AI-based data centers
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Key Takeaway:
- By type, cloud data centers dominate over HPC data centers.
- By Processor Type, CPU leads with a major revenue share in the account.
- By Application, deep learning interfaces are preferred mainly by businesses.
- North America held a major revenue share of 38.4% in 2022
- Asia Pacific market is anticipated to grow at the highest CAGR during the forecast period.
The increasing demand for high-performance applications, growing artificial intelligence use in HPC data centers, and the development of cloud-based services are increasing the demand for data center accelerators in the market. The data centers have started to overflow with the increasing volume of data each day. To tackle this problem, the operators are exploring advanced solutions to optimize data management and massive data-driven tasks. This is helping the data center accelerator market to grow. In addition, the increasing applications of the data center accelerators in public cloud interface, deep learning interface, and enterprise interface are boosting the growth of the data center accelerator market over the last few years.
Factors affecting the growth of the Data Center Accelerator Market
Several factors can affect the growth of the data center accelerator market. Some of these factors include:
- Increasing demand for performance: With the increasing amount of data generated in the last few years, businesses are adopting the data center accelerator in their companies. It helps to manage the overload in the data center and enhance its performance of the data center. This attracts customers to adopt the accelerator in the data centers.
- Rise in cloud-based services: Many companies across the world functions through the use of cloud-based services to optimize time and enhance performance. This results in huge data processing at the centers. Therefore, the demand for the accelerator is rising over the last few years to manage the overload.
- Advancing technology: With the emergence of artificial intelligence in the technology sector, the amount of data generation and processing has significantly risen in the last few years. Artificial intelligence works through the use of machine learning and deep learning, which requires high computing power and high performance for seamless working. It is boosting the demand for the data center accelerator in the market.
Top Trends in Global Data Center Accelerator Market
The ongoing trend of adopting field programmable gate arrays (FPGA) across industries is boosting the growth of the data center accelerator market. The FPGAs are pre-fabricated silicone devices that can be transformed electrically into any type of digital system. Additionally, the FPGAs provide cheaper solutions and faster time as compared to application-specific integrated circuits (ASIC). Therefore, businesses prefer the FPGAs over others in the competition. This trend of FPGA is boosting the growth of the data center accelerator market.
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Market Growth
With the rise of artificial intelligence in the technology sector, data generation and processing have seen a marked increase in the last few years. Artificial intelligence relies on machine learning and deep learning, both of which require high computing power and performance for efficient working. As a result, the demand for data center accelerators has seen an uptick in the market. With the surge in data generation over the last few years, businesses are turning to data center accelerators for help managing their workload and optimizing performance. This has driven customers to adopt accelerators in data centers. Furthermore, many companies worldwide rely on cloud-based services to save time and enhance performance, leading to massive amounts of processing at these facilities. Therefore, the demand for accelerators has steadily risen over the last few years to manage this overload.
Regional Analysis
North America leads the market by covering a major revenue share of 38.4%. The presence of major key players in countries like the United States and Canada is driving the growth of the North American region in the global data center accelerator market. Also, the presence of developed technology and infrastructure in the region is the leverage for the North American region to dominate the other regions in the market. All these factors are boosting the growth of the data center accelerators market in North America. The Asia Pacific region is expected to grow at the highest CAGR over the forecast period. The increasing adoption of cloud-based services like big data analytics and the Internet of Things is expected to drive the growth of the Asia Pacific region in the global data center accelerator market during the forecast period.
Competitive Landscape
The competitive landscape of the market has also been examined in this report. Some of the major players include NVIDIA Corporation, Intel Corporation, Qualcomm Technologies Inc., Advanced Micro Devices Inc, Advantech Co. Ltd., Western Digital Technologies, Micron Technology Inc., Marvell, Achronix Semiconductor Corporation, Dell Inc., and other key players.
Recent Development of the Data Center Accelerator Market
- In March 2022, Advanced Micro Devices Inc acquired Pensando Systems. Pensando’s distributed service platform would add the DPU to AMD’s data center product range.
- In October 2020, NVIDIA Corporation announced their new GPU software, which enhances performance with the help of NVIDIA ampere architecture. This newly introduced software has the features to support the NVIDIA A100 Tensor Core GPU with NVIDIA Virtual Computer Server software.
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Scope of the Report
| Report Attribute | Details |
| Market Value (2022) | USD 16.0 Billion |
| Market Size (2032) | USD 130.3 Billion |
| CAGR (from 2023 to 2032) | 24% |
| North America Revenue Share | 38.4% |
| Historic Period | 2016 to 2022 |
| Base Year | 2022 |
| Forecast Year | 2023 to 2032 |
Market Drivers
The increasing data storage demand due to the massive amount of data generated worldwide has forced businesses to optimize their workload and improve their services. The increasing customer-centric demand for enhanced performance in applications and growing cloud-based services are driving the growth of the data center accelerator market. Many enterprises worldwide have started to adopt data center accelerators to reduce the workload on the data centers and boost performance. Enterprises are shifting their work from on-premise services to cloud-based services. This has significantly increased the demand for the data center accelerator in the market. Additionally, the increasing penetration of the internet across the world has made businesses adopt data center accelerators for a seamless and improved experience.
Market Restraints
The high energy consumption from the accelerators is a big problem for businesses. The accelerators process huge amounts of data, which require a lot of energy. Also, the high processing by the accelerators makes it essential for businesses to arrange the proper cooling system for the accelerators. This is restraining new businesses from adopting data center accelerators. Also, the data center accelerators require a modified and developed infrastructure for seamless working. Many developing and underdeveloped countries across the world lack the infrastructure for data centers. This is restraining the growth of the data center accelerators market. The accelerators offer many benefits to the data centers, like offloading the data centers’ processing. But the high cost of the accelerators restricts the data centers from adopting these accelerators.
Market Opportunities
The increasing demand for artificial intelligence in systems across various industries is creating many opportunities in the market. Many new companies are entering the market to offer machine learning for cloud services. The use of machine learning in the data center accelerators contributes to the predictive and preventive maintenance of the data centers. It can also be used to monitor network congestion, disk utilization, and server performance. Due to all these uses and benefits of machine learning, it is anticipated to create many opportunities in the data center accelerator market over the forecast period.
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Report Segmentation of the Data Center Accelerator Market
Type Insight
The cloud data center dominates over the HPC data centers in the type segment of the global data center accelerator market. The growth of the cloud data center is due to the increasing adoption of the multi-cloud and hybrid cloud architecture by the industries. Many businesses are switching to cloud-based data centers due to problems of high computing and increasing HPC workload. The HPC needs a huge initial investment and has more repair and maintenance costs than the cloud data centers. Therefore, businesses are moving towards cloud data centers to avoid the problems of HPC data centers.
Processor Type Insight
The CPU dominates the processor segment of the data center accelerator market. The growth of the CPU in the processor type segment is due to the widespread use of the CPU and the benefits offered by it. The CPU accelerators in the data center are mainly used in healthcare, retail, manufacturing, and many other industries for their benefits. This widespread use of CPUs is boosting the growth of the CPU in the processor-type segment of the data center accelerator market. After CPU, the FPGA segment is anticipated to grow at the highest CAGR over the forecast period. Major players in the cloud service providers are highly adopting the FPGA for processing assets. This will significantly boost the growth of the FPGA segment during the forecast period.
Application Insight
the deep learning interface dominates the market by accounting for a major revenue share in the market. The increasing use of deep learning interfaces across various industries for their benefits is driving the growth of the deep learning interface in the application segment of the data center accelerator market. The deep learning interface is widely used in the automotive sector for voice assistance, image recognition, self-driving cars, and many such applications. All these key factors are driving the growth of the deep learning interface in the application segment of the data center accelerator market.
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Market Segmentation
Based on Type
- HPC Data Center
- Cloud Data Center
Based on the Processor Type
- GPU
- CPU
- FPGA
- ASIC
Based on Application
- Public Cloud Interface
- Deep Learning Interface
- Enterprise Interface
Based on Geography
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Market Key Players:
- NVIDIA Corporation
- Intel Corporation
- Qualcomm Technologies Inc.
- Advanced Micro Devices Inc
- Advantech Co. Ltd.
- Micron Technology Inc.
- Western Digital Technologies
- Marvell
- Achronix Semiconductor Corporation
- Dell Inc.
- Other Key Players
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- Data center power market value was US$ 7.50 billion in 2021. It is expected to grow at a CAGR of 7.4% between 2023 and 2032.
- Internet Data Center Market size is expected to be worth around USD 740.07 Billion by 2032 from USD 263 Billion in 2022, growing at a CAGR of 10.9% during the forecast period from 2023 to 2032.
- Mega Data Center Market size is expected to be worth around USD 199.4 Billion by 2032 from USD 21.84 Billion in 2022, growing at a CAGR of 4.85% during the forecast period from 2023 to 2032.
- AI Training Dataset Market was valued at USD 1.9 Billion in 2022. This market is estimated to register the highest CAGR of 20.5%.
- Micro mobile data center market accounted for USD 4.3 billion in 2022 and is expected to reach around USD 14.3 billion in 2032. Between 2023 and 2032, this market is estimated to register a CAGR of 13.1%.
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Artificial Intelligence
Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy
American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.
Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!”
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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Artificial Intelligence
DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Artificial Intelligence
Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology
WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
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Endpoint Security Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 11.94 billion
Estimated Value by 2031
$ 36.01 billion
Growth Rate
Poised to grow at a CAGR of 14.8%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Rising Number of Connected Devices
Key Market Drivers
Rising trend of BYOD
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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