Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Hardware Acceleration Market is Growing at 51% CAGR to Hit US$ 177 Billion by 2033 | Fact.MR

Published

on

Rockville, July 31, 2023 (GLOBE NEWSWIRE) — As per a newly published research report by Fact.MR, a market research and competitive intelligence provider, the global Hardware Acceleration Market is valued at US$ 2.87 billion in 2023. Worldwide demand for hardware acceleration is projected to expand at a phenomenal CAGR of 51% through 2033. Growing adoption of numerous data accelerators by a wide variety of enterprises is predicted to majorly contribute to market growth.

There are numerous advantages associated with hardware acceleration, including lower latency, lower power consumption, higher bandwidth, and parallelism. The technology can use functional components and areas that are available in different integrated circuits. Healthcare, energy, logistics, hospitality, retail, and BFSI are some prominent end-use industries that are contributing to the increased demand for hardware acceleration.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8763

Hardware acceleration is a popular technology that is used to perform some specific functions, including high-quality sound and playback recording, etc. Furthermore, it is also used to clear various high-definition images more efficiently compared to software that runs on a CPU (central processing unit). It is designed for certain task-specific purposes. Hardware acceleration utilizes video processing chips or GPU (graphics processing units) to perform some heavy arithmetic tasks and operations.

Key Takeaways from Market Study

  • The global hardware acceleration market was valued at US$ 1.9 billion in 2022.
  • Worldwide demand for hardware acceleration stands at a market value of US$ 2.87 billion in 2023.
  • The market is projected to expand swiftly at a CAGR of 51% from 2023 to 2033.
  • Global sales of hardware acceleration are expected to reach US$ 177 billion by 2033.
  • Demand for graphics processing units is predicted to increase at a significant rate.

Rapidly increasing demand for hardware acceleration technology is attributed to its ability to execute tasks efficiently and rising use in machine learning & deep learning and for video encoding & decoding, says a Fact.MR analyst.

Growing Demand for Hardware Acceleration for Various Purposes

The increasing demand for hardware acceleration techniques in different computer systems, including high-performing PCs to different low-power smartphones is predicted to contribute to market growth. The rising production as well as the adoption of smartphones and personal computers and increasing requirements for hardware acceleration for the purpose of video encoding & decoding are projected to generate lucrative opportunities for players. In addition, the rising adoption of different hardware acceleration tools in machine learning and deep learning applications is estimated to drive the market over the coming decade.

There are various industries that are looking for a wide variety of graphics processing units to perform their tasks with more proficiency. These factors are predicted to accelerate market expansion opportunities.

Rising Use of Cloud Computing Technology Boosting Demand for Hardware Acceleration in the United States

The United States is forecasted to contribute a significant share of the North American market revenue. The growing use of cloud computing technology by various firms in the United States is projected to generate opportunities for market players.

Inability to Support Available 2D Drawing Operations and Higher Costs Adversely Impacting Hardware Acceleration Demand

The inability of hardware acceleration to support the presently available 2D drawing operations is anticipated to curtail the expansion of the global market over the coming decade. Furthermore, the high cost related to the implementation and maintenance of hardware acceleration is also restraining its demand.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8763

Market Competition

Market participants working in the hardware acceleration environment execute a number of similar measures, such as strengthening supply chain management systems, maintaining product standards, and quality control. Key players are expected to benefit from these initiatives as they expand their worldwide footprints and add value to their current portfolios.

Key Market Players

  • NVIDIA Corporation
  • Advanced Micro Devices Inc.
  • Intel Corporation
  • Achronix Semiconductor
  • Xilinx Inc.
  • Oracle Corporation
  • IBM Corporation
  • Lenovo Group Limited
  • Hewlett Packard Enterprise Company Dell
  • Fujitsu Ltd.
  • VMware Inc.
  • Cisco Systems Inc.
  • Enyx
  • AlphaLab Gear
  • Wazer
  • HWTrek
  • Teradici
  • HAX
  • Revvx

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the hardware acceleration market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).

The study divulges essential insights into the market based on product (graphics processing units, video processing units, AI (artificial intelligence) accelerators, regular expression accelerators, cryptographic accelerators) and application (deep learning training, public cloud inferences, and enterprise inference), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

Most Trending Reports in Technology Industry:

Content Delivery Network (CDN) Market: The global content delivery network (CDN) market is forecast to grow at a CAGR of 12.6% to reach US$ 61.2 Billion by 2032, up from US$ 18.8 Billion in 2022. In 2021, content delivery networks held a 27.5% share of the global managed network services market.

Digital Transformation Market: The demand for digital transformation is expected to reach US$ 2.3 Trillion in 2032, exhibiting a growth rate of 14.2%. The Y-o-Y for 2021-2022 is estimated at 19.1%. In the forecast period, the Internet of Things segment, by technology, is expected to lead the market, exhibiting a CAGR of 13.8% during the forecast period from 2022-2032.

Europe Electronic Health Records Market: The European electronic health records market is predicted to increase from a valuation of US$ 6.7 billion in 2022 to US$ 10.5 billion by the end of 2032, registering a steady CAGR of 4.5% during the forecast years of 2022-2032.

Building Integrated Photovoltaic (BIVP) Market: The global building integrated photovoltaic (BIVP) market is currently valued at US$ 16.1 billion and is projected to surge to US$ 88.6 billion by the end of 2032. Fact.MR predicts that worldwide demand for building integrated photovoltaics will increase at a stellar CAGR of 18.1% through 2032.

Battery Management System Market: The global battery management system market is estimated at USD 5.4 Billion in 2022 and is forecast to reach USD 32.2 Billion by 2032, growing at an exciting CAGR of 19.6% during 2022-2032.

About Us:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team[email protected]
Follow Us: LinkedIn | Twitter | YouTube

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

Military Cybersecurity Market to Reach $68.5 Billion, Globally, by 2033 at 15.4% CAGR: Allied Market Research

Published

on

military-cybersecurity-market-to-reach-$685-billion,-globally,-by-2033-at-15.4%-cagr:-allied-market-research

PORTLAND, Ore., May 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Military Cybersecurity Market by Type (Endpoint Security Solutions, Network Security Solutions, Content Security Solutions), Deployment (On-Premises, Cloud), and Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the military cybersecurity market was valued at $15.7 billion in 2023, and is estimated to reach $68.5 billion by 2033, growing at a CAGR of 15.4% from 2024 to 2033.

The global military cybersecurity market is driven by factors such as growing demand for end-point security solutions and surge in cyber-attacks which are increasing need for military cybersecurity.
Prime Determinants of Growth
The global military cybersecurity market is driven by factors such as an increase in demand for defense IT expenditure. Adoption of IoT in cyber security technology provides lucrative growth opportunities. On the other hand, limited awareness related to cybersecurity is projected to hinder market growth.
Request Sample of the Report on Military Cybersecurity Market Forecast 2033
https://www.alliedmarketresearch.com/request-sample/A323349
(We are providing Military Cybersecurity Industry report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and Russia-Ukraine War Impact Analysis)
123 – Tables63 – Charts378 – PagesReport coverage & details:
Report Coverage 
Details 
Forecast Period
2023–2033
Base Year
2023
Market Size in 2023
$15.7 Billion
Market Size in 2033
$68.5 Billion
CAGR
15.4 %
No. of Pages in Report
324
Segments covered
Type, Deployment, Solution and Region.
Drivers 
Increase in demand for defense IT expenditure to drive the market growth.
Opportunities
Adoption of IoT in Cyber Security Technology
Restraints
Limited awareness related to cybersecurity is restricting the market growth
Procure Complete Report (323 Pages PDF with Insights, Charts, Tables, and Figures)https://www.alliedmarketresearch.com/checkout-final/military-cybersecurity-market-A323349
The endpoint security solutions segment to maintain its leadership status throughout the forecast period
Based on type, the endpoint security solutions segment held the highest market share in 2023, accounting for more than two-fifths of the global military cybersecurity market revenue and is estimated to maintain its leadership status throughout the forecast period.
Endpoint security solutions are undergoing continuous evolution to combat the ever-changing landscape of cybersecurity threats. One prominent trend is the widespread adoption of Endpoint Detection and Response (EDR) solutions. EDR offers real-time monitoring of endpoint activities, allowing for swift detection and response to advanced threats.
The on-premises segment to maintain its leadership status throughout the forecast period
Based on deployment, the on-premises segment held the highest market share in 2023, accounting for more than half of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. However, the cloud segment is projected to manifest the highest CAGR of 15.88% from 2023 to 2033. Moreover, cloud computing offers advanced security features and capabilities that strengthen military cybersecurity defense. Leading cloud service providers invest heavily in robust security measures, such as encryption, identity and access management, and threat detection, to protect data and applications hosted in the cloud.
The identity and access management segment to maintain its leadership status throughout the forecast period
Based on solution, the identity and access management segment held the highest market share in 2023, accounting for nearly one-fifth of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. Moreover,
Identity and access management (IAM) plays a crucial role in military cybersecurity by ensuring that only authorized personnel can access sensitive information and critical systems. IAM encompasses processes, policies, and technologies designed to manage digital identities, control access to resources, and protect against unauthorized access and insider threats.
North America to maintain its dominance by 2033
Based on region, North America held the highest market share in terms of revenue in 2023, accounting for more than half of the global military cybersecurity market revenue and is likely to dominate the market during the forecast period. The advancements in sensor technology, artificial intelligence, and communication systems have contributed to the evolution of military cybersecurity, enabling greater autonomy, flexibility, and effectiveness in engaging both stationary and moving targets with reduced collateral damage.
To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A323349
Leading Market Players:
AT&TBAE SystemsBoeingCisco Systems, Inc.DXC Technology CompanyEclecticIQ B.V.IBM CorporationIntel CorporationLockheed Martin CorporationNorthrop Grumman CorporationPrivacera, Inc.SentineIOneSecureworks, Inc.Thales GroupThe report provides a detailed analysis of these key players in the global military cybersecurity market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Browse More Trending Reports
Aerospace Adhesives Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology, by Resin Type, by Function, by End-user : Global Opportunity Analysis and Industry Forecast, 2023-2032
Aircraft Gearbox Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, by Component, by End Use, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031
Aircraft Maintenance Market Size, Share, Competitive Landscape and Trend Analysis Report by Maintenance Type, by Aircraft Type and by End-Use : Global Opportunity Analysis and Industry Forecast, 2023-2032
Airport Ground Handling Market Size, Share, Competitive Landscape and Trend Analysis Report by Service, by Airport, by Provider : Global Opportunity Analysis and Industry Forecast, 2023-2032
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected] Web: www.alliedmarketresearch.com AMR Resource Center: https://www.alliedmarketresearch.com/resource-center
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg 
 

View original content:https://www.prnewswire.co.uk/news-releases/military-cybersecurity-market-to-reach-68-5-billion-globally-by-2033-at-15-4-cagr-allied-market-research-302149843.html

Continue Reading

Artificial Intelligence

Dahua Network Camera Series Obtains CC EAL 3+ Certificate

Published

on

dahua-network-camera-series-obtains-cc-eal-3+-certificate

HANGZHOU, China, May 20, 2024 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, is proud to announce that its network cameras have successfully obtained Common Criteria (CC) EAL 3+ certificate. This achievement demonstrates Dahua’s dedication to delivering secure and reliable solutions that comply with the industry’s highest information security standards and best practices.

The Evaluation Assurance Level (EAL) 3+ certificate, issued by the Common Criteria for Information Technology Security Evaluation (CC), represents a widely used industry standard for evaluating the security features of IT products and systems. It has been recognized by 31 member countries of the Common Criteria Recognition Arrangement (CCRA) organization, which consists of the United States, Germany, the United Kingdom, the Netherlands, Japan, etc.
As the most authoritative and influential information security standard worldwide, obtaining the CC EAL 3+ certificate verifies Dahua’s robust measures against potential security threats throughout the entire R&D, production, and delivery processes. This also signifies that Dahua’s information security management capabilities meet internationally recognized industry standards.
The certification process involves comprehensive testing and evaluation of Dahua’s development environment, production environment, supply chain, vulnerability assessment, personnel security, as well as many other aspects. The security evaluation is completed by SGS Brightsight, a globally renowned security assessment laboratory in the Netherlands and approved by the Netherlands Scheme for Certification in the Area of IT Security (NSCIB).
“At Dahua, we prioritize the security needs and trust of our customers above all else. With the addition of CC EAL 3+ certificate, customers can be confident that they are investing in a secure and reliable solution that delivers unparalleled peace of mind, safeguarding their assets and ensuring uninterrupted operations,” stated Max Xiang, IPC Product Director at Dahua Technology.
Dahua always follows best industry practices and maintains the highest standards of security across all aspects of the company’s operations. In addition to product security and privacy protection, Dahua implements strict quality control measures to strengthen supply chain security. Forging ahead, Dahua will remain dedicated to advancing the security industry through innovative and secure solutions, further enhancing its cybersecurity and data protection capabilities, and working with industry partners to build a trustworthy AIoT environment.
For more in-depth insights into Dahua’s cybersecurity practices, please visit www. dahuasecurity.com 
Photo – https://mma.prnewswire.com/media/2416612/image_1.jpgLogo –  https://mma.prnewswire.com/media/2074657/Dahua_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/dahua-network-camera-series-obtains-cc-eal-3-certificate-302149811.html

Continue Reading

Artificial Intelligence

AGI to Debut at COMPUTEX 2024

Published

on

agi-to-debut-at-computex-2024

TAIPEI, May 20, 2024 /PRNewswire/ — AGI Technology, a pioneering provider of high-performance storage solutions from Taiwan, will make its inaugural appearance at COMPUTEX 2024. This grant event will take place from June 4 to June 7 at the Taipei Nangang Exhibition Center, where AGI will be showcasing its latest innovations at Booth #J0218.

Event DetailsDate: June 4 – 7, 2024Time: 9:30 a.m. – 5:30 p.m.Location: Taipei Nangang Exhibition Center, Hall 1Booth: #J0218
AGI will present cutting-edge technology across three main themes:
Spotlight Innovations
– Supreme Pro TF138 2TB microSD: The world’s first 2TB microSD card, exclusively produced by AGI, sets a new standard in mass production and storage capacity.
– TURBOJET RGB DDR5 Series: This DDR5 series, featuring RGB lighting and a heat sink for overclocking, delivers exceptional performance.
– EDM38 Portable SSD for Mobile: A portable SSD with MagSafe-compatible magnetic attachment that offers lightweight portability.
Ultra-Spec Solutions
– SATA 8TB SSD: This 8TB SATA SSD is pushing the limits of consumer-grade storage, setting a new benchmark for capacity.
– PCIe 16TB SSD: A 16TB PCIe SSD that leads in the HMB domain, providing unmatched performance.
Customization Zone
AGI will showcase tailored storage solutions that meet unique customer needs.
We welcome you to visit AGI at Booth #J0218 to discover these innovations and explore collaboration opportunities.
About AGI
AGI is a leading provider of high-performance storage solutions, offering a range of innovative products that meet the evolving needs of its customers. With a commitment to delivering cutting-edge storage capacities and superior performance, AGI empowers its customers to achieve exceptional digital experiences.
Contact Information
Sales [email protected]+8862-27937256www.agi-gear.com 
Photo – https://mma.prnewswire.com/media/2414525/BANNER_COMPUTEX10.jpg

View original content:https://www.prnewswire.co.uk/news-releases/agi-to-debut-at-computex-2024-302147537.html

Continue Reading

Trending