Market Research Future (MRFR), along with the latest report on the Global Hardware Acceleration Market 2020, released a detail report on the Novel Coronavirus pandemic analysis of the market. Other forces that are observed to impact the market are discussed vividly in the report. As per MRFR study, the rise of the Global Hardware Acceleration Market is likely at about 49% CAGR in the forecast period. The increase the Hardware Acceleration Market value from USD 3.12 Bn in 2018 is estimated to exceed USD 50 billion by 2025.
The increase in need to simplify laborious task can impel the expansion of the hardware acceleration market through the evaluation period. The presence of effective tool to accomplish these major specific tasks, especially tasks requiring repetitive mathematical functions, such as; video decoding and graphics rendering can boost the expansion of the market in the years to come. The wide range of application of graphics processing unit (GPU) to compete mathematical calculations can rise the market growth. The increase in the processing of heavy-duty graphics such as 3D rendering can promote the expansion of the market. In addition, innovation in AI robotics, drones, self-driving vehicles, industrial IoT, and smart appliances are crucial factors that can rise the expansion of the hardware acceleration market in the years to come.
Market Segment Study
- Type, application, and end user are parameters based on which the Hardware Acceleration global Market is studied.
- The type based, the global hardware acceleration market segments are video processing unit, AI accelerator, and graphics processing unit, cryptographic accelerator, regular expression accelerator, and others.
- The application based, the global hardware acceleration market segments are deep learning training, enterprise inference, public cloud inference, and others.
- The end user based, the global hardware acceleration market segments are BFSI, healthcare, energy, retail, hospitality, information technology and telecommunication, logistics, automotive, and others.
Leading Key Players in Hardware Acceleration Market are:
- NVIDIA Corporation (US)
- Advanced Micro Devices Inc. (US)
- Intel Corporation (US)
- Achronix Semiconductor (US)
- Fujitsu Ltd (Japan)
- VMware Inc. (US)
- Xilinx Inc. (US)
- Oracle Corporation (US)
- IBM Corporation (US)
- Dell (US)
- Hewlett Packard Enterprise Company (US)
- Lenovo Group Limited (China)
- Cisco Systems Inc. (US)
- AlphaLab Gear (US)
- Enyx (France)
- HAX (US)
- Revvx (India)
- Wazer (China)
- Teradici (Canada)
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