Hardware Acceleration Market size was valued at US$ 10.36 Bn. in 2021 and the total revenue is expected to grow at 49.2% through 2021 to 2029, reaching nearly US$ 254.62 Bn.
Hardware Acceleration Market Overview
As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Hardware Acceleration Market” was USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029.
Hardware Acceleration Market Dynamics
Some potential advantages of hardware acceleration include improved performance, more efficient programme execution in less time, CPU optimisation that improves system performance, enabling the user to complete various tasks more quickly, and so on. These factors are accelerating the growth of the Hardware Acceleration Industry as a whole.
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Hardware Acceleration Market Scope and Methodology
The report comprehensively assesses the Hardware Acceleration market’s size estimation, encompassing existing and upcoming trends. It delivers an extensive examination of pivotal advancements, marketing tactics, supply and demand indicators, and profiles of market proprietors, leaders, potential contenders, and new entrants. Employing a bottom-up approach, the report estimates the Hardware Acceleration Market. Primary data sources involve interviews with notable industry experts, business owners, and marketing specialists, while secondary sources encompass financial reviews and annual reports of top manufacturers. For comprehensive insights into market penetration, competitive landscape, demand analysis, and regional evaluation, the study spans local, regional, and global levels.
Hardware Acceleration Market Regional Insights
The Hardware Acceleration market exhibits extensive categorization across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis furnishes the current status of the Hardware Acceleration market within the countries covered. This report offers a comprehensive assessment of factors, market dimensions, growth rates, and regional import-export dynamics.
Hardware Acceleration Market Segmentation
The global market for hardware acceleration is divided into three types based on type: video processing units, graphics processing units, and others.The rise is attributed to the widespread use of GPU in several industries. Customers gain from GPU-enabled hardware acceleration in all supported programmes, including watching videos, playing games, or performing any activity that involves quick mathematical computations. In the browser, it enables much smoother browsing and media viewing, which helps drive market development. In 2021, GPU hardware acceleration for AI tasks became popularity, and it is currently expanding in fields like deep learning for inference and training in gadgets like autonomous cars, industrial robots, and more.
Global Hardware Acceleration Market, by Type (2021-2029)
• Video Processing Unit
• Graphics Processing Unit
o AI Accelerator
o Regular Expression Accelerator
o Cryptographic Accelerator
• Others
Global Hardware Acceleration Market, by Application (2021-2029)
• Deep Learning Training
• Public Cloud Inference
• Enterprise Inference
• Others
Global Hardware Acceleration Market, by Industry Vertical (2021-2029)
• IT and Telecom
• BFSI
• Retail
• Hospitality
• Logistics
• Automotive
• Healthcare
• Energy
• Others
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Hardware Acceleration Market Key Players
• NVIDIA Corporation
• Intel Corporation
• Advanced Micro Devices, Inc
• Achronix Semiconductor
• Oracle Corporation
• Xilinx, Inc
• IBM Corporation
• Hewlett Packard Enterprise Company
• Dell
• Lenovo Group Limited
• Fujitsu Ltd
• Cisco Systems, Inc.
• VMware, Inc.
• Enyx
• HAX
• Revvx
• AlphaLab Gear
• HWTrek
• Wazer
• Teradici
Key questions answered in the Hardware Acceleration Market are:
- What is Hardware Acceleration?
- What was the Hardware Acceleration market size in 2022?
- What are the different segments of the Hardware Acceleration Market?
- What growth strategies are the players considering to increase their presence in Hardware Acceleration?
- What are the upcoming industry applications and trends for the Hardware Acceleration Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Hardware Acceleration Market?
- Who are the key players in the Hardware Acceleration market?
- What segments are covered in the Hardware Acceleration Market?
- Who are the leading companies and what are their portfolios in Hardware Acceleration Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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