Home > > IT And Telecommunications > > Accelerator Card Market Size, Share, Trends, Analysis Report - 2032
Id: CBI_2811 | Pages: 362 | Format : PDF | Published : | Author : Consegic Business Intelligence | Category : IT And Telecommunications
Accelerator Card Market size is estimated to reach over USD 214.07 Billion by 2032 from a value of USD 18.96 Billion in 2024 and is projected to grow by USD 25.33 Billion in 2025, growing at a CAGR of 35.4% from 2025 to 2032.
Accelerator cards are specialized hardware components that are designed to offload and accelerate specific tasks. They are typically used in high-performance computing (HPC) systems, where they significantly speed up calculations for scientific simulations, machine learning, data analytics, and high frequency trading. They come in various types, including AI accelerators, graphics accelerators, and cryptographic accelerators. These cards can be customized and optimized for specific workloads and often use parallel processing techniques to perform computations faster than traditional central processing units (CPU). They are typically added to computer systems to enhance performance for specific workloads. They find use across diverse industries, including healthcare, automotive, retail, telecommunications, aerospace, pharmaceuticals, and gaming, primarily for tasks like AI, machine learning, data analytics, and high-performance computing.
An artificial intelligence (AI) accelerator—also known as an AI chip, deep learning processor or neural processing unit (NPU), is a hardware accelerator that is built to speed AI neural networks, deep learning and machine learning. As AI technology expands, AI accelerators are critical to processing the large amounts of data needed to run AI applications. Currently, AI accelerator use span smartphones, PCs, robotics, autonomous vehicles, the Internet of Things (IoT), edge computing and more. AI accelerators, with specialized parallel-processing capabilities, allows them to perform billions of calculations at once. They are critical to speeding the processing of data necessary to create AI applications at scale. With speed and scalability at a premium in the fast-moving AI technology industry, AI accelerators have become indispensable in helping companies innovate at scale and bring new AI applications to market sooner. AI accelerators are superior to their older counterparts in three critical ways: speed, efficiency and design.
Thus, the increasing adoption of AI and machine learning across various industries results in the rising trend for faster and more efficient hardware, making them a vital solution boosting Accelerator Card Market demand.
Accelerators, particularly GPUs, are used in cryptocurrency mining to perform computationally intensive tasks such as verifying transactions on decentralized networks and are also used for other applications like AI and big data analysis. Cryptographic accelerators are specialized hardware devices or coprocessors designed to efficiently and securely perform computationally intensive cryptographic operations like encryption, decryption, and hashing, offloading these tasks from the main CPU. They are designed to handle cryptographic tasks more efficiently than general-purpose CPUs, leading to faster processing, lower power consumption, and enhanced security. They provide benefits such as increased performance, reduced power consumption, and enhanced security.
Thus, the use of Cryptographic accelerators to solve complex mathematical equations and big data analysis results in the Accelerator Card Market expansion.
Accelerators are expensive due to their specialized, high-performance design, complex manufacturing processes, and high requirements in sectors like cloud computing and AI, which drives up costs. They are designed for specific tasks, such as AI/ML training or processing, requiring highly specialized hardware and software, leading to increased development and manufacturing costs. The manufacturing of these cards involves complex processes, including the use of advanced semiconductor technologies and intricate circuit board designs, which are expensive to implement. The growing need for cloud computing, AI, and high-performance computing applications has led to a surge in their need, creating shortages and driving up prices. The initial investment required for research, development, and manufacturing of specialized accelerators can be substantial, potentially making them unaffordable for some businesses.
Thus, the towering initial cost and high development and manufacturing cost affects the Accelerator Card Market demand.
High-performance computing (HPC) involves using powerful computing resources to perform complex calculations and simulations that would be impossible or take far too long on standard computers. Accelerators, often GPUs or FPGAs, are crucial for high-performance computing (HPC) by enabling parallel processing and significantly accelerating calculations in applications like scientific simulations and machine learning. Traditional CPUs are designed for sequential tasks, while accelerators are designed for parallel processing, allowing them to handle large datasets and complex calculations much faster. High-performance computing is one of the most essential tools fueling the advancement of scientific computing. From weather forecasting and energy exploration to computational fluid dynamics and life sciences, researchers are fusing traditional simulations with AI, machine learning, big data analytics, and edge computing.
These specialized hardware components in HPC are used to offload and accelerate specific tasks, significantly speeding up computations for applications like scientific simulations, machine learning, and data analytics. They are designed to excel at specific tasks, unlike general-purpose CPUs which are optimized for a wide range of workloads.
Thus, the requirement of powerful computing and high processing speed bolster the Accelerator Card Market trend.
Based on processor type, the market is segmented into Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field-programmable Gate Arrays (FPGA), and Application-specific Integrated Circuit (ASIC).
The Graphics Processing Unit (GPU) segment accounted for the largest Accelerator Card Market share in 2024.
The Field-programmable Gate Arrays (FPGA) segment is anticipated to have the fastest CAGR during the forecast period.
Based on accelerator type, the market is segmented into Cloud Accelerator and High-performance Computing Accelerator.
The Cloud Accelerator segment accounted for the largest revenue share in the Accelerator Card Market in 2024.
The High Performance Computing Accelerator segment is anticipated to have the highest CAGR during the forecast period.
Based on application, the market is segmented into Video and image processing, Machine learning, Data Analytics, Financial computing, Mobile phones, and others.
The data analytics segment accounted for the largest revenue share of 34.2% in 2024.
The machine learning segment is projected to register the fastest CAGR during the forecast period.
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Asia Pacific region was valued at USD 5.58 Billion in 2024. Moreover, it is projected to grow by USD 7.48 Billion in 2025 and reach over USD 65.18 Billion by 2032. Out of this, China accounted for the maximum revenue share of 45.3%.
In the Asia-Pacific region, accelerators, particularly data center accelerators, are used for tasks like financial computing, machine learning, computational storage, and data search and analytics, with China and India being key markets. In this region, the demand is driven by the rapid growth of cloud computing, the rise of AI and machine learning, and the increasing need for high-performance computing in data centers and other sectors. The expansion of cloud services and data centers in Asia, particularly in China and India, necessitates their use to handle the massive computational workloads. As data centers become more complex and data volumes grow, the need for energy-efficient and high-performance computing solutions, including accelerator cards, becomes critical.
The rollout of 5G networks is driving the need for faster and more efficient data processing, which these accelerators can facilitate. The increasing requirement for high-quality streaming and content delivery requires powerful processing capabilities, where accelerator cards play a role. Small and medium-sized enterprises are increasingly adopting technology, leading to a rise in their demand.
Thus, the market analysis highlights the emerging trend of Accelerators in China and other developing countries such as India.
North America is estimated to reach over USD 69.38 Billion by 2032 from a value of USD 6.29 Billion in 2024 and is projected to grow by USD 8.39 Billion in 2025.
The North American accelerator card market is experiencing significant growth, driven by the rapid adoption of technologies like high-performance computing (HPC), AI, and data analytics, with the US and Canada leading the way.
North America currently dominates the global accelerator card market, with the US holding the largest market share and Canada experiencing the fastest growth within the region. The market is fueled by the increasing need for cutting-edge technologies like HPC, AI, augmented reality (AR), cloud computing, and edge computing, as well as the emergence of hyper-scale data centers and data businesses.
In this region, accelerators, particularly GPUs, are widely used for gaming, supporting multiple monitors, and increasingly in data centers for tasks like machine learning, financial computing, and blockchain technology applications like cryptocurrency mining. Accelerators, especially GPUs, are crucial for high-definition gaming and virtual reality (VR), boosting frame rates and improving rendering quality. They provide the necessary video output and processing power to drive multiple displays simultaneously, beneficial for tasks like video editing, programming, and multitasking. The strong parallel processing capabilities of these accelerators, especially GPUs, are essential for tasks like cryptocurrency mining and verifying transactions on decentralized networks.
The broader trend of digital transformation across various industries, which involves converting information into a format that computers can process efficiently, is also driving the market for accelerators.
Thus, the Accelerator Card Market analysis shows that the North American region is the largest revenue share holder of the market with the advancement in the technological field and integration with Artificial Intelligence.
The European market for accelerator cards is experiencing rapid developments, driven by the increasing use of Artificial Intelligence (AI) and Machine Learning (ML) across various sectors. In this region, accelerators are increasingly used to enhance performance in various industries, particularly for AI/ML workloads, by offloading CPU processing, and are expected to see significant growth due to the increasing adoption of these technologies. For Open RAN (Radio Access Network), they play a crucial role in virtualized radio access networks, by offloading processing from the CPU to enhance performance and reduce energy consumption.
There is also broad use of GPU accelerators in European countries to boost performance in various fields, including scientific research, data science, AI/ML, and HPC, particularly for tasks involving large datasets, complex simulations, and deep learning model training. They can efficiently process and analyze large datasets, which is crucial for many data-driven applications.
Thus, the Accelerator Card market analysis shows the growing utilization of Accelerators in Machine Learning applications drives the Accelerator Card Market.
In the Middle East and Africa, startup accelerators play a crucial role in fostering innovation and entrepreneurship by providing post-revenue ventures with access to mentorship, investors, and capacity-building services, ultimately aiming to accelerate growth and address regional challenges. Accelerators empower local innovators and startups to address the unique challenges of the region through technology and innovation. They create numerous opportunities for entrepreneurs building ventures in the Middle East and Africa.
Thus, the market analysis shows the emerging trend of accelerators in the Middle East and the developing countries of African region.
In Latin America, accelerators, which are specialized hardware used to boost processing speed for specific tasks, are used for various applications, including machine learning, cryptography, and high-performance computing, particularly in industries like fintech and cloud computing. There are accelerator programs in Latin America, such as the Google for Startups Accelerator: Latino Founders, which help startups with technical challenges and business growth, using them for specific tasks. The shift towards digital payments in Latin America, with debit and credit cards becoming more popular, also contributes to the need for secure and efficient payment processing, which can be aided by these accelerators.
Thus, the market analysis highlights the introduction of various accelerator programs in the Latin American region boosting the Accelerator Card Market.
The Accelerator Card market is highly competitive with major players providing products and services to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the global Accelerator Card market. Key players in the Accelerator Card industry include -
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 214.07 Billion |
CAGR (2025-2032) | 35.4% |
By Processor Type |
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By Accelerator Type |
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By Application |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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Accelerator cards are specialized hardware components designed to accelerate specific tasks. The are primarily used in High-performance computing systems to perform calculations for scientific simulations with high speed. They are externally added to computer systems to enhance performance.
The rising demand of Artificial Intelligence and machine learning for processing large amounts of data required to run AI applications is driving the market. AI accelerators have the ability to perform billions of calculations simultaneously. The rising trend of Crypto mining is also driving the Accelerator market. GPUs are used to perform tasks such as transaction verification on decentralized networks and for big data analysis.
The major segmentation of the Accelerator Card market is done on the basis of processor type, accelerator type, and application. Graphics Processing Unit, a sub segment, accounts for the largest market due to its ability to rapidly process and render visual content, its excellency in processing data, and parallel processing.
NVIDIA (US), Intel (US), IBM (US), Lenovo (China), Oracle (US), Ditto Labs (US), Achronix Semiconductor Corporation (US), Vantis PLC (UK), Xilinx (US), Lattice Semiconductor (US).