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Hardware Acceleration Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2027 | COVID-19 Effects

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Vivek Vishwkarma
Hardware Acceleration Market Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2027 | COVID-19 Effects

Market Synopsis

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.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/8249

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.

Detailed Regional Analysis

The geographic analysis of the global hardware acceleration market across North, Central and South America, following America, Europe, Asia-Pacific, and the Middle East and Africa regions reveals major trends of the market observed in these regions. North America hardware acceleration market is expected to be the largest market across the study period. The increase in the adoption of cloud computing technology across major industries in the region can promote the expansion of the market in the region. The high usage of hardware acceleration in increasing number of data centers can fuel the rise of the market through the assessment period. In Europe, the hardware acceleration market is expected to stand second in the world market through the review period. The increase in adoption of GPU, cryptographic accelerator, and AI accelerators across industries in the region can promote the expansion of the market in the assessment time. In Asia Pacific, the expansion of the hardware acceleration market can witness a sharp increase its market value. The hardware acceleration market is expected to surge in the coming years as the telecom and IT field in India are invested in modern technologies that can promote the expansion of the regional market.

Key Players

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),and Teradici (Canada) are some notable companies in the hardware acceleration market across the study period.

Get Complete Report @ https://www.marketresearchfuture.com/reports/hardware-acceleration-market-8249

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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