Hardware Acceleration Market Is Growing At 51% Cagr To Hit Us$ 177 Billion By 2033

The global Hardware Acceleration Market is valued at US$ 2.87 billion in 2023 and is projected to expand at a phenomenal CAGR of 51% through 2033. Hardware acceleration is a popular technology that is used to perform some specific functions, including high-quality sound and playback recording, etc. It is designed for certain task-specific purposes and utilizes video processing chips or GPU (graphics processing units) to perform some heavy arithmetic tasks and operations. 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.