The Global Data Center Accelerator Market is projected to grow at a CAGR of 47.06% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 5.19 Billion in 2021 and is expected to reach USD 159.86 Billion by the end of the forecast period. Data center accelerators, comprising both hardware and software components, are pivotal in enhancing overall computer performance through the processing of visual data. These accelerators not only boost computational prowess but also fuel the escalating demand for data centers powered by artificial intelligence (AI) and AI-based services. Market drivers include the increasing demand for cloud computing, the proliferation of AI-based technologies, and the rising adoption of 5G networks.
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