Global Data Center GPU Market Analysis Report 2023: Rising Focus on Parallel Computing in AI Data Centers and Growing Use of Deep Learning Technologies in Big Data Analytics

Global Data Center GPU Market

Dublin, Nov. 21, 2023 (GLOBE NEWSWIRE) — “Global Data Center GPU Market by Deployment Type (Cloud, On-Premises), Function (Education, Inference), End User (Cloud Service Providers, Enterprise, Government) and Region (North America, Europe, Asia and Pacific Region, RoW) – “Forecast to 2028” report has been added ResearchAndMarkets.com’s offer.

The global data center GPU market is expected to grow from USD 14.3 billion in 2023 and is estimated to reach USD 63 billion by 2028; it is expected to grow at a CAGR of 34.6% from 2023 to 2028

This comprehensive research report categorizes the data center GPU market based on deployment type, function, end user, and region. It provides an overview of the key drivers, restraints, challenges, and opportunities in the Data Center GPU market, offering forecasts up to the year 2028.

The growing emphasis on parallel computing in artificial intelligence (AI) data centers, the increasing use of deep learning technology in big data analytics, and the increasing demand for high computing power to handle growing data traffic have all contributed to the recent growth of data center GPU- the market. However, the market faces limitations due to the high costs associated with data center GPUs.

North America is expected to experience significant growth in the data center GPU market during the forecast period, making it the largest market for data center GPUs. North America has shown promise across industries including BFSI, retail and e-commerce, telecom and corporate. Government and public entities in the region are also actively pursuing technological advancements to serve a large customer base. North America’s significant contribution to the data center GPU market is expected to continue and expand.

Additionally, the report includes leadership mapping and analysis of all companies operating in the data center GPU market ecosystem.

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The report includes an in-depth competitive assessment that evaluates the market shares, growth strategies, and service offerings of key players in the data center GPU market such as NVIDIA Corporation (NVIDIA) (US), Intel Corporation (Intel) (US), Advanced Micro Devices, Inc (AMD) (US) and other.

Enterprise end-user segment of the data center GPU market to hold the largest market share during the forecast period

Companies in different industries, such as finance, healthcare, retail and manufacturing, have different workloads that require data center GPUs.

These workloads include AI and machine learning, data analytics, virtualization, and graphics-intensive applications. Companies are increasingly integrating AI and machine learning into their operations, from improving customer experiences to optimizing supply chains. Data center GPUs are essential for training and running AI models, driving demand.

Companies engaged in scientific research, engineering simulations, or other computationally intensive tasks benefit from data center GPUs. These GPUs improve the performance of high performance computing (HPC) clusters. Data center GPUs are highly scalable, making them suitable for businesses that need to expand their computing resources as their business grows.

Cloud deployment to account for a higher growth compared to the on-premise segment during the forecast period

Cloud deployment is expected to grow at a higher rate during the forecast period. The cloud deployment mode provides benefits such as reduced operating costs, hassle-free implementation, high scalability, easy data availability, faster access to critical data, and low capital requirements.

Demand for the cloud deployment mode of NLP and ML tools in AI is expected to increase with the growing awareness of the benefits of cloud-based solutions. AI solution providers are focusing on the development of robust cloud-based solutions for their customers as many organizations have migrated from on-premises to either private or public clouds.

The growth in AI adoption is driving changes in cloud server configuration. The cloud computing market has experienced significant growth in recent years due to the increase in the amount of data transferred to the cloud by consumers. This has increased the demand for GPU accelerators. The GPUs optimize data processing on the servers by reducing latency.

Inference function to exhibit significant growth of data center GPU market during the forecast period

The inference function is expected to exhibit significant growth during the forecast period. Inference is sensitive to latency, and the trained model must analyze and provide analytics in near real-time. The requirement for the model deployment infrastructure to process data at the fastest pace is expected to drive the inference market.

Key Attributes:

Premium Insights

• Increasing demand for data center GPUs among cloud service providers to drive the market

• Cloud segment to register highest CAGR during the forecast period

• Cloud service providers End-user segment and China held the largest shares of the Asia Pacific GPU data center market in 2022

• Education segment to command major market share during the forecast period

• Business segments to account for larger market shares during the forecast period

• India is set to be the fastest growing data center GPU market at the country level during the forecast period

Case study analysis

• NVIDIA Corporation launched the world’s first GPU-accelerated quantum computers

• Imagination Technologies and Mobica collaborated to create virtualized vehicle environment

• Realtek leveraged GPUs from Imagination Technologies for use in DTV

• Intel Corporation provides GPUs for use in the Aurora Supercomputer

• Integration of NVIDIA GPUs in Google Cloud Offerings Accelerated Generative AI Applications

Standards

• NIST Special Publication (SP) 800-53

• Distributed Management Task Force Standards

• Critical Infrastructure Protection Mandates, NERC (North America)

• The Network and Information Systems Regulations 2018 (United Kingdom)

• Telecommunications Infrastructure Standard for Data Centers

• Distributed Management Task Force (DMTF) Standard

• Electronics Industry Association (EIA)

• Telecommunications Industry Association (TIA)

• Data Center Site Infrastructure Tier Standard (Uptime Institute)

• Storage Networking Industry Association (SNIA) and Cloud Data Management Inference (CDMI)

Market dynamics

Driver

• Increasing focus on parallel computing in artificial intelligence (AI) data centers

• Increased use of Deep Learning techniques in Big Data Analytics

• Increased data traffic and need for high computing power

• Increasing adoption of data center GPUs among enterprises

Restrictions

Possibility

• Integration of AI-based solutions in defense systems

• Increased recognition of potential applications of GPUs in the healthcare sector

• Rising popularity of autonomous vehicles

Challenges

Company Profiles

Key Players: Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst View

• NVIDIA Corporation

• Advanced Micro Devices, Inc.

• Intel Corporation

• Micron Technology, Inc.

• IBM Corporation

• Qualcomm Technologies, Inc.

• Samsung Electronics Co. Ltd.

• Google

• Microsoft

• Fantasy technology

Other players

For more information on this report visit https://www.researchandmarkets.com/r/7l8s0e

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