Latest News- Ai Servers Market: GPU-based servers is expected to lead the Type segment during 2024-2028
The Ai Servers Market is being driven by Digital transformation across industries
The Ai Servers Market is expected to grow at a CAGR of 18.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 41635.6 million. The global AI servers market is experiencing robust growth due to the emergence of AI-specific hardware, which includes GPUs, TPUs, and FPGAs. These advanced chips, engineered for AI workloads such as neural networks and machine learning algorithms, deliver substantial performance enhancements compared to traditional CPUs. This technological innovation is essential for high-performance computing applications in natural language processing, computer vision, and predictive analytics. In May 2024, Atos SE introduced the BullSequana AI 600, a collaboration with AMD, further accelerating AI adoption across industries by offering improved processing capabilities for AI models.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Type (GPU-based servers, Edge AI servers, AI cloud servers, TPU-based AI servers, Others) End-user (IT and cloud service providers, Financial services and banking, Healthcare, Automotive, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Ai Servers Market Research Report
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The Ai Servers Market is driven by the need for resource optimization, automation, and personalized experiences. Key areas of focus include risk management, customer experience, logistics, fraud detection, data-driven decision making, and powered healthcare solutions. Operational efficiency, environmental sustainability, and competitive advantage are also significant factors. Sustainable AI development, security, predictive analytics, and finance and banking applications are priority areas. Cloud infrastructure optimization, hardware, research, real-time insights, and data-driven decisions are essential for transportation, retail, healthcare, manufacturing, and enterprise sectors. Innovation, ethics, education, and enterprise adoption are shaping the future of this market. Powered automation, server scalability, compatibility, and deployment are crucial for networks edge and business transformation.
The Ai Servers Market is a significant segment of the global Technology Hardware, Storage, and Peripherals Market, which encompasses manufacturers of servers, electronic computer components, and peripherals. According to Technavio, this market will experience growth due to the increasing volume, velocity, veracity, and variety (4Vs) of data. This trend is primarily driven by the expanding number of data centers and the subsequent demand for advanced data storage solutions. Furthermore, the adoption of edge computing for real-time insights, digital transformation across industries such as healthcare, and the integration of graphic processing units (GPUs) into cloud-based applications are key factors fueling market growth. Additionally, the need for scalability, recognition, and artificial intelligence capabilities in operational activities and big data analytics further bolsters market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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