The hardware accelerators are utilized to increase the performance and efficiency of a general-purpose CPUs. The hardware accelerators are more commonly known as a 3D cryptographic accelerator. The hardware accelerators market is anticipated to witness steady growth owing to the advancement in technology over the forecast period.
The increasing demand for AI-accelerator chips for extremely specific roles, such as computer vision, in the proliferating cloud-to-edge ecosystem, is a significant factor driving the growth of the hardware acceleration market. However, the high cost of the system is the major factor that may restrain the growth of the hardware acceleration market. Nevertheless, innovation in AI robotics, drones, self-driving vehicles, smart appliances, and industrial IoT is anticipated to boost the growth of the hardware acceleration market.
Competitive Landscape: Achronix Semiconductor Corporation, Advanced Micro Devices, Inc, Cisco Systems, Inc, Hewlett Packard Enterprise Development LP, Intel Corporation, NVIDIA Corporation, Oracle Corporation, Revvx Hardware Accelerator, VMware, Inc., Xilinx
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