The Development of AI Accelerators: Generative AI Powered by GPUs to Propel Market Growth

Global AI accelerator market is anticipated to grow at a CAGR of 29.4% during the forecast period (2025-2035). The increased demand for generative AI tools, including ChatGPT and image synthesis platforms, has led to an increased demand for heavy workloads on GPUs, contributing significantly to the market growth. 

Browse the full report description of “AI Accelerator Market Size, Share & Trends Analysis Report by Type (Graphics Processing Units (GPUs), Tensor Processing Units (TPUs), Application-Specific Integrated Circuits (ASICs), Central Processing Units (CPUs), Field-Programmable Gate Arrays (FPGAs)), and by Technology Integration (Cloud-Based AI Accelerators, and Edge AI Accelerators) and by End-User (IT & Telecom, Healthcare, Automotive, Finance, Retail, and Others) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/ai-accelerator-market

Recent Developments

• In March 2024, NVIDIA launched the NVIDIA Blackwell platform, allowing organizations to build and run real-time generative AI on trillion-parameter large language models at 25x less cost and energy consumption. The Blackwell GPU architecture, features six innovative technologies, to revolutionize data processing, engineering simulation, electronic design automation, computer-aided drug design, quantum computing, and generative AI.

• In January 2024, NVIDIA released GeForce RTX SUPER desktop GPUs offering generative AI performance.

• In December 2023, Intel introduced the Gaudi3 AI Accelerator, an AI chip designed to compete with Nvidia's GPUs, specifically for generative AI software. The new chip competed head-on with NVIDIA and AMD, who dominate the market for large, power-intensive AI models.

Market Coverage

• The market number available for – 2024-2035

• Base year- 2024

• Forecast period- 2025-2035

• Segment Covered- 

o By Type

o By Technology Integration

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - Advanced Micro Devices, Inc., IBM Corp., Intel Corp., NVIDIA Corp., and others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global AI Accelerator Market Report Segment

By Type

• Graphics Processing Units (GPUs)
• Tensor Processing Units (TPUs)
• Application-Specific Integrated Circuits (ASICs)
• Central Processing Units (CPUs)
• Field-Programmable Gate Arrays (FPGAs)

By Technology Integration

• Cloud-Based AI Accelerators
• Edge AI Accelerators

By End-User

• IT & Telecom
• Healthcare
• Automotive
• Finance
• Retail
• Others (Government and Defense)

Global AI Accelerator Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Russia

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Australia and New Zealand

• ASEAN Economies

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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