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AI Server GPU Market Size to Grow USD 3139.8 Million by 2030 at a CAGR of 16.7% | Valuates Reports

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AI Server GPU Market is Segmented by Type (SXM, PCIe), by Application (Data Center, Game, Automotive): Global Opportunity Analysis and Industry Forecast, 2024-2030.

BANGALORE, India, Sept. 11, 2024 /PRNewswire/ — The Global AI Server GPU market was valued at USD 1024 Million in 2023 and is anticipated to reach USD 3139.8 Million by 2030, witnessing a CAGR of 16.7% during the forecast period 2024-2030.

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Major Factors Driving the Growth of AI Server GPU Market:

Due to the growing need for high-performance computing in artificial intelligence applications across all sectors, the market for AI Server GPUs is expanding quickly. GPUs (Graphics Processing Units) are critical for speeding deep learning, neural networks, and large data processing operations as AI workloads become more complicated and data-intensive. The need for AI server GPUs is being further fueled by the growth of edge computing, cloud computing, and AI-driven applications in industries like finance, healthcare, and the automotive industry. In order to satisfy the increasing computing demands of AI servers worldwide, major firms are concentrating on creating GPUs that are both more potent and energy-efficient.

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TRENDS INFLUENCING THE GROWTH OF THE AI SERVER GPU MARKET:

The market for AI server GPUs is expanding at a substantial rate because of SXM GPUs’ superior performance capabilities and sophisticated designs that are suited for AI applications. Unmatched processing power and memory bandwidth are provided by the multi-GPU-capable NVIDIA SXM architecture, which is crucial for sophisticated AI applications like computer vision, natural language processing, and deep learning. SXM GPUs enhance AI model training and inference, making them a popular option in data centers and high-performance computing settings. They do this by providing increased throughput and better parallel processing. For businesses investing in AI infrastructure, their capacity to minimize latency and power consumption and scale well across numerous GPUs makes them very appealing.

PCIe GPUs, which provide flexibility and affordability that make them perfect for a variety of AI applications, are a major factor driving development in the AI Server GPU market. Because the PCIe interface is extensively used in servers, it makes it simple to integrate GPUs into pre-existing infrastructures, allowing businesses to upgrade their systems without having to completely rebuild them. Because of its plug-and-play nature and the accessibility of strong GPUs from well-known manufacturers like NVIDIA and AMD, businesses may effectively improve their AI processing capabilities. High-speed data transport is another feature that PCIe GPUs provide, and it’s essential for processing big datasets in real-time AI applications like robotics, autonomous cars, and predictive analytics. PCIe GPUs are a vital component in expanding AI operations due to their extensive compatibility and versatility, which has a major

The rise of the AI Server GPU market is mostly due to data centers, which offer the infrastructure required for large-scale AI processing. The need for strong, GPU-accelerated data centers is growing as businesses and cloud service providers embrace AI-driven services more and more. enormous-scale data analysis, real-time inference, and effective AI model training are made possible by these facilities’ sophisticated AI server GPUs, which are capable of handling very enormous parallel processing jobs. The increasing prevalence of AI-focused workloads in fields like cybersecurity, big data analytics, and autonomous systems is pressuring data centers to upgrade to GPUs with greater power to meet the demands of processing. The use of AI server GPUs is also being accelerated by the move towards edge computing and the requirement for low-latency AI computation.

One major driver propelling the growth of the AI Server GPU market is the growing acceptance of AI-driven applications across different sectors. AI is finding its way into a broad range of applications, including driverless cars, financial services, retail analytics, and healthcare diagnostics. Massive processing capacity is needed for these applications to handle and analyze big datasets, run intricate algorithms, and deliver real-time insights. AI server GPUs are crucial in fulfilling these needs because of their capacity to manage extremely large parallel processing jobs. The demand for strong GPUs is being further driven by the increasing volume and complexity of AI models, such as those found in deep learning and neural networks.

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AI SERVER GPU MARKET SHARE ANALYSIS:

The market for AI Server GPUs is dominated by North America due to the region’s concentration of top technological businesses, strong infrastructure for AI research and development, and broad use of AI across a range of sectors. Leading leaders in GPU innovation, including NVIDIA, AMD, and Intel, are based in the United States in particular.

Growth in the market is mostly driven by the region’s sophisticated data center infrastructure and strong demand for AI-based applications, such as cloud computing, driverless cars, and healthcare analytics. Furthermore, the need for high-performance AI server GPUs is being fueled by significant expenditures made in AI research by both government and commercial organizations. Continued growth is ensured by North America’s robust ecosystem of established tech giants, research institutes, and AI startups.

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Key Companies:

NVIDIAAMDIntel

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  The global AI Server market is projected to reach USD 78810 Million by 2030 from an estimated USD 31720 Million in 2024, at a CAGR of 16.4% during 2024 and 2030.

–  AI Server PCB market was valued at USD 96 Million in 2023 and is anticipated to reach USD 197.4 Million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.

–  AI Server CPU and GPU Market

–  Artificial Intelligence (AI) Servers Market

–  AI Server Interconnect Chip Market

–  AI Inference Server Market revenue was USD 10890 Million in 2022 and is forecast to a readjusted size of USD 39360 Million by 2029 with a CAGR of 18.9% during the forecast period (2023-2029).

–  AI Server Accelerated Processing Unit (APU) Market

–  AI Vulnerability Scanning market was valued at USD 3121.56 Million in 2023 and is anticipated to reach USD 7,574.30 Million by 2030, witnessing a CAGR of 13.52% during the forecast period 2024-2030.

–  AI Server Power Supply Unit (PSU) Market

–  AI Server APU Market

–  Generative AI Market

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DomaCom Appoints Giuseppe Porcelli as Chairman and Secures $2 Million Private Placement

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SYDNEY, Jan. 10, 2025 /PRNewswire/ — DomaCom Limited (ASX:DCL) is pleased to announce two significant developments that will strengthen its leadership and financial position as it advances its fund-first, technology-driven strategy.

Appointment of Giuseppe Porcelli as Non-Executive Chairman

DomaCom has appointed Giuseppe Porcelli as Non-Executive Chairman. Giuseppe is the Founder, Chairman, and CEO of Lakeba Group, a global technology leader renowned for AI-powered, scalable solutions. With extensive expertise in technology-driven investment strategies, his leadership will be instrumental in accelerating DomaCom’s growth, innovation, and investor value creation.

“Giuseppe’s appointment strengthens our leadership team at a pivotal time for DomaCom,” said Darren Younger, CEO of DomaCom. “His experience in driving technological innovation and scaling businesses will support our strategy to enhance investor value and expand our market presence.”

Successful Completion of $2 Million Private Placement

DomaCom has successfully secured a $2 million investment through a private placement from sophisticated investor Martin Groen. The placement involved issuing 142,857,143 fully paid ordinary shares at $0.014 per share, reflecting investor confidence in DomaCom’s strategy and growth potential.

“This investment demonstrates strong confidence in our vision to transform DomaCom into a leading fund-first, technology-driven business,” said Giuseppe Porcelli, Chairman of DomaCom. “The additional option to secure further funding underscores the long-term alignment between DomaCom and our investors. This capital will allow us to accelerate key initiatives, deliver value to our stakeholders, and position the business for sustained growth.”

These developments mark an important step forward in DomaCom’s transformation, reinforcing its commitment to technological innovation, financial growth, and enhanced investor value.

Contact person: Darren Younger, DomaCom CEO
Darren.younger@domacom.com.au 

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SOURCE DomaCom Limited

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GlocalMe Unveils New Brand Identity and Cutting-Edge Innovations at CES 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — GlocalMe, a global leader in mobile data connectivity under uCloudlink (NASDAQ: UCL), is proud to announce its participation in CES 2025, the world’s largest technology trade show. This year marks a significant milestone for GlocalMe as it unveils its newly refreshed brand identity and showcases an impressive lineup of innovative products that are set to redefine global connectivity.

With the theme “The Ideal Network of Life,” GlocalMe’s rebranding reflects its dedication to providing seamless, secure, and reliable internet connectivity that feels local, no matter where users are. Powered by its patented Cloud SIM and HyperConn™ technology, the brand emphasizes “Global Connectivity, Local Mindedness,” delivering a borderless yet personalized connection experience for modern digital lifestyles.

“Our new brand identity represents a transformative step in our journey to empower users with effortless and reliable global connectivity,” said Chaohui Chen, CEO of uCloudlink. “At CES 2025, we are thrilled to showcase how our innovative solutions bring the world closer together, delivering technology that feels personal and local, even in a globalized world.”

Spotlight on the GlocalMe Life Series

A major highlight of GlocalMe’s CES 2025 showcase is the GlocalMe Life Series, a collection of advanced products designed to provide secure and convenient connectivity for daily and travel use. With a focus on user convenience and peace of mind, the Life Series empowers users to stay connected effortlessly.

At CES 2025, GlocalMe will pre-launch three new additions to the Life Series:

GPet: The second generation of GlocalMe’s smart global pet tracker, featuring unique 6-tech positioning technologies to ensure the safety and location tracking of pets worldwide. New features, including ‘AI Wellness’ and ‘Pet Interaction,’ will enhance pet health monitoring and strengthen the bond between pets and their owners.UniCord S and UniCord P: Upgraded versions of the UniCord, designed specifically for drivers and remote workers. These devices offer advanced tracking features and provide secure and seamless connectivity during commutes or road trips. The UniCord P boasts upgraded mobile internet specifications, delivering a network experience comparable to a Wi-Fi hotspot.

These new products join the existing Life Series, which includes:

UniCord: The world’s first 3-in-1 multi-functional USB cable, which has been honored with the “CES Breakthrough Award 2025” by Android Authority for its innovative design and functionality.RoamPlug: The world’s only travel adapter with a built-in 4G mobile hotspot.KeyTracker: A global intelligent tracker featuring 6-tech positioning to secure and locate personal belongings with precision.

Introducing HyperConn™ Technology: Seamless Connectivity Redefined

GlocalMe will also debut its revolutionary HyperConn™ mobile Wi-Fi hotspot technology at CES 2025, redefining how users stay connected on the move. Leading this innovation is the MeowGo G40 Pro, a HyperConn™-enabled 4G multi-network mobile Wi-Fi hotspot. Designed for road trip families and remote workers, this device leverages AI-powered network switching to provide uninterrupted internet access by seamlessly connecting to multiple 4G carriers and Wi-Fi providers. This ensures reliable connectivity anywhere in the world, no matter where life takes users.

Experience GlocalMe at CES 2025

From January 7 to 10, 2025, GlocalMe will showcase its new brand identity and innovative product lineup at booth LVCC North Hall #8211. Attendees are invited to experience firsthand how GlocalMe is redefining global connectivity through its cutting-edge products and advanced technologies.

All pre-launched products from CES will be officially available by the end of the first quarter of 2025.

About GlocalMe

GlocalMe is a digital lifestyle brand under Nasdaq-listed technology company uCloudlink (NASDAQ: UCL). With its mission to enable people to ‘Connect and Share without Limitations’, uCloudlink is a leading mobile technology solutions provider that provides a marketplace for mobile data traffic sharing to billions of users in over 200 countries and regions. By using uCloudlink’s patented Cloud SIM technology, mobile users are no longer confined to the service of a single network operator but are opened to a world of connectivity whenever and wherever they are.

For more information, visit www.glocalme.com.

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Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

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SINGAPORE, Jan. 9, 2025 /PRNewswire/ — Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in Singapore and the broader Asia Pacific region. While the IPA marks a critical step forward, Reap Singapore remains steadfast in meeting the required conditions for the MPI License. Reap is equally committed to dedicating the necessary resources to support and assist Reap Singapore in achieving this goal. Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers.

“At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth. Receiving this IPA from the MAS, a globally renowned financial regulator, is incredibly motivating and will be a key driver of secure growth in the region. It fuels our enthusiasm to continue collaborating closely with regulatory bodies to shape a secure and efficient money movement across the region. Reap is also committed to building a strong payment service.” stated Kevin Kang, Co-Founder of Reap.

Singapore is integral to Reap’s mission of enhancing global money movement. Its high regulatory standards and commitment to foster sustainable innovation align seamlessly with Reap’s vision for the future of payment services. This alignment empowers Reap to drive secure and efficient financial flows while delivering exceptional value to its clients and partners.

About Reap

Reap group is a leading global payment technology provider that enables financial connectivity and access for businesses worldwide. By bridging disparate economies, merging technological divides, and connecting key financial players, we are transforming the financial landscape into a more interconnected and interoperable space for efficient money movement.

With corporate cards, payout solutions, and expense management tools, we streamline financial operations and empower businesses to scale. Our APIs enable businesses to embed finance into their own products and services, from issuing Visa cards to facilitating cross-border payments.

Founded in 2018 in Hong Kong, Reap has since expanded to a team of over 100 across the globe, including Singapore. Reap is supported by a strong network of investors, including Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, and Payment Asia.

For media enquiries, please contact:

Christine Cheuk
Marketing & PR Manager, Reap
christine@reap.global

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SOURCE Reap

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