General-purpose computing component revenues also soared. #pressrelease
September 18, 2024
According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, sales of GPUs and accelerators reached a record $54 billion in 2Q 2024. This growth was driven largely by high demand for GPUs and custom accelerators in the hyperscale cloud market.
Additional highlights from the 2Q 2024 Data Center IT Semiconductors and Components Quarterly Report:
The Server and Storage Systems Component market is forecast to increase by over 100 percent in 2024.
The Server CPU market is also experiencing a recovery, although growth has lagged that of other component categories.
NVIDIA led all vendors in component revenues, followed by Samsung and Intel. NVIDIA accounted for nearly half of the reported component revenues.
Strong growth for accelerators is expected to continue into 2025, as NVIDIA's Blackwell platform ships in volume. We also anticipate that custom accelerators and other vendors, such as AMD and Intel, will gain some market share in select segments.
Smart NIC and DPU revenues more than doubled in 2Q 2024, driven by strong deployment of network adapters in AI clusters.
Read the full press release here.
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