Graphic Processing Unit (GPU) Market is set to Boom by 2022

Graphic Processing Unit (GPU) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $157.1 billion by 2022, registering a CAGR of 35.6% during the period 2016-2022.

Request a Sample Report Copy@ https://www.alliedmarketresearch.com/request-sample/1799

Graphics processing units (GPUs) evolve rapidly to accelerate high performance for data parallel computing. Modern GPUs contain hundreds of processing units, capable of achieving high precision calculations. Constantly evolving graphic games, augmented reality (AR) and virtual reality (VR) gaining traction, and trending artificial intelligence (AI) are the factors that drive the growth of the market. However, incapability of integrated GPU to facilitate intensive graphic designing software restrain the market growth.

Integrated GPU accounted for the highest share, i.e., 51.5%, of the overall GPU market size in 2015, owing to its incorporation in portable electronic devices, such as smartphones, tablets, handheld gaming consoles, laptops, and many more. Hybrid GPU is expected to be the fastest growing segment in the GPU industry, owing to its ability to function as both, integrated and dedicated GPUs.

Smartphone segment consumes largest GPU market share followed by tablet and computers which include desktops, laptops, supercomputers, and workstations. Tablet segment is expected to foster a significant growth in GPU industry, with a growth rate of 38.0%, owing to its increase in sales during the forecast period.

GPU has its penetration in wide range of industries such as electronics, IT & telecommunication, defense & intelligence, media & entertainment, industrial, and healthcare. In 2015, GPU electronics industry segment held 50.6% market share in the overall GPU market size. The manufacturers of portable electronics and wearables are incorporating advanced graphic computing systems for applications such as VR & AR to maintain a competitive advantage. The IT & telecommunication is expected to grow at a faster pace, with a CAGR of 37.3%, due to the increased investment in developing GPU by players for applications, such as 3D visualization of geospatial data, base stations, and workstation.

The graphic processing unit market share of Asia-Pacific was highest in 2015, i.e., 47.3%. The region emerged as a prime region for GPU with a high growth rate, exhibiting an increased demand due to rapid rise in sales of tablets and smartphone.

Make Inquiry about this report@ https://www.alliedmarketresearch.com/checkout/729634

Key findings of the Graphic Processing Unit (GPU) Market Study
In 2015, integrated GPU accounted for the highest share of 51.5% in the overall market
Smartphones accounted for the largest GPU market share in 2015, and is expected to grow with CAGR of 37.1% during the forecast period
Electronics industry contributed over 50.6% of the overall market in 2015, and is expected to grow with a CAGR of 36.4% during the forecast period
LAMEA is expected to be the fastest growing GPU market, and is expected to grow at a CAGR of 39.6% during the forecast period
Several prominent players operating in the GPU market adopted partnership as their key strategies. Companies such as Qualcomm Incorporated, NVIDIA Corporation, Advanced Micro Devices, Inc., and Intel Corporation have introduced innovative and technologically advanced products to capture more market share. Prominent companies profiled in the report include Samsung Electronics Co., Ltd., Taiwan Semiconductor Manufacturing Company Ltd., Fujitsu Ltd., International Business Machines Corporation, ARM Holdings PLC, Imagination Technologies Ltd., and others.

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.