What are the Growth Drivers of GPU Market? IBM, Intel, Advanced Micro Devices, Advanced Micro Devices Inc, Autodesk, Amazon Web Services Inc, Cogeco Communications, Dassault Systems, Google, Microsoft Corporation, Nimbix, Nvidia Corporation

MarketStudyReport.com Adds New GPU Market 2018 – 2024 research report providing information and data By Component, By Deployment Model, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 315 Pages with table and figures in it.

GPU Market is projected to surpass 121,000 thousand units with a market value of over USD 80 billion by 2024. GPUs are highly optimized for data-parallel and throughput computing wherein more transistors are dedicated for computation and the overall architecture is tolerant of memory latency. They are specialized microprocessors that are primarily designed for quick & effective image rendering. Modern GPUs provide superior memory bandwidth, processing power, and efficiency over their CPU counterparts. GPUs enable a richer gaming experience for PC gaming where onboard graphics solutions cannot match the performance of dedicated graphics cards to deliver a rich video output along with excellent performance in terms of interactive input/output.

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In Europe, there is a high demand for GPUs from cryptocurrency miners. There has been a growing trend among miners to shift to Sweden and Norway to benefit from low temperatures and cheap hydro-electric energy to power-up and cool their high-performance servers. According to the Association for UK Interactive Entertainment (UKIE), as of June 2018, there are 2,261 active gaming companies in the country using a broad spectrum of gaming technologies including AR and AI to develop games suitable for mobiles, PCs, and consoles. The growing penetration of PC games in the region will supplement the adoption of GPUs over the forecast timeline.
Asia Pacific held the majority share of the GPU market in 2017 accounting for over 34% and is expected to maintain market dominance throughout the forecast period. The extensive penetration of PC games in countries including Japan, China, and South Korea is driving the massive uptake of dedicated GPUs in this region. The Japanese gaming market is the third largest in the world due to the continued success of several mobile gaming companies in the country. Japanese gamers spend more than players in any other country. The average spending per Japanese player is approximately 2.5 times higher than that in western Europe and nearly 1.5 times higher than that in North America.

From interactive model-based image registration and MRI connectivity mapping to medical imaging and image reconstruction, the healthcare industry is increasingly leveraging the extensive computational power of GPUs. Technological advancements are giving rise to a persistent expectation from healthcare providers to deliver advanced visualization capabilities. Also, the increasing emphasis on affordable care is exerting an increasing pressure to effectively manage costs across the entire medical imaging lifecycle.
The key factors driving the GPU market growth include the rising adoption of GPUs in the healthcare sector, rapidly evolving PC gaming landscape with the advent of interactive Virtual Reality (VR) games, and the growing popularity of GPUs for machine learning and neural network training applications. In applications involving machine learning and Big Data analytics, GPUs are highly efficient when compared with CPUs as they enable excellent multiple parallel processing. With 10-100x application throughput and thousands of computational cores compared to CPUs, GPUs are preferred by scientists and data analysts who require massive Big Data processing capabilities.

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Players operating in the GPU market are collaborating with technology service providers to integrate advanced technologies into their products. IBM, Intel, Advanced Micro Devices, Advanced Micro Devices Inc, Autodesk, Amazon Web Services Inc, Cogeco Communications, Dassault Systems, Google, Microsoft Corporation, Nimbix, Nvidia Corporation, Penguin Computing, PTC, Qualcomm Technologies, ScaleMatrix Holdings, Siemens AG, S3 Graphics and other chipmakers are investing significantly in R&D to offer better performing chips that can crunch huge data sets used in AI and machine learning applications such as image & voice recognition. As the demand for high power computing to represent complex graphical objects and animations increases, the uptake of advanced GPUs is likely to accelerate swiftly over the forecast timeline. Also, there has been an increasing trend among processor manufacturers to join forces with cloud service providers for offering GPUaaS services to their customers. Cloud-based GPU capabilities deliver excellent computational power to customers without the need for investing in dedicated hardware on their premises. Associated scalability and flexible pricing models offer cost-effective alternatives to users for leveraging the processing power of high-performance GPUs to their compute-intensive applications.

Table of content:

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Scope

1.3 Definitions

1.4 Methodology and forecast parameters

1.5 Data sources

1.5.1 Secondary

1.5.1.1 Paid sources

1.5.1.2 Public sources

1.5.2 Primary

Chapter 2 Executive Summary

2.1 GPU industry 360-degree synopsis, 2013 - 2024

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Component trends

2.1.4 Hardware trends

2.1.4.1 GPU type trends

2.1.4.2 Device trends

Chapter 3 GPU Industry Insights

3.1 Introduction

3.2 Industry segmentation

3.3 Industry landscape, 2013 - 2024

3.4 GPU ecosystem analysis

3.5 GPU architecture

3.6 GPU evolution

3.7 Technology & innovation landscape

3.8 Regulatory landscape

3.9 Industry impact forces

3.10 Factors influencing GPU market growth

Chapter 4 Competitive Landscape

4.1 Introduction

4.2 Major market players, 2017

4.2.1 NVIDIA

4.2.2 AMD

4.2.3 Intel

4.3 Other prominent vendors

Chapter 5 GPU Market, By Component

5.1 Key trends, by component

5.2 Hardware

5.3 Software

5.4 Service

Chapter 6 GPU Market, By Deployment Model

6.1 Key trends, by deployment model

6.2 On-premise

6.3 Cloud

Chapter 7 GPU Market, By Application

7.1 Key trends, by application

7.2 Gaming

7.3 Design & manufacturing

7.4 Automotive

7.5 Real-estate

7.6 Healthcare

7.7 Others

Chapter 8 GPU Market, By Region
Chapter 9 Company Profiles

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Related Report:

Global Microprocessor and GPU Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

The APAC region is expected to hold the largest share of the microprocessor and GPU market during the forecast period owing to the emergence of China and Taiwan as the major manufacturing destinations for most of the electronic products in these regions.

https://www.marketstudyreport.com/reports/global-microprocessor-and-gpu-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023

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