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What’s Driving the GPU Market Trends? | Key Companies are AMD, Autodesk, Amazon Web Services, Dassault Systèmes, Google, IBM, Intel Corporation, Microsoft, NVIDIA, PTC, Qualcomm, Siemens

06-27-2019 12:53 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

/ PR Agency: GPU Market
GPU Market

GPU Market

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.

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The accelerated adoption of AI & IoT technologies across a plethora of industrial sectors is expected to turn GPU market into an extremely lucrative investment ground over the forthcoming years. As IoT devices frequently collect massive amounts of data which need to be properly tracked & analyzed, high-end computing system demands have increased by quite an extent of late. This further drives the need for advanced GPUs, that are capable of facilitating the requisite support that is necessary for analyzing extensive & complex datasets in a rapid manner, fueling the overall growth of the global GPU market.

The major manufacturers covered in this report: -
1. AMD
2. Autodesk
3. Amazon Web Services
4. Cogeco Communications inc.
5. Dassault Systèmes
6. Google
7. IBM
8. Intel Corporation
9. Microsoft
10. Nimbix
12. Penguin Computing
13. PTC
14. Qualcomm
15. ScaleMatrix
16. Siemens
17. S3 Graphics

Some Points From Table of Content: -

Chapter 3 GPU Market 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
3.7.1 AI and machine learning
3.7.2 Virtual reality
3.7.3 IoT
3.7.4 Blockchain technology
3.7.5 Non-photorealistic rendering
3.8 Regulatory landscape
3.8.1 Gaming Regulation by SAPP, China
3.8.2 The Canadian Securities Administrators (CSA), Securities Laws Implications for Offerings of Tokens
3.8.3 PCI DSS
3.8.4 CSA Security, Trust & Assurance Registry (STAR)
3.8.5 Restriction of Hazardous Substances (RoHS)
3.8.6 Statement on Auditing Standards 70 (SAS)
3.8.7 ISO 14001
3.8.8 OHSAS 18001
3.8.9 BIS Amendments to the Export Administration Regulations 15 CFR, U.S.
3.8.10 People’s Bank of China (PBOC)
3.9 Industry impact forces
3.9.1 Industry impact forces
3.9.2 Growth drivers Growing popularity of VR in gaming applications Extensive use of integrated GPUs into portable electronic devices Growing trend of smartphone-based games Growing adoption for GPUs to support cloud-based analytics applications Increasing utility of GPUs in healthcare applications
3.9.3 Industry pitfalls and challenges Lack of technical expertise High cost of GPUs Challenges in verifying PCI-Express (PCIe) in complex SoCs

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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.

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.

GPU market contenders, in the years to come, are anticipated to capitalize on the untapped application avenues holding tremendous potential. According to a report by Global Market Insights, Inc., the overall GPU market valuation is projected to surpass $80 billion mark by 2024.

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Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

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