Press release
GPU Market Insights with statistics and Growth Prediction 2021 to 2024 | Cogeco Communications, PTC, ScaleMatrix, and S3 Graphics.
According to research report by Global Market Insights, Inc., GPU market will surpass USD 80 billion by 2024.When compared from the perspective of data processing a GPU appears to be like a mega truck which can take over much load in a single instance, while the CPU can be termed as a small pickup truck with lower capacity to carry only the small loads at a time.Introduction of self-learning technologies such as Artificial Intelligence (AI) and Virtual Reality (VR) will foster the high demand for graphics cards during the forecast period. VR applications necessitates a combination of extremely powerful GPUs and CPUs to minimize latency issues and provide better overall image quality.
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Top Key Players Are : Advanced Micro Devices (AMD), Dassault Systems, Autodesk, Google, IBM, Qualcomm, Intel, Microsoft, Siemens AG, NVIDIA, Nimbix, Amazon Web Services, Penguin Computing, Cogeco Communications, PTC, ScaleMatrix, and S3 Graphics.
Since their humble inception in early 1970s, video games have evolved from extremely simple interactions that utilized simple geometric shapes to full-blown extremely immersive cinematic experiences that captivate the senses. According to nonprofit organization Consumer Reports, the first video game to take advantage of the GPU technology was ‘Quake’ in 1996. Though the game ran smoothly by just depending on the computing capabilities of the CPU, handing over the graphics rendering responsibilities to the GPU transformed the game into a graphical experience that is still fondly remembered to date.
As for modern-day video games, it is no secret that they all require an extremely powerful graphics card just to be able to get past the loading screen. This highly GPU-dependent sector would thus be majorly propelling the global GPU market in the years to come. The video game industry’s growth is such that the now-infamous 2018 video game Red Dead Redemption 2, which was developed by Rockstar Studios, recoded sales worth an unprecedented $725 million within the first three days of its release. This achievement makes it the second-biggest entertainment launch in history, behind the equally infamous Rockstar Studio-developed video game Grand Theft Auto 5, which recorded $1 billion in sales within the first three days of its launch in 2013.
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The robust popularity of video games has led to GPU market players capitalizing extensively on the subsequent demand for gaming consoles. Indeed, the ESAC Report 2018 claims that around 80% of Canadians consider video games to be a mainstream entertainment. The Germany Trade & Invest Report (Issue 2016/2017) states that consoles were one of the biggest gaming platforms for the year, with a registered 15.6 million active gamers for the segment. The rising popularity of gaming will thus lead to GPU market garnering quite some returns from gaming console sales.
Table Of Content:
Chapter 6 GPU Market, By Deployment Model
6.1 Key trends, by deployment model
6.2 On-premise
6.2.1 On-premise market size
6.3 Cloud
6.3.1 Cloud market size
Chapter 7 GPU Market, By Application
7.1 Key trends, by application
7.2 Gaming
7.2.1 Gaming market size
7.2.1.1 Gaming market size, by component
7.2.1.2 Gaming market size, by GPU type
7.2.1.3 Gaming market size, by deployment model
7.3 Design & manufacturing
7.3.1 Design & manufacturing market size
7.3.1.1 Design & manufacturing market size, by component
7.3.1.2 Design & manufacturing market size, by GPU type
7.3.1.3 Design & manufacturing market size, by deployment model
7.4 Automotive
7.4.1 Automotive market size
7.4.1.1 Automotive market size, by component
7.4.1.2 Automotive market size, by GPU type
7.4.1.3 Automotive market size, by deployment model
7.5 Real estate
7.5.1 Real estate market size
7.5.1.1 Real estate market size, by component
7.5.1.2 Real estate market size, by GPU type
7.5.1.3 Real estate market size, by deployment model
7.6 Healthcare
7.6.1 Healthcare market size
7.6.1.1 Healthcare market size, by component
7.6.1.2 Healthcare market size, by GPU type
7.6.1.3 Healthcare market size, by deployment model
7.7 Others
7.7.1 Others market size
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/industry-analysis/gpu-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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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