GPU as a Service Market Leading Key Players: Advanced Micro Devices, Inc., Autodesk, Inc., Amazon Web Services (AWS), Cogeco Communications Inc., Dassault Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation

How will APAC graphics processing unit (GPU) market fare over 2018-2024?

Ever increasing demand for advanced graphics processing across several sectors is majorly driving the graphics processing unit (GPU) market trends. GPUs play a key role in running graphics intensive applications such as gaming, image processing, 3D visualization, VFX, animations and many more among others. These applications require massive calculations which cannot be done by the CPU alone.

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.

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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. According to research report by Global Market Insights, Inc., graphics processing unit (GPU) market size will surpass USD 80 billion by 2024.

Owing to major technological advancements, modern GPUs boast of superior processing power and memory bandwidth which enable parallel processing of intense data further improving the energy efficiency. The OEM-integrated onboard GPUs in the overall computer systems can nowhere match the performance of a dedicated GPU which sits in the special slot of the computers.

This arrangement provides an excellent opportunity to upgrade the graphics processing power of computers as per the application requirement. Furthermore, the increasing prevalence of GPU intensive technologies such as big data analytics and machine learning will accelerate the product adoption further boosting the industry outlook over the forecast timeline.

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What will foster healthcare application share over 2018-2024?

The healthcare industry has been readily leveraging the GPU computing resources with regards to image processing technologies such as MRI and other medical imaging which proves vital for proper medical diagnosis. Technological advancements in the medical treatments now highly rely on the advanced visualization capabilities aided by the power of GPUs. The incorporation of GPU intensive technologies has brought up affordable care solutions for the patients, thereby growing emphasis on reducing treatment cost has been fostered by the enhanced medical imaging provided by the GPUs.

What will augment the growth of cloud based deployment model in graphics processing unit (GPU) market over the forecast period?

Growing trend of delivering GPU computing through cloud based services will foster the penetration of cloud based deployment model. GPU manufactures are focusing to collaborate with cloud service providers for offering GPU as a service to the global customers. Cloud-based GPU enables capabilities of delivering excellent computational power to customers without the requirement of having the dedicated hardware in their computing systems.

The service providers permit to increase or decrease the GPU processing power by providing associated scalability and flexible pricing options, which should encourage positive outlook toward the adoption of cloud based GPUs.

How will Asia Pacific emerge as a major revenue pocket for graphics processing unit (GPU) market during the forecast period?

The Asia Pacific region has been experiencing extensive penetration of PC games in both the developed and developing economies including countries. The east Asian countries such as Japan, China, and South Korea, are a massive market for dedicated GPUs pertaining to the large existence of gaming companies in the region.

Japan especially, has been witnessing a key demand for GPU computing owing to higher spending power among the Japanese gamers. As per trustworthy reports, average spending of a Japanese gamer substantially outranks the regions of Western Europe and North America. Moreover, increasing proliferation of crypto currencies will also support the GPU demand, as the region has been highly involved in the process of crypto mining.

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

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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