Press release
Graphics Processing Unit (GPU) Market Size 2022 with 21.2% CAGR : Share, Recent Innovations & Technological Advancements in Report, Value Chain Analysis Till 2029
The Global Graphics Processing Unit (GPU) Market is forecast to reach above USD 200.78 billion by 2029 by rising at a compound annual growth rate (CAGR) of 21.2% throughout the forecast period from 2022 To 2029Graphics Processing Unit (GPU) Market Overview
The increasing demand for specialised processors that can handle difficult mathematical computations linked to 2D and 3D graphics is the main factor driving the global market for graphics processing units. Additionally driving the market's expansion is the growing use of processors to serve 3D applications and graphics applications across a number of different business verticals, including automotive, manufacturing, real estate, and healthcare. For instance, CAD and simulation software enable graphic processing units to produce lifelike graphics or animations, which promote manufacturing & design applications in the automotive industry.
The global Graphics Processing Unit (GPU) market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
n July 2021, AMD has launched a new graphics card called RX 6600XT, which comes as a successor to RX 5600XT. The new model will deliver better performance owing to 9.6 teraflops of RDNA 2 technology and 8GB of GDDR6 RAM. The entry-level GPU will be priced at $379 and will deliver flagship-level 1080p gaming.
In January 2021, Qualcomm Incorporated announced that its subsidiary, Qualcomm Technologies, Inc., has entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments. The transaction is subject to customary closing conditions.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Graphics Processing Unit (GPU) market manufacturers. The revenue created from the sales of Graphics Processing Unit (GPU) Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Advanced Micro Devices, Inc., Dassault Systèmes, Google LLC, Intel Corporation, International Business Machines Corporation, Nvidia Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Siemens, Sony Corporation and Others.
The Graphics Processing Unit (GPU) Market has been segmented as below:
Graphics Processing Unit Market By Platform, 2020-2029, (USD MILLIONS, Thousand Units)
Dedicated
Integrated
Hybrid
Graphics Processing Unit Market By Industry Vertical, 2020-2029, (USD Millions, Thousand Units)
Electronics
IT & Telecommunication
Défense & Intelligence
Media & Entertainment
Graphics Processing Unit Market By Industry Vertical, 2020-2029, (USD Millions, Thousand Units)
Computer
Tablet
Smartphone
Gaming Consoles
Television
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Graphics Processing Unit (GPU) Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Graphics Processing Unit (GPU) market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Graphics Processing Unit (GPU) Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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