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Graphics Processing Unit (GPU) market Size 2022 at CAGR of 21.2 % with Business Strategies, By Industry Growth, and Forecast to 2029

11-21-2022 09:32 AM CET | IT, New Media & Software

Press release from: Exactitude Consultancy

Graphics Processing Unit (GPU) market Size 2022 at CAGR of 21.2 %

Growth of Graphics Processing Unit (GPU) market is scheduled to accelerate at a high CAGR of 21.2 % to reach above USD 200.78 billion by 2029.

Graphics Processing Unit (GPU) market Overview:

Qualitative analysis about Graphics Processing Unit (GPU) market status (2022 To 2029), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2019 to 2029), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analysed scientifically, the feature of product circulation and sales Distribution will be presented as well.The comprehensive Demand analysis of the Graphics Processing Unit (GPU) market will assist in managing better product differentiation, along with detailed understanding of the core capability of each activity involved. The Graphics Processing Unit (GPU) market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.

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CPUs have few cores with cached memory that limits their ability to process multiple threads simultaneously. The graphics processor can be on a plug-in card, motherboard chipset, or on the same chip as the CPU. A GPU on a standalone card contains its own RAM, but shares main memory with the chipset's CPU. The graphics processing unit uses transistors to perform mathematical calculations related to 3D graphics. GPUs are widely used in portable electronic devices such as tablets, laptops, medical wearables, and mobile phones. Integrated and hybrid GPUs are continuously being developed to replace dedicated GPUs in applications such as artificial intelligence platforms, virtual and augmented reality systems, and supercomputers.

Following are the major Companies of Graphics Processing Unit (GPU) market - 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.

Graphics Processing Unit (GPU) market Segmentation:
Based on the industrial chain, this report mainly indicates the definition, types, applications and major players of Graphics Processing Unit (GPU) market in details.

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:
Graphics Processing Unit (GPU) market research targets on volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market analysed on historical data and future growth Aspects. Geographically, Graphics Processing Unit (GPU) market report focuses on following key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.

Factors such as constant advancements in graphics-based games, traction in augmented reality (AR) and virtual reality (VR), trends in artificial intelligence (AI), and increasing adoption of gaming laptops and computers are driving market growth. is expected to promote For push GPU. Additionally, the flourishing portable electronics and wearables market and the rising popularity of the Internet of Things (IoT) are expected to drive the growth of the GPU market in the coming years. However, the inability of integrated GPUs to support intensive graphic design software is expected to hamper the market growth during the graphic processing unit market forecast period.

Growth Market Overview:
Digital transformation of Graphics Processing Unit (GPU) industry verticals requires broadband services, thereby promoting growth. For instance, increasing online commerce for retail goods and services, digitalization of hospital records, e-government initiatives, and rapidly rising platforms for media and entertainment content are notably augmenting the market growth. Wireless technology holds immense potential in accelerating the global digital revolution across verticals through productivity enhancements and cost-effectiveness.

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About Us

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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