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Desktop PC Graphics Card Market is estimated to reach USD 121.54 Billion by 2029 : Cognitive Market Research

01-31-2023 12:53 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Cognitive Market Research

Desktop PC Graphics Card Market is estimated to reach USD 121.54 Billion by 2029 : Cognitive Market Research

Desktop PC Graphics Card Market is estimated to reach USD 121.54 Billion by 2029 : Cognitive Market Research

As per Cognitive Market Research analysis, Desktop PC Graphics Card market size is projected to grow from USD 12.79 billion in year 2021 to USD 121.54 billion by 2029 at a CAGR of 32.50% from 2022-2029.

Read Full Report with Table of Contents :
@-https://www.cognitivemarketresearch.com/desktop-pc-graphics-card-market-report

A graphics card, also known as a video card, is a piece of hardware in a desktop PC for rendering images and video on the computer's display. It has its own processor and memory that is dedicated to handling the complex calculations required to display images and video, and it connects to the computer's motherboard. The graphics card works in tandem with the CPU and the memory to provide a smooth visual experience on the computer. All computers have graphics hardware, the component located in the Graphics Processing unit of the PC, laptop, or other computing devices. The graphics processing unit inside a desktop is generally refer as a graphic card. Compare to laptop graphic cards, power efficiency of the desktop is much higher due to the more room for larger and more powerful graphics cards, better cooling systems, power supply etc.

Market Dynamics:
• Desktop graphics cards are generally more powerful than those found in laptops for several reasons, including the ability to handle more intense workloads, better cooling systems, more space for larger graphics cards, and greater flexibility for upgrades. Desktop computers are known for their exceptional power and are often chosen by those who prioritize performance over mobility, particularly in the realm of gaming where a gaming PC typically surpasses the performance of any gaming laptop. In addition, compare to laptops, desktops PC are often less expensive than high-end gaming laptops and offer better compatibility with gaming peripherals. Advancement in technology, increasing disposable income, and affordability of gaming equipment's are the primary factors driving the increasing gaming community worldwide. Moreover, the technology advancement such as VR and Simulation are more likely to have the power and processing, where desktop PC become more popular.

• Apart from gaming, increasing demand of desktop for video editing expected to drive the growth of the desktop PC graphics card market. Due to the growing popularity of various social platforms such as YouTube, Instagram etc., coupled with growing tourism industry, the demand of various equipment such as camera, gimble, editing software, desktops, laptops etc., in increasing consistently. Growing internet penetration and affordability of smartphones majorly drive the content creation and number of vloggers. For instance, the Influencer Marketing Industry is a billion-dollar industry, valued around USD 16.4 Billion and projected to grow at fast pace in coming years. This creates new opportunities for desktop PC graphics card market for video editing application.

Regional Analysis of Desktop PC Graphics Card Market:
• Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Asia Pacific dominated the market in 2021 and expected to be the fastest growing region due to the growing digitization in the region. In addition, Government is taking various initiatives in producing high graphic computing systems for defence & intelligence. In addition, presence of countries like Japan, which ranks third in the globe for digital gaming and a billion-dollar industry.

Top players involved in the Desktop PC Graphics Card market:
- Major players involved in the market including
• NVIDIA
• Intel
• Apple
• AMD (Advanced Micro Devices)
• HP Enterprises
• ASUS GPU
• Sapphire
• Gigabyte
• Zotac
• EVGA
• PowerVR.
- The market for desktop PC graphics card is highly consolidated due to the presence of major players such as NVIDIA, Intel has acquired a large market share.

Current Trends of Manufacturers:
• November 1, 2022
Hewlett Packard Enterprise introduced next-generation compute engineered for a hybrid world. The new HPE ProLiant Gen11 servers support a range of modern workloads, including AI, analytics, cloud-native applications, graphic-intensive applications, machine learning, Virtual Desktop Infrastructure (VDI), and virtualization.

• November 3, 2022
AMD unveiled new graphics cards built on the next-generation high-performance, energy-efficient AMD RDNA™ 3 architecture - the AMD Radeon™ RX 7900 XTX and Radeon RX 7900 XT graphics cards.

• December 29, 2022
Intel planning to re-enter in discrete GPU market with the latest models.

• January 5, 2023
ASUS announced the GeForce RTX™ 4080 Noctua Edition graphics card, a continuation of its collaboration with the legendary cooling company, building on the previous GeForce RTX 3070 and RTX 3080 Noctua variants.

Segment Analysis:
• On The Basis Of Type, the market is the global desktop PC graphics card market is classified into dedicated graphics card, integrated graphics solutions, hybrid solutions. The integrated graphic cards are built into the motherboard and use the computer's main memory for graphics processing. They are less powerful than dedicated graphics cards and are typically found in budget and mid-range PCs. Although, dedicated graphic cards are more powerful than integrated graphics cards and are typically found in high-end PCs and gaming PCs. Due to the low price compare to dedicated graphic card, integrated graphic cards is projected to be the promising segment in forecast period.

• Based On Application, the desktop PC graphics card market is divided into gaming, video editing, machine learning and ai, cryptocurrency mining and others. Gaming, video editing together holds major share due to the growing trend of content creation coupled with high disposable income. With rapid technology development and availability internet gaming application expected to be the fastest growing segment.

Related Report:
• Gaming Laptops and Desktops market - https://www.cognitivemarketresearch.com/gaming-laptops-and-desktops-market-report
• ASIC Chip Market - https://www.cognitivemarketresearch.com/asic-chip-market-report
• Desktop Monitors Market - https://www.cognitivemarketresearch.com/desktop-monitors-market-report
• Video Game Market - https://www.cognitivemarketresearch.com/video-game-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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