Press release
Graphic Processing Unit Market 2022 Segmentation and Regional Analysis by 2030
Graphic Processing Unit (GPU) Market size was valued at USD 33.47 Billion in 2021 and is projected to reach USD 477.37 Billion by 2030, growing at a CAGR of 33.3% from 2022 to 2030.Graphic Processing Unit (GPU) Market Definition
A Graphics Processing Unit (GPU) is a chip or electronic circuit able to render graphics for display on an electronic machine. The GPU was introduced to the broader market in 1999 and is famously known for its use in offering the smooth graphics that customers expect in modern videos and games. GPUs come in two primary types: integrated and discrete. An integrated GPU seems not to come on its own separate card at all and is rather embedded alongside the CPU. A discrete GPU is a distinct chip that is installed on its own circuit board and is typically attached to a PCI Express slot.
GPUs use transistors to execute mathematical calculations of 3D graphics. Modern GPUs include support for programmable shaders to manage vertices and textures, further improving high-precision color spaces while displaying 3D graphics. GPUs are used in fixed systems, mobile phones, personal computers, workstations, and game consoles. Modern GPUs are very also effective at manipulating computer graphics and image processing. Their highly parallel structure makes them more effective than general-purpose central processing units (CPUs) for algorithms that process large blocks of data in correspondence.
Graphic Processing Unit (GPU) Market Overview
The global graphics processing unit market is principally driven by the growing need for specialized processors that can manage complex mathematical calculations related to 2D and 3D graphics. The augmenting usage of processors to support graphics applications and 3D content in several industry verticals, including automotive, manufacturing, real estate, and healthcare is also boosting the market growth. For example, to encourage manufacturing & design applications in the automotive sector, CAD and simulation software support graphic processing units to generate photorealistic images or animations.
Besides, the growing adoption of portable computing devices such as laptops is also promoting the growth of the GPU market across the world. Moreover, the mounting number of complex graphic games is the major factor driving the growth of the market. These heavy application games need high memory graphic cards, hence driving the growth of the market. However, the growth of mobile-based gaming and the declining demand for desktops is expected to limit the growth of the GPU market across the globe. Moreover, the inadequacy of integrated GPU to enable intensive graphic designing software may hinder the market growth.
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Global Graphic Processing Unit Market: Major Players
NVidia Corporation
Broadcom Corporation
Qualcomm Inc.
ARM Holdings Plc
Freescale Semiconductor Inc.
Samsung Electronics Co. Ltd.
Advanced Micro Devices  Inc.
Texas Instruments Inc.
Intel Corporation
Global Graphic Processing Unit Market: By Types
Dedicated graphic cards
Integrated graphics solutions
Hybrid cards
Global Graphic Processing Unit Market: By Applications
Computer aided design
Flight Simulation
Global Graphic Processing Unit Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Graphic Processing Unit market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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