Graphic Processing Unit Market Size, Share, growth, Trends and Forecast 2023 to 2032

Graphic Processing Unit Market [NEW REPORT 2023] offers a whole overview of the present-day market kingdom of affairs and affords a forecast until 2031. This report provides a balanced mix of qualitative and quantitative data that highlights imperative market developments, challenges, competition, employer analysis, and new probabilities and characteristics inner the Graphic Processing Unit Market . Ask for Sample Report

The Graphic Processing Unit (GPU) Market size is expected to reach $157.1 billion by 2022, growing at a CAGR of 35.6% during the period, 2016-2022. A graphics processing unit (GPU) is a dedicated electronic circuit designed to deploy and modify memory to accelerate the creation of images for display. The GPU industry enables intricate shapes, complex optical effects, and seamless motion to deliver enhanced images at a faster pace. The GPUs can simultaneously run several independent tasks of computation, enabling task-level parallelism. Their performance has increased at a faster pace predicted by Moore's law. The GPU industry meets the demands of increasingly complex visual effects in the games and entertainment applications. The improved performance and functionality of GPUs have made them potential coprocessors for general-purpose computation. The market is filled with research for use of GPU's vector processing and parallelism capabilities through developing new graphic design software and algorithms.

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The demand for the GPU market is expected to rise during the forecast period across the globe. It is due to constant changes in the graphic games, augmented reality (AR) &virtual reality (VR) gaining traction, and artificial intelligence (AI). However, inability of integrated GPU to facilitate intensive graphic designing software restrain the market growth. Moreover, markets, such as electronics &wearables and Internet of Things (IoT) market, create lucrative opportunities in the industry. The inability of integrated GPUs to perform high graphic computing and developing efficient hybrid GPUs are the challenges faced by the GPU market.

The demand for the GPU is expected to surge owing to heavy investments in the R&D of AI platforms and VR by several key players, including Intel Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., and others, leading to the improvement in reliability and efficiency. For instance, NVIDIA collaborated with Microsoft to accelerate AI framework, which is optimized to run on NVIDIA Tesla GPUs in November 2016.

The graphic processing unit market is segmented on the basis of type, device, industry vertical, and geography.

Based on type, the graphic processing unit market comprises of dedicated, integrated, and hybrid GPU. The integrated GPU consumes the highest share of owing to its applications in portable electronic devices, wearables, as well as PCs. The Dedicated GPUs find their applications to compute intensive graphic. However, companies conduct R&D through which they will be able to develop efficient and reliable integrated GPUs for high graphic processing.

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Furthermore, based on devices, the graphic processing unit market is categorized into computer, smartphone, tablet, gaming console, television, and others. By industry vertical, the market is segmented into electronics, IT & telecommunication, defense & intelligence, media & entertainment, and others. The electronics industry consumed the highest GPU market share owing to its growth in adoption and need of efficient graphic computing in 2015. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Augmented Reality (AR) and Virtual Reality (VR) Gaining Traction

It is now possible to achieving true virtual or augmented reality and create a compelling user experience owing to vast improvements in graphics technology. In addition, advancement in the related technology, such as smart phones and consumer electronics accelerate the market growth. VR and AR create an immersive experience, which allures to the computer and film industries, developers, and consumers. However, challenges to develop efficient GPU for VR and AR are entirely different than graphics intended for games, movies, or television. The audiovisual experience is fundamentally rooted in the human audio-visual system, and requires an entirely different approach.

With regard to the COVID-19 Outbreak Impact Analysis:

In mild of COVID-19, the file examined market trends.
On the foundation of the upstream and downstream markets, the find out about examined COVID-19's consequences on the manufacturing industry's furnish chain.
We look at how COVID-19 has affected numerous areas and great nations.
It is mentioned how COVID-19 will have an effect on the industry's future growth.
Examined in the find out about are:

Market behavior, risk, and chance levels
An evaluation of end-industry conduct and opportunity
A predicted timeline for enterprise recovery.
Each learn about is greater than a hundred pages lengthy and is jam-packed with graphs, tables, insightful text, and insurance of in-depth customized market reviews that supply indispensable market facts for the industry.

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Micro and microanalysis, the operational environment, regional dynamics, and market addressability, Regulatory and felony frameworks, Analysis of profitability and costs, Market segmentation analysis, market's modern-day advertising techniques, choicest technique, hole analysis, aggressive environment, main market participants, Benchmarking, Future market probabilities and trends: situation modeling

The massive technological advancements in GPU for AR and VR create a significant competition among companies. At present, several different companies develop VR solutions, to fundamentally redefine the way people experience computing.

The key players of the global GPU market adopt novel strategies to improve manufacturing techniques, and widen their product portfolio to gain a competitive edge over the other market players.

With regard to the COVID-19 Outbreak Impact Analysis:

In mild of COVID-19, the file examined market trends.
On the foundation of the upstream and downstream markets, the find out about examined COVID-19's consequences on the manufacturing industry's furnish chain.
We look at how COVID-19 has affected numerous areas and great nations.
It is mentioned how COVID-19 will have an effect on the industry's future growth.
Examined in the find out about are:

Market behavior, risk, and chance levels
An evaluation of end-industry conduct and opportunity
A predicted timeline for enterprise recovery.
Each learn about is greater than a hundred pages lengthy and is jam-packed with graphs, tables, insightful text, and insurance of in-depth customized market reviews that supply indispensable market facts for the industry.

Micro and microanalysis, the operational environment, regional dynamics, and market addressability, Regulatory and felony frameworks, Analysis of profitability and costs, Market segmentation analysis, market's modern-day advertising techniques, choicest technique, hole analysis, aggressive environment, main market participants, Benchmarking, Future market probabilities and trends: situation modeling

Key Benefits of the Graphic Processing Unit Market Report:

It offers a comprehensive analysis of the current and future trends in the global graphic processing unit market.
It provides a competitive scenario of the market and elucidates on the growth trends, drivers, scope, opportunities, and challenges.
It includes a comprehensive analysis of the key segments to provide insights on the market dynamics.
It incorporates the Porter's Five Forces Analysis to highlight the potential of buyers and suppliers as well as provides insights on the competitive structure.
It enlists positioning of the market player operating in the market.

Market Players in Value Chain of Gpu

Samsung Electronics Co., Ltd.
Qualcomm Incorporated
NVIDIA Corporation
Advanced Micro Devices, Inc.
Intel Corporation
Taiwan Semiconductor Manufacturing Company Ltd.
Fujitsu Ltd.
International Business Machines Corporation
ARM Holdings PLC
Imagination Technologies Ltd.
Sony Corporation
Apple Inc.
Broadcom Corporation
Silicon Integrated Systems Corporation

Graphic Processing Unit Market Key Segmentation

The market is segmented based on type, device, industry vertical, and geography.

By Type

Dedicated
Integrated
Hybrid

By Device

Computer
Tablet
Smartphone
Gaming Console
Television
Others

By Industry Vertical

Electronics
IT & Telecommunication
Defense & Intelligence
Media & Entertainment
Others

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By Geography

North America
U.S.
Canada
Mexico
Europe
France
Germany
Spain
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

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