Graphics Processing Unit (GPU) Market Research Reports Global Industry Size, Share, In Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis Forecast to 2030

The Graphics Processing Unit (GPU) Market size is expected to grow from US$ 41.23 billion in 2022 to US$ 395.52 billion by 2030; it is estimated to grow at a CAGR of 32.7% from 2022 to 2030.

GPUs are increasingly used in the cloud infrastructure to speed up an expansive range of applications, including ML and AI, analytics and data science, scientific computing, and graphics and media production. The increasing adoption of cloud computing makes it easy and affordable for businesses and individuals to access GPU resources.

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Analysis of the Top Market Players:

1. Intel Corp
2. NVIDIA Corp
3. Apple Inc
4. Qualcomm Inc
5. Samsung Electronics Co Ltd
6. SAPPHIRE Technology Ltd.
7. Advanced Micro Devices Inc
8. ASUSTek Computer Inc
9. Imagination Technologies Ltd
10. EVGA Corp

In this report, the market has been segmented on the basis of:

Type (Dedicated, Integrated, and Hybrid)
Application (Computer, Tablet, Smartphone, Gaming Console, Television, and Others), and Geography

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Furthermore, companies such as Nvidia explore their footprints in cloud computing, advanced medical imaging for cancer treatment, customer assistance that is automated, gaming of cinematic quality. AI, high-performance computing (HPC), and graphics skills are pushing the boundaries of what is feasible, and now that NVIDIA's GPU-accelerated solutions are accessible on all major cloud platforms, innovators anywhere may easily access huge amounts of power on demand.
Moreover, a number of companies, such as Nvidia, have a hybrid cloud computing strategy, combining on-premises and cloud-based resources. This allows them to scale their GPU resources up or down as needed. This factor would propel the graphics processing unit (GPU) market growth as many individuals use GPUs to expedite their work. This is making GPU computing more accessible than ever before. Thus, the increasing adoption of cloud computing is expected to become a major trend in the GPU market during the forecast period.

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