Major Force in the Graphics Processing Unit Market 2025: Rising Portable Computing Devices Adoption Fuels Growth In Graphics Processing Unit Market

How Will the Graphics Processing Unit Market Grow, and What Is the Projected Market Size?
The graphics processing unit (GPU) market will grow from $54.57 billion in 2024 to $72.51 billion in 2025, at a CAGR of 32.9%. Growth is attributed to data center expansion, the rise of cloud gaming, the growth of autonomous vehicles and ADAS, edge computing, and the rise of blockchain and cryptocurrency.

The graphics processing unit (GPU) market is projected to experience exponential growth, reaching $198.57 billion in 2029 at a CAGR of 28.6%. This growth will be driven by increasing demand in the gaming industry, multimedia content creation, the development of graphical user interfaces, advancements in display technologies, and the rise of cryptocurrency mining. Key trends include AI and machine learning integration, the expansion of edge computing and IoT, the adoption of GPUs in autonomous vehicles, progress in quantum computing, and the rollout of 5G networks.

What Key Elements Are Boosting Growth in the Graphics Processing Unit Market?
The increasing adoption of portable computing devices is expected to drive the growth of the graphics processing unit (GPU) market in the coming years. Portable computing devices are lightweight, mobile electronic gadgets designed for computing tasks on the go. GPUs are integrated into these devices to boost graphics performance and overall computing capabilities. For instance, in February 2023, Uswitch Limited, a UK-based price comparison service, reported 71.8 million mobile connections in the UK, representing a 3.8% increase over 2021. Additionally, it is projected that 95% of the UK's population (around 65 million people) will own a smartphone by 2025. This rise in the adoption of portable computing devices is expected to fuel the growth of the GPU market.

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Who Are the Major Industry Players Fueling Graphics Processing Unit Market Expansion?
Major companies operating in the graphics processing unit market report are Google LLC, Samsung Electronics Co.Ltd., Sony Corporation, Siemens AG, Intel Corporation, IBM Corporation, Qualcomm Incorporated, Broadcom Inc., Fujitsu Limited, Toshiba Corporation, NVIDIA Corporation, NEC Corporation, Advanced Micro Devices, Dassault Systèmes SE, Marvell Technology Inc., Realtek Semiconductor Corp., Arm Limited, Cirrus logic Inc., Verisilicon Inc., VIA Technologies Inc., ASPEED Technology Inc., Matrox Electronic Systems Ltd., Imagination Technologies Group, EVGA Corporation, Trident Microsystems Inc., 3DLabs Inc. Ltd., SAPPHIRE Technology Limited, 3dfx Interactive Inc., Rendition Inc., Oak Technology Inc.

Which Key Developments Are Influencing the Graphics Processing Unit Market?
Major companies in the graphics processing unit (GPU) market are focusing on advanced technologies, such as gaming graphics cards, to better serve their existing consumers. Gaming graphics cards are specialized hardware designed to deliver high-performance graphics for gaming applications. For example, in November 2022, Advanced Micro Devices Inc. (AMD), a US-based manufacturer of graphic cards and processors, launched the AMD Radeon RX 7900 XTX and Radeon RX 7900 XT graphics cards, which are based on the AMD RDNA 3 architecture. These cards are the first gaming GPUs to use an advanced AMD chiplet architecture, offering superior performance and energy efficiency. They support high-framerate 4K and higher resolution gaming, even in demanding titles. The GPUs provide up to 15% higher frequencies and 54% greater power efficiency. They feature a 5nm 306mm² Graphics Compute Die (GCD) with up to 96 compute units, and six 6nm Memory Cache Dies (MCDs), each with up to 16 MB of 2nd generation AMD Infinity Cache technology.

How Is the Segmentation of the Graphics Processing Unit Market Defined?
The graphics processing unit market covered in this report is segmented -

1) By Component: Hardware, Software, Service
2) By Deployment Type: On-Premises, Cloud
3) By Industry Vertical: Electronics, Information Technology And Telecommunication, Defense And Intelligence, Media And Entertainment, Automotive, Other Industry Verticals

Subsegments:
1) By Hardware: Dedicated GPUs, Integrated GPUs, GPU Chipsets
2) By Software: Driver Software, GPU Management Software, Rendering Software
3) By Service: GPU Cloud Services, Support And Maintenance Services, Consulting Services For GPU Deployment

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What Is the Leading Region in the Graphics Processing Unit Market?
Asia-Pacific was the largest region in the graphics processing unit market in 2024. LAMEA is expected to be the fastest-growing region in the forecast period. The regions covered in the graphics processing unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Graphics Processing Unit Global Market Report?

- Market Size Analysis: Analyze the Graphics Processing Unit Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Graphics Processing Unit Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Graphics Processing Unit Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Graphics Processing Unit Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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