Press release
Graphic Card Market to Surge to USD 269.6 B by 2030 at 33.8% CAGR
Global Graphic Card Market
According to Maximize Market Research, the global graphic card (GPU) market was valued at USD 35.12 billion in 2023 and is expected to skyrocket to USD 269.62 billion by 2030, growing at an astonishing CAGR of 33.8%. This surge is propelled by factors like AI/ML acceleration, immersive gaming, VR/AR adoption, and crypto mining demand
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◉ Market Drivers & Trends
AI & Data Center Growth: Data center GPU revenue, led almost entirely by Nvidia, is projected to rise from USD 37.9 B in 2023 to around USD 95.2 B by 2027-driven by explosive AI infrastructure adoption
Gaming & eSports: Growth in gaming GPUs is prolific-projected to reach USD 144.9 B by 2034 at a 38.7% CAGR-powered by ray tracing, DLSS, virtual reality, and intense competition
Integrated & Discrete GPU Demand: Discrete GPUs (60%+ of market) dominate high-performance segments, while integrated solutions lead mainstream usage; gaming remains the top application (~60%)
Chip Shortages & Supply Chains: After pandemic-driven shortages (2020-2023), major fabs like TSMC are expanding, helping stabilize supply
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◉ Competitive Landscape
Leading GPU players include Nvidia, Advanced Micro Devices (AMD), Intel, ASUS, MSI, Gigabyte, Zotac, EVGA, among others . Nvidia dominates AI/modeling workloads; AMD is gaining in servers and gaming; Intel is expanding into discrete GPUs.
◉ Regional Demand & Higher Demand Region
Region 2023 Share Key Trends
Asia-Pacific ~35% share; fastest growth China's GPU market grew to USD 10.08 B in 2024 (~30.8% CAGR). APAC benefits from semiconductor strengths in South Korea, Japan, Taiwan
North America 30-40% share Strong adoption in gaming, AI, and creative markets; home to key manufacturers .
Europe 25-30% share Stable demand in gaming, data centers, and automotive AI .
◉ Country-Level Insights
Opportunity Growth in Vietnam
Vietnam's growing PC gaming and local assembling industry are increasing demand for affordable discrete GPUs and integrated mobile chips.
Trends Growth in Thailand
Thailand's booming eSports scene and AR/VR content production are driving investment in mid-to-high-end gaming GPUs with ray tracing.
Consolidation Growth in Japan
Japanese tech firms partner with Nvidia, AMD, and Intel to co-develop GPU-accelerated solutions for AI, automotive, and entertainment sectors.
Updation Innovation in South Korea
South Korea leads in semiconductor production (Samsung) and demands advanced GPUs for AI, gaming consoles, and mobile devices.
Benchmarking Innovation in Singapore
Singapore is adopting powerful GPUs for finance, AI labs, and smart-city applications, backed by research partnerships.
Consolidation Trends in the United States
With heavy cloud & AI usage, U.S. GPU giants like Nvidia and AMD drive adoption across AI data centers, gaming, and professional visualization
Growth in China
China's GPU market (USD 10.08 B in 2024) is expanding rapidly-projected to maintain a ~30% CAGR-driven by gaming, AI, and automotive chip demand .
Opportunity & Compliance in Europe
European adoption is strong for green computing, immersive gaming, and enterprise AI, fueling compliance with sustainable manufacturing standards.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/graphic-card-market/198904/
◉ Graphic Card Market Segment Analysis
by Type
Dedicated Graphic Cards
Integrated Graphic Cards
by Connectivity
PCLe
External Graphic cards
by Application
Gaming
Content Creation & Multimedia Reality
Virtual Reality(VR) & Augmented Reality (AR)
AI & ML
◉ Mergers & Acquisitions Highlights
AMD's 2022 acquisition of Xilinx bolstered its portfolio with FPGAs, enhancing GPU capability
Ongoing ecosystem consolidation is shaping partnerships among GPU AIBs (e.g., ASUS, MSI) and component suppliers.
◉ Key Recent Developments
Nvidia's dominance: AI GPU revenues expected to grow from USD 100 B (2024) to USD 262 B by 2030 (90% market share)
AMD projections: CTO Lisa Su estimates the AI accelerator market to hit USD 500 B by 2028 and forecasts oneself as market challenger
Revenue tripling expected: GPU market to grow from USD 44 B in 2024 to USD 172 B by 2029 (~30.5% CAGR)
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◉Contact Maximize Market Research:
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Pune, Maharashtra 411041, India
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◉About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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