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Emerging Graphics Processing Unit Market Trends: Revolutionizing Gaming Technologies In Graphics Processing Units Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Graphics Processing Unit Market Size Growth Forecast: What to Expect by 2025?
The market size of the graphics processing unit has seen substantial expansion in recent years. It is projected to surge from $54.57 billion in 2024 to $72.51 billion in 2025, marking a compound annual growth rate (CAGR) of 32.9%. This significant growth during the historical period is linked to the expansion of data centers, the emergence of cloud gaming services, the development of autonomous vehicles and Advanced Driver-Assistance Systems (ADAS), the growth of edge computing and Internet of Things (IoT), as well as the rise of blockchain and cryptocurrency.
How Will the Graphics Processing Unit Market Size Evolve and Grow by 2029?
The market size of the graphics processing unit is predicted to undergo tremendous expansion in the coming years, reaching a valuation of $198.57 billion in 2029, with a compound annual growth rate (CAGR) of 28.6%. This surge during the forecast period is due to several factors including the expansive growth of the gaming industry, the rise of multimedia content creation, the emergence of graphical user interfaces, the advances in display technologies, and the growing popularity of cryptocurrency mining. Some themes prominent in the forecast period include the amalgamation of AI and machine learning, the rise of edge computing and IoT, the advent of autonomous vehicles, support for quantum computing, and the rollout of 5G networks.
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What Drivers Are Propelling the Growth of Graphics Processing Unit Market Forward?
The anticipated increase in the use of portable computing devices is predicted to fuel the expansion of the graphics processing unit market in the near future. Portable computing gadgets, which are compact, lightweight, and easily movable, are intended for computing tasks on the move. Graphic Processing Units (GPUs) are incorporated into these devices to boost the graphics performance as well as increase the overall computing capabilities. For instance, data from Uswitch Limited in February 2023, a UK price comparison and switching service company, showed an upwards trend with 71.8 million mobile connections in the UK, witnessing a 3.8% increase, an additional 2.6 million compared to 2021. In addition, by 2025, it is projected that 95% of the UK's 68.3 million population, equating to 65 million individuals, would be smartphone owners. Hence, the growing use of portable computing devices is predicted to stimulate the graphics processing unit market.
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Which Emerging Trends Are Transforming the Graphics Processing Unit Market in 2025?
Prominent corporations in the graphics processing unit industry are emphasizing on cutting-edge technologies, such as gaming graphics cards, to serve their current clients more efficiently. These gaming graphics cards are unique hardware crafted for delivering superior graphics for gaming uses. For example, in November 2022, Advanced Micro Devices Inc., an American graphic cards and computer processors manufacturing corporation, unveiled AMD Radeon RX 7900 XTX and Radeon RX 7900 XT graphics cards, powered by the AMD RDNA 3 design. These graphics cards are the first gaming graphics cards globally to use a complex AMD chiplet structure. They offer exceptional performance and energy efficiency, facilitating high-frame-rate 4K and higher resolution gaming, even in the toughest titles. It features the first gaming GPU with a chiplet design, producing up to 15% increased frequencies and up to 54% more power efficiency. It incorporates the new 5nm 306mm2 Graphics Compute Die (GCD), with up to 96 compute units and provides the primary GPU functions. It also includes six new 6 nm Memory Cache Die (MCD) at 37.5 mm2, each having up to 16 MB of the 2nd generation AMD Infinity Cache technology.
What Are the Key Segments in the Graphics Processing Unit Market?
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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Who Are the Key Players Shaping the Graphics Processing Unit Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth 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.
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