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Key Trends Reshaping the Graphic Card Market: Industry Outlook 2025-2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Graphic Card Market Size Growth Forecast: What to Expect by 2025?
There has been a significant expansion in the graphic card market size in the past few years. It is projected to rise from $44.01 billion in 2024 to $59.08 billion in 2025, boasting a compound annual growth rate (CAGR) of 34.2%. The burgeoning growth throughout the historic period can be tied to factors like burgeoning e-learning adoption, the emergence of social media marketing, business globalization, the freelance and gig economy's ascendancy, and the incorporation of artificial intelligence.
How Will the Graphic Card Market Size Evolve and Grow by 2029?
Predictions for the graphic card market forecast a dramatic surge in the coming years, with the value anticipated to reach $170.11 billion in 2029, marking a compound annual growth rate (CAGR) of 30.3%. Factors contributing to this growth expectation during the forecasted period include the incorporation of augmented reality (ar) and virtual reality (vr), compatibility across various platforms, the emergence of niche design specializations, subscription-focused business models, and a concentrated effort towards sustainable and eco-friendly practices. The forecasted period will also witness several key trends including heightened focus on user collaboration, a shift towards digital publishing, progress in design tool technologies, the advancement of digital media, and the practice of sustainable design.
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What Drivers Are Propelling the Growth of Graphic Card Market Forward?
The graphic card market is predicted to grow significantly due to the increasing popularity of video games. Video games are electronic games that engage users through a visual interface, producing visual feedback on devices like TV screens, computer monitors or handheld gadgets. Video games rely heavily on graphic cards to provide high-quality graphics, textures, and visual effects, thus enriching the gameplay experience. For example, the Entertainment Software Association, a video game trade association in the US, reported that in July 2023, consumer spending on video games in the US went up to $59.6 billion from $56.1 billion in 2022. Additionally, approximately 212.6 million Americans spend at least an hour playing video games every week. Hence, the upswing in video game popularity is contributing to the expansion of the graphic card market.
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What Trends Will Shape the Graphic Card Market Through 2029 and Beyond?
Prominent entities in the graphic card market are concentrating their resources on implementing cutting-edge technological solutions, including artificial intelligence and machine learning, with the development of next-gen gaming graphic cards being a key area of focus. These graphics cards represent the pinnacle of technological advancement in the gaming world, boasting high-resolution graphics and immersive gaming experiences. Such cards are ideally suited to managing complex visual effects, sophisticated textures, and real-time rendering, establishing their importance among avid gamers seeking optimal performance. A case in point was seen in May 2023 when American semiconductor corporation, Advanced Micro Devices, Inc., unveiled the Radeon RX 7600 graphics card. Created specifically for next-level gaming and 1080p streaming experiences, this graphics card incorporates artificial intelligence and machine learning technology, to enhance visual rendering during streaming and recording. The Radeon RX 7600 graphics card offers users an improved gaming experience with eye-catching visual attributes for streaming and content creation. It is designed around the Radeon DNA 3 (RDNA 3) architecture to ensure exceptional performance, crystal-clear visuals, and high power efficiency.
What Are the Key Segments in the Graphic Card Market?
The graphic card market covered in this report is segmented -
1) By Type: Dedicated, Integrated, Hybrid
2) By Device: Computer, Tablet, Smartphone, Gaming Console, Television, Other Devices
3) By Application: Gaming, Content Creation And Multimedia Reality, Virtual Reality(VR) And Augmented Reality (AR), AI And ML
4) By Industry: Electronics, IT And Telecommunication, Defense And Intelligence, Media And Entertainment, Other Industries
Subsegments:
1) By Dedicated Graphics: High-End Graphic Cards, Mid-Range Graphic Cards, Entry-Level Graphic Cards
2) By Integrated Graphics: Integrated Graphics For Desktops, Integrated Graphics For Laptops
3) By Hybrid Graphics: Hybrid Graphics For Gaming Laptops, Hybrid Graphics For Workstations
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Who Are the Key Players Shaping the Graphic Card Market's Competitive Landscape?
Major companies operating in the graphic card market report are Apple Inc., Samsung Electronics Co. Ltd., Hon Hai Precision Industry Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., Nvidia Corporation, Advanced Micro Devices Inc., ASUSTeK Computer Inc., Micro-Star International Co. Ltd., GIGA-BYTE Technology Co. Ltd., ASRock Inc., Guillemot Corporation, TUL Corporation, Leadtek Research Inc., Colorful Co. Ltd., PNY Technologies Inc., Matrox Graphics Inc., EVGA Corporation, Biostar Microtech International Corp., Palit Microsystems Ltd., VisionTek Products LLC, Sapphire Technology Limited, Zotac Technology Limited, Club 3D, InnoVISION Multimedia Limited, Gainward Co Ltd., Diamond Multimedia, XFX Inc., Albatron Technology Co. Ltd., STB Systems Inc.
What Geographic Markets Are Powering Growth in the Graphic Card Market?
North America was the largest region in the graphic card market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graphic card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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