Graphic Processing Unit Market, By Type (Dedicated, Integrated, and Hybrid), By Device (Computer, Tablet, Smartphone, Gaming Console, Television, and Others), By Industry Vertical (Electronics, IT & Telecommunication, Defense & Intelligence, Media & Entertainment, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The GPU is a vital component for accelerating applications that require intensive imaging functions, such as 3D and 4D rendering software, video editing software, and computer games. It’s a type of graphics adapter that can be either embedded in the CPU or contained within a separate electronic circuit, known as a discrete GPU. While a CPU (central processing unit) handles a wide range of general-purpose computing tasks, the GPU complements its architecture by performing a narrower range of more specialized mathematical calculations. A GPU is also capable of handling other complex tasks that require extensive calculations. These include displaying the desktop in the order it should appear on the screen, detecting the position of objects and their shadows, and using pixel shaders to apply various effects. The GPU can even decode high-definition video on its own, offloading the task from the CPU.
Market Dynamics:
The growing demand for GPU chips in automotive industry to facilitate CAD/CAM software is anticipated to boost growth of the global graphic processing unit market over the forecast period. The increasing popularity of self-driving cars is further projected to boost the demand for these processors in this industry.
The COVID-19 pandemic, which caused a major impact on the production and distribution of these processors and the lack of adequate transportation services also slowed down the supply chain for GPUs causing a shortage of this product and led to an increase in the price of these products. Such factor are further expected to hinder growth of the global graphic processing unit market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global graphic processing unit market, and provides market size (US$ Billion) and compound annual growth rate (34.3%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global graphic processing unit market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include IBM Corporation, Intel Corporation, NVIDIA Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, Advanced Micro Devices, Inc., Dassault Systems, Inc., Google, Inc., Siemens AG, and Sony Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global graphic processing unit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global graphic processing unit market
Detailed Segmentation:
Global Graphic Processing Unit Market, By Type
Dedicated
Integrated
Hybrid
Global Graphic Processing Unit Market, By Device
Computer
Tablet
Smartphone
Gaming Console
Television
Others
Global Graphic Processing Unit Market, By Industry Vertical
Electronics
IT & Telecommunication
Defense & Intelligence
Media & Entertainment
Others
Global Graphic Processing Unit Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
IBM Corporation
Intel Corporation
NVIDIA Corporation
Samsung Electronics Co., Ltd.
Qualcomm Incorporated
Advanced Micro Devices, Inc.
Dassault Systems, Inc.,
Google, Inc.
Siemens AG
Sony Corporation