Global Graphics Processing Unit (GPU) Market Growth 2023-2029

Global Graphics Processing Unit (GPU) Market Growth 2023-2029

According to our (LP Info Research) latest study, the global Graphics Processing Unit (GPU) market size was valued at US$ 30400 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Graphics Processing Unit (GPU) is forecast to a readjusted size of US$ 67300 million by 2029 with a CAGR of 12.0% during review period.

The research report highlights the growth potential of the global Graphics Processing Unit (GPU) market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Graphics Processing Unit (GPU) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Graphics Processing Unit (GPU). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Graphics Processing Unit (GPU) market.

GPU, also known as display core, visual processor and display chip, is mainly used as the computing core of graphics card to solve the problem of graphics rendering.

At the beginning of PC's birth, there was no concept of GPU, and all graphics calculation was done by CPU. However, the speed of using CPU to do graphics calculation is slow, so a special graphics accelerator card is designed to help with graphics calculation. Later, NVIDIA proposed the concept of GPU, which promoted the GPU to the status of a separate computing unit. CPU is generally composed of logic operation unit, control unit and storage unit. Although the CPU has multiple cores, the total number is not more than two digits, and each core has enough cache; the CPU has enough number and logical operation units, and has many hardware to accelerate branch judgment and even more complex logical judgment. Therefore, the CPU has super logical ability.

Compared with CPU, the advantage of GPU lies in multi-core, the number of cores is far more than that of CPU, which can reach hundreds, each core has relatively small cache, and digital logic operation unit is small and simple; while CPU generally only has 8 cores at most, which is generally used to process calculation data with more complex calculation amount. Therefore, GPU is more suitable for data parallel computing than CPU. When rendering graphics, a large number of 3D coordinates need to be converted into 2D coordinates, and the coordinates of each individual position must be calculated. Although the coordinate calculation is not complicated, the huge amount of data is not borne by CPU. If CPU is used to calculate, it will not only waste the huge computing power of ALU, but also its parallel data processing ability is not enough.

Global 5 largest manufacturers of Graphics Processing Unit (GPU) are Nvidia Corporation, Advanced Micro Devices (AMD), Intel Corporation, ARM Limited and Qualcomm, which make up over 80%. Among them, Nvidia Corporation is the leader with about 40% market share.

In terms of product types, Graphics Processing Unit (GPU) can be divided into two types: Independent GPU and Integrated GPU. Independent GPU occupies the largest share of the total market, more than 95%. In terms of product application, Graphics Processing Unit (GPU) is mainly used in Games and Entertainment, Data center, Professional visualization and Car. Games and Entertainment occupy the largest share of the total market, about 66%.

Key Features:

The report on Graphics Processing Unit (GPU) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Graphics Processing Unit (GPU) market. It may include historical data, market segmentation by Type (e.g., Discrete Graphics Processor, Integrated Graphics Processor), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Graphics Processing Unit (GPU) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Graphics Processing Unit (GPU) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Graphics Processing Unit (GPU) industry. This include advancements in Graphics Processing Unit (GPU) technology, Graphics Processing Unit (GPU) new entrants, Graphics Processing Unit (GPU) new investment, and other innovations that are shaping the future of Graphics Processing Unit (GPU).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Graphics Processing Unit (GPU) market. It includes factors influencing customer ' purchasing decisions, preferences for Graphics Processing Unit (GPU) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Graphics Processing Unit (GPU) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Graphics Processing Unit (GPU) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Graphics Processing Unit (GPU) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Graphics Processing Unit (GPU) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Graphics Processing Unit (GPU) market.

Market Segmentation:

Graphics Processing Unit (GPU) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Discrete Graphics Processor
Integrated Graphics Processor

Segmentation by application
Games and Entertainment
Data center
Professional visualization
Car
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nvidia Corporation
Advanced Micro Devices (AMD)
Intel Corporation
ARM Limited
Qualcomm
Apple
Imagination
Jing Jiawei
VeriSilicon
Tianshu Zhixin
Zhaoxin
moore thread
boarding technology
Innosilicon
Biren Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Graphics Processing Unit (GPU) market?

What factors are driving Graphics Processing Unit (GPU) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Graphics Processing Unit (GPU) market opportunities vary by end market size?

How does Graphics Processing Unit (GPU) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.