Graphic Processing Unit (GPU) Market:
The GMI Research forecasts that the graphic processing unit market is witnessing an upsurge in demand during the forecast period. This is mainly due to the rising adoption of gaming laptops and computers, the growing popularity of the internet of things (IoT), traction in augmented reality, and virtual reality.
Top Manufacturers in the Graphic Processing Unit (GPU) Market:
- Intel Corporation
- Advanced Micro Devices, Inc
- Qualcomm Technologies, Inc.
- Dassault Systèmes
- Sony Corporation
Graphic Processing Unit (GPU) Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The rising adoption of gaming laptops and computers, growing popularity of the internet of things (IoT), traction in augmented reality (AR) and virtual reality (VR), and rapid advancements in graphics-based games, are some of the other factors boosting the growth of the global graphic processing unit (GPU) market size. It is now possible to achieve VR or AR and bringing a complete user experience owing to the wide improvements in graphics technology and technological advancements in consumer electronics and smartphones. Moreover, organizations are introducing technologically developed GPU systems for AR and VR, thereby bringing a fully immersive experience. For instance, NVIDIA introduced the NVIDIA Pascal gaming GPU, which gives a high level of realism to VR by its enhanced graphics performance. All these factors support the growth of the global graphic processing unit (GPU) market share in terms of revenue.
GPU is a prominent system that facilitates IoT and provides a seamless feature-rich IoT interface that allows ubiquitous user experience across various industries. The GPU is used in IoT, such as in dynamic 3D user interfaces and 3D graphics for user interface composite processing. Various developments in hybrid and integrated GPUs help to meet the specific requirements of IoT systems that are usually used in battery-operated devices and reduces power consumption. These factors will further propel the growth of the global graphic processing unit (GPU) market.
Based on the region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period. The governments are providing high investments for the introduction of strong graphic computing systems and IoT systems for defense & intelligence. For instance, in 2020, nine IoT labs were opened by seven operators to expand new IoT-based solutions. In addition to this, the emerging trend of social gaming and Massively Multiplayer Online (MMO) games is supporting the growth of the graphic processing unit (GPU) market in Asia-Pacific.
Graphic Processing Unit (GPU) Market Segmentation:
Segmentation by Type:
Segmentation by Devices:
- Gaming Console
Segmentation by Industry Vertical:
- IT & Telecommunication
- Defense & Intelligence
- Media & Entertainment
Segmentation by Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a leading market research company that offers market research reports for every industry. Our research teams have seasoned analysts and researchers and are always looking for industry-leading research techniques to create all-encompassing research reports. GMI Research’s extensive global network allows it to collect relevant information about the industry on a regional as well as country-level basis. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of sectors. We provide step-by-step assistance to our clients through strategic and consulting services to reach a managerial and actionable decision. Our market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, major factors impacting the market growth, and various market insights to aid companies to make strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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