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Graphic Processing Unit (GPU) Market Competition by Suppliers, Market Dynamics, Market Trend and Forecasts 2027
Precedence Research has published a new report titled, "Graphic Processing Unit (GPU) Market (By Device: Tablet, Television, Computer, Gaming Console, Smartphone, and Others; By Type: Integrated, Dedicated, and Hybrid; By Industry Vertical: IT & Telecommunication, Electronics, Media & Entertainment, Defense & Intelligence, and Others) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027". According to the study, the global Graphic Processing Unit (GPU) market is expected to reach a market size of US$ 198.77 Billion by the end of 2027 and register a high revenue CAGR of 33.4% from 2020 to 2027.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, and the overall market environment.
Graphics Processing Unit (GPU) also referred as visual processing unit is mainly a computer chip that performs rapid mathematical calculations, with a purpose to display images. It is composed of hundreds of cores which handle thousands of threads concurrently as compare to the Central Processing Units (CPUs). CPU consists of few cores with cache memory that limits its capability to handle multiple threads instantaneously.
GPU are located on the plug-in cards, in a chipset mounted on the motherboard or in the same chip as CPU. The GPUs that are located in stand-alone cards contains their separate Random Access Memory (RAM): however, in a chipset they share main memory with CPU. GPU generally uses transistors for performing mathematical calculations related to the 3D graphics. GPUs are broadly used in portable electronic devices that include laptops, tablets, mobile phones, medical wearable equipment, and many others. Hybrid and integrated GPUs seeks constant development for replacing the dedicated GPUs in applications such as augmented reality & virtual reality systems, artificial intelligence, and supercomputers.
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Growth Factors
Increasing number of heavy graphic games contribute as the prime factor that drives the growth of the global GPU market. These heavy graphic games need high memory graphic cards, thus foster the marketgrowth for GPU. Rising adoption of portable computing devices that includes laptops, smartphones, and computers are also influencing the market growth. Increase in demand for animation based games for example FIFA & Need for Speed along with growth in adoption of virtual reality headsets anticipated to offer immense growth opportunities for the GPU market in the years to come. However, rise in mobile-based gaming platform and reducing demand for desktops expected to hinder the market growth.
Report Highlights
The Asia-Pacific dominates the global market attributed to the rising incorporation of IoT systems that demand efficient graphic computing systems
•Rest of the world anticipated to witnesses the highest growth rate in the upcoming years because of rise in disposable income, increasing purchasing capability of consumers
•The smartphone devices emerged as the dominating segment in the year 2019 and expected to maintain same trend over the forecast period due to significant demand of durable and less power consuming GPU
•The other devices segment anticipated to witness the highest growth during the upcoming years because of rising demand for small sized and efficient GPUs in other devices
•Based on type, the integrated GPU leads the global market because of wide application in portable electronic devices that include tablets, smartphones, laptops, wearable’s, and many others
•Hybrid GPUs predicted to register the highest growth over the analysis period as hybrid processors have capabilities of both dedicated and integrated GPU that flourishes its demand for graphics-intensive applications
•By industry vertical, IT & telecommunication holds prominent value share in the overall market owing to advent of new technologies such as IoT, Big Data, blockchain, AI, AR & VR, and many more.
Key Players:
The Graphic Processing Unit (GPU) market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.
Top Manufacturers in the Graphic Processing Unit (GPU) market are
- Intel Corporation
- IBM Corporation
- Samsung Electronics Co., Ltd.
- NVIDIA Corporation
- Siemens AG
- Advanced Micro Devices, Inc.
- Qualcomm Incorporated
- Google, Inc
- Dassault Systems, Inc.
- Sony Corporation
Market Segmentation
This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2016 to 2027. This report contains market breakdown and its revenue estimation by classifying it based on device, type, industry vertical, and region:
By Device
- Tablet
- Television
- Computer
- Gaming Console
- Smartphone
- Others
By Type
- Integrated
- Dedicated
- Hybrid
By Industry Vertical
- IT & Telecommunication
- Electronics
- Media & Entertainment
- Defense & Intelligence
- Others
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
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