The GMI Research foresees that the Graphic Processing Unit (GPU) Market will encounter an escalating demand over the forecast period. This is because of the ongoing modernisations in graphic-based , accelerating penetration of laptops and computers, and increasing incorporation of the internet of things.
Introduction of the Market
Graphic Processing Unit or visual processing unit refers to a computer chip to perform mathematical calculations faster to offer images. It is incorporated with hundreds of cores that tackle thousands of threads synchronously in contrast to CPUs, which constitutes of few cores with RAM restricting its potential to manage threads at the same time.
Key Players of Market:
- IBM
- NVIDIA
- Samsung
- Intel Corporation
- Advanced Micro Devices, Inc
- Qualcomm Technologies, Inc.
- Dassault Systems
- Sony Corporation
- Siemens
Graphic Processing Unit (GPU) Market Dynamics
The ongoing modernizations in graphical and increasing drift towards the internet of things (IoT), Augment Reality (AR), and Virtual reality (VR) are the driving factors supplementing the growth of the global graphic processing unit (GPU) market. Besides this, the aggravating endorsement of computers and laptops has made it possible to attain augmented or virtual reality and offer an enhanced experience to users. Also, the massive innovations in graphic technology, smartphones, and consumer electronics are further stimulating market growth. Moreover, the increasing emphasis of organizations to launch technologically improved GPU systems for AR and VR to simulate users’ experience is another factor proliferating the market growth. For instance, NVIDIA introduced the NVIDIA Pascal GPU offering novel levels of realism to virtual reality via its enhanced graphics performance. Thus, all these innovations have significantly promoted Graphic Processing Unit (GPU) Market Size.
Further, GPU helps enhance the internet of things and provides a more diverse IoT interface enabling a flawless experience across all sectors. Moreover, the growing application of GPU in IoT, such as 3D graphics and dynamic user interfaces to enable composite processing in another factor paving the way for market growth. As per the GPU Market share forecast, the innovations in hybrid and incorporated GPUs assist in attaining the ideal needs of IoT systems suitable for battery-oriented devices as they consume less energy. Thus, all these factors bolstered the market growth.
Type Segment Drivers
Depending on the type, the integrated segment is contemplated to witness faster growth over the coming years. The integrated GPUs are extensively implemented in compact electronic devices, such as wearables, tablets, laptops, and smartphones. In addition, enterprises are increasingly investing in various research & development activities to promote the modernization of integrated GPUs. For instance, AMD introduced its new Ryzen 4000 G-Series in 2020, incorporated with graphics for desktop PCs, offering two to three times expeditious graphical performance than its rival chips. Thus, these innovations have supplemented the Graphic Processing Unit (GPU) Market Share.
Graphic Processing Unit (GPU) Market Segmentation:
Segmentation by Type
- Dedicated
- Integrated
- Hybrid
Segmentation by Devices
- Computer
- Tablet
- Smartphones
- Console
- Television
- Others
Segmentation by Industry Vertical
- Electronics
- IT & Telecommunication
- Défense & Intelligence
- Media & Entertainment
- Others
Segmentation by Region:
- Europe
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
GMI, a leading market research and consulting organisation got featured in Silicon India Magazine, 2018, for their remarkable services. The organisation offers detailed reports to several small, medium, and large-scale enterprises to assist them frame strategic business. The large team of GMI Research organisation includes analysts and experienced researchers from different regions like Europe, Europe, and North America. Further, the comprehensive report provides a complete analysis about forecasts, competitive landscape, driving factors, challenges, and restrains to assist them take judicious decision.
