About Graphic Processing Unit
The growing attraction towards games will help to boost the global Graphic Processing Unit market in the forecasted period. Graphic processing unit is also called a visual processing unit. it is primarily used for 3D applications. It is a single-chip processor that creates lighting effects and transforms objects every time a 3D scene is redrawn. These are mathematically-intensive tasks, which otherwise, would put quite a strain on the CPU.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 27.7% |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Graphic Processing Unit market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Electronics Co., Ltd. (South Korea), Qualcomm Incorporated (United States), NVIDIA Corporation (United States), Advanced Micro Devices, Inc.(United States), Intel Corporation (United States), Taiwan Semiconductor Manufacturing Company Ltd. (Taiwan), Fujitsu Ltd. (Japan), International Business Machines Corporation (United States), Sony Corporation (Japan) and Apple Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Broadcom Corporation (United States), Silicon Integrated Systems Corporation (Taiwan), ARM Holdings PLC (United Kingdom) and Imagination Technologies Ltd. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Graphic Processing Unit market by Type (Dedicated Graphic Cards, Integrated Graphics Solutions and Hybrid Cards), Application (Computer Aided Design and Flight Simulation) and Region.
On the basis of geography, the market of Graphic Processing Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Industry Vertical, the sub-segment i.e. Electronics will boost the Graphic Processing Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device, the sub-segment i.e. Computer will boost the Graphic Processing Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasingly Complex Visual Effects in the Games and Entertainment Applications and High Demand due to the use of Artificial Intelligence
Market Growth Drivers:
Growing Demand Constant Changes in the Graphic Games, Augmented Reality (AR) & Virtual Reality (VR) Gaining Traction and Rising Number of Heavy Graphic Games
Restraints:
The Inability of the Integrated GPU to Facilitate Intensive Graphic Designing Software
Opportunities:
Growing Demand due to Electronics & Wearables and Internet of Things (IoT) Market and Heavy Investments in the R&D of AI Platforms and VR
Market Leaders and their expansionary development strategies
In December 2023, Chipmaker Nvidia Corp. has revealed that it’s now shipping a hobbled version of its latest graphics processing unit for video gamers in China, after the U.S. government announced it was tightening its restrictions on the hardware it’s allowed to sell in that country.
Key Target Audience
Electronic Design Vendors, Original Technology Designers and Suppliers, Integrated Device Manufacturers (IDMs), End-Users/Enterprise-Users, Research Institutes and Organizations and Government Bodies, Venture Capitalists, and Private Equity Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.