How big is the Graphics Processing Unit Market?

The Graphics Processing Unit Market size is expected to reach USD 65.27 billion in 2024 and grow at a CAGR of 33.20% to reach USD 274.21 billion by 2029. Read More

What is the current Graphics Processing Unit Market size?

In 2024, the Graphics Processing Unit Market size is expected to reach USD 65.27 billion. Read More

Which is the fastest growing region in Graphics Processing Unit Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Graphics Processing Unit Market?

In 2024, the Asia Pacific accounts for the largest market share in Graphics Processing Unit Market. Read More

What years does this Graphics Processing Unit Market cover, and what was the market size in 2023?

In 2023, the Graphics Processing Unit Market size was estimated at USD 43.60 billion. The report covers the Graphics Processing Unit Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Graphics Processing Unit Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the future trends in the GPU market?

Future trends in the Graphics Processing Unit (GPU) Market are: a) Integration with AI and machine learning b) Focus on energy efficiency c) Cloud-based GPU offerings, and d) Advancements in 3D graphics and virtual reality Read More

Graphics Processing Unit (GPU) Market Report | Industry Analysis, Size & Forecast

Gpu Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Graphics Processing Unit (GPU) Market Report is Segmented by Type (Discrete GPUs, Integrated GPUs, and Hybrid GPUs), Applications (Mobile Devices, Pcs and Workstations, Servers/Data Centers, Automotive/Self-driving Vehicles, Gaming Consoles, and Other Applications) and Geography (North America, Europe, Asia-Pacific, Australia and New Zealand, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Graphics Processing Unit (GPU) Industry Overview

The graphics processing unit market is fragmented with the presence of major players like Intel Corporation, Advanced Micro Devices Inc., Nvidia Corporation, Imagination Technologies Group, and Samsung Electronics Co. Ltd. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

•In January 2024, NVIDIA announced the GeForce RTX 40 SUPER Series family of GPUs, including the GeForce RTX 4080 SUPER, GeForce RTX 4070 Ti SUPER, and GeForce RTX 4070 SUPER, which supercharges the latest games and forms the core of AI-powered PCs. This newest iteration of NVIDIA Ada Lovelace architecture-based GPUs delivers up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS to supercharge gaming and provide the power to develop new entertainment worlds and experiences.

•In November 2023, VMware Inc. announced a partnership with Intel Corporation to extend their innovation by enabling private AI across data centers, public clouds, or Edge environments to help customers accelerate the adoption of AI in data centers, public clouds, and edge environments. The combination of VMware Cloud Foundation and Intel’s AI software suite, Intel Xeon processors with built-in AI accelerators, and Intel Max Series GPUs will deliver a validated and benchmarked AI stack for data preparation, model training, fine-tuning and inferencing to accelerate scientific discovery and enrich business and consumer services.