The global graphic processing unit market is estimated to register a robust CAGR during the forecast period, between 2021 and 2028. A graphics processing unit (GPU) is a chip or electronic circuit able that aids in rendering graphics. Its role in providing smooth graphics in modern videos, game consoles, and games is spurring the demand for GPUs. GPU was introduced to the market in 1999. GPUs are classified into two categories, namely discrete and integrated. A discrete GPU is a distinct chip that is fitted on its own circuit board and is typically attached to a PCI Express slot.
GPUs use transistors to complete mathematical calculations of 3D graphics. The display of high-precision color spaces with programmable shader enhances visual quality in 3D graphics. Computer graphics and image processing are enhanced by modern GPUs. Their extremely parallel structure makes them more effective than general-purpose central processing units (CPUs) for algorithms that process large blocks of data in correspondence.
The report on graphic processing unit market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes | Details |
Report Title | Global Graphic Processing Unit Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018 & 2019 |
Forecast Period | 2021–2028 |
Segmentation | Types (Dedicated, Integrated, and Hybrid), Devices (Computer, Tablet, Smartphones, Gaming Console, and Television), Industry Verticals (Electronics, IT & Telecommunication, and Defense & Intelligence) |
Regional Scope | Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
Report Coverage | Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Key Players Covered in the Report | NVIDIA Corporation., Intel Corporation, Advanced Micro Devices, Inc, Imagination Technologies Limited., GIGA-BYTE Technology Co., Ltd., Qualcomm Technologies, Inc., IBM, SAMSUNG, Apple Inc., Toshiba Corporation, Sony Corporation, Broadcom., FUJITSU, Taiwan Semiconductor Manufacturing Company Limited, Arm Limited, Silicon Integrated Systems Corporation., VIA TECHNOLOGIES, INC., Vivante Corporation., Matrox, and ZOTAC. |
In the terms of types, the graphic processing unit can be divided into dedicated, integrated, and hybrid. The integrated segment is projected to hold significant market share as integrated GPUs find wide usage in portable electronic devices such as smartphones, tablets, wearables, and laptops. However, the hybrid segment is expected to expand at a high CAGR during the forecast period as hybrid processors have capacities of both integrated and dedicated GPU, which make them a favored choice among the software developers to intensify the potency of graphics-intensive applications.
Based on devices, the graphic processing unit can be segmented into computer, tablets, smartphones, gaming consoles, television, and others. The smartphones segment is anticipated to account for a substantial share due to augmented demand for strong and less power-consuming graphic processing units for smartphones. However, the others segment is estimated to expand at a high CAGR during the forecast period owing to increasing demand for effective and small-sized GPUs in other devices such as medical equipment, which can increase the graphic computing speed and quality.
On the basis of industry verticals, the graphic processing unit market can be divided into electronics, IT & telecommunication, and defense & intelligence. The electronics segment is estimated to grow at a significant pace in near future. Increased focus on the advancements of technologies by the major manufacturers and rising trend of augmented reality (AR) and virtual reality (VR) has emerged as the major growth for the market segment.
In terms of regions, the graphic processing unit can be classified as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia Pacific is estimated to grow at a significant pace in near future. The growth of the market region is attributed to huge investment from the government sector in creating high graphic computing systems for the defense & intelligence sector along with the increasing number of IoT systems, which require efficient graphic computing systems. Whereas, the market in Middle East & Africa is anticipated to expand a high growth rate during the forecast period owing to various factors such as an increase in disposable income, rising spending capabilities of customers, and a rise in demand for smart TV and smartwatches.
Key players in the graphic processing unit market are NVIDIA Corporation., Intel Corporation, Advanced Micro Devices, Inc, Imagination Technologies Limited., GIGA-BYTE Technology Co., Ltd., Qualcomm Technologies, Inc., IBM, SAMSUNG, Apple Inc., Toshiba Corporation, Sony Corporation, Broadcom., FUJITSU, Taiwan Semiconductor Manufacturing Company Limited, Arm Limited, Silicon Integrated Systems Corporation., VIA TECHNOLOGIES, INC., Vivante Corporation., Matrox, and ZOTAC. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Key players in the graphic processing unit market are NVIDIA Corporation., Intel Corporation, Advanced Micro Devices, Inc, Imagination Technologies Limited., GIGA-BYTE Technology Co., Ltd., Qualcomm Technologies, Inc., IBM, SAMSUNG, Apple Inc., Toshiba Corporation, Sony Corporation, Broadcom., FUJITSU, Taiwan Semiconductor Manufacturing Company Limited, Arm Limited, Silicon Integrated Systems Corporation., VIA TECHNOLOGIES, INC., Vivante Corporation., Matrox, and ZOTAC. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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