With the emergence and long-term Impact of COVID-19, the Global Graphics Processing Unit (GPU) Market is to reach USD XX Billion by 2028
Bizwit Research & Consulting LLP’s Recent Analysis on Global Graphics Processing Unit (GPU) Market is poised to raise up to USD XX Billion by 2028. A graphics processing unit is a programmable logic processor that is used to render images, animations, and videos as well as for general computing tasks in practically all computing devices shipped worldwide. The use of GPUs in personal computers, laptops, and upcoming applications such as AR/VR, high-performance computing, AI, ML, blockchain, cryptocurrency mining, autonomous driving, and navigation (vehicles, robotics) is further pushing the demand for GPU improvement. The global use of computing devices such as personal computers (PC) or laptops, as well as increased investment in the gaming sector, have been important factors driving the expansion of the studied market in recent years. Over the projected period, the growing need for high-end graphics and computing applications, as well as the advancement of technologies such as AI, as well as the trend of real-time analysis, is likely to primarily broaden the scope of GPU technology. Also, the huge expansion in cloud computing is expected to increase demand for servers, hence increasing demand for powerful GPUs.
Geographically, the global Graphics Processing Unit (GPU) Market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). The Asia-Pacific region dominated the worldwide graphics processing unit market and is expected to continue to do so over the forecast period. This is due to the government’s significant investment in developing high-performance graphic computing systems for defense and intelligence, as well as the rising inclusion of IoT systems, which necessitate efficient graphic computing systems. However, Latin America is predicted to rise rapidly in the next years due to a variety of factors such as rising disposable income, expanding customer purchasing capacities, and increased demand for smart TVs and smartwatches in the area.
The global Graphics Processing Unit (GPU) Market is highly competitive owing to the presence of several key manufacturers such as Intel Corporation, Advanced Micro Devices, Inc., Nvidia Corporation, Imagination Technologies Group, Samsung Electronics Co. Ltd, EVGA Corporation, and others.
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Global Graphics Processing Unit (GPU)Market Size study, by Type (Dedicated Graphic Cards, Integrated Graphics Solutions, Other Types), by Application (Mobile Devices, PCs and Workstations, Gaming Consoles, Servers, Other Applications) and Regional Forecasts 2022-2028
Key findings of the study suggest:
- Global Graphics Processing Unit (GPU) Market is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
- In the Application segment, mobile devices emerged as the leading market segment in 2021.
- Asia-Pacific is anticipated to drive regional growth owing to the growing development of AR, VR, and AI technologies.
- Latin America is expected to grow at a high CAGR followed by Asia-Pacific during 2022-2028.
Bizwit Research & Consulting has considered the following segments for the study:
- Dedicated Graphic Cards
- Integrated Graphics Solutions
- Other Types
- Mobile Devices
- PCs and Workstations
- Gaming Consoles
- Other Applications
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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