Graphics Processing Unit (GPU) Market Report: Trends, Forecast and Competitive Analysis to 2030

Graphics Processing Unit (GPU) Trends and Forecast

The future of the global graphics processing unit (GPU) market looks promising with opportunities in the electronic, IT & telecommunication, defense & intelligence, media & entertainment, and automotive markets. The global graphics processing unit (GPU) market is expected to reach an estimated $110.6 billion by 2030 with a CAGR of 22.5% from 2024 to 2030. The major drivers for this market are increasing demand for high-performance computing devices, growing trend of internet of things (IoT), and rising demand for advanced technologies like AR, VR, and AI.

A more than 150-page report is developed to help in your business decisions.

Graphics Processing Unit (GPU) by Segment

The study includes a forecast for the global graphics processing unit (GPU) by type, device, end use, and region.

Graphics Processing Unit (GPU) Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Dedicated
• Integrated
• Hybrid

Graphics Processing Unit (GPU) Market by Device [Shipment Analysis by Value from 2018 to 2030]:

• Computers
• Tablets
• Smartphones
• Gaming Consoles
• Televisions
• Others

Graphics Processing Unit (GPU) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Electronics
• IT & Telecommunication
• Defense & Intelligence
• Media & Entertainment
• Automotive
• Others

Graphics Processing Unit (GPU) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Graphics Processing Unit (GPU) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies graphics processing unit (GPU) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the graphics processing unit (GPU) companies profiled in this report include-

• IBM
• Intel
• NVIDIA
• Samsung Electronics
• Qualcomm
• Advanced Micro Devices
• Dassault Systems
• Google
• Siemens
• Sony

Graphics Processing Unit (GPU) Market Insights

Lucintel forecasts that integrated will remain the largest segment over the forecast period due to its usage in variety of applications in portable electronic devices, such as smartphones, tablets, wearables, and laptops.

Within this market, automotive is expected to witness the highest growth due to the widespread use of graphics processors in design and engineering applications.

APAC will remain the largest region over the forecast period due to the growing business of IOT systems and massive government investment in high graphic computing systems for the defense and intelligence sectors in the region.

Features of the Global Graphics Processing Unit (GPU) Market

Market Size Estimates: Graphics processing unit (GPU) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Graphics processing unit (GPU) market size by type, device, end use, and region in terms of value ($B).

Regional Analysis: Graphics processing unit (GPU) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, devices, end uses, and regions for the graphics processing unit (GPU) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the graphics processing unit (GPU) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the graphics processing unit (GPU) market size?

Answer: The global graphics processing unit (GPU) market is expected to reach an estimated $110.6 billion by 2030.

Q2. What is the growth forecast for graphics processing unit (GPU) market?

Answer: The global graphics processing unit (GPU) market is expected to grow with a CAGR of 22.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the graphics processing unit (GPU) market?

Answer: The major drivers for this market are increasing demand for high-performance computing devices, growing trend of internet of things (IoT), and rising demand for advanced technologies like AR, VR, and AI.

Q4. What are the major segments for graphics processing unit (GPU) market?

Answer: The future of the graphics processing unit (GPU) market looks promising with opportunities in the electronic, IT & telecommunication, defense & intelligence, media & entertainment, and automotive markets.

Q5. Who are the key graphics processing unit (GPU) market companies?

Answer: Some of the key graphics processing unit (GPU) companies are as follows.

• IBM
• Intel
• NVIDIA
• Samsung Electronics
• Qualcomm
• Advanced Micro Devices
• Dassault Systems
• Google
• Siemens
• Sony

Q6. Which graphics processing unit (GPU) market segment will be the largest in future?

Answer: Lucintel forecasts that integrated will remain the largest segment over the forecast period due to its usage in variety of applications in portable electronic devices, such as smartphones, tablets, wearables, and laptops.

Q7. In graphics processing unit (GPU) market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the growing business of IOT systems and massive government investment in high graphic computing systems for the defense and intelligence sectors in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the graphics processing unit (GPU) market by type (dedicated, integrated, and hybrid), device (computer, tablet, smartphone, gaming console, television, and others), end use (electronics, IT & telecommunication, defense & intelligence, media & entertainment, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?