Delvens published a new research publication on " Graphics Card Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Graphics Card market was mainly driven by the increasing R&D spending across the world.
The global Graphics Card market size was estimated at USD 65.2 billion in 2023 and is projected to reach USD 474.9 billion in 2030 at a CAGR of 32.80% during the forecast period 2023-2030.
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The graphics card market is an important part of the graphics processing of a computer, laptop or other computing devices. It provides the clock speed and refresh requirements needed to display and use programs needed in computer technology. It can be used for a variety of purposes, from military to everyday use requirements. The graphics card market is based on the graphics processor or GPU, which is one of the most important types of computing technology for personal and business use. Designed for parallel processing, GPUs are used in many applications, including graphics and video rendering.
In recent years, the graphics card market has grown significantly and steadily in various sectors. One of the main drivers of this growth is the growing demand in the gaming industry, fueled by the growing popularity of video games, e-sports and virtual reality. Gamers are constantly looking for better visual experiences, which has led to a greater need for high-performance graphics cards that can deliver realistic graphics and smooth gameplay. Additionally, the industrial sector has contributed greatly to the growth of the market by adopting graphics processing units (GPU) in applications such as artificial intelligence, machine learning and autonomous driving.
Regional Analysis
Asia-Pacific to Dominate the Market
The Asia-Pacific region dominated the global graphics processing unit (GPU) market and is expected to maintain its dominance in the forecast period. The region's growth can be attributed to significant government investments in developing high-performance computing systems for the defence and intelligence sector.
Additionally, the increasing adoption of Internet of Things (IoT) systems in various industries has led to a greater need for efficient graphic computing systems. The Asia-Pacific region's strong market presence is driven by these factors, showcasing its potential for further growth in the GPU market.
Competitive Landscape
· Siemens (Germany)
· Samsung Electronics Co., Ltd. (South Korea)
· Sony Corporation (Japan)
· Qualcomm Technologies, Inc. (US)
· NVIDIA Corporation (US)
· Dassault Systèmes (France)
· Intel Corporation (US)
· Google LLC (US)
· Advanced Micro Devices, Inc. (US)
· International Business Machines Corporation (US)
· Microsoft Corporation (US)
· Apple Inc. (US)
· Hewlett Packard Enterprise (US)
· Lenovo Group Limited (China)
· ASUSTek Computer Inc. (Taiwan) and More
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The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
Recent Developments:
· In August 2022, Intel introduced the Intel Data Center GPU Flex Series Arctic Sound-M. This powerful GPU is tailored for the Intelligent Visual Cloud, offering significant performance gains with 5x media transcode throughput and the ability to support up to 68 simultaneous cloud gaming streams.
· In March 2022, AMD announced the AMD Radeon PRO W6600X GPU for Mac Pro, based on the AMD RDNA 2 architecture and incorporating AMD Infinity Cache and other innovative technologies.
Key Findings:
The operational segment is further fragmented into integrated, hybrid and dedicated graphics. The integrated segment dominates the GPU market and is projected to maintain its leading position during the forecast period. This is due to the widespread use of integrated GPUs in portable electronic devices such as smartphones, tablets, laptops and laptops.
The device type segment is further bifurcated into computer, tablet, smartphone, television, gaming console. The smartphone segment held the largest share of the GPU market and this trend is expected to continue during the forecast period. This is due to the increasing demand for durable and energy-efficient GPUs in smartphones, which is driving the high growth of integrated GPUs.
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In addition to the market data for the Graphics Card Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
Frequently Asked Questions:
What are the years considered to study Graphics Card Market intelligence report?
The Graphics Card Market is studied from 2023-2030.
What is the compound annual growth rate (CAGR) of the Graphics Card Market?
The Graphics Card Market is growing at a CAGR of 32.80% during the forecast period.
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