World-wide GPU market is predictable grow at a CAGR of over 30% during the next eight year and the industry is appreciated at over USD 12.7 billion in 2018 and market size was expected to touch over USD 103.60 billion by 2026.
The GPU market is required to observe a quickened development from 2018 to 2024 because of an expansion in the selection of GPUs for superior processing applications in sectors including real-estate, automotive, healthcare, and design & manufacturing. The healthcare part is relied upon to observe an expansion in the take-up of GPU solutions because of the rising need for real-time analytics for refining decision-making process.
Another factor driving business sector development is the expanding infiltration of cell phones, tablets, and consoles for gaming reason. As gaming applications are illustrations concentrated, they require propelled realistic processors to unravel complex network estimations and 3D image rendering. This will fuel the demand for GPUs to acquire high realistic rendering execution and to convey a charming background to clients. The rising prevalence of Virtual Reality (VR) in gaming will likewise drive the requirement for next-generation graphic processors to help figuring serious VR applications.
The cloud deployment segment is relied upon to develop at a CAGR of over 40% in the GPU market. The demand for cloud-based models will increment because of developing needs among associations to oversee immense datasets guaranteeing superior and decreased expenses. GPU-based cloud stages give high dependability and guarantee bring down support when contrasted with on-start GPU organization. An expansion in the take-up of cloud models will quicken the demand for GPUs in the cloud to deliver high performance.
The automotive GPU market will observer the most noteworthy development rate of over 35% from 2018 to 2024 because of an expansion in the utilization of GPUs to quicken plan and designing applications. As the business is concentrating on growing new vehicles with enhanced plan and usefulness, GPUs are broadly utilized in CAD/CAM programming to trigger the analysis of complex informational indexes and the use of questions to structure new models and examples. As the demand for this product will expand, the realistic handling unit (GPU) market is relied upon to observe a surge over the forecast time frame.
Market Deployment Model
Market By Geography
The Asia Pacific GPU market held a prevailing piece of the pie of over 30% in 2017. The demand for GPUs is relied upon to ascend in the region because of quick development of the gaming business in nations including China, Japan, and India. As indicated by the Netherlands Enterprise Agency Report, the gaming business in Japan is the third biggest on the planet and created an all-out income of around USD 12.5 billion out of 2017.
Some of the significant contributor in the global GPU industry are S3 Graphics, Advanced Micro Devices (AMD), Siemens AG, Autodesk, ScaleMatrix, Amazon Web Services, Qualcomm, Cogeco Communications, PTC, Dassault Systems, Penguin Computing, Google, Nimbix, IBM, NVIDIA, Intel, and Microsoft.