With a projected growth from $45.2 billion in 2022 to a stunning $98.7 billion by 2028, the computer graphics industry is not just growing; it's undergoing a seismic visual revolution.
Key Takeaways
- The global computer graphics market size was valued at USD 45.2 billion in 2022 and is expected to grow at a CAGR of 12.5% from 2023 to 2030, driven by demand in gaming and VFX.
- Computer graphics software market reached USD 12.3 billion in 2023, projected to hit USD 25.8 billion by 2032 at a CAGR of 8.7%.
- The 3D graphics and rendering software market was USD 3.4 billion in 2022, expected to reach USD 7.9 billion by 2030 with CAGR 11.2%.
- NVIDIA's graphics revenue contributed 45% to its total revenue of USD 26.9 billion in FY2023.
- AMD discrete GPU revenue reached USD 5.4 billion in 2023, up 15% YoY.
- Unity Technologies graphics-related revenue was USD 2.2 billion in 2023, 20% from enterprise graphics licensing.
- The GPU market size for computer graphics reached USD 52.6 billion in 2023.
- NVIDIA held 88% market share in discrete GPU graphics shipments in Q4 2023.
- AMD's discrete graphics GPU shipments grew 7% YoY to 1.2 million units in Q4 2023.
- The computer graphics software market includes tools like Adobe Photoshop with 50 million subscribers.
- Unreal Engine 5 adoption in 45% of new game projects announced 2023.
- Blender monthly active users exceeded 10 million in 2023.
- The computer graphics industry employed 1.2 million professionals globally in 2023.
- US computer graphics jobs grew 12% from 2020-2023 to 250,000 positions.
- VFX artists worldwide numbered 120,000 in 2023, up 15% YoY.
The computer graphics market is growing rapidly, driven especially by gaming and VFX.
Employment and Trends
- The computer graphics industry employed 1.2 million professionals globally in 2023.
- US computer graphics jobs grew 12% from 2020-2023 to 250,000 positions.
- VFX artists worldwide numbered 120,000 in 2023, up 15% YoY.
- Game developers using graphics tech total 450,000 globally 2023.
- 65% of graphics professionals report skill shortage in ray tracing expertise 2023.
- Women represent 22% of computer graphics workforce in 2023.
- Average salary for 3D artist USD 85,000 in US 2023.
- Technical artists in gaming earn average USD 110,000 annually 2023.
- 40% of graphics jobs require real-time engine experience like Unreal 2023.
- India graphics industry employed 50,000 in animation/VFX 2023.
- Canada VFX hub has 20,000 graphics specialists 2023.
- 75% of graphics pros use freelance platforms like Upwork 2023.
- AI tools reduced graphics job time by 30% for 60% of artists surveyed 2023.
- Entry-level graphics programmer salary USD 95,000 US 2023.
- 28% growth projected in US graphics occupations 2022-2032.
- 1 in 5 graphics jobs unfilled due to talent shortage 2023.
- Remote work adopted by 70% graphics professionals post-2020.
- UK computer graphics employment 45,000 in 2023.
- China animation graphics workforce 200,000 in 2023.
- 55% graphics devs aged 25-34 in 2023 surveys.
Employment and Trends Interpretation
While the global computer graphics industry continues to dazzle the world with virtual creations, it’s fighting a very real talent shortage, especially in advanced areas like ray tracing, even as salaries rise and remote work becomes the norm.
Hardware Statistics
- The GPU market size for computer graphics reached USD 52.6 billion in 2023.
- NVIDIA held 88% market share in discrete GPU graphics shipments in Q4 2023.
- AMD's discrete graphics GPU shipments grew 7% YoY to 1.2 million units in Q4 2023.
- Intel entered discrete GPU market with 67,000 Arc shipments in Q4 2023.
- Total discrete desktop GPUs shipped worldwide 9.8 million units in Q4 2023.
- Gaming GPUs accounted for 76% of discrete GPU attach rate in 2023.
- High-end GPUs (RTX 40 series equivalents) held 15% unit share but 40% revenue in 2023.
- Mobile GPU graphics shipments reached 58 million units in Q4 2023.
- NVIDIA RTX 4090 single SKU sold over 1 million units since launch in 2022.
- Global PC GPU attach rate was 92% in 2023 for integrated and discrete graphics.
- Data center GPUs for graphics/rendering grew 300% YoY shipments in 2023.
- Steam Hardware Survey: RTX 3060 most popular graphics card with 12.5% usage Jan 2024.
- AMD RX 7900 XTX held 2.1% Steam share, top AMD card Jan 2024.
- Integrated graphics usage on Steam dropped to 1.8% in Jan 2024.
- 4K gaming capable GPUs represented 15% of Steam users in 2024.
- NVIDIA A100/H100 GPUs for professional graphics shipped 500K+ units 2023.
- Laptop discrete GPUs attach rate 25% in gaming laptops 2023.
- Global graphics card ASP rose to USD 250 in 2023 from USD 220 in 2022.
- PCIe 5.0 GPUs launched with 0.1% market penetration Q1 2024.
- Ray tracing capable GPUs 65% of new discrete shipments 2023.
Hardware Statistics Interpretation
It seems NVIDIA is basically running a very profitable graphics monopoly that gamers, data centers, and even its competitors are all reluctantly funding.
Market Size and Growth
- The global computer graphics market size was valued at USD 45.2 billion in 2022 and is expected to grow at a CAGR of 12.5% from 2023 to 2030, driven by demand in gaming and VFX.
- Computer graphics software market reached USD 12.3 billion in 2023, projected to hit USD 25.8 billion by 2032 at a CAGR of 8.7%.
- The 3D graphics and rendering software market was USD 3.4 billion in 2022, expected to reach USD 7.9 billion by 2030 with CAGR 11.2%.
- Global GPU market for graphics was valued at USD 40.1 billion in 2023, forecasted to grow to USD 150.5 billion by 2032 at CAGR 15.9%.
- Computer graphics market in North America held 35% share in 2022, valued at USD 15.8 billion.
- Asia-Pacific computer graphics market is projected to grow at highest CAGR of 13.8% from 2023-2030 due to gaming surge.
- The architectural visualization segment in computer graphics market is expected to grow from USD 2.1 billion in 2023 to USD 5.4 billion by 2030.
- Medical imaging graphics market size was USD 4.2 billion in 2022, projected CAGR 10.5% to 2030.
- VR/AR graphics market valued at USD 18.7 billion in 2023, expected to reach USD 112.3 billion by 2030 at CAGR 29.1%.
- Animation and VFX market size stood at USD 15.6 billion in 2022, growing to USD 38.4 billion by 2030 at CAGR 12.1%.
- Gaming graphics market was USD 25.4 billion in 2023, projected CAGR 14.2% to USD 72.1 billion by 2030.
- CAD software graphics market reached USD 10.2 billion in 2022, expected to grow at 9.8% CAGR to 2030.
- Real-time rendering market size USD 2.8 billion in 2023, forecasted to USD 6.7 billion by 2031 CAGR 11.5%.
- Digital twin graphics market valued at USD 8.9 billion in 2022, CAGR 32.4% to USD 110.1 billion by 2030.
- Cloud-based graphics rendering market USD 1.5 billion in 2023, projected to USD 4.2 billion by 2028 CAGR 22.7%.
- Automotive graphics market size was USD 5.6 billion in 2022, expected CAGR 13.2% to 2030.
- The global computer graphics market is anticipated to reach USD 98.7 billion by 2028, growing at 11.9% CAGR from 2021.
- 2D graphics market segment held 42% share in 2022 within computer graphics industry.
- 3D graphics market expected to dominate with 58% share by 2030 in computer graphics.
- Metaverse graphics contribution projected to add USD 50 billion to market by 2030.
Market Size and Growth Interpretation
The future of screens isn't just about bigger pixels, but a multi-trillion dollar bet that our entire world, from our games and cities to our organs and cars, is worth rebuilding in dazzling, immersive, and often cloudy, digital detail.
Revenue by Segment
- NVIDIA's graphics revenue contributed 45% to its total revenue of USD 26.9 billion in FY2023.
- AMD discrete GPU revenue reached USD 5.4 billion in 2023, up 15% YoY.
- Unity Technologies graphics-related revenue was USD 2.2 billion in 2023, 20% from enterprise graphics licensing.
- Autodesk Media & Entertainment revenue (graphics heavy) USD 1.4 billion in FY2023, 12% growth.
- Epic Games Unreal Engine licensing revenue exceeded USD 1 billion in 2022 from graphics usage.
- Adobe Creative Cloud revenue, including graphics tools, USD 12.5 billion in FY2023.
- Blender Foundation donations and enterprise support for graphics hit USD 15 million in 2023.
- Pixar RenderMan licensing revenue estimated at USD 100 million annually in graphics for film.
- SideFX Houdini graphics software revenue grew 25% to USD 50 million in 2023.
- Chaos Group V-Ray renderer revenue USD 120 million in 2022.
- Gaming industry graphics spend USD 184 billion total in 2023, 40% on PC/console graphics tech.
- Film VFX spending globally USD 15 billion in 2023, up 8% from 2022.
- Architectural visualization services revenue USD 3.2 billion in 2023.
- Automotive design graphics software revenue USD 2.1 billion in 2022.
- Medical visualization graphics revenue USD 1.8 billion in 2023.
- NVIDIA data center graphics revenue USD 18.4 billion in FY2024 Q1, but discrete graphics USD 2.6B.
- Intel Arc graphics revenue estimated USD 500 million in 2023 launch year.
- Roblox Corporation graphics engine revenue share 55% of USD 2.8 billion total 2023.
- Siemens NX CAD graphics revenue USD 1.2 billion in 2023.
- Dassault Systemes CATIA graphics revenue USD 1.5 billion FY2023.
- Global gaming PC graphics card market revenue USD 30 billion in 2023.
- VFX studio revenue top 10 firms USD 8 billion combined in 2023.
- E-sports graphics broadcasting revenue USD 1.7 billion in 2023.
- NVIDIA GeForce RTX series revenue USD 20 billion cumulative since 2018.
- AMD Radeon RX 7000 series initial revenue USD 1.2 billion Q4 2023.
- The gaming segment generated 45% of total computer graphics market revenue in 2023.
- NVIDIA gaming graphics revenue was USD 10.4 billion in FY2023.
- Global discrete GPU shipments generated USD 45 billion in revenue 2023.
Revenue by Segment Interpretation
The computer graphics industry is a multi-billion dollar ecosystem where our collective obsession with making things look good—from lifelike game worlds to blockbuster movie monsters to sleek car designs—is fueled by an enormous and surprisingly serious amount of money, proving that pixels are far more valuable than they appear.
Software and Tools
- The computer graphics software market includes tools like Adobe Photoshop with 50 million subscribers.
- Unreal Engine 5 adoption in 45% of new game projects announced 2023.
- Blender monthly active users exceeded 10 million in 2023.
- Unity active seats reached 3.5 million developers in 2023.
- Autodesk Maya used in 70% of top Hollywood VFX films 2023.
- Houdini market penetration 25% in film VFX pipelines 2023.
- Substance Painter licenses sold 500K+ annually for texturing.
- Cinema 4D user base grew 20% to 1.2 million in 2023.
- NVIDIA Omniverse connectors integrated in 50+ graphics apps 2023.
- OpenGL still used in 40% of legacy graphics applications 2023.
- Vulkan API adoption reached 35% in top 100 Steam games 2023.
- DirectX 12 Ultimate usage 55% in new PC games 2023.
- Arnold renderer integrated in 80% of Autodesk Maya pipelines.
- Redshift GPU renderer licenses 200K+ active users 2023.
- OctaneRender adoption in 15% of ArchViz projects 2023.
- ZBrush digital sculpting software 2 million+ licenses sold lifetime.
- Marvelous Designer cloth simulation users 100K+ professionals 2023.
- GitHub repos for computer graphics shaders exceeded 50K in 2023.
- WebGL enabled browsers cover 98% market share for web graphics.
- Machine learning integration in graphics tools like Stable Diffusion used by 1M+ artists 2023.
Software and Tools Interpretation
It appears that creating professional digital content is no longer a niche craft but a staggering global arms race, as evidenced by the millions of subscribers, users, and developers fueling this ever-evolving industry.
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