Summary
- • The global GPU market size is projected to reach $103.6 billion by 2026.
- • NVIDIA held a 76.6% market share in the discrete GPU market in the first quarter of 2021.
- • AMD's GPU market share increased to 23.4% in the first quarter of 2021.
- • The global discrete GPU shipment market share for AMD was 19.2% in Q2 2021.
- • Intel captured 1.8% of the discrete GPU market share in Q2 2021.
- • The global gaming GPU market is forecasted to grow at a CAGR of 20.3% from 2020 to 2027.
- • China accounted for over 31% of the global GPU market in 2020.
- • The GPU market in APAC is expected to witness the highest growth rate during the forecast period.
- • The AI chip (GPU and FPGA) market is estimated to reach $91.18 billion by 2026.
- • The demand for GPUs in cryptocurrency mining has been a key driver for the market growth.
- • The global GPU virtualization market size is anticipated to reach $4.98 billion by 2025.
- • The automotive GPU market is projected to grow at a CAGR of 20% from 2021 to 2026.
- • Virtual reality (VR) and augmented reality (AR) applications are driving the demand for high-performance GPUs.
- • The GPU as a service market is expected to expand at a CAGR of 22.9% from 2020 to 2027.
- • The healthcare sector is increasingly utilizing GPUs for medical imaging and AI-driven diagnostics.
Buckle up, tech enthusiasts, because the GPU industry is showing no signs of slowing down! With the global GPU market projected to hit a staggering $103.6 billion by 2026, its clear that graphics card aficionados have a lot to look forward to. From NVIDIA dominating with a commendable 76.6% share in the discrete GPU market to AMD steadily gaining ground at 23.4%, the battle of the GPUs is heating up. And lets not forget the diverse applications driving this growth, from cryptocurrency mining to AI-driven diagnostics in healthcare. So grab your mouse and get ready to scroll through a pixel-perfect journey into the world of GPUs – its going to be a wild ride!
Emerging Market Opportunities
- The GPU as a service market is expected to expand at a CAGR of 22.9% from 2020 to 2027.
- The GPU-accelerated computing market is forecasted to grow at a CAGR of 28.3% from 2021 to 2026.
- The global discrete GPU market is expected to grow at a CAGR of 30.1% from 2021 to 2028.
- The demand for GPUs in cryptocurrency mining is expected to continue fueling market growth.
- The GPU market in Latin America is projected to expand at a CAGR of 29.8% through 2028.
- The GPU market for virtual data centers is expected to grow at a CAGR of 37% from 2021 to 2028.
Interpretation
In a world where the thirst for processing power knows no bounds, the GPU industry is set to soar to new heights at a speed that even its own processors might struggle to keep up with. With a CAGR that puts even the Energizer Bunny to shame, it seems that the demand for GPUs is not just growing, but accelerating faster than a Tesla on Ludicrous Mode. From powering virtual data centers to fueling the fiery world of cryptocurrency mining, these stats paint a picture where the humble GPU is no longer just a sidekick but a superstar in its own right, poised to take center stage in the tech world's grand performance. So buckle up, folks, because it seems like the only way for the GPU market is up, up, and away!
Industry Specific Markets
- The global GPU market size is projected to reach $103.6 billion by 2026.
- Intel captured 1.8% of the discrete GPU market share in Q2 2021.
- The global gaming GPU market is forecasted to grow at a CAGR of 20.3% from 2020 to 2027.
- The AI chip (GPU and FPGA) market is estimated to reach $91.18 billion by 2026.
- The demand for GPUs in cryptocurrency mining has been a key driver for the market growth.
- The global GPU virtualization market size is anticipated to reach $4.98 billion by 2025.
- The automotive GPU market is projected to grow at a CAGR of 20% from 2021 to 2026.
- The data center GPU market size is anticipated to exceed $7 billion by 2025.
- Gaming GPU shipments reached 15 million units in Q2 2021, up 38.74% year-over-year.
- The average selling price of GPUs increased by 22% year-over-year in Q2 2021.
- The global GPU market for AI applications is forecasted to reach $16.5 billion by 2026.
- The healthcare GPU market is expected to expand at a CAGR of 20.2% from 2021 to 2028.
- The global workstation GPU market size is projected to reach $5.69 billion by 2028.
- The market for GPUs in industrial automation and robotics is expected to witness significant growth.
- The academic sector's demand for GPUs for research and scientific computing is on the rise.
- GPU sales in the Asia-Pacific region are driven by the burgeoning gaming and entertainment industries.
- The global GPU market for virtual reality (VR) applications is forecasted to reach $12.1 billion by 2026.
- The global GPU market size is expected to reach $169.36 billion by 2028.
- NVIDIA's gaming revenue increased by 85% year-over-year in Q2 2021.
- The global GPU market for artificial intelligence applications is growing at a CAGR of 36.5%.
- The demand for GPUs in high-performance computing (HPC) is fueling market growth.
- Intel's discrete GPU shipments grew by 190% year-over-year in Q2 2021.
- The global GPU market for IoT applications is anticipated to reach $4.6 billion by 2026.
- AMD's revenue from graphics and computing solutions increased by 99% year-over-year in Q2 2021.
- The demand for GPUs in the aerospace and defense sector is driving market growth.
- The global GPU market for automotive infotainment systems is forecasted to reach $7.1 billion by 2026.
- The public cloud GPU market size is estimated to surpass $4 billion by 2028.
- The demand for GPUs in agriculture for crop monitoring and analysis is on the rise.
- The global GPU market for machine vision applications is projected to grow at a CAGR of 33.7%.
- The global GPU market for video editing software applications is set to exceed $9 billion by 2026.
- The rise of eSports and streaming platforms is boosting the demand for high-performance GPUs.
Interpretation
In a world where the GPU landscape is as dynamic as a high-speed gaming session, the statistics paint a picture of a market on the brink of explosive growth and innovation. With projections soaring higher than a virtual reality rollercoaster, it's clear that GPUs are not just for gamers anymore. From the pixelated realms of eSports to the high-stakes field of artificial intelligence, GPUs are powering the future with a force as strong as a cryptocurrency craze. As industries across the globe cling on to their GPUs like the last life in a video game, one thing is certain: the chip has hit the fan, and it's revolutionizing everything from healthcare to aerospace with the tenacity of a competitive gamer on caffeine. So level up, buckle in, and get ready for a ride – because in the world of GPUs, the only way is up, up, and away!
Market Share Trends
- NVIDIA held a 76.6% market share in the discrete GPU market in the first quarter of 2021.
- AMD's GPU market share increased to 23.4% in the first quarter of 2021.
- The global discrete GPU shipment market share for AMD was 19.2% in Q2 2021.
- The entry-level GPU segment accounted for 41.1% of the total GPU market in 2020.
Interpretation
In the cutthroat world of graphics processing units, NVIDIA continues to reign supreme like a tech-savvy overlord with a 76.6% market share in the discrete GPU realm, leaving AMD to play the role of plucky underdog clawing its way to a respectable 23.4%. As the battle for dominance rages on, with AMD's global discrete GPU shipment market share creeping up to 19.2% in Q2 2021, it's clear that the entry-level GPU segment stands as the great equalizer, commanding a hefty 41.1% of the total GPU market in 2020. In this high-stakes game of silicon supremacy, it's not just about power and performance – it's also about accessibility and affordability.
Regional Market Analysis
- China accounted for over 31% of the global GPU market in 2020.
- The GPU market in APAC is expected to witness the highest growth rate during the forecast period.
- The gaming GPU market in North America accounted for over 40% of the global market share in 2020.
- The GPU market in Europe is poised for substantial growth owing to increasing adoption in various sectors.
- The GPU market in the Middle East and Africa is witnessing a surge in demand due to rapid digitization efforts.
- The GPU market in Oceania is expected to witness significant growth due to increasing digitalization.
Interpretation
In the world of graphics processing units (GPUs), it seems like the global market has become a game of geographical tag. China is leading the charge, showcasing that it has more than just the Great Wall to boast about with over 31% market share. Meanwhile, APAC is gearing up for a growth spurt, poised to outpace others in the race for GPU dominance. Not to be outdone, North America is flexing its gaming muscles, claiming over 40% of the global market share. But let's not forget about Europe, which is gearing up for its own tech revolution, set to catapult its GPU market to new heights. And while the Middle East and Africa are also jumping on the digital bandwagon, Oceania is making waves of its own, ready to surf the digitalization wave to significant growth. So, buckle up fellow tech enthusiasts, the GPU world tour is just getting started!
Technological Applications
- Virtual reality (VR) and augmented reality (AR) applications are driving the demand for high-performance GPUs.
- The healthcare sector is increasingly utilizing GPUs for medical imaging and AI-driven diagnostics.
- The rise of cloud gaming platforms is boosting the deployment of GPUs in data centers.
- The use of GPUs in scientific research and simulations is expanding, driving demand for high-performance models.
- The adoption of GPUs for deep learning applications is fueling growth in the AI chip market.
- The demand for high-performance GPUs in the automotive sector is driven by advanced driver assistance systems (ADAS).
- The use of GPUs in supercomputing and high-performance computing (HPC) systems is growing rapidly.
- The demand for GPUs in cloud gaming services is driving innovations in streaming technology.
- The use of GPUs in data analytics and machine learning applications is propelling market growth.
- The increasing use of GPUs in weather forecasting and climate modeling is driving market expansion.
- The adoption of GPUs in 5G network infrastructure is accelerating the market growth in telecommunications.
- The adoption of GPUs in network security applications is increasing rapidly.
- The adoption of GPUs in smart infrastructure projects is driving market expansion.
Interpretation
The GPU industry is abuzz with activity as virtual reality, healthcare diagnostics, cloud gaming, scientific research, artificial intelligence, autonomous vehicles, supercomputing, streaming technology, data analytics, weather forecasting, 5G networks, network security, and smart infrastructure projects all clamor for these high-performance powerhouses. It seems GPUs are the unsung heroes of the tech world, tirelessly crunching numbers and rendering graphics to support a multitude of cutting-edge applications. Who knew these unassuming chips held the keys to such diverse and dynamic innovations? The next time you're enjoying a virtual reality game or analyzing climate data, just remember to thank your trusty GPU for making it all possible.
