Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Graphic Processor Market Size is Expected to Grow from USD 67.1 Billion in 2023 to USD 777.1 Billion by 2033, at a CAGR of 27.75% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Graphic Processor Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware and Software), By Type (Integrated and Hybrid), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The graphic processor market is the global industry focused on the design, development, and commercialization of graphic processing units, which are specialized hardware designed to accelerate the rendering of images, videos, and animations. These processors are critical components in computing devices, such as personal computers, gaming consoles, mobile devices, and professional workstations, enabling high-performance graphics rendering and parallel computing tasks. The GPU has advanced significantly, extending its use from traditional graphics applications to artificial intelligence, machine learning, and cryptocurrency mining. The growth of the graphic processor Market is mainly due to the requirement for the increased use of high-performance computing in applications that involve gaming, video editing, and virtual reality. The rapid acceleration of GPUs in data centers and their usage in AI-driven applications also supplemented market growth. Increasing occurrences in eSports as well as advanced technologies in gaming altogether enhance the prospect of the market. However, the high cost of advanced GPU technology and supply chain disruptions, mainly for semiconductor components, pose some challenges to the market.
The hardware segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the components, the graphic processor market is classified into hardware and software. Among these, the hardware segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This segment is projected to continue its significant growth during the forecast period, driven by the increasing demand for high-performance GPUs in applications such as gaming, artificial intelligence, and data centers.
The integrated segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the type, the graphic processor market is divided into integrated and hybrid. Among these, the integrated segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Driven by the increasing demand for cost-effective and energy-efficient solutions in consumer electronics and mobile devices. Integrated graphics are embedded within the central processing unit (CPU), offering sufficient performance for everyday tasks and light gaming, thereby reducing overall system costs and power consumption.
Asia-Pacific is estimated to hold the largest graphic processor market share over the forecast period.
Asia-Pacific is estimated to hold the largest graphic processor market share over the forecast period. The explosive growth of the gaming market in the Asia Pacific indeed provides a significant boost to market growth. Being one of the hotspots for game development and consumption, the region hosts an enormous audience that demands a visually striking and immersive gaming experience. This makes the GPU very crucial in ensuring that developers create cutting-edge games that meet the demands of the discerning gaming community. Furthermore, the focus on emerging technologies such as artificial intelligence, robotics, and autonomous vehicles in the Asia Pacific region increases the demand for GPUs.
North America is predicted to have the fastest CAGR growth in the graphic processor market over the forecast period. The thriving technology and entertainment industries are primarily driving the market of GPUs in North America. With major tech hubs and entertainment centers in cities like Silicon Valley and Hollywood, there's a consistent demand for cutting-edge GPUs that power advanced visual effects, 3D modeling, and gaming experiences. In addition, the AI and machine learning revolution is a significant driver, as GPUs play a pivotal role in accelerating AI computations, driving innovation across industries from healthcare to finance. The prevalent emphasis on scientific research, especially in fields like climate modeling and drug discovery, also spurs the demand for high-performance GPUs.
Company Profiling
Major key players in the graphic processor market are NVIDIA Corporation, Advanced Micro Devices, Inc. (AMD), Intel Corporation, Qualcomm Incorporated, Samsung Electronics Co., Ltd., Imagination Technologies, VIA Technologies, Inc., Matrox Electronic Systems Ltd., and Others.
Key Target Audience
Market Segment
This study forecasts global, regional, and country revenue from 2023 to 2033. Spherical Insights has segmented the graphic processor market based on the below-mentioned segments:
Global Graphic Processor Market, By Component
Global Graphic Processor Market, By Type
Global Graphic Processor Market, By Regional Analysis
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