Graphic Processing Unit (GPU) Market Research Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

Graphic Processing Unit (GPU) Market Size Research Report – In a Glance

As per the Research report on the global Graphic Processing Unit (GPU) Market, the market is projected to foresee a CAGR of 14.2% between 2024-2033, and further generate a market size of USD 1409.7 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 98.9 billion revenue.

• The global Graphic Processing Unit (GPU) Market is projected to grow on account of proliferation of artificial intelligence.
• In Japan, the increasing use of smart phones, can be attributed to the growth in the Graphic Processing Unit (GPU) Market.
• KDMI analyst’s growth analysis, rising manufacturing cost to challenge market growth.
• Asia Pacific, having the highest market share in the Graphic Processing Unit (GPU) Market, is projected to dominate the global market.

Graphic Processing Unit (GPU) Market Analysis

The graphic processing unit, an electronic circuit in any device, enables the management of graphics-associated work, such as effects, graphics & videos and the performance of mathematical evaluations at high speed. GPU handles a wider variety of tasks and algorithms, making GPUs more flexible for developers & researchers who might require experimenting with distinct AI strategies or use cases. Both CPUs & GPUs are choices available as segments of AI Hypercomputer architecture. As of 2023, the worldwide AI market size is assessed at USD 454.12 billion, and AI is anticipated to add a projected USD 15 trillion to the worldwide economy by 2030. The worldwide AI market is expected to expand from a projected USD 157 billion as of 2020 to an assessed USD 300 billion as of 2024, with a CAGR of 17.1%. The global proliferation of artificial intelligence worldwide is a significant growth driver of the graphic processing unit market. IBM Corporation, Intel Corporation, and NVIDIA Corporation are significant players in the global Graphic Processing Unit (GPU) market.

Analyst’s Observation on Japan Graphic Processing Unit (GPU) Market Research

Identical to desktop GPUs, mobile GPUs are skilled at executing parallel calculations for AI and Machine Learning. With GPU centres, a smart speaker performs voice response and voice recognition without the wait, price and additional energy of moving to the cloud. VR and AR encounters will carry on coming through the smartphone or the smartphone in combination with a headset or smart glasses operating on an identical diet of energy-efficient GPUs and CPUs. The growing proliferation of smartphone users is one primary growth driver of the graphic processing unit market. As of 2020, there were approximately 99.99 million smartphone users in Japan and the figure has risen considerably in the past 5 years, increasing from 63.63 million as of 2015. It is anticipated that the number of users of smartphones will hit 114.61 million by 2025 end and presently, about 79% of Japan’s decreasing population & rushing smartphone adoption users, the figure is anticipated to increase above 92% by 2025. NVIDIA and HPC Community Building are significant players in the Japanese digital out-of-home advertising market.

Graphic Processing Unit (GPU) Market Growth Driver & Market Restraint

Growth Driver

• Growth of gaming industry:

For most contemporary games, particularly those with high-reliability graphics, the GPU has a predominant role in influential performance. A powerful GPU renders more comprehensive textures, manages complicated lighting impacts, and upholds higher frame rates, all of which lead to an efficient, more immersive gaming experience. As of 2023, the United States game sector generated and encouraged more than 350,000 total jobs, contributing around USD 66 billion to the United States GDP. Around 190 million Americans play video games, of which 78% of United States households have at least played one gaming machine in the previous 12 months. The global value of the video game industry as of 2023 was USD 184 billion, with around 3.2 million gamers globally. With the growth of the gaming industry, the demand for NVIDIA’s GPUs has also proportionately increased. The expansion of the video game industry bodes well for the growth of the graphic processing unit market.

• Growing application in scientific research:

Distributed Computing Applications use NVIDIA GPUs for carrying out biomedical research, and the researchers use GPU to evaluate high volumes of information & do complicated calculations. Deep learning models are applied in several scientific research studies for video analysis and image classification. GPUs enable researchers to run simulations at speeds that have never been seen before. Further, a GPU functions as an accelerator, or a piece of auxiliary hardware used in tandem with a CPU to quickly carry on numerically intensive functions. Between 2014 and 2018, the pool of researchers grew 3 times faster, and by 2018, there were around 8854 researchers. In 28 countries, the density of researchers expanded by at least 20% during this period. The growing number of researchers implies growth in research processes, eventually increasing the demand for GPU for research and boosting its market.

Market Restraint

• Increasing manufacturing costs:

As GPU technology develops, the cost of advancing high-performing chips, especially those using reduced nanometer procedures, increases dramatically. This difficulty impacts profit margins and might lead to higher consumer rates.

• Supply chain disturbances:

Worldwide semiconductor lacks and supply chain disturbances, especially during situations such as the COVID-19 pandemic, have led to GPU manufacturing interruptions and price rises, making it difficult to satisfy increasing demand.

Graphic Processing Unit (GPU) Market Segmentation

Our experts at KD Market Insights have segmented the global Graphic Processing Unit (GPU) Market research report as:

Graphic Processing Unit (GPU) Market Regional Synopsis

Asia Pacific is expected to dominate the Graphic Processing Unit (GPU) market due to the increasing demand for AI technologies in the region. GPUs conduct technical calculations quicker with higher energy efficiency compared to CPUs. That implies they distribute leading functions with higher energy efficiency for AI interference and training & acquire a wide array of applications that employ accelerated computing. The GPU performance has improved roughly 7000 times since 2003, and the price per performance is 5600 times higher. GPUs are the leading computing podium for speeding up the workloads of machine learning, and the largest models from the previous 5 years have been trained on GPU. With an expanding AI industry estimated at over USD 70 billion and an active ecosystem of approximately 4300 organizations, China offers insights into how nations must align innovation, strategy, and ecosystem advancement to connect AI’s transformative potential. The long-term AI strategy of China, highlighted by adaptive regulations and strong infrastructure, illustrates how to balance innovation with security for sustainable infrastructure. The expanding demand for computational power encourages the GPU market, such as industries such as healthcare and telecommunication rely on GPUs to boost performance and accelerate data processing. In the healthcare sector, GPUs boosts the quality of medical images, implying that CT scans, MRIs and X-rays are clearer, assisting doctors spot issues more effectively. India is contemplating a GPU cluster to drive AI models, and the government plans a significant GPU collection under the India AI program.  

North America is expected to be the fastest-growing region in the graphic processing unit market due to the rising demand from the gaming sector. The requirements differ depending on the types of games one plays and their desired settings. Contemporary AAA titles frequently demand high-end GPUs for maximum performance. Discrete GPUs are critical for high-end gaming performance because they offer improved processing power and upgradability. The American Gaming Association Commercial Gaming Revenue Tracker features nationwide and state-by-state financial performance information with analyses for individual gaming verticals. The United States commercial gaming income went to an all-time high in November, increasing by 21.3%. Increasing innovations from NVIDIA DLSS, which makes use of AI to encourage gaming performance and distribute shared images, and NVIDIA ACE, articulated to bring more lifelike interactions to game characters. The launch of RTX 5090 by NVIDIA has helped the dominance of North America due to its advanced technology infrastructure and focus on high-performance computing.

Regional Company Names

• Jingjia Micro
• CSIC
• Verisilicon
• Enflame
• Hangjin Technology

Graphic Processing Unit (GPU) Market Competitive Landscape

Some of the key players who have the top global Graphic Processing Unit (GPU) Market share:

All Company Names: 

• IBM Corporation
• Intel Corporation
• NVIDIA Corporation
• Samsung Electronics Co., Ltd.
• Qualcomm Incorporated
• Advanced Micro Devices, Inc.
• Dassault Systems, Inc.
• Google, Inc.
• Siemens AG
• Sony Corporation
• Others

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Graphic Processing Unit Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Device
      3. By Industry Vertical
      4. By Region
5. Market Segmentation by Type
   1. Dedicated
   2. Integrated
   3. Hybrid
   4. Others
6. Market Segmentation by Device
   1. Computer
   2. Tablet
   3. Smartphone
   4. Gaming Console
   5. Television
   6. Others
7. Market Segmentation by Industry Vertical
   1. Electronics
   2. IT And Telecommunication
   3. Défense And Intelligence
   4. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Type, Device and Industry Vertical        
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Device and Industry Vertical        
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. IBM Corporation
      2. Intel Corporation
      3. NVIDIA Corporation
      4. Samsung Electronics Co., Ltd.
      5. Qualcomm Incorporated
      6. Advanced Micro Devices, Inc.
      7. Dassault Systems, Inc.
      8. Google, Inc.
      9. Siemens AG
      10. Sony Corporation
      11. Others
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References