Graphic Processing Unit (GPU) Market Size Worth USD 103.60 Billion by 2026: Acumen Research and Consulting

LOS ANGELES, Feb. 15, 2019 (GLOBE NEWSWIRE) -- World-wide Graphic Processing Unit (GPU) market size was likely to reach over USD 103.60 billion by 2026 with a CAGR of 30% during the coming years.

The hardware segment held a larger part GPU market share of the overall industry of over 70% in 2018 and is relied upon to command the market by 2025. The market development is credited to an expansion in the adoption of hardware components, for example, dedicated and integrated processors. These processors are utilized in a few gadgets including tablets, gaming consoles, and cell phones to help realistic serious applications. GPU shipments are assessed to enroll a development rate of around 5% over the estimate course of events. In 2017, the devoted GPU unit shipments were evaluated at more than 92,000 thousand units.

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According to the gadget type, tablets will observer the quickest development rate of over 30% over the conjecture time frame because of an ascent being used of these gadgets for gaming purposes. These gadgets have inbuilt GPU processors that assistance to convey vivid mixed media with 2D and 3D designs to upgrade the gaming knowledge.

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 timeframe.

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The global GPU market is segmented into component, deployment model, application and region. On the basis component, the global GPU market is segmented into hardware, software and service. Software is further segmented into CAD/CAM, simulation, imaging, digital video, modelling and animation, and others. Service is further segmented into training & consulting, integration & maintenance and managed service. Hardware segment is further segmented into GPU type (integrated, hybrid and dedicated) and device type (computer, tablet, gaming console and television). On the basis deployment model, the global GPU market is segmented into on-premise and cloud. On the basis application, the global GPU market is segmented into gaming, design and manufacturing, healthcare, automobile, real-estate, and others. On the basis of region the global GPU market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

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.

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Developing advancements, for example, AR and VR, and the rising pattern of freemium diversions, will encourage the selection of GPUs to convey a superior gaming knowledge. Besides, an expansion being used of AI for brining development areas, for example, social insurance and assembling, will likewise goad the demand for GPUs. Artificial intelligence applications include the utilization of profound learning calculations to prepare neural systems. In this manner, to accelerate the complex computational process and to discover important bits of knowledge, frameworks require GPU-accelerated computers.

The key players contribution to the global GPU market areS3 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.

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