The Global Graphic Processor Market size is expected to reach $327.5 billion by 2030, rising at a market growth of 26.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 95,110.6 thousand units, experiencing a growth of 18.8% (2019-2022).
GPUs play a vital role in enabling game developers to create cutting-edge games and satisfy the demands of the discerning gaming community. Thus, the Asia Pacific region acquired $19,118.3 million revenue of the market in 2022. The region is a game production and consumption hub, and a sizable audience expects immersive and graphically stunning gaming experiences. Additionally, the Asia Pacific region's emphasis on cutting-edge technologies like artificial intelligence, robotics, and autonomous vehicles has increased demand for GPUs. These technologies are driven by innovation across industries, advancing these transformational fields by relying on complicated computations that GPUs excel.
The major strategy followed by the market participants is Product Launches as the key developmental strategy to keep pace with the changing demands of end users. In, April, 2023, Matrox Electronic Systems Ltd. introduced its latest Matrox LUMA lineup of graphics cards featuring Intel Arc GPUs. Additionally, In May, 2023, Advanced Micro Devices, Inc. unveiled the AMD Ryzen and Athlon 7020 C-Series processors, based on 6nm technology, to deliver swift and responsive performance designed for contemporary productivity and multitasking tasks often found in educational and frontline work environments.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Advanced Micro Devices, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Qualcomm Incorporated (Qualcomm Technologies, Inc.), Imagination Technologies Limited, Matrox Electronic Systems Ltd, IBM Corporation, Sony Corporation and VIA Technologies, Inc.
GPUs play a vital role in enabling game developers to create cutting-edge games and satisfy the demands of the discerning gaming community. Thus, the Asia Pacific region acquired $19,118.3 million revenue of the market in 2022. The region is a game production and consumption hub, and a sizable audience expects immersive and graphically stunning gaming experiences. Additionally, the Asia Pacific region's emphasis on cutting-edge technologies like artificial intelligence, robotics, and autonomous vehicles has increased demand for GPUs. These technologies are driven by innovation across industries, advancing these transformational fields by relying on complicated computations that GPUs excel.
The major strategy followed by the market participants is Product Launches as the key developmental strategy to keep pace with the changing demands of end users. In, April, 2023, Matrox Electronic Systems Ltd. introduced its latest Matrox LUMA lineup of graphics cards featuring Intel Arc GPUs. Additionally, In May, 2023, Advanced Micro Devices, Inc. unveiled the AMD Ryzen and Athlon 7020 C-Series processors, based on 6nm technology, to deliver swift and responsive performance designed for contemporary productivity and multitasking tasks often found in educational and frontline work environments.
Cardinal Matrix - Market Competition Analysis
Based on the Analysis presented in the Cardinal Matrix; Samsung Electronics Co., Ltd. is the forerunner in the Market. In June, 2023, Intel Corporation unveiled Intel® Arc™ Pro A60 and Pro A60M within its Intel® Arc™ Pro A-series field of graphics processing units (GPUs). Companies such as QUALCOMM Incorporated, Intel Corporation, Sony Corporation are some of the key innovators in the Market.Market Growth Factors
Expansion Of the Gaming Industry
The gaming industry is a major driver of GPU demand. Gamers constantly seek more powerful GPUs for better graphics, higher frame rates, and immersive gaming experiences. The growth of esports and the demand for gaming content creators have also boosted GPU sales. Gamers continually seek more immersive and realistic gaming experiences. High-quality graphics are a cornerstone of such experiences, and GPUs are at the heart of rendering these visuals. Graphics quality directly impacts a game's success, driving game developers to create visually stunning titles that leverage the capabilities of modern GPUs. The availability of high-resolution monitors and displays, including 4K and ultra-wide screens, has pushed the demand for GPUs with higher processing power to deliver crisp and detailed visuals. The expansion of the gaming industry has been a significant driver of the market.Growing Use in Medical Imaging and Healthcare
GPUs are used in medical imaging, genome sequencing, and drug discovery, accelerating research and improving patient care. The healthcare industry's increasing reliance on technology drives GPU growth. GPUs process and render high-resolution medical images, such as MRI, CT scans, and ultrasound images. These GPUs help improve the quality of images and enable real-time visualization for medical professionals. Advancements in GPU technology have facilitated 3D and 4D imaging, providing valuable insights for diagnosis and treatment planning. Machine learning and AI algorithms heavily rely on GPUs for training and inference tasks. AI assist in the automated analysis of medical images, helping clinicians detect anomalies and diseases more accurately and quickly. The growth of medical imaging and healthcare applications has significantly impacted the market.Market Restraining Factors
Adverse Effects of Regulatory Challenges
Export controls and trade restrictions governments impose impact the market by limiting the availability of certain technologies or constraining market access. Governments in various countries impose export controls and trade restrictions on certain technologies, including GPUs. These regulations affect the export and import of GPUs, limiting market access in specific regions. GPU manufacturers must navigate complex export compliance laws that are subject to change. Intellectual property (IP) disputes and patent litigation are common in the technology industry, including the graphic processor market. These legal challenges lead to costly legal battles, restrictions on product sales, or the need to pay licensing fees. Therefore, like the broader technology industry, the graphic processor market faces various regulatory challenges that impact its operations and growth.The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.
Development Outlook
On the basis of deployment, the market is divided into on-premise and cloud. The on-premise segment garnered a significant revenue share in the market in 2022. On-premise deployment enhances data security and privacy because data remains within the organization's network, reducing the risk of exposure to third-party cloud providers. On-premise GPUs deliver lower latency than cloud-based solutions because data processing occurs locally. On-premise solutions customized to integrate with existing infrastructure and applications, offering seamless compatibility.Component Outlook
By component, the market is categorized into hardware, software, and services. In 2022, the hardware segment held the highest revenue share in the market. The hardware segment consists of printed circuit boards (PCBs) that house and connect the GPUs, VRAM (video random access memory) modules for quick data storage, cooling techniques to ensure optimal performance under a variety of workloads, an interface, outputs, power connectors, and BIOS. Modern hardware advancements like ray tracing cores, tensor cores for AI acceleration, and specialized real-time ray tracing further widen the range of available hardware while providing improved visual quality and computational capabilities.Application Outlook
By application, the market is segmented into consumer electronics, IT & telecommunication, healthcare, media & entertainment, and others. The IT and telecommunication segment recorded a remarkable revenue share in the market in 2022. The IT sector's demand for GPUs is driven by data center expansion and the need for high-performance computing. GPUs are used for AI inference, training, and data analytics in data centers. Telecommunication companies increasingly deploy GPUs in data centers to accelerate network functions, improve content delivery, and enhance security. AI and machine learning are integral to both IT and telecommunication operations. GPUs are crucial in accelerating AI workloads, making real-time decision-making and automation possible.Type Outlook
Based on type, the market is classified into integrated, dedicated, and hybrid. In 2022, the integrated segment witnessed the largest revenue share in the market. A system's available RAM is utilized for operational duties by an integrated graphics card. The functionality of these cards takes precedence over the high graphic demands of entry-level laptops. In addition, incorporated cards result in a higher system memory utilization, which decreases system performance during resource-intensive activities such as gaming or image editing. These cards provide economic benefits by reducing costs, conserving energy, and minimizing noise emissions related to graphics solutions.Regional Outlook
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a significant revenue share in the graphic processor market. The market for graphic processors in North America is primarily driven by the region's booming technology and entertainment sectors. The demand for cutting-edge GPUs that power complex visual effects, 3D modeling, and gaming experiences is consistently high due to the presence of major tech hubs and entertainment centers in places like Silicon Valley and Hollywood. The AI and machine learning revolution is another important driver, as GPUs are essential for boosting AI computations and fostering innovation in various industries, including finance and healthcare.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Advanced Micro Devices, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Qualcomm Incorporated (Qualcomm Technologies, Inc.), Imagination Technologies Limited, Matrox Electronic Systems Ltd, IBM Corporation, Sony Corporation and VIA Technologies, Inc.
Strategies deployed in the Market
» Partnerships, Collaborations, and Agreements:
- Aug-2023: Advanced Micro Devices, Inc. entered into a partnership with AV LINK GROUP LTD., a company specializing in audiovisual solutions, offering a wide range of products and services for the AV industry. Through this partnership, AV LINK GROUP LTD. and Advanced Micro Devices, Inc. would concentrate on the next-generation video processor market, with a particular focus on addressing critical applications like education, healthcare, corporate, and government sectors.
- Jun-2023: Sony Corporation teamed up with Qualcomm Technologies, a leading American semiconductor and wireless technology company renowned for its contributions to mobile communications and semiconductor innovation. Through this Collaboration, both companies would prioritize delivering "improved user experiences" across premium, high-tier, and mid-tier smartphones.
- May-2023: NVIDIA Corporation Teamed up with MediaTek Inc., a Taiwanese semiconductor company specializing in the design and manufacture of system-on-chip (SoC) solutions. Through this Collaboration, both companies intend to work together on technological solutions for enhancing vehicle infotainment systems, enabling video and game streaming, as well as facilitating driver interaction through artificial intelligence. Further, MediaTek plans to incorporate Nvidia's graphic processing unit chiplet and software into the system-on-chip offerings provided to automakers for their infotainment displays.
- May-2023: Advanced Micro Devices, Inc. teamed up with Microsoft Corp, a multinational technology company renowned for its software products. Through this collaboration, Microsoft is providing financial backing to strengthen Advanced Micro Devices, Inc. initiatives, and the two firms are collaborating on the development of an in-house Microsoft AI processor, known as Project Athena.
- Apr-2023: Intel Corporation entered into a partnership with Arm, a British semiconductor and software design company, known for its energy-efficient processor architectures. Through this partnership, both companies would focus on designing chipsets for mobile applications featuring Arm-based CPU cores, followed by expansion into automotive, IoT, data center, aerospace, and government sectors.
» Product Launches and Product Expansions:
- Jun-2023: Intel Corporation unveiled Intel® Arc™ Pro A60 and Pro A60M within its Intel® Arc™ Pro A-series field of graphics processing units (GPUs). Further, these recent products are a level up in performance in the Intel Arc Pro series providing up to 12GB of video memory (VRAM) and bearing up to four displays with high dynamic range (HDR) and Dolby Vision® support.
- May-2023: Advanced Micro Devices, Inc. unveiled the AMD Ryzen and Athlon 7020 C-Series processors, based on 6nm technology. Further, It harnesses the power of AMD's Zen 2 architecture and integrated RDNA 2 graphics to deliver swift and responsive performance designed for contemporary productivity and multitasking tasks often found in educational and frontline work environments.
- Apr-2023-: Advanced Micro Devices, Inc. introduced the Radeon PRO W7000 Series graphics card, based on the RDNA 3 architecture, and the Radeon PRO W7900 and Radeon PRO W7800 graphics cards from AMD are tailored for demanding workloads. Further, the Radeon PRO W7900 has 48 GB of GDDR6 memory, while the Radeon PRO W7800 features 32 GB of GDDR6 memory.
- Apr-2023: Matrox Electronic Systems Ltd. introduced its latest Matrox LUMA lineup of graphics cards featuring Intel Arc GPUs. Further through this launch, the lineup comprises of three single-slot cards: the LUMA A310, a fanless low-profile card; the LUMA A310F, a low-profile card with a fan; and the LUMA A380, a full-sized card with a fan.
- Nov-2022: Advanced Micro Devices, Inc. introduced the AMD Radeon™ RX 7900 XTX and Radeon RX 7900 XT graphics cards, based on AMD RDNA™ 3 architecture. Further, this AMD Radeon™ RX 7900 XTX and Radeon RX 7900 XT graphics cards are launched to offer high framerate 4K and higher resolution gaming.
- Sep-2022: NVIDIA Corporation introduced GeForce RTX 40, Driven by the Latest NVIDIA Ada Lovelace and the advanced third generation RTX architecture for enhanced performance. Further, the GeForce RTX 40 Series graphics cards offer a twofold increase in performance for 3D rendering, video export speed, and AI tools.
- Aug-2021: IBM Corporation introduced the IBM Telum Processor, Telum is set to serve as the core processor chip for the forthcoming IBM Z and LinuxONE systems of the next generation. The 7 nm microprocessor is designed to address our client's needs, enabling them to extract AI-driven insights from their data while maintaining rapid response times for high-volume transactional workloads. Further, IBM Telum incorporates a novel on-chip accelerator dedicated to AI inference, facilitating real-time AI integration directly into transactional workloads.
- Apr-2021: NVIDIA Corporation introduced the NVIDIA Grace™ CPU to meet the computing needs of the most advanced applications globally, including natural language processing, recommender systems, and AI supercomputing. Further, it is NVIDIA Corporation's first-ever data center CPU, an Arm-based processor.
» Acquisition and Mergers:
- Jun-2023: NVIDIA Corporation completed the acquisition of OmniML, an open-source machine learning framework that automates key aspects of the machine learning pipeline. Through this acquisition, NVIDIA Corporation aims to enhance its distinct AI chips tailored for automotive, industrial robotics, and drone applications.
- May-2022: Intel Corporation completed the acquisition of Siru Innovations, a technology company specializing in the development of innovative solutions. Through this acquisition, Intel Corporation would Integrate the Siru team into its emerging Accelerated Computing Systems and Graphics Group.
- Feb-2022: Advanced Micro Devices, Inc. took over Xilinx, an American semiconductor company specializing in field-programmable gate arrays (FPGAs) and adaptive computing solutions. Through this acquisition, Xilinx would strengthen Advanced Micro Devices, Inc. suite by providing FPGAs, adaptive SoCs, AI engines and software expertise.
- Jan-2021: Qualcomm Technologies, Inc. subsidiary of Qualcomm Incorporated completed the acquisition of NUVIA, a semiconductor design company specializing in high-performance processors and system-on-chip (SoC) solutions. Through this acquisition, Qualcomm Technologies, Inc. would strengthen its leadership in Snapdragon technology, ushering in significant advancements in CPU performance and power efficiency to address the requirements of future 5G computing.
Scope of the Study
Market Segments Covered in the Report:
By Deployment- Cloud
- On-premise
- Hardware
- Software
- Services
- Consumer Electronics
- IT & Telecommunication
- Healthcare
- Media & Entertainment
- Integrated
- Dedicated
- Hybrid
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NVIDIA Corporation
- Advanced Micro Devices, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Intel Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Imagination Technologies Limited
- Matrox Electronic Systems Ltd
- IBM Corporation
- Sony Corporation
- VIA Technologies, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1.Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Global Graphic Processor Market by Deployment
Chapter 6. Global Graphic Processor Market by Component
Chapter 7. Global Graphic Processor Market by Application
Chapter 8. Global Graphic Processor Market by Type
Chapter 9. Global Graphic Processor Market by Region
Chapter 10. Company Profiles
Companies Mentioned
- NVIDIA Corporation
- Advanced Micro Devices, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Intel Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Imagination Technologies Limited
- Matrox Electronic Systems Ltd
- IBM Corporation
- Sony Corporation
- VIA Technologies, Inc
Methodology
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