The North America Graphics Card Market is expected to witness market growth of 31.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Graphics Card Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $140.41 billion by 2031. The Canada market is experiencing a CAGR of 34.1% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 32.9% during 2024-2031.
A graphics card, or GPU (Graphics Processing Unit), is a specialized hardware component that is responsible for the representation of images, videos, and animations on a computer screen. It enhances the performance of visual tasks by handling complex graphical computations, ensuring smooth visuals and high-quality rendering. These cards are essential for gaming, video editing, 3D modeling, artificial intelligence (AI), and high-performance computing (HPC).
Unlike a CPU (Central Processing Unit), which processes general computing tasks, a GPU is designed for parallel processing, meaning it can handle multiple calculations simultaneously. This capability makes it ideal for tasks requiring high-speed graphical computations, such as gaming, real-time rendering, and AI-driven applications. A graphics card comprises several key components, including GPU cores, video memory (VRAM), cooling solutions, and display output interfaces.
This market in North America is experiencing significant growth, driven by various factors across different nations. The defense and intelligence sectors in the United States are major contributors to this surge. Agencies within these sectors are increasingly adopting advanced Graphics Processing Units (GPUs) to enhance data analysis, simulations, and real-time decision-making capabilities. In Canada, the media and entertainment industry is a significant driver of GPU demand. The country's vibrant film, television, and digital content sectors rely heavily on high-performance GPUs for tasks such as 3D rendering, visual effects, and real-time video editing. The increasing production of high-quality content necessitates advanced graphics solutions, leading to a growing demand for GPUs. Therefore, the region's emphasis on innovation across various industries, including defense and media, drives the demand for high-performance graphics solutions like graphics cards.
The US market dominated the North America Graphics Card Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $140.41 billion by 2031. The Canada market is experiencing a CAGR of 34.1% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 32.9% during 2024-2031.
A graphics card, or GPU (Graphics Processing Unit), is a specialized hardware component that is responsible for the representation of images, videos, and animations on a computer screen. It enhances the performance of visual tasks by handling complex graphical computations, ensuring smooth visuals and high-quality rendering. These cards are essential for gaming, video editing, 3D modeling, artificial intelligence (AI), and high-performance computing (HPC).
Unlike a CPU (Central Processing Unit), which processes general computing tasks, a GPU is designed for parallel processing, meaning it can handle multiple calculations simultaneously. This capability makes it ideal for tasks requiring high-speed graphical computations, such as gaming, real-time rendering, and AI-driven applications. A graphics card comprises several key components, including GPU cores, video memory (VRAM), cooling solutions, and display output interfaces.
This market in North America is experiencing significant growth, driven by various factors across different nations. The defense and intelligence sectors in the United States are major contributors to this surge. Agencies within these sectors are increasingly adopting advanced Graphics Processing Units (GPUs) to enhance data analysis, simulations, and real-time decision-making capabilities. In Canada, the media and entertainment industry is a significant driver of GPU demand. The country's vibrant film, television, and digital content sectors rely heavily on high-performance GPUs for tasks such as 3D rendering, visual effects, and real-time video editing. The increasing production of high-quality content necessitates advanced graphics solutions, leading to a growing demand for GPUs. Therefore, the region's emphasis on innovation across various industries, including defense and media, drives the demand for high-performance graphics solutions like graphics cards.
List of Key Companies Profiled
- NVIDIA Corporation
- Advanced Micro Devices Inc.
- Intel Corporation
- ASUSTeK Computer Inc.
- Micro-star International Co., Ltd.
- GIGA-BYTE Technology Co., Ltd.
- Zotac Technology Limited (PC Partner Group Limited)
- TUL Corporation (Powercolor Computer, Inc.)
- EVGA Corporation
- PNY Technologies, Inc.
Market Report Segmentation
By Type
- Integrated GPUs
- Dedicated (Discrete) GPUs
- Hybrid GPUs
By Industry vertical
- Media & Entertainment
- Electronics
- IT & Telecommunication
- Defense & Intelligence
- Other Industry vertical
By Device
- Smartphones
- Computers (Desktops & Laptops)
- Tablets
- Gaming Consoles
- Televisions
- Other Device
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Graphics Card Market by Type
Chapter 5. North America Graphics Card Market by Industry vertical
Chapter 6. North America Graphics Card Market by Device
Chapter 7. North America Graphics Card Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- NVIDIA Corporation
- Advanced Micro Devices Inc.
- Intel Corporation
- ASUSTeK Computer Inc.
- Micro-star International Co., Ltd.
- GIGA-BYTE Technology Co., Ltd.
- Zotac Technology Limited (PC Partner Group Limited)
- TUL Corporation (Powercolor Computer, Inc.)
- EVGA Corporation
- PNY Technologies, Inc.
Methodology
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