The Latin America, Middle East and Africa Graphics Card Market is expected to witness market growth of 35.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $11.64 billion by 2031. The Argentina market is showcasing a CAGR of 36.2% during 2024-2031. Additionally, the UAE market would register a CAGR of 33.9% during 2024-2031.
The graphics card market is witnessing a strong shift toward power-efficient and compact GPU designs, driven by the growing demand for laptops, ultrabooks, and portable gaming devices. Traditional high-performance GPUs consume significant power and generate heat, which limits their use in smaller devices. Companies like NVIDIA, AMD, and Intel focus on energy-efficient architectures, AI-driven power management, and advanced cooling technologies to address this.
The demand for mobile GPUs in gaming smartphones, tablets, and handheld consoles is rising. High-performance mobile processors, such as Qualcomm’s Adreno, Apple’s GPU in A-series chips, and ARM’s Mali GPUs, now offer console-like gaming experiences on portable devices. Cloud gaming services like GeForce Now and Xbox Cloud Gaming also leverage power-efficient GPUs in data centers to enable high-quality streaming on lower-powered devices.
The LAMEA region is witnessing a notable surge in demand for graphics processing units (GPUs), driven by advancements in various sectors and strategic government initiatives. In Brazil, the media and entertainment industry significantly contributes to the rising demand for GPUs. The country's vibrant gaming community and burgeoning film production sector require high-performance GPUs for tasks such as 3D rendering, visual effects, and real-time video editing. In the United Arab Emirates (UAE), the IT and telecommunication sector is experiencing rapid growth, leading to an increased need for advanced GPU solutions. South Africa is witnessing a surge in GPU demand, primarily driven by expanding its media and entertainment industry. Hence, as these industries evolve and integrate more advanced technologies, the demand for high-performance GPUs is expected to rise, solidifying the region's position in the global GPU landscape.
The Brazil market dominated the LAMEA 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 $11.64 billion by 2031. The Argentina market is showcasing a CAGR of 36.2% during 2024-2031. Additionally, the UAE market would register a CAGR of 33.9% during 2024-2031.
The graphics card market is witnessing a strong shift toward power-efficient and compact GPU designs, driven by the growing demand for laptops, ultrabooks, and portable gaming devices. Traditional high-performance GPUs consume significant power and generate heat, which limits their use in smaller devices. Companies like NVIDIA, AMD, and Intel focus on energy-efficient architectures, AI-driven power management, and advanced cooling technologies to address this.
The demand for mobile GPUs in gaming smartphones, tablets, and handheld consoles is rising. High-performance mobile processors, such as Qualcomm’s Adreno, Apple’s GPU in A-series chips, and ARM’s Mali GPUs, now offer console-like gaming experiences on portable devices. Cloud gaming services like GeForce Now and Xbox Cloud Gaming also leverage power-efficient GPUs in data centers to enable high-quality streaming on lower-powered devices.
The LAMEA region is witnessing a notable surge in demand for graphics processing units (GPUs), driven by advancements in various sectors and strategic government initiatives. In Brazil, the media and entertainment industry significantly contributes to the rising demand for GPUs. The country's vibrant gaming community and burgeoning film production sector require high-performance GPUs for tasks such as 3D rendering, visual effects, and real-time video editing. In the United Arab Emirates (UAE), the IT and telecommunication sector is experiencing rapid growth, leading to an increased need for advanced GPU solutions. South Africa is witnessing a surge in GPU demand, primarily driven by expanding its media and entertainment industry. Hence, as these industries evolve and integrate more advanced technologies, the demand for high-performance GPUs is expected to rise, solidifying the region's position in the global GPU landscape.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Graphics Card Market by Type
Chapter 5. LAMEA Graphics Card Market by Industry vertical
Chapter 6. LAMEA Graphics Card Market by Device
Chapter 7. LAMEA 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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