Graphical Processing Unit (GPU) Market to see Huge Growth by 2029

GPU market is anticipated to grow at a significant CAGR of 34.4% during the forecast period. The market growth is attributed to factors such as the growth of the gaming industry, growth of the data center industry, advancements in the Artificial Intelligence (AI)/Machine Learning (ML) industry, increasing adoption of cloud-based services, and growing research and development in the automotive industry. For instance, In May 2023, NVIDIA Corp and MediaTek Inc. announced a collaborative effort aimed at developing technology for advanced vehicle infotainment systems. These systems will have the capability to stream video or games and engage with drivers through artificial intelligence. As part of this agreement, which was revealed at the Computex technology trade show in Taipei, MediaTek will incorporate an NVIDIA graphics processing unit chipset and NVIDIA software into the system-on-chips that it provides to automakers for use in their infotainment displays.

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Graphics Processing Unit (GPU) Market Segmentation

By Type

  • Discrete GPU
  • Integrated GPU

By Devices

  • Desktop
  • Tablet
  • Gaming Console
  • Automotive Vehicles
  • Data Centers
  • Others (Medical Devices, Defense Equipment, Satellites)

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Regional Analysis                                                                                                                                                                            

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • Advanced Micro Devices (AMD)
  • ARM Limited
  • ASPEED Technology Inc.
  • Broadcom Corp.
  • Cirrus Logic Inc.
  • Imagination Technologies
  • Matrox Electronic Systems Ltd.
  • MediaTek Inc.
  • Qualcomm Technologies, Inc.
  • Rambus Inc.
  • SiFive, Inc.
  • Silicon Integrated Systems
  • Taiwan Semiconductor Manufacturing Company, Ltd.
  • Texas Instruments Incorporated
  • VIA Technologies, Inc.

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