Graphic Processing Unit (GPU) Market Worth $ 185.31 Billion, Globally, by 2027 at 32.82% CAGR: Verified Market Research

The global graphic processing unit market has witnessed strong growth owing to the growing need for specialized processors that can manage complex mathematical calculations related to 2D and 3D graphics

JERSEY CITY, N.J., Dec. 8, 2020 /PRNewswire/ -- Verified Market Research recently published a report, "Graphic Processing Unit (GPU) Market by type (Dedicated, Integrated, Hybrid), by Device (Computer, Tablet, Smartphone, Gaming Console, Television), by Vertical (Electronics, IT & Telecommunication, Defense & Intelligence, Media & Entertainment, Automotive), Geography". According to Verified Market Research, the Global Graphic Processing Unit (GPU) Market was valued at USD 25.41 billion in 2020 and is projected to reach USD 185.31 billion by 2027, growing at a CAGR of 32.82% from 2021 to 2027.

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Global Graphic Processing Unit (GPU) Market Overview

The global graphics processing unit market is principally driven by the growing need for specialized processors that can manage complex mathematical calculations related to 2D and 3D graphics. The augmenting usage of processors to support graphics applications and 3D content in several industry verticals, including automotive, manufacturing, real estate, and healthcare is also boosting the market growth. For example, to encourage manufacturing & design applications in the automotive sector, CAD and simulation software support graphic processing unit to generate photorealistic images or animations. Besides, the growing adoption of portable computing devices such as laptops is also promoting the growth of the GPU market across the world. Moreover, the mounting number of complex graphic games is the major factor driving the growth of the market. These heavy application games need high memory graphic cards, hence driving the growth of the market. However, the growth of mobile-based gaming and the declining demand for desktops is expected to limit the growth of the GPU market across the globe. Moreover, the inadequacy of integrated GPU to enable intensive graphic designing software may hinder the market growth. The major players in the market are IBM Corporation, Intel Corporation, NVIDIA Corporation, Samsung Electronics Co., Ltd., Qualcomm Incorporated, Advanced Micro Devices, Inc., Dassault Systems, Inc., Google, Inc, Siemens AG, Sony Corporation.

Verified Market Research has segmented the Global Graphic Processing Unit (GPU) Market on the basis of Type, Device, Industry Vertical and Geography.

• Graphic Processing Unit (GPU) Market by Type
• Dedicated
• Integrated
• Hybrid
• Graphic Processing Unit (GPU) Market by Device
• Computer
• Tablet
• Smartphone
• Gaming Console
• Television
• Graphic Processing Unit (GPU) Market by Industry Vertical
• Electronics
• IT & Telecommunication
• Defense & Intelligence
• Media & Entertainment
• Automotive
• Graphic Processing Unit (GPU) Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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