Enjoy complimentary customisation on priority with our Enterprise License!
The graphics processing unit market size is forecast to increase by USD 388.3 billion at a CAGR of 50.22% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The surge in demand for enhanced gaming and virtual reality (VR) experiences is driving adoption of GPUs. Additionally, the need for high-performance computing (HPC) in various industries such as machine learning, healthcare services, manufacturing, and supply chain is increasing. Cryptocurrency mining and blockchain networks also require substantial computational power, leading to increased demand for GPUs. Emerging technologies like image recognition and large database analyzing also rely heavily on GPUs for processing. Interference times are a concern for organizations, necessitating the use of advanced GPUs for display enhancements. GPU IP is a notable solution addressing these market trends. Overall, the GPU market is witnessing substantial growth due to these factors and is expected to continue its upward trajectory.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.