Graphic processor market is anticipated to grow at a considerable CAGR of 34.2% during the forecast period. The increasing usage of graphic processors to support graphics applications and 3D content in various industrial verticals such as manufacturing, automotive, real estate, and healthcare is a key factor driving the global market growth. For instance, to support manufacturing and design applications in the automotive sector, CAD and simulation software leverages GPUs to create photorealistic images or animations.
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The advancements in the Artificial Intelligence (AI)/Machine Learning (ML) industry, increasing adoption of cloud-based services, and growing R&D in the automotive industry to offer distinct services is further contributing to the global market growth. 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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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Graphic Processor Market Report Segment
By Type
- Dedicated graphic card
- Integrated graphic solutions
- Hybrid Solutions
By Deployment
- Cloud-Based
- On-Premise
By Application
- Media & Entertainment
- Automobiles
- Smartphones
- Tablets & Notebooks
- Workstation
- Gaming PC
Global Graphic Processor Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global graphic processor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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