Graphical Processing Unit (GPU) Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

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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The global graphical processing unit (GPU) market is segmented based on the Based-on type and application. Based on the type of the market is sub-segmented into discrete graphic processing unit and integrated graphics processing unit systems. Based on the devices, the market is sub-segmented into desktops, tablets, gaming consoles, automotive vehicles, and data centers, among others. The desktop devices market is anticipated to hold a considerable share in the Graphical Processing Unit industry.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Graphics Processing Unit (GPU) Market by Type

  • Discrete GPU
  • Integrated GPU

Global Graphics Processing Unit (GPU) Market by Devices

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

Regional Analysis

  • 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

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.

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 graphics processing unit (GPU) 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 solid 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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