Global Graphics Processing Unit (GPU) Market

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Global Graphics Processing Unit (GPU)Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 29.76% through 2020 to 2026, reaching nearly US$ XX Bn.

Global Graphics Processing Unit (GPU) Market Overview:

A graphics processing unit i.e. GPU is an electronic circuit or chip able to render graphics for display on an electronic machine. Graphics Processing Units are broadly used in portable electronic devices that include tablets, laptops, medical wearable equipment, mobile phones, and many others.

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The scope of the MMR report includes a detailed study of global and regional markets for the Graphics Processing Unit (GPU) Market with the reasons given for variations in the growth of the industry in certain regions. The Graphics Processing Unit (GPU) is expected to gain market growth from 2020-2026 thanks to rising demand can be attributed to continuous changes made in virtual reality, augmented reality, graphic games, and artificial intelligence. The Electronics & wearable’s market and the Internet of things (IoT) market are expected to create new lucrative opportunities for a graphics processing unit in the industry. On the flip side, the growth of mobile-based gaming and the decreasing demand for desktops is estimated to hinder the growth of the Global Graphics Processing Unit (GPU) Market.

The GPU market is dominated by large companies like Intel, AMD, and NVIDIA that hold a majority market share. The competition is quite intense as companies are rapidly emerging next-generation advanced graphic chips to support computing-intensive applications. Such as, in 2018, Lincom Electronics geared up to produce its graphics card chip on a large scale. Graphics processing unit chip manufacturers are cooperating with technology enterprises to integrate advanced technologies into their products. For example, in 2019, NVIDIA Company collaborated with IBM to grow next-generation chips for machine learning (ML) and Artificial Intelligence (AI) applications.

Global Graphics Processing Unit (GPU) Market Segmentation:

By devices, sartphone segment is expected to account for the largest XX% market share by 2026 thanks to increasing sales of smartphones across the world with faster speed and durable GPU. Such as, in 2020, Qualcomm Incorporated launched Snapdragon-888, which has a nearly 35 % faster GPU than before and an Artificial Intelligence (AI) chip with 1000x lower latency. Additionally, companies are developing products, supporting AR &VR which strongly desires smartphone CPU. Likewise, the MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the Global Graphics Processing Unit (GPU) Market size.

Global Graphics Processing Unit (GPU) Market Regional Analysis:

APAC Graphics Processing Unit (GPU) Market was valued at US$ XX Bn. in 2019 and is expected to reach a value of US$ XX Bn. by 2027, with a CAGR of 30.02% during the forecast period.This growth is attributed to the high investment from governments for the application of strong IoT systems and graphic computing systems for intelligence & defense. Such as, in 2020, seven operatives opened 9 IoT labs to grow new IoT-based solutions. Moreover, the growing trend of Massively Multiplayer Online (MMO) games and social gaming is significantly contributing to the growth of the APAC Graphics Processing Unit (GPU) Market.

Key Development:

The MMR reports analyze key developments in the Graphics Processing Unit (GPU) as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies like product launches, product approvals and others. For example, in 2020, Intel Corporation launched its first discrete GPU for data centres, called Intel Server GPU. It is produced for android-based cloud gaming and power media streaming segments.

In 2020, Advanced Micro Devices, Inc. (AMD) launched its novel Ryzen 4000 G-Series, integrated graphics for PCs, which provides 2 to 3 times faster graphical performance than its rival chips. These advancements are expected to boost the growth of the graphic processing unit (GPU) market globally.

The report also helps in understanding Global Graphics Processing Unit (GPU) Market dynamics, structure by analyzing the market segments and project the Graphics Processing Unit (GPU) size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Graphics Processing Unit (GPU) Market make the report investor’s guide.

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Scope of the Global Graphics Processing Unit (GPU) Market: Inquire before buying

Global Graphics Processing Unit (GPU) Market, By Region

• Asia Pacific

• North America

• Europe

• South America

• Middle East & Africa

Key players operating in the Global Graphics Processing Unit (GPU) Market

• IBM Corporation

• Intel Corporation

• NVIDIA Corporation

• Samsung Electronics Co., Ltd.

• Qualcomm Incorporated

• Advanced Micro Devices, Inc.(AMD)

• Dassault Systems, Inc.

• Google, Inc.

• Siemens AG

• Sony Corporation

• Others

This Report Is Submitted By : Maximize Market Research Company

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