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GPU Market Size 2019 by Global Leading Players, Industry Updates, Future Growth till 2024, Business Prospects, Forthcoming Developments and Investments

[315 pages report] GPU market forecast 2024 By Component, Deployment Model, Application profiling 17 companies, offers 542 data tables and 28 figures with coverage of 20+ countries.

Selbyville, Delaware, USA – April 29, 2019 /MarketersMedia/

The GPU market shipments is estimated to hike from 44,000 thousand units in 2017 to over 120,000 thousand units by 2024. The key factors driving the GPU market growth include the rising adoption of GPUs in the healthcare sector, rapidly evolving PC gaming landscape with the advent of interactive Virtual Reality (VR) games, and the growing popularity of GPUs for machine learning and neural network training applications. In applications involving machine learning and Big Data analytics, GPUs are highly efficient when compared with CPUs as they enable excellent multiple parallel processing. With 10-100x application throughput and thousands of computational cores compared to CPUs, GPUs are preferred by scientists and data analysts who require massive Big Data processing capabilities.

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From interactive model-based image registration and MRI connectivity mapping to medical imaging and image reconstruction, the healthcare industry is increasingly leveraging the extensive computational power of GPUs. Technological advancements are giving rise to a persistent expectation from healthcare providers to deliver advanced visualization capabilities. Also, the increasing emphasis on affordable care is exerting an increasing pressure to effectively manage costs across the entire medical imaging lifecycle.

Players operating in the GPU market are collaborating with technology service providers to integrate advanced technologies into their products. IBM, Intel, Advanced Micro Devices, and other chipmakers are investing significantly in R&D to offer better performing chips that can crunch huge data sets used in AI and machine learning applications such as image & voice recognition. As the demand for high power computing to represent complex graphical objects and animations increases, the uptake of advanced GPUs is likely to accelerate swiftly over the forecast timeline. Also, there has been an increasing trend among processor manufacturers to join forces with cloud service providers for offering GPUaaS services to their customers. Cloud-based GPU capabilities deliver excellent computational power to customers without the need for investing in dedicated hardware on their premises. Associated scalability and flexible pricing models offer cost-effective alternatives to users for leveraging the processing power of high-performance GPUs to their compute-intensive applications.

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Asia Pacific held the majority share of the GPU market in 2017 accounting for over 34% and is expected to maintain market dominance throughout the forecast period. The extensive penetration of PC games in countries including Japan, China, and South Korea is driving the massive uptake of dedicated GPUs in this region. The Japanese gaming market is the third largest in the world due to the continued success of several mobile gaming companies in the country. Japanese gamers spend more than players in any other country. The average spending per Japanese player is approximately 2.5 times higher than that in western Europe and nearly 1.5 times higher than that in North America.

In Europe, there is a high demand for GPUs from cryptocurrency miners. There has been a growing trend among miners to shift to Sweden and Norway to benefit from low temperatures and cheap hydro-electric energy to power-up and cool their high-performance servers. According to the Association for UK Interactive Entertainment (UKIE), as of June 2018, there are 2,261 active gaming companies in the country using a broad spectrum of gaming technologies including AR and AI to develop games suitable for mobiles, PCs, and consoles. The growing penetration of PC games in the region will supplement the adoption of GPU market over the forecast timeline.

Browse key industry insights spread across 315 pages with 543 market data tables & 28 figures & charts from the report, “GPU Market Size By Component (Software [CAD/CAM, Simulation, Imaging, Digital Video, Modelling and Animation], Hardware [GPU Type {Integrated, Dedicated, Hybrid}, Device Type {Computer, Tablet/smartphone, Gaming Console, Television and others}], Service [Training & Consulting, Integration & Maintenance, Managed Service]), By Deployment Model (On-premise, Cloud), By Application (Gaming, Design & Manufacturing, Automotive, Real-estate, Healthcare), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, Japan, Australia, South Korea, India, Brazil, Mexico, South Africa, Gulf), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/gpu-market

Table of Contents (ToC) of the report:
GPU Market – Charts & Figures
FIG. 1 Industry segmentation
FIG. 2 Global market size, 2013 – 2024 (USD Million)
FIG. 3 GPU ecosystem analysis
FIG. 4 GPU architecture
FIG. 5 GPU evolution
FIG. 6 Growth potential analysis
FIG. 7 Porter’s analysis
FIG. 8 PESTEL analysis
FIG. 9 Company analysis of major market players, 2017
FIG. 10 Company market share, 2017
FIG. 11 Company analysis of other prominent vendors, 2017
FIG. 12 SWOT Analysis, Advanced Micro Devices, Inc.
FIG. 13 SWOT Analysis, Autodesk, Inc.
FIG. 14 SWOT Analysis, Amazon Web Services, Inc. (AWS)
FIG. 15 SWOT Analysis, Cogeco Communications, Inc.
FIG. 16 SWOT Analysis, Dassault Systems, Inc.
FIG. 17 SWOT Analysis, Google, Inc.
FIG. 18 SWOT Analysis, IBM Corporation
FIG. 19 SWOT Analysis, Intel Corporation
FIG. 20 SWOT Analysis, Microsoft Corporation
FIG. 21 SWOT Analysis, Nimbix, Inc.
FIG. 22 SWOT Analysis, Nvidia Corporation
FIG. 23 SWOT Analysis, Penguin Computing, Inc.
FIG. 24 SWOT Analysis, PTC
FIG. 25 SWOT Analysis, Qualcomm Technologies
FIG. 26 SWOT Analysis, ScaleMatrix Holdings Inc.
FIG. 27 SWOT Analysis, Siemens AG
FIG. 28 SWOT Analysis, HTC Corporation
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/gpu-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Website: https://www.gminsights.com/pressrelease/graphic-processing-unit-gpu-market

Source URL: https://marketersmedia.com/gpu-market-size-2019-by-global-leading-players-industry-updates-future-growth-till-2024-business-prospects-forthcoming-developments-and-investments/507339

Source: MarketersMedia

Release ID: 507339

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