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Semiconductors & Electronics Icon

Graphics Card Market – Trends Forecast Till 2030

Graphics Card Market, by operational mechanism (Integrated graphics, Hybrid graphics, Dedicated graphics), application Type (Electronics, Biomedical, defence and intelligence, medical and diagnostics, telecommunications, meteorology/climate, media and entertainment, algorithmic computations, structural and construction, machine learning/ AI), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

  • Published Date : August 2023
  • Base Year Estimate : 2022
  • Report ID : D-SE-GCM-1458
  • Format :
  • Number of Pages : 522
  • Domain : Semiconductors & Electronics
  1. Semiconductors & Electronics
  2. Graphics Card Market – Trends Forecast Till 2030
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REPORT SYNOPSIS
Market Snapshot Market Overview Delvens Industry Expert's Standpoint Market Portfolio Key Findings Regional Analysis Competitive Landscape Recent Developments Reasons to Acquire Report Scope
Table Of Content Frequently Asked Questions

Market Snapshot

Market Overview

The global Graphics Card market size was estimated at USD 65.2 billion in 2023 and is projected to reach USD 474.9 billion in 2030 at a CAGR of 32.80% during the forecast period 2023-2030.

The graphics card market is an important part of the graphics processing of a computer, laptop or other computing devices. It provides the clock speed and refresh requirements needed to display and use programs needed in computer technology. It can be used for a variety of purposes, from military to everyday use requirements. The graphics card market is based on the graphics processor or GPU, which is one of the most important types of computing technology for personal and business use. Designed for parallel processing, GPUs are used in many applications, including graphics and video rendering.

In recent years, the graphics card market has grown significantly and steadily in various sectors. One of the main drivers of this growth is the growing demand in the gaming industry, fueled by the growing popularity of video games, e-sports and virtual reality. Gamers are constantly looking for better visual experiences, which has led to a greater need for high-performance graphics cards that can deliver realistic graphics and smooth gameplay. Additionally, the industrial sector has contributed greatly to the growth of the market by adopting graphics processing units (GPU) in applications such as artificial intelligence, machine learning and autonomous driving.

COVID-19 affected the industry by disrupting the supply chain at an early stage. However, the market reported increased consumer demand in a certain segment, mainly supporting the growth of GPU technology. In April of this year, Nvidia announced that researchers found trends in 25 cases of Hubble data using a supercomputer with NVIDIA GPUs. High-performance computing is used to analyse harsh atmospheres with NVIDIA GPUs to increase understanding of all planets.

Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The market is continuously growing due to increasing demand from the gaming industry, adoption of GPUs in emerging technologies such as artificial intelligence and ML, and rising high-performance computing requirements in various sectors, among others. The growing business of IoT systems in the Asia-Pacific region will further increase the demand for efficient graphical computing systems. The market is characterized by intense competition between design organizations and vendors, and startups have emerged as major players in GPU architecture and framework design. However, the market is also facing challenges due to the global shortage of semiconductor chips, which is affecting the supply chain and the availability of graphics cards. Overall, the market is witnessing advancements in GPU technology and innovation to meet the changing needs of various industries.

Market Portfolio

Key Findings

  • The operational segment is further fragmented into integrated, hybrid and dedicated graphics. The integrated segment dominates the GPU market and is projected to maintain its leading position during the forecast period. This is due to the widespread use of integrated GPUs in portable electronic devices such as smartphones, tablets, laptops and laptops. In addition, significant research and development efforts are focused on the development of integrated GPUs capable of supporting high-quality graphics processing in artificial intelligence platforms, supercomputers and VR systems.
  • The device type segment is further bifurcated into computer, tablet, smartphone, television, gaming console. The smartphone segment held the largest share of the GPU market and this trend is expected to continue during the forecast period. This is due to the increasing demand for durable and energy-efficient GPUs in smartphones, which is driving the high growth of integrated GPUs. In addition, mobile phone manufacturers are actively developing products that support virtual reality (VR) and augmented reality (AR), which provide an opportunity for the expansion of the smart GPU phone market. In addition, the increasing use of smartphones for gaming has increased the demand for powerful computer systems that can handle graphics-intensive gaming applications.
  • The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia-Pacific is estimated to account for the largest market share during the forecast period.

Regional Analysis

Asia-Pacific to Dominate the Market

  • The Asia-Pacific region dominated the global graphics processing unit (GPU) market and is expected to maintain its dominance in the forecast period. The region's growth can be attributed to significant government investments in developing high-performance computing systems for the defence and intelligence sector.
     
  • Additionally, the increasing adoption of Internet of Things (IoT) systems in various industries has led to a greater need for efficient graphic computing systems. The Asia-Pacific region's strong market presence is driven by these factors, showcasing its potential for further growth in the GPU market.