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MARKET OUTLOOK

Triton’s report on the Asia-Pacific graphics processing unit (GPU) market denotes that the market is estimated to propel at a CAGR of 32.23% during the expected phase 2021-2028. South Korea, India, Australia & New Zealand, ASEAN countries, China, Japan, and Rest of APAC outline the overall market in the given region.

Amidst the COVID-19 outbreak, India witnessed a substantial rise in gaming users, resulting in the gaming industry’s growth. Earlier, the country observed less than ten companies dealing in digital gaming. However, the number surged to 140 over the past few years. This is mainly owing to the considerable growth in the number of gaming uses, approximately 90 million. Further, Sony PlayStation 4 console gained immense traction, capturing the highest percentage of shipments in 2020. Therefore, the growth in the number of gaming users has enhanced the demand for graphics processing units in the country, thereby driving the GPU market on a progressive path within India. 

Whereas South Korea is anticipated to witness the fastest growth in the region, owing to the strong presence of Samsung Electronics. The company is responsible for manufacturing Nvidia Corp’s latest gaming chips to expand its footings in the market. In this regard, Nvidia’s new series of graphics processing units will be developed by Samsung’s eight nm process node. Besides this, the company has stated its plan to invest significantly to become the world’s largest logic chipmaker by 2030. Thus, such steps by companies will open new avenues for the graphics processing unit market in South Korea. 

COMPETITIVE OUTLOOK

The well-known companies in the graphics processing unit market are Alphabet Inc, Apple Inc, Fujitsu, Imagination Technologies Ltd, Intel Corporation, Qualcomm Inc, and Sony Corporation.