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MARKET OUTLOOK
Triton Market Research’s report insinuates that the graphics processing unit (GPU) market in Europe is expected to witness growth at a compound annual growth rate of 31.34% during 2021-2028. Italy, Germany, Russia, Spain, the United Kingdom, France, and Rest of Europe form the market in this region.
The rise in the graphics processing unit market in Germany is mainly owing to the rise in the gaming industry, coupled with the surging need for a video on demand. Mobile gaming continues to grow at a significant pace, creating new opportunities for innovative game developers. Moreover, the country’s thriving gaming clusters provide optimal conditions for gaming start-ups. This increased the demand for graphics processing units, thereby augmenting the graphics processing unit market’s development across Germany.
Additionally, the growing demand for high graphic games has enhanced the demand for virtual reality. In this regard, graphic processors help improve the visual quality of graphics. As a result, the demand for GPUs would rise across France that is anticipated to supplement the growth of the graphics processing units significantly over the next few years. The rising adoption of smart TVs is another factor that is encouraging the adoption of graphics processing units. Therefore, the high adoption of smart TVs is anticipated to widen the scope and growth of the graphics processing unit (GPU) market across France over the upcoming years.
COMPETITIVE OUTLOOK
The well-known companies in the graphics processing unit (GPU) market comprise Evga Corporation, Samsung Electronics Co Ltd, ARM Holdings Plc, International Business Machines Corporation, Intel Corporation, Nvidia Corporation, and Apple Inc.