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MARKET OUTLOOK

Triton’s research report on the graphics processing unit (GPU) market in Latin America suggests that the market is estimated to display growth at a compound annual growth rate of 31.36% during the evaluated period 2021-2028. Mexico, Brazil, and Rest of Latin America shape the market in this region.

In Rest of Latin America, Argentina has a well-established gaming industry. There are over 120 video game development studios across the country. Moreover, several large companies have set up offices in the country. Along with this, other international companies are choosing Argentina to set up operations. For instance, Wildlife opened offices in the country in 2020. This indicates that Argentina is dominating the gaming industry. Therefore, these factors are fueling the progression of the graphics processing unit market across Argentina. 

In Mexico, several leading production houses in animation require high graphic computing capacity since animation creation software requires a graphics processing unit to develop certain visualizations. This is necessary to ensure the best performance from the equipment and optimize the animation. Further, NVIDIA hardware GPUs enable animation studios to fully immerse themselves in the best virtual reality experience via sensors and controllers. Thus, these developments are expected to propel the graphics processing unit on a positive growth trajectory in the near future. 

COMPETITIVE OUTLOOK 

The major firms in the GPU market include Alphabet Inc, Apple Inc, Fujitsu, Imagination Technologies Ltd, Intel Corporation, Qualcomm Inc, and ARM Holdings Plc.