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MARKET OUTLOOK

Triton Market Research’s report represents that the North American graphics processing unit (GPU) market is estimated to gather a CAGR of 31.76% in the projected phase 2021-2028. The United States and Canada shape the overall market in this region.

The GPU market’s growth in the region is predominantly supported by the growing demand for GPUs in defense, IT and telecommunication, media and entertainment, and other sectors. Moreover, it is also motivated by the technological advancements in graphics processing units and the growing adoption of portable computing devices, including smartphones. Along with this, there has been a substantial increase in government funding in virtual reality, which adds to the market’s growth. The emergence of machine learning startups is also anticipated to drive the expansion of the graphics processing unit market in the North American region over the estimated phase. 

ATI Technologies Inc is a well-known designer and supplier dealing in motherboard chipsets and graphics processing units in Canada. It later became the Advanced Micro Devices Graphics Product Group, revamping as a major semiconductor company carrying out in-house research and development activities. Moreover, it outsources manufactured and other assembled products across multiple regions. This rise in the companies offering GPUs and chipsets will contribute to the growth of the graphics processing unit (GPU) market over the upcoming years across Canada. 

COMPETITIVE OUTLOOK

The notable companies in the graphics processing unit (GPU) consist of Alphabet Inc, Samsung Electronics Co Ltd, Intel Corporation, Semiconductor Manufacturing Company Limited, ARM Holdings Plc, Gigabyte Technology Co Ltd, and Taiwan Advanced Micro Devices Inc.