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MARKET OUTLOOK

Triton Market Research’s report infers that the global graphics processing unit (GPU) market is estimated to register growth at a CAGR of 31.87% from 2021 to 2028. 

Factors such as growing investments towards R&D of AI and VR platforms, coupled with ongoing innovations and developments in GPU, are driving the growth of the studied market. Additionally, the rapid shift towards enhanced visual content, growth of the electrical & electronics industry, and increasing use of portable devices are opening new avenues for the graphics processing unit market. 

However, the rising need for the development of new products and the lack of semiconductor chips are restricting the overall development of the GPU market. 

REGIONAL OUTLOOK

The global graphics processing unit (GPU) market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.

Geographically, the Asia-Pacific is anticipated to become the fastest-growing region in the graphics processing unit market. The market’s robust growth is mainly owing to rising ownership of smartphones, advancements by private organizations, a growing gaming industry, and surging video traffic. Additionally, the increase in high disposable income has augmented the studied market’s growth. China is among the major countries to dominate in the GPU market. Furthermore, the region generated the highest revenue in the region over the past few years. Hence, these factors are widening the scope of the graphics processing unit market.

COMPETITIVE OUTLOOK

The prominent companies in the graphics processing unit (GPU) market are Sony Corporation, Alphabet Inc, Imagination Technologies Ltd, Fujitsu, Advanced Micro Devices Inc, Taiwan Semiconductor Manufacturing Company Limited, Qualcomm Inc, Arm Holdings Plc, Intel Corporation, Evga Corporation, Apple Inc, International Business Machines Corporation, Nvidia Corporation, Samsung Electronics Co Ltd, and Gigabyte Technology Co Ltd.    

Alphabet Inc is a global technology company that offers products and services related to web search and advertising. Its products and services are offered to clients in various languages across regions and territories. The company’s business segments include Google Properties, Google Network Members Properties, and others. Its product line includes cloud GPUs for machine learning, scientific computing, and 3D visualization. It is headquartered in the United States.