Graphics Processing Unit (GPU) Market Analysis

GPU market valuation from gaming applications is poised to surpass USD 145 billion by 2032 due to the rising popularity of mobile and cloud gaming. The advent of online gaming has accelerated the need for high-performance graphics processors to offer exceptional compatibility with multiple devices and operating devices, facilitating cross-platform gaming. In recent years, e-gaming has gained substantial momentum on account of numerous benefits, such as location independence and low-cost high-quality experience along with the pandemic-driven user inclination toward online entertainment. Furthermore, cloud gaming eliminates the need for massive storage spaces, and specialized hardware while minimizing piracy issues.
 

Graphics processing unit market size from the on-premises deployment mode segment is expected to record over 25% CAGR between 2023-2032. The growing demand for on-premises installation of GPUs can be attributed to the surging hardware requirements across organizations for thorough control over data procurement and storage. On-premises GPUs are also more suitable across machine-learning applications that require access to high-performance next-generation technologies that are otherwise inaccessible in the public cloud. These servers are also considered to be more economical as they offer a broad spectrum of iteration capabilities along with longer testing time for developers.
 

Asia Pacific GPU market size is estimated to reach more than USD 180 billion by the end of 2032 driven by hefty government investments for the development of novel graphic computing systems. Several economies in APAC are emphasising international collaborations to promote cutting-edge technologies, including AI and IoT across defense and intelligence applications.