DUBLIN–(BUSINESS WIRE)–The “Graphics Processing Unit (GPU) Market Research Report 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Graphics Processing Unit (GPU) Market was valued at USD 70 Billion in 2024, and is projected to reach USD 237.50 Billion by 2030, rising at a CAGR of 22.58%.
The global graphics processing unit (GPU) market is mature and characterized by numerous manufacturers that hold modest market share. Key players in the global graphics processing unit (GPU) market, including NVIDIA, Intel Corporation, and AMD, have established dominance in the market by continuously innovating and expanding their product offerings. Major vendors have strategically implemented innovative technologies to maintain their market positions.
The companies in the graphics processing unit (GPU) industry are also focusing on several strategic partnerships with foundries and technology providers to ensure continuous supply chains and manufacturing capabilities. For instance, in 2024, AWS expanded its partnership with NVIDIA to improve its generative AI innovation. Also, market leaders are making significant R&D investments to enhance their products, specifically in areas like ray tracing, ML, and AI, among others.
GPU MARKET DRIVERS
In 2024, Volvo also launched its EX90, which is a software-driven vehicle in collaboration with NVIDIA. The EX90 features an advanced computing system that uses NVIDIA DRIVE OS, which is capable of processing over 250 trillion operations per second. Hence, such innovations in autonomous vehicles are significantly raising the demand for GPUs and supporting the global graphics processing unit (GPU) market growth.
In 2024, NVIDIA joined the government of the U.S. to launch the Partnership for Global Inclusivity on AI (PGIAI), which provides Deep Learning Institute training, GPU credits, and hardware and software grants in developing countries, thereby supporting the graphics processing unit (GPU) market growth.
The rapid growth of cryptocurrency mining is stimulating the expansion of the GPU industry as these specialized algorithms are used for mining cryptocurrencies, such as Bitcoin and Ethereum, which require substantial computational power.
Internet penetration is increasing across the globe because of the rising data consumption, production of smartphones, affordable data plans, and improved connectivity. In developed countries like India, the internet penetration rate has reached 50%, with over 700 million internet users in 2024. This surge in internet usage and data consumption is surging the demand for smart devices, which is indirectly supporting the GPU market across the consumer electronics application segment.
INDUSTRY RESTRAINTS
The growing complexity of GPUs, which are integrated with larger memory bandwidth, advanced cooling systems, and components such as Tensor cores, AI accelerators, and ray-tracing units, significantly raises production costs, which makes the GPUs expensive, particularly for high-end gaming, AI, and data center usages. Also, GPUs lack the established isolation mechanisms such as CPUs have, which increases the risk of side-channel attacks and data leakage between users, which slows down the demand for GPUs.
The disruption in the global supply chain has led to increased costs for raw materials, logistics, and transportation, which have inflated operational costs and are often passed on to end consumers, leading to higher GPU prices. Also, CPUs are integrating AI acceleration features such as Intel’s Deep Learning Boost (DL Boost) or AMD’s AI engines, reducing the need for discrete GPUs for certain AI workloads, thereby hampering the graphics processing unit (GPU) market growth.
GRAPHICS PROCESSING UNIT (GPU) MARKET GEOGRAPHICAL ANALYSIS
In 2024 the APAC region dominated the global graphics processing unit (GPU) market and is experiencing significant growth with the increasing demand for gaming, AI, and data centers across emerging countries like Indonesia, South Korea, and India. China is the largest market in the region and is poised for strong performance during the forecast period because of its robust economy. Meanwhile, South Korea and India are also increasing their growth with the rising gaming industry. Major global GPU players such as NVIDIA, AMD, and Intel have a strong presence in the region along with emerging local manufacturers, particularly in China and Taiwan. Additionally, the presence of manufacturers like Samsung and Mediateck in countries like China, Taiwan, South Korea, and Japan are further encouraging the market growth.
The North American GPU market is highly competitive as it consists of several major vendors such as NVIDIA, Intel Corporation, and AMD among others which cater to customers worldwide. Moreover, the robust gaming industry across the U.S. further supports the market growth. Furthermore, the Europe region is growing at a significant compound annual growth rate of 19.56% during the forecast period owing to the presence large number of industries including healthcare, gaming, and data centers. Germany, the UK, and France are the major contributors to the Europe graphics processing unit (GPU) market.
Latin America accounted for a significant share of the global graphics processing unit (GPU) market and is expected to experience lucrative growth during the forecast period. Brazil and Mexico lead the regional market with substantial investments in data center infrastructure is further accelerating the market growth. Furthermore, the increasing adoption of cloud-based GPUs and rapid digital transformation initiatives like Saudi Arabia’s Vision 2030 are expected to boost the GPU market in the MEA.
IMPACT OF U.S. & CHINA TRADE WAR
Global Graphics Processing Unit (GPU) Market Developments
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