COVID-19 Impact and Recovery Analysis | Graphics Processing Unit (GPU) Market 2020-2024 | Demand for High Memory GPU to Boost Growth

The graphics processing unit (GPU) market and it is poised to grow by USD 38.28 billion during 2020-2024, progressing at a CAGR of over 29% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advanced Micro Devices Inc., Apple Inc., Arm Ltd., ASUSTek Computer Inc., Broadcom Inc., Fujitsu Ltd., Giga-Byte Technology Co. Ltd., Intel Corp., NVIDIA Corp., and Qualcomm Inc. are some of the major market participants. The demand for high memory GPU will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for high memory GPU has been instrumental in driving the growth of the market.

Graphics Processing Unit (GPU) Market 2020-2024: Segmentation

Graphics Processing Unit (GPU) Market is segmented as below:

·         Type

o    Computers

o    Tablets and Smartphones

o    Television

o    Gaming Consoles

·         Geography

o    APAC

o    North America

o    Europe

o    South America

o    MEA

Graphics Processing Unit (GPU) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our graphics processing unit (GPU) market report covers the following areas:

·         Graphics Processing Unit (GPU) Market Size

·         Graphics Processing Unit (GPU) Market Trends

·         Graphics Processing Unit (GPU) Market Industry Analysis

This study identifies growing PC gaming and gaming console markets as one of the prime reasons driving the graphics processing unit (GPU) market growth during the next few years.

Graphics Processing Unit (GPU) Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the graphics processing unit (GPU) market, including some of the vendors such as Advanced Micro Devices Inc., Apple Inc., Arm Ltd., ASUSTek Computer Inc., Broadcom Inc., Fujitsu Ltd., Giga-Byte Technology Co. Ltd., Intel Corp., NVIDIA Corp., and Qualcomm Inc. Backed with competitive intelligence and benchmarking, our research reports on the graphics processing unit (GPU) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.