GPU stands for Graphics Processing Unit, an electronic circuit designed to manipulate computer graphics and process images. In other words, GPUs help generate the images you see on a computer or mobile phone, especially for processing intensive applications like video games. Similar in some ways to the CPU, it takes on a lot of the computing required by mobile phones, computers, and game consoles, but focuses on working with the graphics and visuals. In the mass market they are known for giving modern video games their beauty and realism. Discrete top-of the line GPUs from Nvidia and AMD can cost several $1000’s. Additionally, their highly parallel computing structure makes them more efficient than CPUs for algorithms that work with large blocks of data in parallel. Because of this, GPUs are becoming increasingly used in the field of Artificial Intelligence (AI), Machine Learning (ML), and even cryptocurrency mining. GPU market share is highly concentrated among Nvidia, Intel, and AMD, with Nvidia market share leading the group. You can find GPU Market Size, GPU Market Share, and other trends and statistics below. You can get help with additional GPU industry market research here.
GPUs are an excellent example of technology serving both entertainment and professional purposes. Growth is driven by the developing gaming industry, increasing popularity of AI technology, and cryptocurrency mining. Beautiful and realistic graphics are one of the main selling points of modern video games, meaning top-of-the-line graphics cards will always be in high demand. VR, which is highly demanding in terms of graphics processing power, is also gaining popularity. GPUs also have major benefits due to their highly parallel nature. AI is becoming an integral part of many business solutions, and GPUs are far more effective at handling AI operations than CPUs. By coincidence, the parallel nature of GPU computations makes GPUs more effective than CPUs for cryptocurrency mining and large movements in the cryptocurrency markets can affect the attractiveness of mining and therefore GPU sales. Given the rise of new GPU applications, there are many application specific processing units that are coming to market and that will increasingly compete with GPUs, such as Google’s TPUs and blockchain-specific processors. Despite high GPU industry growth and the many new applications of GPUs, Nivida has maintained its GPU market share lead.
The GPU industry is a Mature market composed of three large competitors who control GPU market share. Nvidia market share was 56% of the GPU market in 2019. Nvidia's GeForce series is the company's gaming product, while the Quadro series is made for professional uses, particularly in VR and AI. AMD market share was 26% of the GPU market in 2019. AMD has a Radeon graphics card series for gamers, Radeon Pro for workstations, as well as accelerators intended for deep learning. Intel market share was 18% of the GPU market in 2019. Intel focuses on integrated graphics, however, it will release its discrete graphics card Intel Xe in 2020.
T4's research team can help you learn more about the GPU industry with market analysis, competitive analysis, commercial Due Diligence, and other market research needs. This includes deeper analysis on competitors in the GPU market, including: Nvidia, AMD, and Intel; research into related topics such as Server Infrastructure, Central Processing Units (CPU), High Performance Computing, Supercomputers, Servers, Video Gaming, Augmented Reality (AR), and Virtual Reality (AR); or additional support in the Technology Sector or other Sectors. Find more information about T4's additional research services here.Schedule a Demo