Graphic Processor Market Analysis

Application (Consumer Electronics, IT & Telecommunication, Healthcare, Media & Entertainment)

The consumer electronics segment in the graphic processor market is estimated to gain the largest revenue share of about 40% in the year 2037. The segment growth can be attributed to the rising innovation in the field of electronics, GPUs are essential since they are the basis for improved visual experiences and processing power. Integrated graphic cards represent a crucial aspect of consumer electronics, which includes GPUs that are deeply incorporated into gadgets like laptops, tablets, smartphones, and smart TVs to deliver smooth and optimum graphics performance.

By 2026, more than 1.1 billion households globally—or 51% of all households—are expected to own a smart TV.  The market is expanding due to the growing demand for visually immersive apps and content, which includes mobile gaming and high-definition video streaming.

Furthermore, the increasing popularity of multipurpose gadgets like hybrid tablets and 2-in-1 laptops is driving the incorporation of flexible graphics solutions. Customers are looking for devices that can switch between productivity duties and leisure activities with ease, thus GPUs that can accurately perform both functions are required.

Deployment (On-Premise, Cloud)

The cloud segment is poised to hold majority market share, accounting for 60% during the projected timeframe. The advent of cloud computing has had a notable impact on the industry's use of GPUs, leading to the development of a noteworthy trend called on-demand cloud-based GPUs. Unlike traditional local hardware configurations, cutting-edge cloud GPU technology presents a paradigm shift by providing the experience of a high-performance graphics card within the cloud environment.

One of cloud GPUs' greatest advantages is that they can avoid direct rivalry with local graphics cards, giving users an effective and affordable option. Continuous improvements in GPU performance open up a wide range of opportunities for demanding applications, including computer vision, computational graphics, and a variety of high-performance computing jobs.

Our in-depth analysis of the market includes the following segments: