Global Graphics Processing Unit Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware, Software, and Service.

By Deployment Model;

On-Premises and Cloud.

By Device Type;

Computers, Tablets & Smartphones, Television, and Gaming Consoles.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120896289 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Graphics Processing Unit Market (USD Million), 2021 - 2031

In the year 2024, the Global Graphics Processing Unit Market was valued at USD 79,434.48 million. The size of this market is expected to increase to USD 609,820.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 33.8%.

The global graphics processing unit (GPU) market has witnessed significant growth in recent years, driven by advancements in technology and increasing demand across various sectors. GPUs, initially designed for rendering graphics in video games, have evolved into versatile computing units capable of handling complex computations and data processing tasks. This transformation has opened up new avenues for GPU applications, extending their utility beyond gaming into areas such as artificial intelligence (AI), machine learning, data science, and more.

A major factor propelling the GPU market is the rapid expansion of the gaming industry. The increasing popularity of immersive video games, virtual reality (VR), and esports has created a robust demand for high-performance GPUs. Gamers seek the best visual experiences and seamless performance, which only advanced GPUs can deliver. This trend is further bolstered by the continuous launch of new gaming titles and the adoption of higher-resolution displays, necessitating more powerful graphics hardware.

Beyond gaming, the adoption of GPUs in data centers and cloud computing has surged. Enterprises and cloud service providers leverage the parallel processing capabilities of GPUs to accelerate tasks such as data analytics, machine learning, and scientific simulations. The rise of AI and machine learning has particularly underscored the importance of GPUs, as these technologies require immense computational power to train and deploy complex models. Consequently, the demand for GPUs in AI research, autonomous systems, and other high-performance computing applications continues to rise.

Despite the promising growth prospects, the GPU market faces challenges such as high costs and supply chain disruptions. The advanced manufacturing processes required for cutting-edge GPUs contribute to their high prices, potentially limiting accessibility for some users. Additionally, global supply chain issues, including semiconductor shortages, have impacted the availability of GPUs. However, emerging markets and technological advancements present significant opportunities for future growth. As the world becomes increasingly digitized, the role of GPUs in enabling sophisticated computing capabilities is set to expand, driving further innovation and market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Deployment Model
    3. Market Snapshot, By Device Type
    4. Market Snapshot, By Region
  4. Global Graphics Processing Unit Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Data Centers and Cloud Computing
        2. Cryptocurrency Mining
        3. Advancements in Technology
      2. Restraints
        1. Heat and Power Consumption
        2. Market Saturation
        3. Environmental Concerns
      3. Opportunities
        1. Autonomous Vehicles
        2. Augmented Reality (AR) and Virtual Reality (VR)
        3. 5G Deployment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Graphics Processing Unit Market, By Component, 2021- 2031(USD Million)

      1. Hardware

      2. Software

      3. Service

    2. Global Graphics Processing Unit Market, By Deployment Model, 2021- 2031(USD Million)

      1. On-Premises

      2. Cloud

    3. Global Graphics Processing Unit Market, By Device Type, 2021- 2031(USD Million)
      1. Computers
      2. Tablets & Smartphones
      3. Television
      4. Gaming Consoles
    4. Global Graphics Processing Unit Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advanced Micro Devices Inc
      2. Apple Inc
      3. Arm Ltd
      4. ASUSTek Computer Inc
      5. Broadcom Inc
      6. Fujitsu Ltd
      7. Giga-Byte Technology Co. Ltd
      8. Intel Corp
      9. NVIDIA Corp
      10. Qualcomm Inc
  7. Analyst Views
  8. Future Outlook of the Market