GPU market size worldwide 2023-2029 | Statista (2024)

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GPU market size worldwide 2023-2029 | Statista? ›

In 2024, the global graphics processing unit (GPU) market was valued at 65.3 billion U.S. dollars, with forecasts suggesting that by 2029 this is likely to rise to 274.2 billion U.S. dollars, growing at a compound annual growth rate (CAGR) of 33.2 percent from 2024 to 2029.

GPU Market Analysis

The global graphic processing unit (GPU) market size was valued at USD 48.38 billion in 2023. The market is projected to grow from USD 61.58 billion in 2024 to USD 461.02 billion by 2032, exhibiting a CAGR of 28.6% during the forecast period.

Graphic Processing Unit (GPU) Market Size | Share and Trends 2024 to 2034. The global graphic processing unit (GPU) market size was USD 56.55 billion in 2023, calculated at USD 75.77 billion in 2024 and is expected to reach around USD 1,414.39 billion by 2034, expanding at a CAGR of 13.8% from 2024 to 2034.

Graphics Card Market size was valued at USD 44.49 billion in 2022 and is poised to grow from USD 59.35 billion in 2023 to USD 595.20 billion by 2031, growing at a CAGR of 33.4% in the forecast period (2024-2031).

The global microprocessor and GPU market is estimated to be USD 103.0 billion in 2020 and projected to reach USD 138.2 billion by 2025, at a CAGR of 6.1%.

NVIDIA logo on phone and blurred AI chip on the background. Nvidia's current market capitalization stands at $3.34 trillion USD. Our projection is that Nvidia will achieve a market capitalization of $8 trillion by 2030 or even earlier.

Nvidia had a dominant 98% market share in data-center GPU shipments in 2023, similar to market share numbers in 2022. When including AMD and Intel, the total data-center GPU unit shipments in 2023 totaled 3.85 million, growing from about 2.67 million units in 2022, according to TechInsights.

BANGALORE, India, Sept. 11, 2024 /PRNewswire/ -- The Global AI Server GPU market was valued at USD 1024 Million in 2023 and is anticipated to reach USD 3139.8 Million by 2030, witnessing a CAGR of 16.7% during the forecast period 2024-2030.

Graphic Processing Unit (GPU) Market Outlook, 2027

The Global Graphic Processing Unit Market size was valued at $19.75 billion in 2019, and is projected to reach at $ 200.85 billion by 2027, growing at a CAGR of 33.6% from 2020 to 2027.

Data Center GPU Market Size & Growth

[259 Pages Report] The data center GPU market size was valued at USD 14.3 billion in 2023 and is estimated to reach USD 63.0 billion by 2028, growing at a CAGR of 34.6% during the forecast period.

How big is the global card market? ›

The global Card Market size was valued at USD 12.37 billion in 2023 and is projected to reach USD 22.80 billion by 2031, growing at a CAGR of 8.05% from 2024 to 2031.

In 2024, the global graphics processing unit (GPU) market was valued at 65.3 billion U.S. dollars, with forecasts suggesting that by 2029 this is likely to rise to 274.2 billion U.S. dollars, growing at a compound annual growth rate (CAGR) of 33.2 percent from 2024 to 2029.

Key Data Points. Nvidia is the premier GPU stock. The company got its start designing processors used for gaming GPUs, and it continues to offer the most powerful hardware on the market.

Global GPU Market Predicted to Achieve Significant Growth, growing at a CAGR of 22.04% from 2024-2030. - Market size & Forecast segmented by Geography, Type, Device and Industry. - Increasing demand for gaming and high-performance computing.

The market size of graphics processing unit (GPU) reached USD 52.1 billion in 2023 and will grow at a 27% CAGR between 2024 and 2032, fueled by increasing demand for high-performance computing across industries such as gaming, artificial intelligence (AI), and data analytics.

Related Story NVIDIA Dominated The AIB GPU Market In Q1 2024 With An 88% Market Share, AMD At 12% & Intel At 0% The total PC-based GPU shipments reached 70 million units in Q2 2024, which according to JPR is a surprise since the GPU shipments generally reduce in the second quarter compared to Q1.

Nvidia data center GPU shipments totaled 3.76m in 2023, equating to a 98% market share - report.