According to the research report titled ‘GLOBAL GRAPHICS PROCESSING UNIT (GPU) MARKET 2021-2028’, available with MarketStudyReport, global graphics processing unit (GPU) market is anticipated to record a CAGR of 31.87% during 2021-2028.

Reliable sources cite that the rising investments in AI and VR platform R&D, as well as ongoing GPU advancements are propelling the growth of global graphics processing unit (GPU) market.

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Furthermore, shifting focus towards better visual content, expanding electrical & electronics industry, as well as the growing usage of mobile devices are anticipated to boost the industry trends during the forecast duration.

However, the escalating requirement for new product development and a global scarcity of semiconductor chips may hamper the market growth during 2021-2028.

Based on GPU type, the industry is divided into discrete, hybrid, and integrated. In terms of application scope, the marketplace is branched into media & entertainment, IT & telecommunication, electronics, defence intelligence, and others. On the basis of device, the industry is classified into television, tablet, smartphone, gaming console, computer, and others.

Considering the regional outlook, global graphics processing unit (GPU) market report covers North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa trends. Among these, Asia Pacific industry is anticipated to hold considerable revenue share over the forecast timeline, owing to presence of emerging economy like China, as well as growing disposable income of individuals, rising smartphone ownership, improvements in private-sector, flourishing gaming industry, and increasing video traffic.

Qualcomm Inc., Alphabet Inc., Imagination Technologies Ltd., Fujitsu, Samsung Electronics Co. Ltd., Advanced Micro Devices Inc., Sony Corporation, Taiwan Semiconductor Manufacturing Company Limited, Arm Holdings plc, Apple Inc., Intel Corporation, EVGA Corporation, International Business Machines Corporation, Nvidia Corporation, and Gigabyte Technology Co. Ltd. are the prominent players of worldwide graphics processing unit (GPU) marketplace.