The Gaming Graphic Processing Unit (GPU) Market is being driven by Increased demand for PC games and gaming consoles
The Gaming Graphic Processing Unit (GPU) Market is expected to grow at a CAGR of 21.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 59291.2 million. In the intensely competitive gaming GPU market, companies are driven to innovate in order to maintain a competitive edge. Notable market participants, including Intel Corporation, NVIDIA Corporation, and Advanced Micro Devices Inc., have recently introduced new GPU offerings to cater to the evolving market demands. For instance, NVIDIA Corporation's unveiling of the GeForce RTX 50 Series GPUs at CES 2025, powered by the Blackwell architecture, represents a significant leap forward in AI-driven computer graphics through advancements in neural shaders and digital human technologies. Further, the anticipated launch of several new gaming GPUs during the forecast period is expected to fuel market growth.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
180 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 21.4% |
Market growth 2025-2029 |
USD 59291.2 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
18.3 |
Key countries |
US, China, Germany, Canada, Brazil, UK, Japan, India, France, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Graphics Processing Unit (GPU) market encompasses Graphics Cards designed for Gaming Graphics, powering Virtual Reality and Augmented Reality experiences. High-End, Mid-Range, and Entry-Level Gaming GPUs prioritize Ray Tracing for enhanced Frames Per Second and High Refresh Rates. High Dynamic Range, Content Creation, Video Editing, 3D Modeling, Artificial Intelligence, and Machine Learning applications also benefit. Gaming Consoles, PC Gaming, Mobile Gaming, Cloud Gaming, Game Development, and Gaming Ecosystems rely on advanced GPU technologies for superior Gaming Performance. Thermal Management, Cooling Solutions, Power Consumption, Memory Bandwidth, Memory Type, GPU Chipset, Integrated Graphics, Discrete Graphics, and Gaming Hardware/Peripherals/Software/Subscription Services complete the ecosystem. Competitive Gaming, Gamer Demographics, and the Gaming Community fuel market growth.
The gaming graphics market, a segment of Technavio's global technology hardware, storage, and peripherals market analysis, is experiencing significant growth. This market caters to high-end and mid-range gaming graphics cards used in virtual reality (VR) and augmented reality (AR) applications. The parent technology hardware, storage, and peripherals market encompasses manufacturers of IT hardware, data storage components, and peripherals, including graphics cards. Market expansion is driven by the increasing 4Vs (volume, velocity, veracity, and variety) of data, necessitating advanced data storage solutions, particularly in the burgeoning data center sector.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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