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Graphics Processing Unit (GPU) Market growth opportunity and industry forecast to 2026

Graphic processing unit (GPU) is an electronic device designed to modify and deploy memory to accelerate image creation for display. The GPU industry enables seamless motion, complex optical effects, and intricate shapes to deliver enhanced images at a faster rate. Several independent tasks of enabling task-level parallelism and computation can simultaneously run using a GPU. By the prediction done by Mooreu2019s law, the performance of GPUs has increased at a faster rate. The demand for increasingly complex entertainment applications and visual effects in entertainment and gaming applications is being met by using GPU.

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Graphics Processing Unit (GPU) Market growth opportunity and industry forecast to 2026

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  1. Global Graphics Processing Unit (GPU) Market by Types, Devices, Industry Verticals, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

  2. The globalgraphics processing unit (GPU) market was valued at USD 38 billion in 2019 and is expected to reach USD 80 billion by 2026, expanding at a CAGR of around 30% during the forecast period, 2020–2026. The demand for graphics processing unit (GPU) is estimated to increase during the forecast period around the globe. The growing demand can be attributed to continuous changes made in graphic games, virtual reality, augmented reality and artificial intelligence. Internet of things market and electronics & wearables market are expected to create new lucrative opportunities for GPU in the industry. Request for sample@https://dataintelo.com/request-sample/?reportId=9240 Graphic processing unit (GPU) is an electronic device designed to modify and deploy memory to accelerate image creation for display. The GPU industry enables seamless motion, complex optical effects, and intricate shapes to deliver enhanced images at a faster rate.

  3. Market Trends, Drivers, Restraints, and Opportunities: • Increasing popularity of virtual reality in gaming industry is the major factor driving the growth of the market. • Extensive use of GPUs in portable electronic devices is gaining popularity in turn positively influencing its demand. • Growing smartphone-based games is contributing to the growth of the market. • To support cloud-based applications GPUs are being extensively adopted which is fuelling the market growth. • Increasing use of GPUs in healthcare applications is expected to influence the market growth during the forecast period. • Lack of technical expertise may act as a restrain to the growth of the market. • High GPU cost may hamper the market growth.

  4. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=9240 Competitive Landscape: Major companies in the global graphics processing unit (GPU) market include NVIDIA Corporation, Qualcomm Incorporated, ARM Holdings PLC, Silicon Integrated Systems Corporation, Fujitsu Limited, Samsung Electronics, Apple Inc., Imagination Technologies Ltd., Sony Corporation, Broadcom Corporation, Taiwan Semiconductor Manufacturing Company, Intel Corporation, Advanced Micro Devices, Silicon Integrated Systems Corporation, and International Business Machines Corporation. The competition in the global graphics processing unit (GPU) market is highly intense and competitors use strategies such as new product launches, collaborations, partnerships, ventures, acquisitions, and agreements to gain new market share. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=9240

  5. Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the Graphics Processing Unit (GPU) Market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

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