Dublin, July 31, 2024 (GLOBE NEWSWIRE) -- The "Data Center GPU - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Center GPU is estimated at US$13.9 Billion in 2023 and is projected to reach US$92.0 Billion by 2030, growing at a CAGR of 31.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the data center GPU market is driven by several factors, reflecting technological advancements, industry needs, and evolving consumer demands. Firstly, the exponential increase in data generation and the subsequent need for data analysis and processing are primary drivers. Industries such as finance, healthcare, and retail are generating vast amounts of data that require powerful GPUs for real-time processing and analysis. Secondly, the proliferation of AI and ML applications in various sectors is fueling demand for GPUs capable of handling complex algorithms and large-scale computations.
Thirdly, the rise of edge computing and the need for decentralized data processing are promoting the deployment of GPUs in data centers to support low-latency and high-throughput applications. Additionally, the gaming and entertainment industries' demand for high-quality graphics and real-time rendering is pushing data centers to integrate advanced GPUs.
Lastly, ongoing innovations in GPU technology, including improvements in processing power, energy efficiency, and integration with other data center components, are driving the market forward. These factors collectively ensure the continued growth and evolution of the data center GPU market, enabling a wide range of high-performance applications and services.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the On-Premise Deployment segment, which is expected to reach US$53.7 Billion by 2030 with a CAGR of a 29.8%. The Cloud-based Deployment segment is also set to grow at 32.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.8 Billion in 2023, and China, forecasted to grow at an impressive 40.9% CAGR to reach $25.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Data Center GPU Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Data Center GPU Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Data Center GPU Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advanced Micro Devices, Inc., Advantech Co., Ltd., Amazon Web Services, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $13.9 Billion |
| Forecasted Market Value (USD) by 2030 | $92 Billion |
| Compound Annual Growth Rate | 31.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Data Center GPU - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Demand for High-Performance Computing Drives Market Growth
- Rising Adoption of AI and Machine Learning Applications Expands Market Opportunities
- Technological Advancements in GPU Architecture Propel Market
- Focus on Energy Efficiency and Sustainability Strengthens Business Case
- Growing Use in Cloud Computing Generates Demand
- Emphasis on Data Center Modernization Spurs Innovation
- Development of GPU-Accelerated Databases Expands Addressable Market
- Increasing Investment in Edge Computing Drives Adoption
- Focus on Enhancing Data Processing Speed and Efficiency Propels Market
- Rising Use in Scientific Research and Simulations Generates Interest
- Advances in Virtualization and Containerization Technologies Propel Market Growth
FOCUS ON SELECT PLAYERS (Total 86 Featured)
- Advanced Micro Devices, Inc.
- Advantech Co., Ltd.
- Amazon Web Services, Inc.
- Arm Ltd.
- Dell, Inc.
- Graphcore Limited
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Imagination Technologies Ltd.
- Intel Corporation
- Micron Technology, Inc.
- Microsoft Corporation
- NVIDIA Corporation
- Samsung SDS Co., Ltd
- TRG Datacenters
For more information about this report visit https://www.researchandmarkets.com/r/74kgt4
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