Graphics Card Market to Grow with a CAGR of 6.15% Globally through to 2028
Graphics Card is increasing due to growing demand for
more powerful and efficient GPUs across gaming, cryptocurrency mining, machine
learning, and other computationally intensive applications in the forecast
period, 2024-2028.
According to TechSci Research report, “Global Graphics
Card Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028. Global Graphics Card market has witnessed tremendous
growth in recent years, reaching a valuation of USD 17.44 billion in 2022. The
market is projected to continue its strong upward trajectory, posting a CAGR of
6.15% from 2024 to 2028.
The global Graphics Card market has experienced
significant growth recently, fueled by rising demand across major industries.
Key sectors such as healthcare, engineering and gaming have recognized Graphics
Cards as a core component, especially applications requiring powerful
visualization and processing.
Graphics Cards play a vital role in powering
computationally intensive workloads like AI training, 3D modeling, and
real-time game rendering. Industries like engineering rely on GPU-accelerated
simulations and CAD/CAM software. Meanwhile, the burgeoning gaming market has
helped expand the need for high-performance graphics processing.
To support specialized workloads, companies are
partnering with leading Graphics Card providers. These collaborations have
resulted in customized solutions delivering enhanced capabilities like
real-time ray tracing. Advanced workstations equipped with high-end Graphics
Cards enable groundbreaking features such as interactive virtual reality
development and AI-powered game design.
Innovation continues to fuel industry growth, with
technologies like dedicated ray tracing cores, multi-GPU linking, and portable
eGPU enclosures. Among these, eGPUs are gaining popularity for their
flexibility, allowing users to boost the graphics power of laptops and
workstations on demand.
Furthermore, integration of Industry 4.0 with creative
workflows through Graphics Card accelerated AI and machine learning stands to
revolutionize content creation pipelines. This fusion of technology promises
greater precision, efficiency and productivity for graphics professionals.
Government initiatives promoting STEM fields and the
metaverse are also driving the market's expansion. As industries increasingly
leverage immersive technologies, demand for powerful graphics solutions will
continue rising. Intelligent workstations ensure regulatory compliance while
elevating performance, making high-end Graphics Cards indispensable assets.
In summary, the global Graphics Card market is
undergoing rapid transformation as adoption grows across critical sectors. As
businesses recognize their role in powering visualization and AI, Graphics
Cards are cementing their importance in technology roadmaps for the future.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Graphics
Card Market.”
Global Graphics Card market can be
segmented by price range, database type, and use case. By price range, the
market is divided into entry-level, mid-range, high-end, and
enthusiast/workstation cards. The mid-range graphics card segment dominated the
market in 2022 due to their balanced performance and cost. However, the
high-end and enthusiast segments are expected to witness the fastest growth
during the forecast period driven by the proliferation of GPU-accelerated
workloads.
By database type, the market is
bifurcated into relational and NoSQL databases. Relational databases held the
largest share in 2022 attributed to their widespread adoption across industries
for structured data storage and processing. When segmented by use case, the
graphics card market is categorized into gaming, content creation, 3D rendering
& modeling, machine learning & AI, and cryptocurrency mining. Of these,
gaming accounted for the largest share in 2022 as graphics cards are integral
to delivering high-fidelity visuals required in modern titles. Nonetheless, the
machine learning & AI segment is poised for the strongest growth over the
coming years on the back of burgeoning demand for GPU-powered deep learning and
inference applications across various sectors.
In summary, while mid-range graphics
cards and gaming currently dominate the market, the high-end/enthusiast segment
and machine learning & AI workloads are anticipated to drive the fastest
advances in the global graphics card industry through the forecast period..
Major companies operating in Global Graphics Card
Market are:
- NVIDIA Corporation
- Advanced Micro Devices, Inc
- Matrox Graphics Inc
- Intel Corporation
- Life Technologies Corporation
- 3Dlabs Inc
- EVGA Corporation
- GalaXy Microsystems Ltd.
- Zotac Technology Limited
- VIA Technologies Inc
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“Global Graphics Card market has witnessed significant
growth in recent years driven by widespread digital transformation across
industries. Public sector organizations have increasingly adopted advanced
Graphics Card solutions to optimize complex operations through data-driven
visualization and analysis.
Graphics Card solutions enable real-time monitoring of
systems, centralized data collection from dispersed assets, and analytics
capabilities. This allows agencies to generate predictive insights, automate
workflows, and ensure regulatory compliance. Such solutions help customize
programs, streamline processes for cost savings, and strengthen overall
controls.
Leading public entities have partnered with major
Graphics Card providers to digitally transform functions related to emergency
response, healthcare, transportation infrastructure management, and more. Advanced
visualization powered by high-performance Graphics Cards improves response
coordination, situational awareness through personalized access, and
facilitates compliance reporting.
Graphics Card vendors continue advancing solutions
through innovations in AI, cloud computing, and cybersecurity. This ensures
secure, interoperable and scalable solutions for diverse public sector needs.
With ongoing research and development efforts as well
as growing acceptance of data-driven strategies, Graphics Card solutions are
expected to play an increasingly important role in optimizing public services
delivery. Partnerships with industry leaders and compliance with emerging
standards will likely sustain high growth for this critical market. The
long-term outlook for the Graphics Card industry remains positive.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Graphics
Card Market by
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Price Range
(Entry-level Graphics Cards, Mid-range Graphics Cards, High-end
Graphics Cards, Enthusiast/Graphics Workstation Cards), By Database Type (Relational Databases, NoSQL
Databases) By
Use Case (Gaming, Content Creation, 3D Rendering and Modeling,
Machine Learning and AI, Cryptocurrency Mining) By Region, By Competition”, has evaluated the future growth potential of Global
Graphics Card Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Graphics Card Market.
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